NAICS 331319 - Other Aluminum Rolling and Drawing
This U.S. Industry comprises establishments primarily engaged in (1) rolling, drawing, or extruding shapes (except flat rolled sheet, plate, foil, and welded tube; extruded rod, bar, pipe, and tube blooms; and drawn or extruded tube) from purchased aluminum and/or (2) recovering aluminum from scrap and rolling, drawing or extruding shapes (except flat rolled sheet, plate, foil, and welded tube; extruded rod, bar, pipe, and tube blooms; and drawn or extruded tube) in integrated mills.
Industry trends:
The NAICS 331319 category, which encompasses other aluminum rolling and drawing, is experiencing several significant qualitative trends. Firstly, the push towards sustainability and carbon footprint reduction is driving companies to invest in greener technologies and recycling processes. This aligns with increasing consumer and regulatory demands for environmentally friendly practices. Additionally, the industry is witnessing advancements in automation and digitalization, with machinery and process improvements aimed at enhancing efficiency and product quality.
Another noteworthy trend is the growing demand for lightweight materials in automotive and aerospace sectors, as manufacturers seek to improve fuel efficiency and performance. This demand is progressively steering the aluminum industry towards producing high-strength, lightweight alloys. Furthermore, there is a noticeable shift towards customization and specialization to meet unique client demands in various sectors, from construction to electronics. Companies are focusing on developing niche products to build competitive advantages.
Looking into the near future, the market is expected to see steady growth encouraged by infrastructural developments and the steady recovery of key industries post-pandemic. The push for modernization and investment in research and development will likely foster innovations in aluminum processing techniques. Geopolitical factors and trade policies will continue to play a crucial role in shaping the industry's dynamics, potentially influencing supply chains and raw material availability.
This industry is comprised of:
Apparatus wire or cord made in aluminum wire drawing plants
Automotive or aircraft wire and cable made in aluminum wire drawing plants
Bar made by rolling purchased aluminum
Bar, aluminum, made in integrated secondary smelting and rolling mills
Coaxial cable made in aluminum wire drawing plants
Communications wire or cable made in aluminum wire drawing plants
Cord sets, flexible, made in aluminum wire drawing plants
Energy wire or cable made in aluminum wire drawing plants
Extrusion billet made by rolling purchased aluminum
Extrusion billet, aluminum, made in integrated secondary smelting and rolling mills
Extrusion ingot made by rolling purchased aluminum
Extrusion ingot, aluminum, made in integrated secondary smelting and rolling mills
Ingot made by rolling purchased aluminum
Ingot, aluminum, made in integrated secondary smelting and rolling mills
Insulated wire or cable made in aluminum wire drawing plants
Magnet wire, insulated, made in aluminum wire drawing plants
Mesh, wire, made in aluminum wire drawing plants
Nails, aluminum, made in wire drawing plants
Rails made by rolling or drawing purchased aluminum
Rails, aluminum, made in integrated secondary smelting and drawing plants
Rails, aluminum, made in integrated secondary smelting and rolling mills
Rod made by rolling purchased aluminum
Rod, aluminum, made in integrated secondary smelting and rolling mills
Shipboard cable made in aluminum wire drawing plants
Signal and control cable made in aluminum wire drawing plants
Structural shapes made by rolling purchased aluminum
Structural shapes, aluminum, made in integrated secondary smelting and rolling mills
Weatherproof wire or cable made in aluminum wire drawing plants
Wire cloth made in aluminum wire drawing plants
Wire screening, aluminum, made in integrated secondary smelting and drawing plants
Wire, armored, made in aluminum wire drawing plants
Wire, bare, made in aluminum wire drawing plants
Wire, insulated, made in aluminum wire drawing plants
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