Product Code: ETC033409 | 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 cold formed steel market is expected to grow at a CAGR of around 5.8% during the forecast period 2025-2031. The growing demand for energy efficient buildings, increasing industrial growth and rapid urbanization are some of the key drivers that will contribute to the growth of the cold formed steel market in Philippines over the forecast period
Cold formed steels offer superior strength, durability and aesthetic appeal when compared to other traditional building materials such as concrete or timber. This makes them an ideal choice for contemporary construction projects where weight reduction is required without compromising on quality. Additionally, the companies are investing heavily in research & development activities to develop new technologies that can make production process more efficient resulting in cost savings as well as improved product qualities like higher strength and better ductility which will enable companies to meet customer demands efficiently. Further, the automotive industry has been witnessing strong demand due to increased vehicle sales which has resulted in rising demand for cold rolled steels used mainly in manufacturing components like body panels, chassis frames, etc., thereby driving the overall growth of this segment globally including Philippines over last few years.
Increased construction activities across residential & commercial sectors: Investment into commercial real estate segments have grown significantly across major cities owing to presence of multinational companies looking out for office space along with emergence of high rise buildings; thus providing impetus towards increased utilization of advanced building materials such as cold rolled steels for their structural integrity and enhanced aesthetics appeal contributing towards overall market expansion throughout Philippine region over next few years ahead. Additionally, an increasing industrialization coupled with favorable government policies towards investment into infrastructure related developments will further supplement overall market share worldwide including Philippine region over projected timeline significantly.
High cost associated with installation & maintenance activities might limit certain customers who prefer economical solutions leading stagnation within particular sector eventually hindering billions worth revenue generation amidst pandemic crisis situation observed recently all around globe especially pertaining Asian regions hence restraining entire business landscape globally including Philippine region drastically since past couple months unexpectedly until stabilization resumes back again soon enough after complete eradication occurs successfully against COVID 19 virus infection spread completely whenever it happens finally sometime later near future eventually hopefully sooner rather than later accordingly probably most likely so fingers crossed everybody.
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 Cold Formed Steel Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cold Formed Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cold Formed Steel Market - Industry Life Cycle |
3.4 Philippines Cold Formed Steel Market - Porter's Five Forces |
3.5 Philippines Cold Formed Steel Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Cold Formed Steel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cold Formed Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cold Formed Steel Market Trends |
6 Philippines Cold Formed Steel Market, By Types |
6.1 Philippines Cold Formed Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cold Formed Steel Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Cold Formed Steel Market Revenues & Volume, By Steel Sheet, 2021-2031F |
6.1.4 Philippines Cold Formed Steel Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Philippines Cold Formed Steel Market Revenues & Volume, By Plate, 2021-2031F |
6.1.6 Philippines Cold Formed Steel Market Revenues & Volume, By Flat Bar, 2021-2031F |
6.2 Philippines Cold Formed Steel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cold Formed Steel Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Philippines Cold Formed Steel Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Philippines Cold Formed Steel Market Revenues & Volume, By Appliances, 2021-2031F |
6.2.5 Philippines Cold Formed Steel Market Revenues & Volume, By Machinery Parts, 2021-2031F |
6.2.6 Philippines Cold Formed Steel Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Philippines Cold Formed Steel Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Cold Formed Steel Market Import-Export Trade Statistics |
7.1 Philippines Cold Formed Steel Market Export to Major Countries |
7.2 Philippines Cold Formed Steel Market Imports from Major Countries |
8 Philippines Cold Formed Steel Market Key Performance Indicators |
9 Philippines Cold Formed Steel Market - Opportunity Assessment |
9.1 Philippines Cold Formed Steel Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Cold Formed Steel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cold Formed Steel Market - Competitive Landscape |
10.1 Philippines Cold Formed Steel Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cold Formed Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |