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DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/61b695/aluminum_industry)
has announced the addition of the "Aluminum
Industry in China" report to their offering.
The aluminum industry in China expanded by 66.8% last year, making China
the largest single producer and consumer of aluminum in the world. It is
expected that China will produce about 17 million tons this year, a hike
of 20 percent from the previous year. But that record comes at a steep
price. Aluminum production not only consumes about 8% of all electric
power in China, but is also responsible for large amounts of carbon
dioxide (CO2) emissions. And the electricity needed to power the
industry has a multiplier effect on pollution problems because 70% of
China's electricity comes from coal, a major contributor of CO2
emissions.
Aluminum is used in a wide range of markets such as aerospace,
automotive, construction, electrical and packaging. Additionally,
industry players are able to offer additional services such as
fabricated products like alloys made from aluminum. This means that
industry players are less reliant on revenues from one specific market,
which weakens buyer power somewhat.
Major players in the Chinese market include Aluminum Corporation of
China (Chalco), Qingtongxia Aluminum Plant, Yichuan Yugang Longquan
Aluminum Co and Yunnan Aluminum Plant. Xinjiang is becoming the new
primary aluminum production base. Rivalry within the aluminum industry
has increased further during the economic downturn. In 2011, the price
of aluminum rose. An increase in usage in China coincided with an
improvement in the US automobile and aerospace industries, causing an
increase in demand for aluminum, meaning competition between industry
players decreased somewhat.
Key Topics Covered:
1. Executive Summary
2. Industry Definition
3. Global Mining Industry
4. China Aluminum Industry
5. Competition in the Industry
6. Major Industry Players
7. Industry Forecast
8. Glossary
Companies Mentioned:
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Aluminum Corporation of China Limited
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Guangdong Dongyangguang Aluminum Co. Ltd
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Jiaozuo Wanfang Aluminum Manufacturing
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Qingtongxia Aluminum Plant
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YiChuan Yugang Longquan Aluminum Company
For more information visit http://www.researchandmarkets.com/research/61b695/aluminum_industry