Industry Analysis & Industry Trends
Revenue for the Aluminum Smelting industry in China has been growing at an average annualized rate of 11.4% between 2009 and 2014 to $77.4 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 an estimated 46.8.... purchase to read more
Industry Report - Industry Products Chapter
Primary aluminum is the main product in the industry and is expected to account for 66% of industry revenue in 2014. Primary aluminum output is expected to increase from 5.5 million tons in 2003 to 23.7 million tons in 2014. Many downstream industries, such as building, construction, real estate, transportation vehicles, power transmission lines and machinery manufacturing, have experienced rapid development in recent years, which has stimulated demand for primary aluminum.
Alumina is expected to account for 24% of industry revenue in 2014. Since 2005, alumina output has constantly increased due to expanding demand from primary aluminum manufacturers. Alumina output is estimated to total 46.8 million tons in 2014... purchase to read more