Research and Markets has recently included a new report titled “US Aluminum Market Analysis” in its list of offerings.
The report is a conclusion of an extensive research and a systematic study of the US aluminum industry. The US aluminum industry was severely hit during the global economic meltdown and some of the leading players relocated their manufacturing facilities to places provided reduced operational expenditures. Despite all these occurrences, the industry came alive and maintained its production in 2010.
The research report predicts that the primary aluminum industry in the country will achieve approximately 12% CAGR in 2011-2013 and reach US$ 8 billion growth by 2013. Improved cost effective production expertise and improved power availability and government support are attributed to the growth. The report details the growing demand of aluminum in the construction, packaging and transportation industries because of its lightweight, durability and reusable attributes. Additionally, the use of aluminum in green buildings and other construction-related activities will further drive the demand for the material.
The report provides a detailed analysis of the consumption sectors and outlines the movement and future growth of such sectors. It provides details on the future growth of the aluminum industry in the U.S and the impact of upcoming trends on the country’s aluminum industry.
Some of the companies discussed in the report include Aleris International, Alcoa, Novelis, Rio Tinto Alcan and Century Aluminum.