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