The consumption of aluminum profiles in the industrial field continues to grow, and the industry is booming

As our country's industrial transformation and upgrading accelerates, the automobile, photovoltaic and other industries continue to develop, the consumption of industrial aluminum profiles continues to increase, and the industry development prospects are good

Aluminum profiles refer to aluminum materials with specific cross-sectional shapes and dimensional accuracy produced from aluminum rods through casting, hot melting, extrusion and other processes. They have the advantages of low density, high strength, good electrical conductivity and corrosion resistance. There are various types of aluminum profiles. According to different materials, they can be divided into 1100 aluminum profiles, 6061 aluminum profiles, 7075 aluminum profiles, etc.; according to different uses, they can be divided into architectural aluminum profiles, framed aluminum profiles, industrial aluminum profiles, radiator aluminum profiles, etc.

The upstream of the aluminum profile industry chain is the supply of raw materials such as bauxite, electrolytic aluminum, and alumina; the midstream is the processing and production of products; the downstream is widely used in electronics, transportation, construction, photovoltaics, auto parts, engineering machinery and other fields.

From the upstream market perspective, as the scale of industrial production continues to expand, the market demand for industrial raw materials continues to grow. In recent years, my country's electrolytic aluminum production has maintained a growth trend, providing sufficient raw material supply for the aluminum profile industry. In 2022, my country's electrolytic aluminum output will exceed 40 million tons, a year-on-year increase of approximately 4%.

According to the "2023-2027 Aluminum Profile Industry In-depth Market Research and Investment Strategy Suggestion Report" released by the New Sijie Industrial Research Center, before 2021, with the continuous development of the national economy, the continuous acceleration of urbanization, the construction area continues to grow, and Against the background of the continuous expansion of the scale of industrial production, aluminum profile output continues to grow driven by market demand. In 2021, the output will exceed 20.5 million tons. In 2022, affected by the downturn of the real estate economy, the output will decline.

From the perspective of market segments, industry and construction are the main application areas of aluminum profiles. As my country's industrial transformation and upgrading accelerates, industries such as automobiles and photovoltaics continue to develop, and the consumption of industrial aluminum profiles continues to grow. The industry has good development prospects. In 2020, my country's industrial aluminum profile consumption will be approximately 6 million tons, and consumption will increase to approximately 8 million tons in 2022. From the perspective of the industrial aluminum profile market segment, photovoltaic profiles account for nearly 55% of the total output of industrial aluminum profiles, rail transit profiles account for about 18%, ranking second, and new energy vehicle profiles account for nearly 16%. Ranked third.

In recent years, the country has issued a number of policies to encourage and support the development of the basic materials industry. In November 2022, 18 departments including the State Administration for Market Regulation jointly issued the "Action Plan to Further Improve Product, Engineering and Service Quality (2022-2025)", proposing to enhance the basic quality competitiveness of the industry, strengthen material quality assurance capabilities, and improve general Quality stability, reliability and durability of steel, aviation aluminum, basic chemical raw materials, cement, flat glass, etc. As one of the important industrial raw materials, aluminum profiles have a good development environment.

Industry analysts at Xinsijie said that against the backdrop of the continuous development of emerging industries such as new energy vehicles and photovoltaics, aluminum profiles have a broad consumer market and the industry is booming. At present, there are many domestic aluminum profile manufacturers and competition is fierce. Large enterprises have strong competitive advantages in production technology, product quality, etc., and occupy a dominant position in the market. Domestic aluminum profile manufacturers mainly include Kemet Building Materials Group Co., Ltd., Conch (Anhui) Energy Saving and Environmental Protection New Materials Co., Ltd., etc.