US Aluminium Market Analysis is an Elaborate Study of the Aluminium Market in the...
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
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