Market Forecast By Scrap Type (Old Scrap, New Scrap), By Type (Ferrous, Non-Ferrous), By Equipment (Shredders, Shears, Granulating Machines, Briquetting Machines), By End-use Sector (Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Packaging, Consumer Appliances, Others) And Competitive Landscape
Product Code: ETC212321 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
According to 6Wresearch internal database and industry insights, the Philippines Metal Recycling Market is projected to witness steady growth fueled by increasing environmental awareness, industrial demand for secondary raw materials, and waste management initiatives, reflecting a compound annual growth rate (CAGR) of approximately 6.8% from 2025 to 2031.
Report Name | Philippines Metal Recycling Market |
Forecast period | 2025-2031 |
CAGR | 6.8% |
Growing Sector | Waste Management |
The Philippines Metal Recycling Market report thoroughly covers the market by Scrap Type, Type Equipment, and End Use Sector. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Philippines metal recycling market growth has been steady due to growing urbanisation and industrialisation. The rising awareness of environmental concerns, aligned with increasing raw material costs, is driving manufacturers and industries to shift towards recycled metals and further supporting the market growth. Additionally, the role of metal recycling is vital as it helps to decrease emissions, energy consumption, and lessen environmental degradation. Overall, the ongoing growth of the construction, automotive, and manufacturing sectors across the country has propelled the demand for recycled ferrous and non-ferrous metals.
The Philippines Metal Recycling Market is anticipated to grow at a CAGR of 6.8% during the forecast period 2025-2031. Several key drivers are driving the steady growth of the Philippines metal recycling market. Key drivers such as growing scrap metal collection infrastructure, favourable government policies, and increasing private sector investment in recycling technology support the steady growth of the market. Furthermore, the role of the participation of informal sector collectors and public-private partnerships is vital to mounting sorting networks and scrap collection. Moreover, rising global pressure to enhance circular economy practices and import-export regulations also contributes significantly to the steady growth of the market.
Despite steady growth, the Philippines metal recycling market faces several challenges. In rural and semi-urban areas, inadequate recycling infrastructure limits collection efficiency. Furthermore, issues such as the lack of a skilled workforce and advanced processing facilities pose a major challenge by affecting the scalability. Additionally, limited domestic demand for certain recycled metals and changing global metal prices pose hurdles by impacting the profitability uncertain for small recyclers also hampering the growth of the market.
Several trends are shaping the metal recycling market in the Philippines. The rising shift toward automation and the use of advanced sorting technologies to improve metal recovery rates is the key trend supporting the market growth. Additionally, the rising adoption of eco-friendly and low-emission recycling processes is due to environmental compliance norms. Moreover, the rise of digital scrap marketplaces is enhancing supply chain transparency and connecting recyclers to broader buyer bases are another key trends boosting the robust expansion of the market.
The Philippines metal recycling industry presents several investment opportunities across the value chain. Advanced processing and shredding facilities, mainly in urban and industrial zones, offer strong market potential. Additionally, the development of regional scrap collection centres with logistics support offers promising opportunities Moreover, companies can focus on the Technology integration for quality grading, metal detection, and supply chain tracking, encouraging long-term growth in the market, also shaping the market dynamics.
Key players in the Philippines metal recycling market include HMR Philippines, United Metal Recycling, Eco-System Technologies Inc., and Janstar Metal Fabrication. These companies maintain a competitive advantage through supply chain integration, regional collection networks, environmental certifications, and partnerships with commercial end-users, also helping them to remain leading players in the market.
According to Philippines government data, the government has been launching various strict regulations in the Philippines metal recycling market. The industry is regulated under the Ecological Solid Waste Management Act, which focuses on promoting reuse, waste reduction, and recycling across the country. Additionally, import and export of scrap metal are also regulated to ensure environmental compliance due to rising awareness regarding environmental concerns. Moreover, active government support for green industries and circular economy initiatives is boosting the robust growth of the market across the country.
The Philippines metal recycling market is expected to witness robust growth in the future, supported by rising raw material demand, sustainability goals, and stronger industry participation. Additionally, the rising adoption of technology, investment in logistics and sorting, and collaboration between stakeholders will likely drive the steady expansion of the market in the upcoming years. Moreover, factors such as growth in urban construction, electronics, and manufacturing will further fuel the market growth in the coming years.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Mansi Kaushik, Senior Research Analyst at 6Wresearch, Ferrous metals dominate the Philippines metal recycling market. These include scrap iron and steel, which are widely used in construction, automotive, and infrastructure sectors. Ferrous metals are easier to source and recycle, making them the most processed and traded category.
Shredders hold the largest Philippines metal recycling market share, as they are widely used for breaking down bulky scrap metal into manageable sizes for further processing and refining. Their efficiency, speed, and ability to handle both ferrous and non-ferrous metals make them the most preferred recycling equipment.
The Market report covers a detailed analysis of the following market segments:
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 Metal Recycling Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Metal Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Metal Recycling Market - Industry Life Cycle |
3.4 Philippines Metal Recycling Market - Porter's Five Forces |
3.5 Philippines Metal Recycling Market Revenues & Volume Share, By Scrap Type, 2021 & 2031F |
3.6 Philippines Metal Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Metal Recycling Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.8 Philippines Metal Recycling Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Philippines Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Metal Recycling Market Trends |
6 Philippines Metal Recycling Market, By Types |
6.1 Philippines Metal Recycling Market, By Scrap Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Metal Recycling Market Revenues & Volume, By Scrap Type, 2021-2031F |
6.1.3 Philippines Metal Recycling Market Revenues & Volume, By Old Scrap, 2021-2031F |
6.1.4 Philippines Metal Recycling Market Revenues & Volume, By New Scrap, 2021-2031F |
6.2 Philippines Metal Recycling Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Metal Recycling Market Revenues & Volume, By Ferrous, 2021-2031F |
6.2.3 Philippines Metal Recycling Market Revenues & Volume, By Non-Ferrous, 2021-2031F |
6.3 Philippines Metal Recycling Market, By Equipment |
6.3.1 Overview and Analysis |
6.3.2 Philippines Metal Recycling Market Revenues & Volume, By Shredders, 2021-2031F |
6.3.3 Philippines Metal Recycling Market Revenues & Volume, By Shears, 2021-2031F |
6.3.4 Philippines Metal Recycling Market Revenues & Volume, By Granulating Machines, 2021-2031F |
6.3.5 Philippines Metal Recycling Market Revenues & Volume, By Briquetting Machines, 2021-2031F |
6.4 Philippines Metal Recycling Market, By End-use Sector |
6.4.1 Overview and Analysis |
6.4.2 Philippines Metal Recycling Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.4.3 Philippines Metal Recycling Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Philippines Metal Recycling Market Revenues & Volume, By Equipment Manufacturing, 2021-2031F |
6.4.5 Philippines Metal Recycling Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.4.6 Philippines Metal Recycling Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Philippines Metal Recycling Market Revenues & Volume, By Consumer Appliances, 2021-2031F |
7 Philippines Metal Recycling Market Import-Export Trade Statistics |
7.1 Philippines Metal Recycling Market Export to Major Countries |
7.2 Philippines Metal Recycling Market Imports from Major Countries |
8 Philippines Metal Recycling Market Key Performance Indicators |
9 Philippines Metal Recycling Market - Opportunity Assessment |
9.1 Philippines Metal Recycling Market Opportunity Assessment, By Scrap Type, 2021 & 2031F |
9.2 Philippines Metal Recycling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Metal Recycling Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.4 Philippines Metal Recycling Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Philippines Metal Recycling Market - Competitive Landscape |
10.1 Philippines Metal Recycling Market Revenue Share, By Companies, 2024 |
10.2 Philippines Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |