Secondary Smelting and Alloying of Aluminum - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in (1) recovering aluminum and aluminum alloys from scrap and/or dross (i.e., secondary smelting) and making billet or ingot (except by rolling) and/or (2) manufacturing alloys, powder, paste, or flake from purchased aluminum. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Secondary Smelting and Alloying of Aluminum Market Size

This report includes historical and forecasted market sizes and industry trends for Secondary Smelting and Alloying of Aluminum. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Secondary Smelting and Alloying of Aluminum industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Secondary Smelting and Alloying of Aluminum Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Secondary Smelting and Alloying of Aluminum Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Secondary Smelting and Alloying of Aluminum industry.

Geographic Breakdown by U.S. State

Secondary Smelting and Alloying of Aluminum market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Secondary Smelting and Alloying of Aluminum companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Secondary Smelting and Alloying of Aluminum
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Secondary Smelting and Alloying of Aluminum company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Secondary Smelting and Alloying of Aluminum industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Secondary smelting and alloying of aluminum

Included

Aluminum ingot, including billet, made by secondary smelters

Aluminum/Al-base alloy powders/paste/flakes, purch. Al

Secondary smelting and alloying of aluminum, nsk, total

Secondary smelting/alloying of Al, nsk, nonadmin-records

Secondary smelting/alloying of Al, nsk, admin-records


Compensation and Salary Surveys

Salary information for employees working in the Secondary Smelting and Alloying of Aluminum industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 1%
Office and Administrative Support Occupations 7%
Installation, Maintenance, and Repair Occupations 12%
Other Installation, Maintenance, and Repair Occupations 10%
Industrial Machinery Installation, Repair, and Maintenance Workers 6%
Production Occupations 56%
Metal Workers and Plastic Workers 34%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic 6%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 9%
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Metal Furnace Operators, Tenders, Pourers, and Casters 7%
Metal-Refining Furnace Operators and Tenders 5%
Other Production Occupations 15%
Miscellaneous Production Workers 8%
Transportation and Material Moving Occupations 11%
Material Moving Workers 9%
Laborers and Material Movers, Hand 7%

Government Contracts

The federal government spent an annual total of $2,984,755 on the Secondary Smelting and Alloying of Aluminum industry. It has awarded 8 contracts to 4 companies, with an average value of $746,189 per company.

Top Companies in Secondary Smelting and Alloying of Aluminum and Adjacent Industries

Company Address Revenue
($ Millions)

Included