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Aluminum Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aluminum Manufacturing Market Research Report | NAICS 33131 | Jun 2016

Shined up: Continue globalizing and rising demand from automakers will drive demand

IBISWorld’s Aluminum Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$34bn
Annual Growth 11-16
-3.7%
Annual Growth 16-21
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Profit
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Employment
52,732
Businesses
388
Industry Analysis & Industry Trends

The Aluminum Manufacturing industry has endured significant volatility over the past five years due to fluctuations in aluminum prices, which reflect global supply and demand trends. In the coming years, the industry is expected to continue globalizing as both domestic and foreign manufacturing markets gain strength. In particular, rising demand from automotive manufacturers will be a key driver of industry growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Aluminum Manufacturing industry is in the mature stage of its life cycle. Over the 10 years to 2021, the industry's value added (IVA), or its contribution to the overall economy, is projected to increase at an annualized rate of 0.9%. Over the same period, GDP is forecast to grow an annualized 2.2%. IVA growth is estimated to underperform GDP growth over the period, but this is due to the industry's poor performance during the past two years due to cyclical demand determinants and sharp declines in global aluminum prices. These trends are likely to begin reversing in 2017, with IVA growing relatively in line with the overall economy during the latter half of the 10-year period.

Industry consolidation is indicative of the industry's maturity... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Aluminum Manufacturing Industry?

Companies in this industry refine aluminum-bearing bauxite into alumina, smelt alumina to produce aluminum and manufacture aluminum products, such as alloys, plate, sheet, foil and extrusions. The industry also includes companies that recover aluminum from scrap.

Industry Products
AluminaPrimary aluminumSecondary aluminumAluminum sheet and stripAluminum plateAluminum foilAluminum extrusionsOther aluminum products
 
Industry Activities
Refining bauxite into aluminaSmelting alumina to produce aluminumRecovering aluminum from scrap (secondary smelting)Flat rolling or continuous casting aluminum sheet, plate, foil and welded tubeManufacturing aluminum alloys, powders, pastes and flakeRolling, drawing or extruding aluminum shapes


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