Aluminium is a silvery-white, soft, non-magnetic, and ductile metal. Aluminum is a choice metal as it’s durable, reliable, and lightweight. When combined with metallurgical grade silicon, the positive properties of aluminum are further enhanced, producing a highly efficient alloy.
Electric vehicles are positioned to take advantage of these highly efficient aluminum alloys, as their body, engines, wheels, and screws are all able to be produced using such materials. The rapidly rising demand for electric vehicles has positively impacted the market strength of related industries, such as aluminum and silicon metal.
As economies move further towards global electrification, the demand for such alloys will continue to rise because of their proven consistency and durability.
The Different Industry Markets for Aluminum
Strong, lightweight and infinitely recyclable, aluminum is a vital material that keeps the modern world moving.
The car you drive to work most likely has an aluminum hood and other lightweight parts to drive fuel efficiency. Aluminum builds a better vehicle.
Aluminum’s use in automobiles and commercial vehicles is accelerating because it offers the fastest, safest, most environmentally friendly and cost-effective way to increase performance, boost fuel economy, and reduce emissions.
Aluminum can provide insulation and allows daylight and fresh air into buildings. Strengthened alloys can support large glass structures and solar panels.
Today, aluminum is recognized as one of the most energy-efficient and sustainable construction materials. Corrosion-resistant aluminum bridge decks require no painting, minimal maintenance, and, unlike concrete, require no extension framework or cure time.
Alluminum has significant cost and weight advantages over copper and is now the preferred material for electricity transmission and distribution uses and home appliances.
Aluminum has also been adapted for use as rigid electrical conduit. Unlike steel conduit, rigid aluminum does not spark, resists corrosion, and will not rust. These properties of aluminum are vitally important for electrical applications within coal mines, grain elevators, and refineries.