NAICS 331316 - Aluminum Extruded Product Manufacturing
This U.S. industry comprises establishments primarily engaged in (1) extruding aluminum bar, pipe, and tube blooms or extruding or drawing tube from purchased aluminum; and/or (2) recovering aluminum from scrap and extruding bar, pipe, and tube blooms or drawing tube in integrated mills.
Industry trends:
The Aluminum Extruded Product Manufacturing industry, classified under NAICS 331316, is currently experiencing several key qualitative trends. One significant trend is the increased demand for lightweight, high-strength materials driven by the automotive and aerospace sectors. As these industries focus on fuel efficiency and emissions reduction, the use of aluminum extrusions is becoming more prevalent, replacing heavier materials like steel.
Another notable trend is the growing emphasis on sustainability and recycling. Aluminum is highly recyclable, and manufacturers are investing in eco-friendly production processes and sourcing recycled aluminum to meet regulatory requirements and consumer preferences for greener products.
Technological advancements are also shaping the industry. Innovations in extrusion techniques, such as improved die designs and enhanced thermal management, are leading to higher precision and reduced waste. Additionally, the integration of automation and smart manufacturing technologies is streamlining operations and increasing productivity.
Forecasts for the near future indicate continued growth in demand for aluminum extruded products, particularly in emerging markets and industries such as electric vehicles (EVs) and renewable energy infrastructure. Regulatory pressures and advancements in electric vehicle production are expected to drive substantial growth, necessitating further advancements in aluminum extrusion technologies and capacities.
In conclusion, the Aluminum Extruded Product Manufacturing industry is poised for considerable growth, supported by trends in sustainability, technological innovation, and increased application in key industries, while maintaining a keen focus on environmental impact and operational efficiency.
This industry is comprised of:
Aluminum bar made by extruding purchased aluminum
Aluminum bar made in integrated secondary smelting and extruding mills
Aluminum pipe made by extruding purchased aluminum
Aluminum pipe made in integrated secondary smelting and extruding mills
Aluminum rod made by extruding purchased aluminum
Aluminum rod made in integrated secondary smelting and extruding mills
Aluminum tube blooms made by extruding purchased aluminum
Aluminum tube blooms made in integrated secondary smelting and extruding mills
Aluminum tube made by drawing or extruding purchased aluminum
Aluminum tube made in integrated secondary smelting and drawing plants
Aluminum tube made in integrated secondary smelting and extruding mills
Bar made by extruding purchased aluminum
Bar, aluminum, made in integrated secondary smelting and extruding mills
Pipe made by extruding purchased aluminum
Pipe, aluminum, made in integrated secondary smelting and extruding mills
Rod made by extruding purchased aluminum
Rod, aluminum, made in integrated secondary smelting and extruding mills
Tube blooms made by extruding purchased aluminum
Tube blooms, aluminum, made in integrated secondary smelting and extruding mills
Tube made by drawing or extruding purchased aluminum
Tube, aluminum, made in integrated secondary smelting and drawing plants
Tube, aluminum, made in integrated secondary smelting and extruding mills
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