The alumina and aluminum production and processing industry include establishments mainly involved in alumina extraction primarily from bauxite ore, producing aluminum from alumina, recovering aluminum from scrap or dross, refining aluminum by any process, alloying purchased aluminum and rolling, drawing, casting, extruding and alloying aluminum and aluminum-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.
The global alumina and aluminum production and processing market was valued at around $260 billion in 2017. Asia Pacific was the largest region in the alumina and aluminum production and processing market in 2017, accounting for around 40% market share. China was the largest country in the market in 2017, accounting for more than 20% market share.
Aluminum manufacturers are producing customized aluminum alloys for automobile manufacturers to produce light weight vehicles. The use of aluminum alloys in vehicles reduces carbon emissions, increases fuel economy and improves overall stability as aluminum alloys considerably reduces vehicle body weight. This is primarily driven by stringent emission regulations and growing pressure to improve economy by many national and state governments.
The top five companies covered are Rio Tinto, Weiqiao/ Hongqiao Group, United Co RUSAL PLC, Alcoa and Norsk Hydro. Rio Tinto was the largest competitor in the alumina and aluminum production and processing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The alumina and aluminum production and processing market is segmented into Aluminum Product Manufacturing From Purchased Aluminum, Secondary Smelting And Alloying Of Aluminum and Alumina Refining And Primary Aluminum Production.
Aluminum Product Manufacturing From Purchased Aluminum includes establishments that are involved in using purchased aluminum for flat rolling or continuous casting sheet, plate, foil and welded tube process and/or using scrap to recover aluminum and flat rolling or continuous casting sheet, plate, foil, and welded tube in integrated mills.
Secondary Smelting And Alloying Of Aluminum includes establishments recovering aluminum and aluminum alloys from scrap and/or dross (secondary smelting) and making billet, alloys, powder, paste, or flake from purchased aluminum.
Alumina Refining And Primary Aluminum Production includes establishments mainly involved in refining aluminum oxide (alumina) primarily from bauxite and producing aluminum from alumina and/or producing aluminum from alumina and rolling, drawing, extruding, or casting the aluminum into primary forms such as bar, rod, sheet, plate, strip, billet and ingot.