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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 | Nov 2014

Shining future: Rising demand from automakers will be a major driver of industry growth

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
$38bn
Annual Growth 09-14
6.5%
Annual Growth 14-19
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Profit
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Employment
52,325
Businesses
412
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 to globalize as US and global construction and manufacturing markets gain strength. In particular, rising demand from automakers will be a major driver of industry growth... 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

 


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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