Industry Analysis & Industry Trends
Companies in the Aluminum Manufacturing industry refine aluminum-bearing bauxite into alumina, smelt alumina to produce aluminum and manufacture aluminum products, such as alloys, plate, sheet, foil and extrusions. In the five years to 2014, aluminum manufacturers will experience growth after suffering through the recession and experiencing low downstream demand from major industries. The revival in car and automobile manufacturing will particularly boost demand in the five years to 2019, as automakers use more aluminum in their process to make lighter and more fuel-efficient cars... purchase to read more
Industry Report - Industry Analysis Chapter
The Aluminum Manufacturing industry refines aluminum-bearing bauxite into alumina and smelts alumina to produce aluminum. Companies also recycle aluminum from scrap metal, which is a less energy-intensive process. Operators then manufacture aluminum alloys, plates, sheets, foils and extrusions for downstream manufacturing and construction markets. Aluminum products are primarily used as inputs in automotive and aerospace structures, engines and parts; packaging materials; construction; electronics; and appliances.
The industry was hit hard by the economic downturn and continued to fare poorly during the slower-than-expected recovery... purchase to read more