1. What is 3004 Aluminum Alloy Coil?

3004 Aluminum Alloy Coil is a type of aluminum alloy typically used for manufacturing various products. It is an alloy derived from the 3000 series family of aluminum, combined with magnesium, manganese, and trace amounts of other elements such as silicon, iron, and copper.

2. Features of 3004 Aluminum Alloy Coil

• Excellent corrosion resistance

• High formability and workability

• Good weldability

• Moderate strength

• Weather-resistant properties

3. Applications of 3004 Aluminum Alloy Coil

3004 Aluminum Alloy Coil has a wide range of applications, including:

• Automobile parts and components

• Construction materials

• Electronic housing and enclosures

• Food packaging

• HVAC systems and components

• Lighting components

4. Market Demand for 3004 Aluminum Alloy Coil

The market demand for 3004 Aluminum Alloy Coil has been increasing, primarily due to its unique properties and versatile applications. It is expected to grow at a CAGR (Compound Annual Growth Rate) of approximately 6% during the 2021-2026 period.

5. Market Share of the 3004 Aluminum Alloy Coil

The market share of the 3004 Aluminum Alloy Coil within the broader aluminum industry is around 8%-10% globally. It is poised to increase further due to its enhanced popularity and demand across various industries.

6. Price Trends of 3004 Aluminum Alloy Coil

Prices for the 3004 Aluminum Alloy Coil have been experiencing fluctuations due to various factors such as raw material costs, demand-supply dynamics, and changes in global economic conditions. In recent years, major producers have been adopting strategies to stabilize prices and ensure a consistent supply.

7. Suppliers of 3004 Aluminum Alloy Coil

Key global suppliers of 3004 Aluminum Alloy Coil include:

• Alcoa

• Novelis

• Norsk Hydro

• Rusal

• Constellium

• Hindalco Industries

8. Conclusion

In conclusion, the 3004 Aluminum Alloy Coil industry is experiencing growth in demand, market share, and applications across various sectors. Key suppliers and manufacturers are working towards maintaining a stable supply and competitive landscape.