At present, more and more automotive bodies use aluminum materials, which will become the "changers of the game rules" in the downstream aluminum applications. In the current decade, the demand for automotive aluminum will grow at a higher rate than any other end market. Environmental demand forced the car to "reduce its burden" At present, the U.S. and European markets have adopted policies that force automakers to reduce fuel consumption and carbon emissions. Among them, the US CAFE (Corporate Average Fuel Economy) Regulations mandate that the average fuel consumption of light vehicles sold by vehicle companies must not exceed the specified annual limit, and that the average fuel consumption should increase by 35.5 kilometers per gallon in 2016 and increase by 2025. The value is 54.5 kilometers per gallon. Although the European Union has not made any statutory regulations on the fuel economy of automobiles, it also encourages consumers to purchase fuel-efficient cars by imposing heavier fuel tax. Under normal circumstances, the body weight consumes about 70% of the fuel, so the first issue to reduce the car's fuel consumption is to make the car lightweight. Due to its characteristics of light weight, wear resistance, corrosion resistance, good elasticity, excellent impact resistance, good processability, and high reproducibility, aluminum, which is called "light metal," has become the preferred material for lightweighting automobiles. Because of its advantages of energy saving, low consumption, safety and comfort, and relative load capacity, it has been favored. Analysts said that taking into account the future car manufacturers will be committed to meet the CAFE standards, as well as reduce the user's concerns about fuel consumption costs, increase the body's aluminum ratio is to increase the application of aluminum in the car is expected to become the future direction of automotive materials. The Goldman Sachs report pointed out that the US CAFE standard requires that the carbon emissions of automobiles be reduced by 50% by 2025, which will drive auto OEMs to find alternative materials for the production of light vehicles, thereby promoting significant growth in the automotive aluminum panel market. Goldman Sachs predicts that during the 2013-2016 period, the compound annual growth rate of the aluminum plate market in North America will exceed 50%. Demand for automotive aluminum is expected to rise significantly At present, the use of aluminum metal in automobiles is increasing year by year, and more and more automobiles have begun to use aluminum bodies partially or entirely. At the recent Detroit auto show, Ford released 2015 F-150 models, 97% of the body of aluminum materials, compared with the previous paragraph of the steel body models to reduce weight 320 kg, fuel efficiency increased by 30%. The F-150 has been Ford's classic pickup and has topped America's top ten best-selling cars for many years. Last year, the model sold more than 763,000 vehicles, accounting for 40% of the pickup market. The introduction of the aluminum body F-150 is the first time that aluminum has been used for the majority of bodywork for the manufacture of full-size pickup trucks. Goldman Sachs believes that the use of aluminum in Ford's new F-150 body is just the “tip of the iceberg†in the industry, and it is expected that the major automotive OEMs will shift to some or all of the aluminum bodies in the coming years. The Tesla ModelS, which is currently hot on the market, uses an all-aluminum body, and most of the front and rear suspensions are made of aluminum, which reduces the weight and solves the problem of battery life. In addition, Land Rover Range Rover, Volkswagen Audi A8, Mercedes-Benz CLA, General Motors Chevrolet Corvette and other body parts are also all part or all of aluminum. Alcoa expects that the number of aluminum panels used by carmakers in North America by 2015 will triple, and will increase by 9 times by 2025. Alcoa’s CEO stated that 2014 will be the “significant growth start†for aluminum demand in the automotive industry. The industry research organization report predicts that the annual compound annual growth rate of the global aluminum market in 2014-2018 will reach 5.9%, and an important factor supporting growth is the significant increase in demand for aluminum applications in the automotive industry. In 2012, the capacity of the aluminum plate market in the United States was less than 90,000 tons, and it is expected to reach 450,000 tons by 2014, 1.44 million tons by 2020, and 2.88 million tons by 2025. Shrink Bands For Jars,Heat Shrink Sleeves For Jars,Shrink Wrap Sleeves For Jars,Shrink Wrap For Jar Jids Shenzhen Lehua Packaging Materials Co., Ltd , https://www.shenzhenlehua.com