| Product Code: ETC8843176 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to be a prominent market for CRNO steel lamination imports, with significant shipments coming from key Asian countries such as China, Japan, South Korea, Taiwan, Province of China, and Vietnam in 2024. Despite high concentration levels, the market has shown strong growth potential with a CAGR of 6.4% from 2020 to 2024. The impressive growth rate of 49.4% from 2023 to 2024 indicates a thriving demand for CRNO steel lamination in the Philippines, making it an attractive market for exporters in the region.

The market for Cold Rolled Non-Oriented (CRNO) steel lamination between the Philippines and India is characterized by trade in electrical steel used in transformers and motors. As energy infrastructure expands in the Philippines, demand for CRNO steel is rising, with India serving as a key exporter. Regulatory standards and pricing dynamics between the two countries influence trade flow and market development.
Trade flows involving Cold Rolled Non-Oriented (CRNO) steel lamination between India and the Philippines are growing due to rising demand in electric motors and automotive components. Import reliance on Indian suppliers supports localized electrical manufacturing and infrastructure production.
The market for cold-rolled non-oriented (CRNO) steel laminations between the Philippines and India faces logistical bottlenecks due to inconsistent shipping schedules and customs delays. Fluctuating steel prices, dependence on imports for raw materials, and currency volatility further affect the stability of supply and pricing. There are also issues related to the lack of standardization in quality requirements between the two countries, complicating cross-border agreements and industrial partnerships.
The electrical steel lamination marketparticularly CRNO (Cold Rolled Non-Oriented)is essential for motor and transformer manufacturing. Investors from India or multinationals can establish joint ventures or subsidiaries in the Philippines for local production or assembly. Proximity to Southeast Asian markets, combined with the countrys push for renewable energy and electrification, creates favorable conditions for setting up lamination facilities and entering industrial supply chains.
This market is influenced by policies on trade and industrial cooperation between India and the Philippines. The Department of Trade and Industry regulates steel imports and promotes localization through industrial upgrading strategies. Import duties, local content policies, and standards certifications also play a role in managing the quality and competitiveness of cold-rolled non-oriented (CRNO) steel laminations in electrical applications.
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 CRNO Steel Lamination Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines CRNO Steel Lamination Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines CRNO Steel Lamination Market - Industry Life Cycle |
3.4 Philippines CRNO Steel Lamination Market - Porter's Five Forces |
3.5 Philippines CRNO Steel Lamination Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.6 Philippines CRNO Steel Lamination Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines CRNO Steel Lamination Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Philippines CRNO Steel Lamination Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient appliances and electronic devices, which require CRNO steel laminations for their manufacturing. |
4.2.2 Increasing investments in infrastructure projects and construction activities in the Philippines, boosting the demand for CRNO steel laminations. |
4.2.3 Rising automotive production and sales in the country, driving the need for CRNO steel laminations in the manufacturing of vehicles. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of CRNO steel laminations. |
4.3.2 Competition from substitute materials or technologies that may hinder the market growth of CRNO steel laminations in the Philippines. |
5 Philippines CRNO Steel Lamination Market Trends |
6 Philippines CRNO Steel Lamination Market, By Types |
6.1 Philippines CRNO Steel Lamination Market, By Coating Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines CRNO Steel Lamination Market Revenues & Volume, By Coating Type, 2021- 2031F |
6.1.3 Philippines CRNO Steel Lamination Market Revenues & Volume, By Thick Coating, 2021- 2031F |
6.1.4 Philippines CRNO Steel Lamination Market Revenues & Volume, By Thin/Normal Coating, 2021- 2031F |
6.2 Philippines CRNO Steel Lamination Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines CRNO Steel Lamination Market Revenues & Volume, By Power & Distribution Transformer, 2021- 2031F |
6.2.3 Philippines CRNO Steel Lamination Market Revenues & Volume, By Motor, 2021- 2031F |
6.2.4 Philippines CRNO Steel Lamination Market Revenues & Volume, By Inductor, 2021- 2031F |
6.2.5 Philippines CRNO Steel Lamination Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines CRNO Steel Lamination Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines CRNO Steel Lamination Market Revenues & Volume, By Energy & Power, 2021- 2031F |
6.3.3 Philippines CRNO Steel Lamination Market Revenues & Volume, By Automobile, 2021- 2031F |
6.3.4 Philippines CRNO Steel Lamination Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.3.5 Philippines CRNO Steel Lamination Market Revenues & Volume, By Home Appliance, 2021- 2031F |
6.3.6 Philippines CRNO Steel Lamination Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines CRNO Steel Lamination Market Import-Export Trade Statistics |
7.1 Philippines CRNO Steel Lamination Market Export to Major Countries |
7.2 Philippines CRNO Steel Lamination Market Imports from Major Countries |
8 Philippines CRNO Steel Lamination Market Key Performance Indicators |
8.1 Average selling price of CRNO steel laminations in the Philippines. |
8.2 Capacity utilization rate of CRNO steel lamination manufacturing facilities in the country. |
8.3 Number of new product developments or innovations in the CRNO steel lamination market segment in the Philippines. |
8.4 Percentage of CRNO steel lamination imports versus domestic production in the Philippines. |
8.5 Energy efficiency improvements achieved through the use of CRNO steel laminations in various applications in the country. |
9 Philippines CRNO Steel Lamination Market - Opportunity Assessment |
9.1 Philippines CRNO Steel Lamination Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.2 Philippines CRNO Steel Lamination Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines CRNO Steel Lamination Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Philippines CRNO Steel Lamination Market - Competitive Landscape |
10.1 Philippines CRNO Steel Lamination Market Revenue Share, By Companies, 2024 |
10.2 Philippines CRNO Steel Lamination Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |