With the continuous growth in demand for environmentally friendly materials, aluminum plates have been subject to increasing market demand due to their advantages such as lightness, durability and recyclability. According to data from China Report Hall, the global aluminum plate market size reached 38.226 billion yuan in 2023, and is expected to grow at a compound annual growth rate of 5.5% by 2029, and is expected to reach 52.655 billion yuan.

In the international market, the construction industry is an important pillar of aluminum plate demand. The accelerated urbanization process has prompted a large number of infrastructure construction projects to be launched. Due to its lightweight characteristics, aluminum plates can not only reduce the overall weight of buildings, but also have excellent design flexibility. They are increasingly used in building facades, roofs and interior decoration. At the same time, the recyclability of aluminum plates is in line with modern buildings' pursuit of environmental protection and sustainable development, further promoting the growth of their demand in the construction field.

The rise of emerging industries such as new energy vehicles has also injected strong momentum into the aluminum plate market. Take the Chinese company Chalco High-end as an example. Its independently developed 6B05 automotive aluminum plate has not only passed the certification of many domestic automobile OEMs, but also won the European patent authorization. This aluminum plate has achieved a technical transformation from "imitation and following" to "forward design", with a reduced strain rate sensitivity coefficient and pedestrian protection performance that ranks among the best in the world; at the industrial level, it has built an "material + automobile + circular economy" ecological chain to help the automotive industry achieve carbon neutrality; at the regulatory level, it has broken the monopoly of Europe and the United States and promoted China's automotive material standards to the international level. Nanshan Aluminum also performed well. Its aluminum plates are used in key parts of large aircraft. It has also become the first domestic passenger car four-door two-cover aluminum plate manufacturer, and has established in-depth cooperation with many well-known domestic and foreign auto companies.

As the world's largest aluminum consumer and aluminum processing power, China has significant advantages in aluminum plate exports. Domestic aluminum plate manufacturers have continuously increased their R&D investment and promoted technological innovation, greatly improving product quality and performance, and increasing their competitiveness in the international market. Chinese companies are actively expanding overseas markets, and their products are exported to many countries and regions around the world. According to data from the United States Geological Survey, China is one of the main exporters of 525,000 tons of aluminum rolled products imported by the United States in the first half of 2023.

In terms of trade policy, despite challenges such as anti-dumping investigations initiated by individual countries, overall, the demand for aluminum products such as aluminum plates in most countries remains strong. With the deepening of the "Belt and Road" initiative, China's trade with countries along the route has become closer, creating more opportunities for aluminum plate exports. Many countries along the route have strong demand for infrastructure construction, and the demand for building materials such as aluminum plates continues to grow. Chinese aluminum plate companies are expected to take advantage of this opportunity to further expand their export scale.

From the perspective of market size forecast, according to QYResearch statistics and forecasts, the global aluminum plate curtain wall facade market sales are expected to increase from US$6.08 billion to US$7.271 billion from 2024 to 2031, with a compound annual growth rate of 2.6%. This growth trend indicates that aluminum plates will be more widely used in the international market, and China's aluminum plate exports will also usher in a broader market space. With the continuous efforts of domestic enterprises in technological innovation, product quality improvement and market expansion, China's aluminum plate market share in the international market is expected to further expand and play a more important role in the development of the global aluminum plate industry.