Aluminum sheet processing in 2021
Over the past year and a half the aluminum sheet market has been affected by COVID-19. In particular, the pandemic has affected the global economy in two main ways: by directly affecting production and demand, by creating disruptions in the supply chain through its financial impact on businesses and markets.
Aluminum sheet processing: What is going to happen?
Despite the particular period, according to the Global Aluminum Sheet Market, the sector of aluminum sheets processing will resume at full speed in the coming months and will have a growth between 2021 and 2027. The report states that the markets in which demand will grow the most will be: automotive – especially bodywork -, aerospace – mainly wings -, construction – above all for the roofs of buildings -. However, there will also be further growth in the electrical field. In addition, according to the Global Aluminum Sheet Market, the aluminum sheet market will increase more in the Asia-Pacific region which will be the protagonist of constant and continuous growth for the next few years, followed by Europe, which will still play an important role, and the North America, which could greatly influence sheets processing sector. Finally, South America, the Middle East and Africa will witness relatively lower growth rates over the short to medium term.
Italian aluminum sheet market
The Italian market was also affected by the global pandemic that hit all sectors between 2020 and 2021. Despite this, in the aluminum sheets sector, many companies have tried to continue to supply their customers in order not to breach the commitments made previously. Laminazione Sottile, a company that has been operating in the aluminum sector for almost 100 years, has also worked over the last few months without ever stopping its production. The company has supplied and continues to supply plates, sheets and coils for different sectors in a diverse range of alloys and sizes.