Aluminum Demand Continues to Expand
US demand for aluminum is forecast to total 8.7 million metric tons in 2021, according to
Aluminum: United States , a report recently released by Freedonia Focus Reports. Sales to the transport market will outpace other sectors as automakers increasingly utilize aluminum parts to reduce vehicle weight.
Production of aluminum in the US is forecast to total 4.5 million metric tons in 2021. Production is expected to grow at a rate consistent with US demand, as the vast majority of domestically produced aluminum is consumed in the US.
These and other key insights are featured in Aluminum: United States. This report forecasts US aluminum demand in metric tons to 2021. Total demand is segmented by market in terms of:
- transport
- containers and packaging
- building and construction
- electrical
- other markets
US aluminum production is segmented by type as follows:
- primary
- secondary
To illustrate historical trends, total demand, total production, the various segments, and trade are provided in annual series from 2006 to 2016
More information about the report is available at https://www.freedoniafocusreports.com/pub/10912486.html
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Materials and Chemicals reports can be purchased at www.freedoniafocusreports.com or marketresearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size
- segmentation by products
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
SOURCE The Freedonia Group