Aluminum is a light metal with good conductivity, thermal conductivity and corrosion resistance. At the same time, the machinability of aluminum alloy is better than that of traditional metal materials.
The aluminum market is evaluated at USD 108. 14 billion in 2020 and is projected to register a CAGR of over 5% during the forecast period (2021-2026). Aluminum is used in a huge variety of products, including cans, high-rise buildings, foils, kitchen utensils, window frames, beer kegs, automotive, and airplane parts.