| Product Code: ETC8834427 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines experienced a significant increase in aluminum forging import shipments in 2024, with top exporting countries being China, Taiwan, Japan, Angola, and the USA. The market concentration, as measured by the HHI, intensified from high to very high in 2024, indicating a more consolidated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 18.23%, demonstrating robust expansion within the industry. Moreover, the growth rate from 2023 to 2024 was recorded at 7.46%, highlighting sustained momentum in aluminum forging imports.

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 Aluminum Forging Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Aluminum Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Aluminum Forging Market - Industry Life Cycle |
3.4 Philippines Aluminum Forging Market - Porter's Five Forces |
3.5 Philippines Aluminum Forging Market Revenues & Volume Share, By Forging Type, 2021 & 2031F |
3.6 Philippines Aluminum Forging Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Philippines Aluminum Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight components in automotive and aerospace industries, driving the need for aluminum forging. |
4.2.2 Growing infrastructure projects in the Philippines, leading to higher demand for aluminum forged products. |
4.2.3 Advancements in aluminum forging technology, improving efficiency and expanding the product range. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs and profitability. |
4.3.2 Intense competition from alternative materials like steel and composites. |
4.3.3 Regulatory challenges and environmental concerns related to aluminum forging processes. |
5 Philippines Aluminum Forging Market Trends |
6 Philippines Aluminum Forging Market, By Types |
6.1 Philippines Aluminum Forging Market, By Forging Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Aluminum Forging Market Revenues & Volume, By Forging Type, 2021- 2031F |
6.1.3 Philippines Aluminum Forging Market Revenues & Volume, By Open Die Forging, 2021- 2031F |
6.1.4 Philippines Aluminum Forging Market Revenues & Volume, By Close Die Forging, 2021- 2031F |
6.1.5 Philippines Aluminum Forging Market Revenues & Volume, By ARing Rolled Forging, 2021- 2031F |
6.2 Philippines Aluminum Forging Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Aluminum Forging Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Philippines Aluminum Forging Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Philippines Aluminum Forging Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 Philippines Aluminum Forging Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Philippines Aluminum Forging Market Revenues & Volume, By Other End-User Industries, 2021- 2031F |
7 Philippines Aluminum Forging Market Import-Export Trade Statistics |
7.1 Philippines Aluminum Forging Market Export to Major Countries |
7.2 Philippines Aluminum Forging Market Imports from Major Countries |
8 Philippines Aluminum Forging Market Key Performance Indicators |
8.1 Percentage increase in the adoption of aluminum forging technology in key industries. |
8.2 Efficiency improvement metrics in aluminum forging processes. |
8.3 Number of new product developments and innovations in the Philippines aluminum forging market. |
8.4 Environmental sustainability metrics in aluminum forging operations. |
8.5 Percentage growth in export/import of aluminum forged products in the Philippines. |
9 Philippines Aluminum Forging Market - Opportunity Assessment |
9.1 Philippines Aluminum Forging Market Opportunity Assessment, By Forging Type, 2021 & 2031F |
9.2 Philippines Aluminum Forging Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Philippines Aluminum Forging Market - Competitive Landscape |
10.1 Philippines Aluminum Forging Market Revenue Share, By Companies, 2024 |
10.2 Philippines Aluminum Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |