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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 2015

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

The Aluminum Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$43bn
Annual Growth 10-15
3.5%
Annual Growth 15-20
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Profit
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Employment
58,159
Businesses
432
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. Aluminum prices surged after the recession in response to rapidly rising demand from manufacturers, especially in emerging economies. Higher prices for aluminum products and rebounding demand from major markets, namely the automotive industry, bolstered revenue over 2010 and 2011. In the coming years, the industry is expected to continue to globalize as US and global construction and manufacturing markets gain strength... purchase to read more

Industry Report - Industry Investment Chapter

The Aluminum Manufacturing industry's use of large-scale machinery and equipment for functions such as smelting, extruding, rolling and drawing, makes it capital intensive. For every dollar spent on wages, manufacturers in this industry spend $0.28 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 2.3%, 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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