IAI: Aluminum demand is expected to increase by about 80% by 2050. Secondary aluminum can meet half of the demand

According to data released by the International Aluminum Institute (IAI) in London, the amount of old aluminum scrap reached a record 20 million tons in 2019, accounting for about 60% of the total amount of aluminum scrap that year, which means that 300 million tons of greenhouse gas emissions will be reduced as a result.

Old scrap aluminum mainly comes from three major industries, namely packaging, automobiles and construction.

It is estimated that aluminum demand will increase by about 80% by 2050. IAI predicts that recycled aluminum can meet half of the demand. At the same time, considering the current vigorous recycling of waste beverage cans and the continuous improvement of aluminum foil recycling technology, it is predicted that this ratio may be even higher.

Post time: Jun-04-2021