China's aluminum foil industry has continued to develop rapidly in recent years, with rapid growth in industrial scale, continuous improvement in equipment levels, increasing technological innovation, continuous improvement in product quality, highly active international trade, and the emergence of leading companies.
China's aluminum foil production not only ranks first in the world, but also the product quality and production efficiency of first-tier companies rank first in the world. China's aluminum hot-rolling, cold-rolling and foil-rolling production capacity accounts for more than 50% of the world's total, and its casting and rolling production capacity accounts for more than 70% of the world's total. China is the absolute largest producer of aluminum plates, strips and foils in the world.
From the perspective of the entire industry, the aluminum foil industry has low entry barriers and the country has preferential policies such as export tax rebates. Many companies continue to pour in, resulting in low market concentration and overcapacity. At present, only GNEE and other companies with more than 100,000 tons level are the only ones. To 10 homes. The CR10 in the industry is less than 30%, and the market is in an obviously competitive situation.