Aluminium Production in the UK - Industry Market Research Report

Aluminium Production in the UK - Industry Market Research Report
Aluminium Production in the UK

The aluminium production industry's revenue is forecast to contract at a compound annual rate of 3.7% over the five years through 2023-24. Since the aluminium industry is very globalised, aluminium producers were hit especially hard by the pandemic, which disrupted supply chains and reduced exports. The sharp drop in air travel during the pandemic also caused a considerable fall in revenue, since many aluminium manufacturers cater heavily to the aircraft manufacturing industry. Despite falling revenue, manufacturers were supported by the stable supply of scrap aluminium available from local sources as the price of imported alumina rose.

Manufacturers in this industry smelt aluminium from alumina, recycle scrap aluminium and produce basic aluminium shapes such as plates, bars, foil and wire. The production of aluminium alloys and rolled aluminium products is included in the industry. Manufacturers also sell unwrought aluminium.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.