As a result, 2010 brought a noticeable recovery for the German aluminium industry overall. Domestic demand stabilised, foreign demand also firmed up. The aluminium boom is primarily based on the recovery in the automotive and mechanical engineering sectors. Here order levels improved significantly since the all-time low in early 2009. The boom in the solar industry also contributed to an improvement in the utilisation of industry capacities.
There are many reasons why our industry rapidly emerged from the crisis and even increased its competitiveness in the global market. Our companies are characterised by a high degree of flexibility and creativity – qualities which were an asset in the difficult economic situation. The most important quality of our industry, however, is its high innovative potential. For many years – with the exception of 2009 – the aluminium industry has been set on a course of sound growth. Its dynamic development is closely connected to the innovative power present especially in medium-sized companies, and to the favourable qualities of the material.
Aluminium has firmly established its position in a large number of application markets. Whether in the transportation sector as the most important market, in mechanical engineering, in electronics or in packaging: again and again, the aluminium companies drove technological development further and opened up new applications and fields of usage for this lightweight material. As a result, prognoses for aluminium remain optimistic, and the German aluminium industry starts into the new decade with confidence. Aluminium consumption worldwide will continue to increase over the next 10 to 15 years. The growing demand from Asian markets as well as the major application markets automotive, mechanical engineering, construction, packaging or solar will help the lightweight material to achieve continuous growth.
Managing Director of Gesamtverband der Aluminiumindustrie e.V. (GDA)