Strong demand in the aviation sector stimulates aluminum alloy consumption

The development trend in the aerospace field shows that aircraft demand is strong in the short term, and this sign will stimulate demand for aluminum alloys in the long term.

In the next 20 years, the global passenger and cargo plane and the number of passengers per year will double. According to Deloitte data, the average annual growth rate of passenger and cargo traffic in the next 20 years was 4.6% and 4.4%, respectively, which led to an increase in aircraft production. Improving fuel combustion efficiency, low maintenance costs, noise reduction, and tail gas emissions all drive aircraft manufacturers to optimize design solutions and produce a new generation of aircraft.

At the end of the third quarter of 2015, the combined orders of Airbus and Boeing’s two aircraft companies reached 12,400 aircraft.

According to ALFED, the representative of British Aluminum Industry Trade Association, the construction speed of narrow-body aircraft and long-range aircraft will continue to increase. In the long term, the demand for aluminum in aviation will continue to grow, and aluminum will usher in a bright future in aviation. Just as aluminum is used in the automotive industry, it will also play an important role in aircraft manufacturing in the future.

Advanced aluminum alloy technology, including the latest aluminum-lithium products, will help designers achieve low density, high strength, and corrosion resistance.