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In 2019, my country's aluminum foil production reached 4 million tons, and domestic consumption was 2.75 million tons, accounting for nearly 60% of the global aluminum foil production. However, the capacity utilization rate of my country's aluminum foil industry has been declining, from 85% in 2006 to 2019. 66.7% of the total, the industry’s overcapacity is relatively serious. The bargaining power of aluminum foil for upstream and downstream is not high. In addition to the lack of competitiveness in the high-end product field, most companies focus on low-end products, resulting in declining profits in the industry. Both the market and policies drive the aluminum foil industry to develop into more technically demanding industrial profiles. .
At the same time, with the state's subsidies for new energy vehicles, the battery foil field has gradually become an important business expansion point for the aluminum foil industry. Lithium battery aluminum foil is technically difficult and has high added value, so its processing fees and gross profit margin are much higher than traditional aluminum foil. Battery companies, especially foreign-funded battery factories, have a longer certification period for battery aluminum foil, generally more than three years. However, once the certification enters the company's supply chain system, a relatively stable cooperative relationship will often be formed. Therefore, new entrants are faced with certification barriers, and it is difficult to shake the industry position of dominant companies that preferentially enter the supply chain. Therefore, market barriers are high and the competitive landscape is better. The current leading company in the field of battery foil is HTMM New Materials. In 2019, its battery foil production capacity accounted for 49%. However, domestic aluminum processing enterprises have also been expanding their production capacity in recent years, and the future market competition pattern is still very uncertain.
Aluminum Foil 20 Micron Food Grade Large Household 20 micron aluminum foil is also a commonly used packaging material for aluminum foil and food
