Global and China Aluminum Alloy Automotive Sheet Industry Report, 2012-2015 | Global and China Aluminum Alloy Automotive Sheet Industry | Scoop.it

Since the end of the 20th century, following the increasing requirements of all countries on vehicle energy saving and environment-friendly performance, a wave of vehicle lightweight has been staged around the globe. In terms of automotive materials, aluminum alloy, by virtue of its low density, corrosion resistance, high strength and other advantages, has become the first choice to replace traditional iron and steel materials. At present, among numerous automotive aluminum alloy products, aluminum alloy automotive sheet has emerged as an investment hotspot for global aluminum processing enterprises because of its huge growth potentials, and China with an enormous automobile market has turned into a hot investment area.

 

Aluminum alloy automotive sheet industry started late in China, plus being impeded by high-tech and capital barriers, the domestic capacity grows slowly. Over the same period, with the accelerated upgrading of automotive product structure as well as the rising proportion of medium- and high-end cars, the demand for aluminum alloy automotive sheets has embraced a significant increase and the market supply tends to be increasingly tight.

 

Currently, aluminum alloy automotive sheet products used in China’s automotive industry chiefly rely on imports; sheet materials used in Japanese cars are primarily imported from Japan; while for American and German cars, European and American companies like ALCOA, Norsk Hydro and Novelis act as the suppliers. Chinese aluminum alloy automotive sheet manufacturers, due to small yield, unstable quality, etc., are incapble of providing large-scale joint ventures with plate materials, but they serve local carmakers.

 

This report not only sheds light on current development of global and China automotive aluminum alloy sheet industries, but also highlights the aluminum alloy automotive sheet business of eight foreign companies, i.e., ALCOA, Norsk Hydro, Aleris, Novelis, Kobe Steel, Constellium, Sumitomo Light Metal and Furukawa-sky as well as five Chinese peers e.g. Southwest Aluminum (Group) Co., Ltd, Weifang Sanyuan Aluminium Industry Co., Ltd, Northeast Light Alloy Co., Ltd..

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Via Paul Thomen