Product Code: ETC008809 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines non-metallic mineral deposit market is estimated to witness a CAGR of 5.8% during the forecast period 2025-2031. The demand from construction and manufacturing industries are driving the growth for this sector in the country. Moreover, government initiatives such as National Greening Program (NGP) also contribute significantly towards the growth of this sector. Additionally, the growing demand for housing, commercial buildings, roads, bridges, and other infrastructure projects fuels the demand for non-metallic minerals such as limestone, silica, clay, gravel, and sand. These minerals are essential for construction materials, including cement, concrete, and aggregates. Further, the Philippines is experiencing rapid urbanization and population growth, leading to increased demand for construction materials. As more people migrate to urban areas, there is a need for residential and commercial buildings, which drives the demand for non-metallic minerals.
The Philippines has been experiencing rapid urbanization and infrastructure development in recent years. The construction industry demands a substantial amount of non-metallic minerals for various applications, such as aggregates for concrete, asphalt, and road construction. The government`s focus on infrastructure development projects like roads, bridges, airports, and seaports stimulates the demand for non-metallic minerals. Additionally, the real estate sector in the Philippines has been thriving due to population growth, urban migration, and increased foreign investments. Non-metallic minerals like limestone and marble are extensively used in the construction of residential, commercial, and industrial buildings. The demand for these minerals is driven by the need for high-quality construction materials.
Some major players operating in Philippines non-metallic mineral deposit market include VMC Group, Nickel Asia Corporation, Philippine Mining Development Corp., Krominco Inc., Oceanagold Phil., San Miguel Yamamura Packaging Corp., Apex Mining Co. Inc., Calibrated Construction Materials Incorporated, Bayan Resources Phils Ltd., GMA Network and others.
The outbreak of coronavirus has drastically affected all sectors including mining sector across Philippines as it imposed lockdowns thereby suspending most operations making difficult for miners/manufacturers working with these materials which led them into liquidity crisis or financial losses thus resulting in lower exports and imports over short term period while long term impact can be seen only after some time when complete situation will emerge out from pandemic effects
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Non-Metallic Mineral Deposit Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Non-Metallic Mineral Deposit Market - Industry Life Cycle |
3.4 Philippines Non-Metallic Mineral Deposit Market - Porter's Five Forces |
3.5 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume Share, By Form Types, 2021 & 2031F |
3.6 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Non-Metallic Mineral Deposit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Non-Metallic Mineral Deposit Market Trends |
6 Philippines Non-Metallic Mineral Deposit Market, By Types |
6.1 Philippines Non-Metallic Mineral Deposit Market, By Form Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Form Types, 2021-2031F |
6.1.3 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Powder Form, 2021-2031F |
6.1.4 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Liquid Form, 2021-2031F |
6.2 Philippines Non-Metallic Mineral Deposit Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Jewellery, 2021-2031F |
6.2.4 Philippines Non-Metallic Mineral Deposit Market Revenues & Volume, By Iron & Ore, 2021-2031F |
7 Philippines Non-Metallic Mineral Deposit Market Import-Export Trade Statistics |
7.1 Philippines Non-Metallic Mineral Deposit Market Export to Major Countries |
7.2 Philippines Non-Metallic Mineral Deposit Market Imports from Major Countries |
8 Philippines Non-Metallic Mineral Deposit Market Key Performance Indicators |
9 Philippines Non-Metallic Mineral Deposit Market - Opportunity Assessment |
9.1 Philippines Non-Metallic Mineral Deposit Market Opportunity Assessment, By Form Types, 2021 & 2031F |
9.2 Philippines Non-Metallic Mineral Deposit Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Non-Metallic Mineral Deposit Market - Competitive Landscape |
10.1 Philippines Non-Metallic Mineral Deposit Market Revenue Share, By Companies, 2024 |
10.2 Philippines Non-Metallic Mineral Deposit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |