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In recent years, with the global green and low-carbon transformation and manufacturing upgrading, the demand for aluminum profiles as lightweight, recyclable high-performance materials has continued to grow in fields such as construction, transportation, and new energy. Both domestic and international markets are showing an active trend, with technological innovation and international cooperation becoming key driving forces for industry development.
Domestic market: Strong demand for high-end aluminum profiles:In China, the aluminum profile industry benefits from the rapid development of industries such as new energy vehicles, photovoltaics, and rail transit. According to statistics, the production of aluminum profiles in China will increase by about 8% year-on-year in 2023, with a significant increase in the proportion of industrial aluminum profiles. Enterprises are increasing their research and development investment to promote the production of high-end aluminum profiles with high toughness, corrosion resistance, and complex cross-sections, in order to meet the needs of emerging markets such as new energy vehicle battery trays and photovoltaic brackets.
Foreign news: Strengthening local supply chains in European and American markets, Southeast Asia becoming an investment hotspot:
Europe and America promote localized production of aluminum profiles** Affected by geopolitics and supply chain security, European and American countries are accelerating the localization layout of the aluminum profile industry chain. The US Inflation Reduction Act (IRA) provides tax incentives for domestically produced aluminum products, stimulating multiple companies to expand production capacity. Europe encourages the application of low-carbon aluminum profiles in the automotive and construction fields through the "Green New Deal", such as Norway's Hydro recently announcing investment in the construction of a zero carbon emission aluminum profile factory.
Southeast Asia becomes a new hub for aluminum processing** Due to labor cost advantages and the benefits of free trade agreements, Southeast Asia is attracting global aluminum companies to invest. Chinese aluminum giants have established production bases in Vietnam and Malaysia to avoid tariff barriers from Europe and America and stay close to downstream customers. Japanese and Korean companies have also increased their cooperation with Southeast Asian aluminum profile processing plants to meet the needs of their automotive and electronics industries.
Future Outlook: Coexistence of Technological Competition and Global Collaboration** Industry experts point out that the competition in the aluminum profile market will focus more on technological innovation, such as 3D printing aluminum profiles, intelligent extrusion production lines, etc. At the same time, under the background of global supply chain restructuring, cross-border cooperation and regional production models will become mainstream. Chinese enterprises need to continue to break through in high-end and green aspects, while avoiding trade risks and increasing international market share through overseas layout. In the wave of global aluminum industry transformation, the aluminum profile industry is ushering in a new round of development opportunities. How domestic and foreign enterprises grasp the trend will become the key to success or failure in the future.