Released on: March 10, 2008, 11:47 pm

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: The US aluminum industry, the fourth largest industry in the
world, accounts for 16% of the world supply and is growing rapidly because of high
domestic consumption and strong associated industries

Press Release Body:
Metal industry is the backbone of all industries, be it infrastructure, physical
plants and facilities, or heavy industry and consumer goods. And aluminum, being a
multi-purpose element with innumerable benefits over other metals, is essential for
various industries. Countries all over the world are exploiting aluminum deposits to
infuse growth in their industrial segment. Specifically the US is strengthening the
position of its aluminum industry, the world's fourth largest industry in terms of
annual primary production, by paying adequate attention on efficient production
technologies and government support and hence, it accounts for over 16% of the
global supply, which is equal to 8 Billion pounds of metal. Considering such high
growth potential, RNCOS, a leading market research firm, has come up with its new
report, "US Aluminum Market Analysis", containing vital information about the
industry.

The study has identified that the US accounts for around 9% market share worldwide,
which is quite significant at the country level. The RNCOS research has given an
insight into how other industries are contributing to the growth of the aluminum
sector by focusing on their current growth and future prospects. Automobile,
Packaging, Building and Construction industries have been identified by the research
as the largest aluminum consumers in the country and thus, benefiting the aluminum
industry.

The RNCOS report has focused on impact of the rapidly growing consumer electronics
market on the US aluminum industry. Growth in the consumer electronics has opened
new avenues for the aluminum industry, like recycling, and making lightweight and
durable metal. It is apparent that the demand for good quality aluminum is rising in
the country, however, the cost structure, which includes energy and labor
industries, is obstructing to fulfill this demand.

An analysis is incomplete without a thorough discussion on each segment of the
industry, thus, "US Aluminum Market Analysis" has incorporated a detailed study on
import and export trends, involvement of other industries in the progress of
aluminum industry, new avenues for growth, challenges for the industry, government
support and future outlook.

The report has examined the past and current performance of the US aluminum market
and looks into its future prospects. It updates on the trends and developments in
the market vis-à-vis the global scenario.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM581.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com
Fax no: 91-11-4214-1228