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 - Starting a New Business Chapter
The Aluminum Manufacturing industry has substantial barriers to entry. Investment capital requirements associated with establishing a smelter or refining facility are extremely high. Participants must purchase a wide array of machinery and equipment, which they need to pair with a well-trained workforce that is knowledgeable and skilled in aluminum processing. Furthermore, companies need sufficient working capital in order to survive slumps in demand and declines in the price of aluminum. The high price volatility that the industry faces also serves as a deterrent to new entrants.
There is a high degree of vertical integration among existing manufacturers... purchase to read more