PRZOOM - /newswire/ -
Delhi, New Delhi, India, 2006/10/11 - One of the most widely used metal in US economy, Aluminum now extends its usage areas to the Aerospace industry of the country..
Aluminum is used extensively all through the economy of U.S, particularly, in construction, transportation, and packaging industries. The metal has been playing a significant role in the healthy economy of the country and because it’s high-strength, lightweight, and recyclable it has now been used in defense, infrastructure, and aerospace industries.
Penetration of aluminum industry has increased aggressively in the aerospace industry in U.S. Almost all planes of defense have aluminum content of 70-90%, for instance, it’s used in aircraft and fuel tanks (for spacecrafts) manufacturing. Furthermore, fabricated wrought aluminum is used to make the structural components of American Navy aircrafts. The components include assembled, machined, and forged parts.
RNCOS has recently published a market research report “US Aluminum Market (2006)” on US aluminum industry. According to this report, “U.S. Aircraft industry is on the threshold of a major upsurge due to increasing aircraft demand generated during the economic upsurge in 2004. US aerospace industry grew by around 10% and generated a record $170Bn in sales during 2004-05. Revenues of Civil aircraft were close to $32Bn in 2005, whereas it was $27.5Bn in 2004. Consumption of aluminum also rose by almost 6%, during the same period, which indicates that demand for Aluminum depends largely on Aircraft Industry in US".
RNCOS report on US Aluminum Market helps clients assess:
- Trends in the US Aluminum Market with respect to production, consumption, market value, etc
- Demand and supply situation of aluminum and its raw material Bauxite
- Cost of labor and Energy available in various states of US
- Success aspects of Aluminum Industry in US
- Challenges associated with US Aluminum industry.
About the Report
This report provides extensive research and objective analysis of the Aluminum Market in US, its performance and future prospects. It helps the clients to analyze latest trends and developments in the US Aluminum Market vis-à-vis global scenario.
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.