Research and Markets: 2008 Report on China's High-Purity Aluminum (HPA) Industry - Order Now

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/47df26/2008_report_on_chi) has announced the addition of the "2008 Report on China's High-Purity Aluminum (HPA) Industry" report to their offering. High-purity aluminum (HPA), refers to the metal with its aluminum content beyond 99.999% (5N), and can be used for the manufacturing of aircrafts and tanks, aluminum ceramics, high-grade aluminum foil, high-class decorative materials, compound plates for car radiators, and baffle boards. Compared to traditional primarily-processed aluminum ingots, HPA is much more useful and is able to deliver huge value-added and great profit rooms. But with its small production capacity of HPA, China is unable to meet the demand in the home market. Specifically, the annual production capacity of HPA in China is only 50,000 tons, about 12,000 tons behind the demand. Since the demand for HPA by industries of electric household appliances, PCs, semiconductors, and others would keep growing rapidly in the next few years in China, HPA would still be undersupplied, and there would be great opportunities in the country's aluminum market. The major HPA producers in China include Guanlv (Shanxi Province), Joinworld (Xinjiang Province), HEC Group (Shenzhen, Guangdong Province), and Guizhou Aluminum Plant, among which Joinworld accounts for about 80% of Chinas HPA market, and 20% of the worlds. By the end of 2008, there will be eight companies able to produce HPA, with their combined annual production capacity of 57,000 tons. And by 2012, the similar number would be 11, with the total annual production capacity of 125,000 tons.