Aluminum Manufacturing in Canada
The Aluminum Manufacturing industry in Canada produces a variety of aluminum products, ranging from alumina to finished aluminum sheet and foil. Aluminum is lightweight, ductile, corrosion-resistant, highly conductive and recyclable, making it useful in an array of applications. Although global aluminum prices dropped significantly in 2015 and 2016, the depreciation of the Canadian dollar supported the industry. Moreover, strong gains during the latter half of the five-year period have helped drive revenue growth. Moving forward, the industry is poised for organic growth over the next five years, although at a slower pace. As the world's third-largest aluminum producer, Canada boasts some of the most energy efficient and productive smelters in the world, strengthening demand from downstream manufacturing and construction industries.
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, which is 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook