Industry Dynamics: Industrial Aluminum Profiles Surpass Construction Sector in Demand Share
In the first half of 2025, China’s aluminum profile industry showed a differentiated trend of “adjustment in traditional sectors and explosive growth in emerging tracks.” According to data from the China Nonferrous Metals Processing Industry Association, national aluminum profile output reached 21.55 milli
on tons in 2024, with industrial aluminum profiles accounting for 11.7 million tons (54% share), a year-on-year increase of 23.2%. In contrast, construction aluminum profile output declined 19.9% year-on-year to 9.85 million tons. This structural shift is primarily driven by robust demand from sectors like photovoltaics (PV) and new energy vehicles (NEVs).

Among submarkets, PV profiles led with 3.95 million tons (34% of industrial output), becoming the largest application segment. NEV profiles reached 1.4 million tons (12% share) with a year-on-year growth exceeding 40%. Leading enterprise Mingtai Aluminum (601677) reported in its 2025 H1 business update that aluminum sheet and foil sales hit 777,900 tons, with industrial materials revenue accounting for 58% of total, a record high.

Corporate Moves: Technological Upgrades and Capital Operations
Industry leaders are actively high-end markets. Haomei New Materials (002988) announced on July 11 the completion of a 5.5169 million share repurchase (1.2% of total share capital), signaling long-term confidence in NEV profile business. Asia Pacific Technology (002540) focuses on automotive lightweighting, with its integrated die-casting aluminum alloys validated by Tesla and BYD, driving a 65% year-on-year order surge.

Policy-wise, the “dual carbon” goals are accelerating green manufacturing. Giants like Chalco (601600) and Nanshan Aluminum (600219) are expanding recycled aluminum capacity. Current recycled aluminum upgrading technologies reduce waste aluminum recycling costs by 18%, while green power aluminum products command a 12-15% export premium, effectively offsetting EU’s CBAM impacts.

Outlook: Intelligentization and Emerging Scenarios Unlock Growth
Industry analysts highlight three key trends over the next five years:

Technological Iteration: Digital twin and AI optimization are deeply integrated into production. Companies like Mingtai Aluminum and Asia Pacific Technology have raised extrusion process yields to over 95%.
Application Expansion: Emerging scenarios such as humanoid robot structural components and eVTOL airframe materials enter commercial validation, with projected 2030 market size exceeding RMB 20 billion.
Global Competition: Chinese enterprises strengthen dominance in PV支架 and power battery casings, with 2024 industrial aluminum profile exports growing 27% year-on-year, capturing 38% of the global high-end market share.
Forward Industry Research Institute predicts China’s aluminum profile domestic demand will reach 29.21 million tons by 2030 (CAGR 5.2%), with NEVs and hydrogen storage sectors growing over 15% annually.