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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 | Mar 2014

Lighten up: Demand for lightweight, fuel-efficient cars will spur demand for aluminum

IBISWorld’s Aluminum Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$37bn
Annual Growth 09-14
5.6%
Annual Growth 14-19
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Profit
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Employment
45,655
Businesses
397
Industry Analysis & Industry Trends

Aluminum manufacturers will begin to 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, as automakers use more aluminum in their process to make lighter and more fuel-efficient cars... purchase to read more

Industry Report - Industry Investment Chapter

Due to this industry's use of large-scale machinery and equipment for functions such as smelting, extruding, rolling and drawing, capital intensity is high. For every dollar spent on wages, manufacturers in this industry spend $0.34 on machinery, equipment and other capital expenses. The refining of alumina and the smelting and reprocessing of aluminum are the industry's most capital-intensive operations. Ongoing capital investment is required in order to satisfy customer specifications, compete with other companies and reduce operating costs. Depreciation expenses as a share of industry revenue currently stand at 2.5%, reflecting the fact that most manufacturing sites were established years ago and production equipment must be continually replaced... 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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