Aluminium in Mexico Market Players Analysis¶
Products and Services¶
Based on the provided information, the following companies are identified as prominent players in the Mexican aluminium industry. Their main products, services, and available data on volume and revenue trends are detailed below. It is important to note that specific, comparable 2024/2025 revenue and volume figures for the Mexican operations of all these companies are not consistently available in the provided data, particularly for privately held entities or Mexican subsidiaries of international corporations. Trends and indications of growth or decline are thus based on available data points, investment announcements, and stated strategic plans.
Nemak: A global provider of lightweighting solutions for the automotive industry. Nemak specializes in aluminium components for powertrain, e-mobility, and structural applications, utilizing advanced casting technologies like high-pressure die casting. They produce a significant portion of their aluminium products from recycled aluminium, aligning with their focus on sustainability and the circular economy. Nemak operates 10 plants in Mexico. While specific volume for Mexico is not provided, their global production involves a large workforce across many facilities. Global revenue was reported as US$3.8 billion in 2021 and US$4.7 billion in 2022. Global net sales for Q3 FY2025 were $4.1 billion. Specific revenue for Mexican operations is not publicly disclosed in the provided sources, but their significant manufacturing footprint indicates substantial volume and revenue generation within the country.
Novelis: A global leader in flat-rolled aluminium products and the world's largest recycler of aluminium. Novelis has a significant presence in Mexico, focusing on aluminium recycling and the production of flat-rolled products primarily for the beverage can and automotive markets. They are expanding their recycling capacity in San Luis Potosí, Mexico, aiming for 400,000 tonnes/year, indicating a planned increase in volume. Total rolled product shipments globally were largely comparable to the prior year at 904 kilotonnes in Q3 FY2025. Novelis reported global net sales of $4.1 billion for the third quarter of fiscal year 2025 (ending Dec 31, 2024). Global revenue was also reported as €25.4K as of Dec 31, 2022, though this figure appears unusually low and potentially an error or specific to a small entity. Revenue in Q3 FY23 stood at $4.2 billion globally. Specific revenue for Mexico operations is not provided. However, their significant investment in expanding recycling capacity points towards expected future growth in volume and associated revenue in Mexico.
Cuprum / SERVICIOS CUPRUM: A major Mexican manufacturer of aluminium products for industrial and architectural applications, including ladders, windows, and profiles. Cuprum also serves the automotive industry with mold-injected aluminium and provides sheet products for transportation, food, and electrical appliances. They are considered a top player in the basic aluminium industry in Nuevo Leon and nationally. Their manufacturing activities indicate significant consumption of secondary aluminium products. No specific volume estimates for overall aluminium processing are provided. Estimated annual revenue for the basic aluminum industry in Nuevo Leon, where Cuprum is based, is around MXN $4,900 million, with Cuprum being a top player in this state and nationally. A specific revenue figure for SERVICIOS CUPRUM or a consolidated figure for Grupo Cuprum for 2024/2025 is not available. Capital spending for expansion has been part of their strategy, suggesting potential volume growth.
ARZYZ, S.A. DE C.V.: A Mexican company specializing in secondary aluminium alloys and non-ferrous metals trading. Founded in 1980, ARZYZ manufactures aluminium alloys through recycling and commercializes non-ferrous metals, with integrated processes from scrap collection to distribution. They operate three manufacturing facilities in Mexico and produce recycled aluminium products including ingots, billets, and molten metal for various industries. ARZYZ announced a $650 million expansion of their plant in Nuevo Leon in September 2024, indicating a significant planned increase in volume and capacity. Estimated annual revenue is between $10,000,000 and $50,000,000 according to one source, while an older source from 2011 estimates over $100,000,000. A current, reliable revenue figure for 2024/2025 is not available, but the substantial investment in expansion clearly points to expected future growth.
Bocar Group: A significant player in the automotive parts aluminium die casting market in Mexico. Bocar specializes in aluminium high-pressure die casting and semi-permanent mold casting, producing complex assemblies for the automotive industry. They are a key company in the Mexican automotive parts aluminium die casting market and have received supplier awards. No specific volume estimates are available in the provided sources. Annual revenue is undefined as of a recent profile. Financial information from a 2014 acquisition is not representative of their current operations. While specific recent revenue/volume data is lacking, their focus on the automotive sector, particularly with the growth in this industry in Mexico, suggests a potentially stable or growing market position.
Ryobi Die Casting: A global manufacturer of die casting products with a significant presence in Mexico, serving the automotive industry. Ryobi Die Casting, part of the global Ryobi Group, produces high-quality aluminium casting products for the automotive sector from their facility in Irapuato, Mexico. They supply major automotive manufacturers in North America, including Mexico. Ryobi has been increasing capacity at their Mexican facility to meet demand, particularly from OEMs in Mexico and in anticipation of EV market growth. They announced a $50 million investment in their Irapuato facility in May 2024 for capacity expansion related to the EV market, indicating expected volume growth. A 2017 projection aimed for 10 million castings annually by 2021 between their US and Mexico campuses. Ryobi Die Casting's estimated annual revenue was $249.2M per year as of a recent estimate. Globally, the Ryobi Group reported revenue of $2.0 billion in 2023. Specific revenue for Mexico is not provided. The recent investment points towards anticipated growth in their Mexican operations.
AMISSA: Described as one of the most important secondary aluminium recyclers in Mexico, established in 1991. AMISSA specializes in producing secondary aluminium alloys using advanced technologies with a focus on reducing their CO2 footprint. [14, Value Chain Definition, 7, 8] They produce alloys for various industries, including automotive, electrical, and home appliances, emphasizing sustainable recycling practices. [14, Value Chain Definition, 7] No specific volume estimates are available. Estimated annual revenue is currently $507.5k per year, which appears unusually low for a major recycler and is likely an outdated or partial figure. Another reference to "Amissa Chits India Private Limited" with very low revenue is not the Mexican company. A current, reliable revenue figure for the Mexican AMISSA for 2024/2025 is not available. Despite the lack of current financial data, their description as "one of the most important" recyclers suggests a significant, likely stable or growing, presence in the secondary aluminium market, driven by increasing demand for recycled content.
REAL ALLOY: A leading company in aluminium recycling and alloy production with a presence in North America, including Mexico. [Value Chain Definition, 11] REAL ALLOY converts aluminium scrap and by-products into reusable forms like molten metal and ingot, utilizing advanced furnace systems. [Value Chain Definition] They serve clients across the region. [Value Chain Definition] No specific volume estimates for their Mexico operations are provided. [Value Chain Definition] No specific revenue figure for REAL ALLOY's Mexico operations or their overall North American operations for 2024/2025 is available in the provided sources. [Value Chain Definition] As a major recycler operating in North America, their presence in Mexico likely contributes to their overall volume and revenue, participating in the regional recycling market.
Almexa: Described as Mexico's leading manufacturer of flat-rolled aluminium products, including sheets and plates. Almexa, part of Grupo Vasconia, has multiple plant locations in Mexico and serves both the Mexican and US markets. They have strategic plans aimed at significantly increasing their production volume. Production was 15 kt in 2023, with a strategic plan to grow to 60 kt in 2027. Projected production capacity was expected to reach 90 thousand tons per year by 2026 (as of a 2021 report). They produced 8,800 tons in a quarter in 2021 and expected to exceed 35 thousand tons in 2022. Almexa's sales were MXN$702 million in a quarter in 2021. Projected revenues were $169,749 in 2024 and $221,809 in 2025 according to a strategic plan review in April 2024 (likely in thousands of USD). In 4Q21, Almexa's revenue increased by 38%. A recent profile states current revenue as undefined. Their stated strategic plan and investment indicate a clear trajectory for significant volume and revenue growth in the coming years.
Dynacast: A global manufacturer of small engineered precision components, including aluminium die castings, with manufacturing facilities in Mexico. [Value Chain Definition, 9, 16, 35, 37, 40] Dynacast serves various industries globally, such as automotive, consumer electronics, and healthcare. [Value Chain Definition] Their Mexico operations contribute to their North American sales volume, particularly in the automotive sector. [Value Chain Definition] They produce billions of components globally each year. [Value Chain Definition] Specific volume estimates for Mexico are not provided. [Value Chain Definition] Dynacast is described as a high-growth global business with plans to surpass $1 billion in revenue. Their North America segment (including Mexico, US, and Canada) had net sales of $142.5 million in 2012, which is not recent data. Specific revenue for Mexico operations is not provided in a recent context. While specific recent data for Mexico is unavailable, their global growth strategy and presence in the Mexican automotive market suggest potential for growth in their Mexican operations.
Here is a comparative overview of the players based on available volume and revenue information and indicated trends:
Player Name | Main Products/Services | Available Volume Information / Trends | Available Revenue Information / Trends (2024/2025 where available or indicated) |
---|---|---|---|
Nemak | Automotive aluminium components (powertrain, e-mobility, structural), recycled aluminium. | Operates 10 plants in Mexico. Significant global production volume. ~70% recycled aluminium usage in 2021. | Global: $3.8B (2021), $4.7B (2022), $4.1B (Q3 FY2025). Mexico-specific: Undefined. Growth indicated by global performance, but specific Mexico trend is not detailed. |
Novelis | Flat-rolled aluminium products (beverage cans, automotive), aluminium recycling. | Expanding recycling capacity in San Luis Potosí to 400,000 tonnes/year (planned growth). Global shipments comparable in Q3 FY2025. | Global: $4.1B (Q3 FY2025), $4.2B (Q3 FY23). Mexico-specific: Undefined. Growth indicated by significant investment in recycling capacity expansion. |
Cuprum / SERVICIOS CUPRUM | Aluminium products (ladders, windows, profiles), mold-injected automotive parts, sheets. | Significant consumption of secondary aluminium. Involved in capital spending for expansion (indicated growth potential). | Nuevo Leon Basic Aluminium Industry (includes Cuprum): ~$4,900M MXN (annual estimate). Mexico-specific (Cuprum consolidated): Undefined for 2024/2025. Stable/Growth indicated by market position and expansion. |
ARZYZ, S.A. DE C.V. | Secondary aluminium alloys, non-ferrous metals trading. | Operates 3 facilities. $650M plant expansion announced (planned significant growth). | Estimated Annual Revenue: $10M - $50M, older estimate >$100M. Mexico-specific: Undefined for 2024/2025. Significant growth expected based on major investment announcement. |
Bocar Group | Automotive aluminium die casting parts. | Undefined. Involved in high-pressure and semi-permanent mold casting. | Annual Revenue: Undefined. Mexico-specific: Undefined for 2024/2025. Stable/Growth potential linked to automotive industry performance in Mexico. |
Ryobi Die Casting | Automotive aluminium casting products. | Increasing capacity in Mexico. $50M investment for EV market capacity (planned growth). 2017 projection: 10M castings/year (US+Mexico by 2021). | Estimated Annual Revenue (Ryobi Die Casting entity): $249.2M. Global (Ryobi Group): $2.0B (2023). Mexico-specific: Undefined. Growth anticipated due to investment and EV market focus. |
AMISSA | Secondary aluminium alloys (recycling). | Processes aluminium scrap for alloys. [14, Value Chain Definition] No specific volume estimates. | Estimated Annual Revenue: $507.5k (likely outdated/partial estimate). Mexico-specific: Undefined for 2024/2025. Stable/Growth potential as a major recycler in a market with increasing recycling focus. |
REAL ALLOY | Aluminium recycling and alloy production. | Processes aluminium scrap and by-products. [Value Chain Definition] No specific volume estimates for Mexico. [Value Chain Definition] | North America/Mexico: Undefined for 2024/2025. Stable/Growth potential as a major regional recycler. |
Almexa | Flat-rolled aluminium products (sheets, plates). | 15 kt (2023). Plan to grow to 60 kt (2027). Capacity projected to 90 kt/year (by 2026 per 2021 report). Significant planned growth. | Sales (Quarter 2021): MXN$702M. Projected Revenue (2024): $169,749 (likely thousands USD). Projected Revenue (2025): $221,809 (likely thousands USD). Growth trajectory clearly indicated by strategic plan. |
Dynacast | Small engineered precision components, including aluminium die castings. | Billions of components globally annually. [Value Chain Definition] No specific volume estimates for Mexico. [Value Chain Definition] | Global Business Plan: Surpass $1B. North America (including Mexico, US, Canada) Net Sales (2012): $142.5M. Mexico-specific: Undefined for 2024/2025. Growth potential linked to global strategy and automotive market. |
Summary of Growth/Decline:
Based on the available data, several key players in the Mexican aluminium industry are actively pursuing growth strategies, particularly through significant investments in capacity expansion. Novelis is expanding its recycling capacity, ARZYZ is undertaking a major plant expansion, Ryobi Die Casting is investing in its facility for EV market demand, and Almexa has a clear strategic plan for substantial volume and revenue growth in flat-rolled products. While precise 2024/2025 revenue and volume data for Mexican operations are often not explicitly provided for all companies, the announced investments and strategic plans indicate a prevailing trend of anticipated growth among these major players, driven by factors such as increased recycling demand, growth in the automotive sector (including EVs), and expansion in construction and industrial markets. For companies focused on the automotive sector like Nemak, Bocar, and Ryobi Die Casting, their performance is closely tied to the health and growth of automotive manufacturing in Mexico.
References¶
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