Aluminum Manufacturing in the US - Industry Market Research Report
Description
Aluminum Manufacturing in the US
The Aluminum Manufacturing industry has endured significant volatility into 2023, mainly in response to fluctuations in aluminum prices, which reflect global supply and demand. While higher prices raise the cost of processing purchased aluminum, manufacturers pass cost increases onto customers, generating greater revenue. Over the past five years, aluminum prices have been particularly volatile, caused by changing international trade policies and pandemic-related effects on production. The industry has declined at a CAGR of 2.7% to $44.1 billion, including a 4.1% decline in 2023 alone. Profit has also fallen to 4.7% as wage pressures increase.
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.
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."
The Aluminum Manufacturing industry has endured significant volatility into 2023, mainly in response to fluctuations in aluminum prices, which reflect global supply and demand. While higher prices raise the cost of processing purchased aluminum, manufacturers pass cost increases onto customers, generating greater revenue. Over the past five years, aluminum prices have been particularly volatile, caused by changing international trade policies and pandemic-related effects on production. The industry has declined at a CAGR of 2.7% to $44.1 billion, including a 4.1% decline in 2023 alone. Profit has also fallen to 4.7% as wage pressures increase.
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.
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."
Table of Contents
68 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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