The growth of the domestic aluminum veneer market in 2025 is driven by the combined effects of policy guidance, expanding demand, technological innovation, and industrial chain upgrades, as detailed below:

1. Continuous release of policy dividends
The mandatory implementation of the "dual carbon" strategy and green building evaluation standards has made aluminum veneers—with a recyclability rate exceeding 95%—the preferred alternative to traditional stone and glass. Local subsidies for ultra-low energy consumption buildings have also created an incremental market worth 6 billion RMB. Meanwhile, environmental policies have forced the industry to upgrade, significantly increasing the use of recycled aluminum and water-based coatings, which has further expanded market space.

2. Expanding downstream demand across multiple sectors
The urbanization rate surpassing 68% has driven the construction of numerous public buildings and transportation hubs. High-speed rail stations alone use an average of over 2 million square meters of aluminum veneer annually, and newly built stations in 2025 are expected to boost demand by an additional 30%. Furthermore, applications have extended into new energy fields such as photovoltaic (PV) frames and wind turbine nacelles. The compound annual growth rate of aluminum veneer for PV frames reached 47%, creating diversified demand that fuels market growth.

3. Technological innovation enhancing product competitiveness
The penetration rate of BIPV (Building-Integrated Photovoltaic) aluminum veneers rose to 18% in 2025, with such power-generating composite products commanding significant premium pricing. Patent applications for antibacterial coatings, self-cleaning technologies, and other innovations increased by 37% annually, catering to special scenarios such as healthcare facilities and laboratories. Meanwhile, the adoption of 3D printing and AI quality inspection has enabled both complex shape processing and consistent product quality, expanding application scenarios.

4. Optimization of the industrial chain and production system
Leading enterprises have improved production efficiency by more than 25% through intelligent upgrades. Companies in Shandong, Guangdong, and other regions have developed vertically integrated or digital supply chain models, reducing raw material and logistics costs. The industry’s concentration has also increased, with the top 10 enterprises (CR10) holding a 52.6% market share. Large-scale production and optimized regional supply networks have further supported stable market growth