aluminium expo
03-05 July 2024
Shanghai New International Expo Center

aluminium show |The Impact of New Energy Development on the Demand Pattern for Aluminum

Aluminum is primarily used in the photovoltaic (PV) industry for manufacturing PV frames and PV supports. The PV frame is a crucial component of a PV module, serving mainly to protect the glass edges, enhance the module's seal and mechanical strength, and facilitate assembly and transportation. Due to the advantages of aluminum alloys, such as high strength, robustness, good conductivity, corrosion resistance, oxidation resistance, and recyclability, aluminum frames have been the mainstream choice for PV frames, with a market penetration rate exceeding 95%. It is expected that aluminum frames will continue to dominate in the 2023-2025 period.

PV supports are used in PV power systems to place, install, and secure PV panels. Aluminum alloy supports, being more expensive and having limited load-bearing capacity, are generally used in distributed PV power stations but not in centralized PV stations.

According to data from aluminium show, the aluminum consumption for 1 GW of PV installation capacity is estimated at 19,000 tons. It's projected that China's aluminum consumption for new PV installations will increase from 1.66 million tons in 2022 to 4.37 million tons in 2025, while the global consumption for new PV installations will rise from 4.37 million tons in 2022 to 8.93 million tons in 2025, with annual growth rates of 38.1% and 26.9%, respectively.

In the new energy vehicle sector, aluminum is mainly used for bodies, engine casings, bases, wheels, and other components. Compared to traditional fuel vehicles, new energy vehicles consume more aluminum, and its use extends to charging pile guideways and cables. Aluminum alloy's corrosion resistance and ductility, along with its density of only 2.68g/cm³ (about 30% of the density of steel materials), means that using aluminum alloy in place of steel can effectively reduce the weight of vehicles.