Aluminum Smelting in China - Industry Market Research Report

Aluminum Smelting in China - Industry Market Research Report

Aluminum Smelting in China

Revenue for the Aluminum Smelting industry in China is expected to increase at an annualized 2.6% over the five years through 2022, to $121.9 billion. In 2021, China produced about 38.9 million tons of primary aluminum and consumed about 40.5 million tons, up 4.3% and 5.7% year on year, accounting for about 57.4% and 58.6% of global production and consumption, respectively. As a basic metal, aluminum has a variety of applications in a range of industries. Downstream markets for aluminum include the Building Construction (IBISWorld industry report 4710), Automobile Manufacturing (3721), Power Grid Construction (4725) and packaging material industries. These downstream industries have been supported by China's booming economy and rising urbanization, boosting demand for aluminum.

Companies in the Aluminum Smelting industry in China refine aluminum through the smelting, electrolysis, and repeal casting of bauxite and alumina. Industry firms also smelt recycled aluminum. Aluminum product manufacturing, such as for aluminum packaging, aluminum doors and windows, spare parts and similar items is not included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.