The US green building industry is projected to grow at a CAGR of around 27% during 2010 -2015, says RNCOS.
Noida, UP -- (SBWIRE) -- 02/21/2011 -- According to our research report “US Aluminum Market Analysis”, the aluminum market in the United States is gaining momentum to recover its growth pattern and expected to grow in the coming years. Aluminum is extensively used as a finished product in the U.S., specifically in the packaging, transportation, and construction industries. Due to its nature of being a lightweight, strong, and recyclable metal, aluminum has and will continue to play a significant role in the US economy as applications are also being expanded in the aerospace, infrastructure, and defense industries.
The US aluminum industry is one of the world's biggest producers of primary and secondary aluminum. The U.S. companies are the largest exclusive producer of primary aluminum. Aluminum use in automobiles will again increase and continue to grow as public demand for a greener environment and greater fuel efficiency forces policymakers to boost fuel economy standards, cut carbon dioxide emissions and enhance the use of aluminum in automobiles.
In case of secondary aluminum, the recycling rate of aluminum beverage cans had topped the chart in 2010, which shows that aluminum recycling industry will play a major role in near future. Our research indicates that the aluminum use in green building industry and hybrid car will surge in coming years as more and more people are looking forward for environment safety. Besides the automobile and construction industry, aluminum demand is growing in the aerospace industry in aircrafts and missiles due to its light weight property.
“US Aluminum Market Analysis” is an outcome of extensive research and detail study of the aluminum industry in the United States.
The report discusses each of the consumption sectors in detail. Most importantly, it helps clients to get an idea about the direction, in which, the industry is likely to move in the coming years. The report also analyzes the future prospects for aluminum industry and their impact on the US aluminum market. It also discusses the emerging industry trends, which will decide the aluminum industry’s future in the country.
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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.