Automotive Aluminum Rolled Products to See Explosive Growth in China

SHANGHAI, Jun. 6 (SMM) –China’s growing need for lighter car body to save energy and reduce emissions will greatly benefit aluminum alloy and magnesium alloy processing industry. 

According to the Made-in-China 2025 Plan, vehicle weight will be reduced by 5%-20% on average by 2020 through use of high-strength steel, Al-Mg alloy, among other composite materials, on automobiles.  

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Aluminum alloy and magnesium alloy are considered the most ideal materials for lighter car body at present. 

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China’s demand for automotive aluminum rolled products looks set to reach 544,000 tonnes by 2020, up 562.5% from a mere 82,000 tonnes in 2016, registering a CAGR of over 60%. 
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