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