Industry Analysis & Industry Trends
Revenue for the Aluminum Smelting industry in China has been growing at an average annualized rate of 7.7% between 2010 and 2015 to $84.5 billion. As a basic metal, aluminum has a wide variety of applications within the Building Construction (IBISWorld industry report 4710), Automobile Manufacturing (3721), Power Grid Construction (4725), and packaging material industries. These downstream industries are strongly promoted by China's booming economy and rising urbanization.
With increasing downstream demand for aluminum products over the past three decades, aluminum-related industries developed rapidly, expanding output capacity as product prices appreciate. Alumina output, the major material for primary aluminum, has increased from 3.3 million tons in 1998 to 51.3.... purchase to read more
Industry Report - Industry Locations Chapter
Industry activities are mostly concentrated in North West China. Revenue generated from North West China is expected to account for 28.7% of total industry revenue in 2015. In recent years, China's primary aluminum production capacity is transferring from Middle South China to Xinjiang and Gansu of North West China, which is mainly due to cheap electricity price in this region. In 2014, production volume of primary aluminum in this region is estimated to account for over 40% of the industry's total. Xinjiang represents the largest share with production volume of 2.46 million tons in 2013, up 153.7% over 2012.
Revenue generated from Middle South China is expected to account for 26.8% of total industry revenue in 2015... purchase to read more