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 2020, the industry's value added (IVA), or its contribution to the overall economy, is projected to increase at an annualized rate of 3.0%. Over the same period, GDP is forecast to grow an annualized 2.2%. IVA growth is estimated to surpass GDP growth over the period, but this is due to the industry's poor performance during the recession relative to the overall economy. The industry's profit margins and wages dramatically contracted and remained low in 2010, raising the 10-year growth rate due to extremely low IVA in the base year.
Industry consolidation is indicative of the industry's maturity. Over the 10 years to 2020, the number of companies is anticipated to stagnate... purchase to read more