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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
$35bn
Annual Growth 09-14
4.7%
Annual Growth 14-19
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Profit
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Employment
50,514
Businesses
414
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 SWOT Analysis Chapter

The Aluminum Manufacturing industry is in the mature stage of its life cycle. Over the 10 years to 2019, the industry's value added (IVA), or its contribution to the overall economy, is projected to increase at an annualized rate of 5.5%. Over the same period, GDP is forecast to grow at 2.7%. While IVA growth is estimated to surpass GDP growth over the period, this is due to the industry's poor performance during the recession relative to the overall economy. The industry's profit margins and wages contracted dramatically as sales plummeted in 2009, raising the 10-year growth rate due to extremely low IVA in the base year.

Industry consolidation is a more accurate representation of the industry's maturity... 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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