Transparency Market, a transparent market research organization, recently released a report saying that in 2013, the global aluminum alloy market revenue was 91.23 billion U.S. dollars (approximately RMB 561.05 billion), and this figure is expected to reach 126.5 billion U.S. dollars (approximately RMB 778 billion) by 2020 ), the compound annual growth rate during the period was 4.8%.

In 2013, the transportation industry was a large end-user market for aluminum alloys, accounting for more than 40% of total demand. In particular, the demand for aluminum alloys in automobiles, aviation, and shipping grew rapidly.

By 2020, the transportation industry will still be the fast-growing market in the aluminum alloy segment. With the acceleration of industrialization, the demand for aluminum alloy in the future automobile market, especially energy-saving automobiles, will continue to increase. In addition, the demand for lightweight and high-strength aluminum alloy materials in the aviation industry will continue to grow.

From the perspective of the regional market, the Asia-Pacific region will dominate the global aluminum alloy market. In 2013, aluminum alloy shipments in the Asia-Pacific region accounted for more than 60% of the world's total. The growth in demand for aluminum alloys in the transportation and construction industries will continue to promote the development of the aluminum alloy industry in the region in the next six years. At the same time, the Asia-Pacific region will also be one of the regional markets with fast growth in the aluminum alloy market, especially India and China have obvious demand for this material. Secondly, with the steady economic recovery in developed regions such as Europe and the United States, the demand for aluminum alloy will also gradually increase.

From the perspective of production companies, United Aluminum, Alcoa, China Aluminum, Hydro and Dubai Aluminum will become the world's major aluminum alloy suppliers.