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US Aluminum Production to Grow Above 9% CAGR by 2013
Apr 28, 2010
According to our latest research report “US Aluminum Market Analysis”, aluminum industry in the US has survived the global economic slowdown without any long-lasting serious dent. The proactive government support, along with improving industry sentiments of major aluminum smelters, has helped sustaining the attractiveness of the aluminum industry in the country. The report also reveals that the industry will continue to post encouraging results in coming years with CAGR almost touching double-digit figures.
The report identified that on the consumption front, transportation sector is dominating the overall aluminum demand in the country. In 2008, around 37% of the total aluminum consumption was accounted by the sector. The flexible and light weight attributes of aluminum are fast positioning it as a favored metal choice (as a replacement of steel) for automobile producers. Consequently, aluminum use in vehicle manufacturing is rapidly surging.
In addition, as people’s interest in “green building” is increasing, aluminum’s role in an array of building and construction applications is poised to grow, attributed to aluminum’s recyclability, low weight, durability and reflectivity. We anticipate this trend to continue in the years to come, which will ultimately uplift the aluminum industry’s future prospects in the US.
The research reportis an outcome of extensive study and thorough analysis on the burgeoning aluminum industry and its components in the US. The report discusses the market structure, current and past market performance, and factors critical to the success of the aluminum industry in the country. We have also identified all the key players in the Competitor Analysis section of the report. The section talks about the business profile and strategic moves of the leading players operating in the sector.
“US Aluminum Market Analysis” provides industry forecast based on correlation of past drivers, challenges and opportunities for expansion. Thus, the report presents a comprehensive and rational analysis of the US aluminum industry, which will prove decisive for clients.
For more information visit: http://www.rncos.com/Report/IM581.htm
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