by: Shushmul Maheshwari
At present, the US aluminum market is largely driven by automobile,
construction, and packaging Industry. Use of aluminum in automobiles will keep
on growing with increasing public demand for a greener environment and greater
fuel efficiency that has forced policymakers to raise fuel economy standards,
cut carbon dioxide emissions and enhance the use of aluminum in automobiles.
Consequently, enabling the US aluminum industry to register a steady CAGR of
5.4% (in value terms) during 2009-2013, says RNCOS in its new research report
“US Aluminum Market Analysis”.
Our industry experts have done thorough research on the US aluminum industry and
has identified various decisive trends prevailing in the market, We have
inferred that aluminum industry in the US is dominated by the top four players,
accounting for nearly 80% of the market share, which gives rise to intense
rivalry in the industry and calls for new market entrants to balance the
aluminum demand-supply mechanism in the country.
According to the report, financial crisis will hamper the aluminum industry’s
growth rate in 2009 amid slowdown in country’s automobile and construction
industry. However, under the government’s stimulus plan, US$ 6.5 Billion will be
granted to the aluminum sector so that more aluminum power transmission lines
could be laid in the country, which will certainly work as a catalyst for
triggering the aluminum demand in the country and will provide potential growth
opportunities to existing and new market players.
With interest in "green" building increasing in the country, aluminum’s role in
an array of building and construction applications is poised to grow, which
could be attributed to aluminum’s recyclability, low weight, durability, and
reflectivity. This will further boost the aluminum demand and will help industry
to overcome the negative impacts of crisis.
Our report “US Aluminum Market Analysis” provides an extensive research and
equitable analysis of the US aluminum market, its operations and future
possibilities in the market. It evaluates past as well as present trends in the
country’s aluminum market with respect to production, market value, consumption,
price, etc. which facilitates deeper understanding of the market with a balanced
economic approach. Report also provides forecasts on all relevant segments of
the market, considering the impact of economic slowdown.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM581.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
About The Author
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a
team of industry experts who analyze data collected from credible sources. We
provide industry insights and analysis that helps corporations to take timely
and accurate business decision in today's globally competitive environment.
Source :
http://www.articlecity.com/articles/business_and_finance/article_11552.shtml
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US Aluminum Industry |
