Press release
US Aluminium Market Top Key Players – Alcoa, Century Aluminium Company, Arconic, Aleris Rolled Products, Kaiser Aluminium, JW Aluminium, Tri Arrows, Metal Associates, Metalmen Sales, C-KOE Metals
According to the U.S. Geological Survey, in December 2019, U.S. domestic tea aluminum production was 91,000 tonnes. Average daily production was 2950 tonnes, down 3% compared to December 2018, almost unchanged from November 2019. In 2019, it was 1.09 million tons, which is 23% more than in 2018.
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US ALUMINIUM MARKET DYNAMICS
Increasing Use Of High-Strength Aluminium In Aerospace
• Properties such as corrosion resistance, high strength, flexibility, lightness, excellent thermal and electrical conductivity and barrier properties play a dominant role in the demand of the us aluminum market in the aerospace sector.
Use Of Aluminium Die Cast Products In Automotive Industry
• The development and requirements of aluminum auto parts is a cost-effective model to boost ventures into the industry. The surge in automotive demand and production levels and sales in the United States drives the advancement of aluminum market value over the period 2021-2027.
• In addition to this, aluminum is used in food and packaging, consumer electronics, roofing sheets, smartphones, composite manufacturing, etc. These applications will reliably increase the market value of aluminum during the specified forecast period.
US ALUMINIUM MARKET SEGMENTATION
By Processing Method
• Flat rolled
• Castings
• Extrusions
• Forgings
• Pigments & Power
• Rod & Bar
By Series
• 1000 series aluminium alloy
• 2000 series aluminium alloy
• 3000 series aluminium alloy
• 4000 series aluminium alloy
• 5000 series aluminium alloy
• 6000 series aluminium alloy
• 7000 series aluminium alloy
• 8000 series aluminium alloy
By Alloy Type
• Wrought alloys
• Cast alloys
By Product Type
• Mill Finished
• Anodized
• Powder Coated
• Plates, Ingots
• Sheets & Foils
• Cables & Wires
By End Use Application
• Automotive & Transportation
• Aerospace & Defence
• Marine
• Building & Construction
• Electrical Industry
• Foil & Packaging, Consumer Goods
• Consumer Goods
• Machinery Equipment
COMPETITIVE LANDSCAPE
• Primary US aluminum market production in the United States is experiencing major competitive challenges, mainly due to higher electricity costs than its major foreign rivals, particularly Canada and most GCC countries. Meanwhile, the US secondary raw segment has the advantage of being able to access the world's richest supply of domestic aluminum scraping. Rumor has it that American forging companies are advancing technologically, working closely with customers to create innovative products and alloy solutions that meet end-use requirements.
• Recently, Alcoa invented a zero-emission technology that ELYSIS, a joint venture co-founded by Alcoa, is working to scale up on a commercial scale. This process releases pure oxygen as a by-product, eliminating all greenhouse gas emissions. This process is used in the manufacture of low-carbon aluminum wheels.
MAJOR CONTRIBUTING COMPANIES
• Alcoa
• Century Aluminium Company
• Arconic
• Aleris Rolled Products
• Kaiser Aluminium
• JW Aluminium
• Tri Arrows
• Metal Associates
• Metalmen Sales
• C-KOE Metals
Read More Information: https://mobilityforesights.com/product/us-aluminium-market/
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