Aluminum foil industry due to environmental protection and energy development space is huge
Europe's first nine months of total output of aluminum foil fell by nearly 4%
According to the European Aluminum Association (EAFA) published data show that the first 9 months of total output of aluminum fell by nearly 4% to 609,000 tons. The use of thin aluminum foil, which is mainly used for flexible packaging and home foils, fell by 7%, while the use of thick aluminum foil fell by 1%. Exports outside the EAFA region grew by nearly 5%.
Stefan Glimm, executive director of the European Aluminum Foil Association, remains a prudent attitude towards 2011: "Especially in the third quarter, we can see a more cautious attitude towards de-stocking and for the entire industry chain."
"Aluminum foil has a bright future because aluminum foil has an irreplaceable advantage as a recyclable packaging material, and through its excellent barrier properties, it plays a vital role in preserving food," he said.
Aluminum foil can also be used in the manufacture of automotive and heat exchange components, as well as insulating materials and many industrial applications.
China's aluminum foil industry development space is huge
In the downstream consumption of aluminum foil in China, air conditioning with aluminum foil accounted for the largest proportion, 48% for air conditioning and other heat transfer products, in addition to 17% used in the packaging field, 16% used in the electronics industry, other applications include construction, decoration And so about 19%.
At present, China's per capita consumption of aluminum foil was significantly lower than the developed countries in Europe and America. According to the European Aluminum Foil Association (EAFA) data in 2007, China's per capita consumption of aluminum foil is only 0.6 kg, well below the EU's 1.7 kg and the United States and Canada's 2.4 kg, on average, Europe and the United States per capita consumption of aluminum foil is China Of 3.4 times, so China's aluminum foil industry development prospects are very bright.