Aluminum is in demand—and with it the need for highly skilled and capable talent and leadership candidates who can manage this evolving industry to scale with the expansion of usage created by the growth of a vast array of vital industries. Automotive, aerospace and construction—along with others—are driving demand to unprecedented levels. Secondary aluminum, too, is also growing in its usage. As an accessible construction material and versatile packaged goods component, aluminum is fast becoming one of the preferred materials of the transportation industries.
As aluminum industry recruitment specialists, we help your business prepare to fully capitalize on these new opportunities—to be ready and have the teams capable of seizing opportunities for enhanced revenue made available by the expanding multinational global aluminum markets.
A bright future fueled by versatility
The expanding use of aluminum over stainless steel by automotive, aerospace, construction and packaged goods is setting the industry up to experience a dramatic expansion in the next eight years. According to a study conducted by Precedence Research, the global aluminum market was valued at $169.8 billion in 2021 and is expected to reach around $277.5 billion by 2030. In that time, the global aluminum market is poised to grow at a compound annual growth rate (CAGR) of 5.61 percent.
Aluminum is one of the most versatile materials and is used throughout every part of the world—containers, utensils, window frames, struts, siding, car parts, airplanes, foils, and beyond all use this metal that is essential to not only the growth of our industries and businesses but also provides a platform for the advancement of civilization across the globe. It’s lightweight, durable, corrosion-resistant, and conductive. Aluminum is a massive part of our future, and we must be ready to use it correctly.
What’s the catch?
The demand for aluminum is good. The markets are poised to experience very healthy growth. The opportunities within American markets and beyond are vast in the coming decade(s). What could possibly throw a wrench in this otherwise rosy outlook? A Deloitte study conducted in 2018 found that the skills gap may leave an estimated 2.4 million future positions unfilled between the years 2018 and 2028, with a potential economic loss of $2.5 trillion.
Intensified by the global pandemic, skilled tradespeople and leadership are retiring at an alarmingly accelerated rate. Coupled with a national focus on the intensification of infrastructure spending, industrial firms will need skilled professionals at a rate trade schools and unions are not on pace to handle in any definitive way.
Aluminum industry recruitment. What’s the best path forward?
Talented and specialized professionals still exist in the industry, and we can help you attract, assess and secure those passive candidates ready to make a move. It’s what we do and why Davalyn Corporation is a trusted name in any industry we touch.
But what about the looming talent deficit?
For one, skills can be taught. Never assume that aptitude is limited. Promote incentive programs. Invest in training and education that can and will produce talent. Focus on discovering the soft skills and cultural matches that will benefit your business if you effectively help these compatible people engage in their career development. As specialized aluminum industry recruitment professionals, we often look where others will not, to find potent workforce members that have been overlooked because of age, heritage, disabilities, immigration status, criminal history, etc.
We must remain committed to protecting our resources but also be willing to learn about the person behind the resume and the public record. We must be willing to see potential—and that might make all the difference in being competitive in future markets. We must use every resource, gain allies and create the companies and cultures ready for the full spectrum usage of aluminum in the future.
So, what is your business doing to prepare for the prosperity and growth aluminum will have to offer? Do you have the professionals in place to build the new infrastructure, strategies, and teams to move forward in an effective way? At Davalyn Corporation, we serve multiple industries and have accumulated the experience and perspectives these periods of growth offer. Our dedicated aluminum industry recruitment professionals will help you plot a course that serves your market share and the evolution of your company culture. Contact us to start a conversation.
Related industries: Aluminum | Automotive | Consumer Packaged Goods | Durables, Building Products, Hardware & Home Improvement | Materials & Metallurgy