Industry Analysis & Industry Trends
Weakened demand and prices for aluminum have led industry output to decline over the past five years. Over the next five years, the Aluminum Manufacturing industry will benefit from rising investment in new structures, machinery and equipment that use aluminum inputs. In addition, increasing fuel and emissions standards from the Canadian and US governments will further reinforce demand for aluminum in automotive and aerospace applications. Moreover, improvements in the US construction sector in coming years will help bolster export sales. Strengthening demand for aluminum worldwide will support higher prices for aluminum, bolstering industry revenue... purchase to read more
Industry Report - Industry Products Chapter
The Aluminum Manufacturing industry produces a variety of upstream and downstream aluminum products, such as alumina and finished aluminum sheet and foil. Aluminum is lightweight, ductile, corrosion resistant, highly conductive and recyclable, making it useful in a variety of applications. For instance, due to its high strength-to-weight ratio, aluminum is widely used as an alternative to steel in transportation applications.
Primary aluminum is expected to account for the majority of industry revenue, generating 50.5% of the total. According to the Mining Association of Canada (MAC), Canada ranks third in primary aluminum production globally... purchase to read more