SMM Exclusive: What Opportunities Are Left In The Chinese Aluminium Extrusion Market? — A Case Study On Anti-Collision Beams

Due to the need for environmental protection and energy conservation, lightweighting is a major trend in the modern automotive development and transition. The use of aluminium alloy components can effectively reduce the overall weight of vehicles, lower their center of gravity, and help the main automobile manufacturers achieve their lightweighting goals.

SMM research focuses on 26 major automotive manufacturers with significant market share and influence. The study analyzed 279 target vehicle models and concluded that at least one model using aluminium anti-collision beams is present in the top five selling models of 23 out of the 26 manufacturers. The lightweighting of automobiles has become a prevailing trend in the Chinese automotive industry.

Proportion of aluminium anti-collision beams used in top five models

Currently, major automotive manufacturers are gradually increasing their use of aluminium in vehicles to reduce weight, improve performance, reduce fuel consumption, lower exhaust emissions, and contribute to environmental protection efforts. Therefore, as the demand for new energy vehicles continues to rise in the future, aluminium automotive components, including aluminium anti-collision beams, will become a major area of demand growth, indicating significant market potential.

Looking at the usage of aluminium anti-collision beams in 2022, there was an increase of nearly 8% compared to 2021, showing that the demand for aluminium anti-collision beams in the wave of lightweighting remains substantial, with good growth potential in the future.

Usage of aluminium anti-collision beams by major automotive manufacturers

According to sample data, 4 major automotive manufacturers used more than 4,000 mt of aluminium anti-collision beams in 2022. Among the 26 sampled manufacturers, at least one model in the top five selling models of 23 manufacturers used aluminium anti-collision beams, while only 3 manufacturers' top five selling models did not use aluminium anti-collision beams, indicating that the trend of lightweighting in China is well-established.

Currently, a relatively clear supply chain exists in the anti-collision beam market, starting from second-tier suppliers and extending to top-tier suppliers up to the main automotive manufacturers. Among the top-tiersuppliers, Lingyun, as the leading enterprise, supplies aluminium anti-collision beams to 16 major automotive manufacturers. Among the second-tier suppliers, Yousheng and others have entered the new energy vehicle supplier system, capable of directly supplying as top-tier suppliers.

Apart from the market and industry information summary, SMM also focuses on research and analysis related to major players' raw materials, customers, supplied vehicle models, selling prices, list prices, and customer cooperation information, to gain a more comprehensive understanding of the anti-collision beam market.

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