Aluminum Manufacturing in Canada
The Aluminum Manufacturing industry produces a variety of aluminum products, ranging from alumina to finished aluminum sheet and foil. Exports to the United States generate more than three-fourths of industry revenue, making domestic operators highly dependent on both international trade, as well as conditions in US manufacturing and construction markets. Over the past five years, revenue for the Aluminum Manufacturing industry has fluctuated due to volatile aluminum prices and worldwide demand, although strong demand for unwrought aluminum from US manufacturing markets has ultimately driven revenue upward. Despite encountering some challenges over the past five years, the industry is poised for strong recovery and organic growth in the next five years. As the world's third-largest aluminum producer, Canada boasts some of the world's most energy efficient and productive smelters, and strengthening demand from downstream manufacturing and construction industries, both domestic and foreign, will fuel rising demand.
This industry converts or aids in the conversion of the aluminum-bearing ore bauxite into products such as alumina, primary aluminum ingots and rolled or drawn aluminum products, including plate, sheet, foil and extrusions. The industry also includes operators that recover aluminum from scrap, more commonly known as secondary aluminum manufacturers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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