Aluminum Production Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 5/20/2024
SIC Codes: 3334, 3341, 3353, 3354, 3355
NAICS Codes: 3313
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Aluminum Production Industry Profile

Companies in this industry process and manufacture alumina, aluminum, and aluminum products. Major companies include Alcoa (US), Chalco (China), Hindalco Industries (India), Norsk Hydro (Norway), Rio Tinto (UK), and RUSAL (Russia).

The worldwide production of primary aluminum totaled about 70 million metric tons in 2022, according to the US Geological Survey. The largest aluminum producers are China, India, Russia, and Canada, among other countries.

The US aluminum production industry includes about 450 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $40 billion.


Demand comes largely from manufacturers of durable goods such as motor vehicles, aircraft, food packaging containers, building and construction, and electrical generators. The profitability of individual companies depends on efficient operations, because aluminum products are commodities sold based on price. Big companies have economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by serving regional markets or producing specialty products. The US industry is highly concentrated: the 50 largest companies generate about 85% of revenue.

Imports make up about 40% of the US aluminum market. Canada is the largest supplier to the US, followed by China, Russia, and the United Arab Emirates. Aluminum exports, mainly to Canada and Mexico, account for about 20% of US production.


Major sources of revenue include semi-fabricated products like aluminum sheet, plate, and foil (about 40% ...

View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Aluminum Production that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options