Product Code: ETC8836501 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The brass rods market is growing as demand rises from the construction, automotive, and electrical industries. Local manufacturing is supported by investments in advanced extrusion technologies and a steady supply of raw materials.
The brass rods market in the Philippines is experiencing steady growth, supported by demand from construction, electrical, and automotive sectors. Brass rods are valued for their corrosion resistance, machinability, and electrical conductivity. As infrastructure projects and manufacturing activities expand, the demand for brass rods in various applications is expected to rise.
The brass rods market in the Philippines faces challenges such as fluctuations in copper prices, which directly affect the production costs of brass products. There is also the challenge of international competition from cheaper imported products, which makes it difficult for local manufacturers to stay competitive. Additionally, the lack of a robust recycling system for brass materials limits the sustainability and availability of raw materials for production.
The Brass Rods market in the Philippines is experiencing growth, driven by demand from industries such as construction, automotive, and manufacturing. Brass rods are used in a variety of applications, from plumbing to electrical components. Investors can tap into opportunities in the production, distribution, and supply of brass rods to various industries that require durable, corrosion-resistant materials.
The Philippines government oversees the brass rods market through regulations enforced by the Department of Trade and Industry (DTI) and the Bureau of Customs. These policies focus on ensuring the quality and compliance of brass products with industry standards. The government encourages the local production of brass rods to reduce dependency on imports and supports the implementation of recycling initiatives to reduce waste and promote sustainability within the metal industry. Additionally, regulations are in place to ensure the proper handling of raw materials, aiming to minimize environmental impacts.
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 Brass Rods Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Brass Rods Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Brass Rods Market - Industry Life Cycle |
3.4 Philippines Brass Rods Market - Porter's Five Forces |
3.5 Philippines Brass Rods Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Philippines Brass Rods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Philippines Brass Rods Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Brass Rods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Brass Rods Market Trends |
6 Philippines Brass Rods Market, By Types |
6.1 Philippines Brass Rods Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Philippines Brass Rods Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Philippines Brass Rods Market Revenues & Volume, By Free-cutting Brass Rods, 2021- 2031F |
6.1.4 Philippines Brass Rods Market Revenues & Volume, By Forging Brass Rods, 2021- 2031F |
6.1.5 Philippines Brass Rods Market Revenues & Volume, By High-tensile Brass Rods, 2021- 2031F |
6.1.6 Philippines Brass Rods Market Revenues & Volume, By Naval Brass Rods, 2021- 2031F |
6.1.7 Philippines Brass Rods Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Brass Rods Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Brass Rods Market Revenues & Volume, By Extruded Rods, 2021- 2031F |
6.2.3 Philippines Brass Rods Market Revenues & Volume, By Hollow Rods, 2021- 2031F |
6.3 Philippines Brass Rods Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Brass Rods Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.3.3 Philippines Brass Rods Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Philippines Brass Rods Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.3.5 Philippines Brass Rods Market Revenues & Volume, By Plumbing Fittings, 2021- 2031F |
6.3.6 Philippines Brass Rods Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Brass Rods Market Import-Export Trade Statistics |
7.1 Philippines Brass Rods Market Export to Major Countries |
7.2 Philippines Brass Rods Market Imports from Major Countries |
8 Philippines Brass Rods Market Key Performance Indicators |
9 Philippines Brass Rods Market - Opportunity Assessment |
9.1 Philippines Brass Rods Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Philippines Brass Rods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Philippines Brass Rods Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Brass Rods Market - Competitive Landscape |
10.1 Philippines Brass Rods Market Revenue Share, By Companies, 2024 |
10.2 Philippines Brass Rods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |