Industry Analysis & Industry Trends
Tough demand conditions and extreme volatility in the price of aluminum resulted in overall decline in Aluminum Manufacturing revenue during the five years to 2013. The five-year period was marked by cost-cutting measures taken by operators, including employee layoffs and the closure of manufacturing facilities. Despite these challenges, the industry is poised for strong growth over the next five years thanks to increasing demand from downstream manufacturing and building industries... purchase to read more
Industry Report - Starting a New Business Chapter
There are multiple barriers to enter the aluminum manufacturing industry. A high level of investment capital, large variety of required machinery and equipment, and a highly-skilled, trained and numerous workforce are all essential in order for producers to be successful. Fluctuations in price and demand make it difficult for new manufacturers to enter the industry.
Large, long-time manufacturers tend to be very well integrated in the industry. For example, Alcoa Inc. mines bauxite in addition to producing aluminum. A smaller, newer participant may find that a supplier is also a competitor... purchase to read more