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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 | Oct 2015

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

IBISWorld’s Aluminum Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$42bn
Annual Growth 10-15
3.0%
Annual Growth 15-20
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Profit
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Employment
59,532
Businesses
411
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 2020, the industry's value added (IVA), or its contribution to the overall economy, is projected to increase at an annualized rate of 3.0%. Over the same period, GDP is forecast to grow an annualized 2.2%. IVA growth is estimated to surpass GDP growth over the period, but this is due to the industry's poor performance during the recession relative to the overall economy. The industry's profit margins and wages dramatically contracted and remained low in 2010, raising the 10-year growth rate due to extremely low IVA in the base year.

Industry consolidation is indicative of the industry's maturity. Over the 10 years to 2020, the number of companies is anticipated to stagnate... 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, plate and 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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