The future of aluminium foil

The future of aluminium foil

In 2021, some domestic enterprises have plans to expand production lines, promote production projects and release production capacity, such as Huafeng Aluminum, Hongchuang Holdings, etc.; there are also enterprises planning to promote internal product structure optimization and promote internal industry chain combination, such as Aluminum Corporation of China, Zhongfu, etc.; there are also enterprises committed to improving the market and broadening users, such as Haomei Aluminum Co.

Aluminium foil takes the lead in China with industrial applications, accounting for more than 60%, while the application of aluminium foil in packaging and household areas in industrially developed countries accounts for more than 60%. China's per capita consumption of aluminium foil packaging will be 0.72kg in 2020, which is a large gap compared to Europe and North America's approximately 1.2kg and Japan's approximately 0.9kg, and there is still some room for growth in the application of aluminium foil in domestic packaging. The country is strongly supporting the industry's downstream power transmission and distribution, new energy power generation and new energy vehicle industries, and the aluminium foil market has a bright future