The Latest Aluminum Profile Price in the Market in 2022 Analysis-Aluminum Profiles Supplier
Author： WJW Aluminum Window Manufacturers
Analysis of the latest aluminum profile price in the market.
WJW Aluminum Supplier Analysis: The latest market trend of aluminum profile prices depends on several factors.
First of all, it should be seen that the global aluminum market is mainly promoted by China's GDP growth and the rapid development of manufacturing. This growth is due to the increase in China's infrastructure and residential investment.
Secondly, the demand for aluminum profiles is promoted by China's rapid urbanization.
Aluminum profiles and profile products are widely used in the automotive industry. These parts are widely used in vehicle assembly, luggage racks, pedal parts and connectors. The Chinese automobile market is the world's largest automotive market. The government is expected to increase automobile output to 35 million by 2025.
In 2019, the number of new vehicles was 15.5 million, of which 5.7 million were SUV categories. With this growth, the global aluminum profile and accessories markets will continue to grow. Squeezing aluminum profiles is becoming more and more popular in various industrial fields. The anode oxidation process produces a uniform layer of aluminum oxide layer, so that the aluminum material is durable and not fade after a long time. It is also used in the manufacture of electric vehicles because its weight and light weight can reduce the self -weight of the vehicle. This process can be repeatedly used without losing its integrity. As more and more people are aware of the benefits of the environment for aluminum squeezing, the demand for aluminum squeezes is rising.
Despite the increase in production, aluminum prices are still high. It is predicted that aluminum prices will reach $ 2,083/t in 2021. By 2026, it is expected to reach $ 2,326/ton. According to data from Australia's Innovation and Science Company, it will rise to $ 2,165/ton by 2025. This is the highest growth forecast of all three organizations.
However, the forecast of the International Monetary Fund may be based on different standards. Moreover, the price of aluminum profiles is largely determined by the price of aluminum. The highest income share in the global aluminum squeezing market is recorded by the finished product. This part is dominated by the construction and construction part. The growth of this final purpose is due to the increase in construction activities. You can also find aluminum profiles of various shapes and sizes. As long as the price of aluminum is low, the price trend of aluminum profile products may continue to rise.
