US Aluminium Market Analysis is an Elaborate Study of the Aluminium Market in the US
DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c78670) has announced the
addition of "US Aluminium Market Analysis" to their offering.
It rationally discusses the past and current performance of the
market and looks into its future prospects. This report helps the
clients to analyze the trends and the developments in the US aluminium
market vis-a-vis the global scenario.
The US aluminium industry depends on a variety of economic factors
and its future performance is difficult to predict. The forecast given
in this report is not based on a complex economic model, but is
intended as a guide to the direction in which the market is likely to
move.
For our research purpose, the market has been defined in terms of
primary aluminium production.
Market Analysis
In terms of both its positive economic and environmental impact,
the aluminium industry remains one of the most significant success
stories nationally as well as internationally. Due to its benefit, the
aluminium industry will shine in future. The global consumption of
aluminium products, both upstream and downstream, is expected to
double by 2020 annually.
The aluminium industry of the US is the world's largest single
producer of primary aluminium. The US industry operates over 300
plants in 35 states, produces more than 23 Billion pounds of metal
annually, and employs over 145,000 people with an annual payroll of
about US$ 5 Billion. Aluminium is one of the few products and
industries left in America that truly impacts every community in the
country, either through physical plants and facilities, recycling,
heavy industry, or consumption of consumer goods.
Key Findings
- By volume, the US aluminium industry is projected to grow by
210,000 Metric Tons (nearly 9%) during 2007-2011, attributed to
enhanced energy supply capacity, new cost efficient production
technologies and government support.
- Market demand is largely fuelled by the need for aluminium by
various industry sectors, particularly transport and packaging sector.
- The aluminium consumption market is highly relied on imported
aluminium.
- Aluminium is chiefly imported from a number of countries, such
as Canada, Russia, China and Mexico, where the cost of production is
relatively less. This makes imported aluminium cost effective, thereby
posing a significant challenge for the domestic producers.
- Positive outlook for the construction industry in the US will
definitely boost revenue growth of the aluminium industry.
- The industry offers huge opportunities for production equipment
manufacturers as it is projected to enlarge its production to meet out
domestic consumption demand.
- In spite of the lowering demand from automobile market,
aluminium use in automobiles will continue to grow as aluminium
content per vehicle is increasing.
Key Players
This section provides an overview of the key facts and financial
position of players like Alcoa Inc., Alcan Inc., Century Aluminium
Company, Aleris International Inc. and Novelis Inc.
Key Issues & Facts Analyzed
- What are the trends in the US aluminium market with respect to
market value, production, consumption, price etc?
- What is import and export situation of aluminium in the country?
- What is the cost of energy and labour in various US states?
- What are the various avenues for growth for aluminium industry
in the US?
- What are the challenges associated with this industry?
Contents:
1. Analyst View
2. Global Aluminium Industry
3. US Aluminium Industry
4. Import & Export Trends
5. New Avenues for Growth
6. Key Issues Facing Aluminium Industry
7. Future Outlook (2007-2011)
8. Government Regulations & Support
9. Key Industry Contributors
List of Tables
List of Figures
For more information visit
http://www.researchandmarkets.com/reports/c78670
Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980
Copyright Business Wire 2008
