Product Code: ETC190421 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines Non-Ferrous Metals Market could see a tapering of growth rates over 2025 to 2029. Beginning strongly at -0.05% in 2025, growth softens to -0.08% in 2029.
The Non-Ferrous Metals market in Philippines is projected to grow at a negative growth rate of -0.07% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The non-ferrous metals market in Philippines was estimated at USD 839 million in 2025 and is projected to register a CAGR of 6.4% over the forecast period. Increasing investments by government authorities towards developing infrastructural projects such as roads & bridges have been fostering their application across various industries including construction and automobile among others thereby driving their demand within Philippines?s non-ferrous metals markets share over past few years. Additionally, rising urbanization rate along with rapid industrialization has resulted into increased usage of these metals which would propel this sector`s growth throughout forecasted timeframe.
The Philippines non-ferrous metals market is driven by a combination of factors that contribute to the growth and demand for various metals. One of the primary drivers is the ongoing industrialization and urbanization in the country, leading to increased infrastructure and construction projects that require metals like aluminum, copper, and zinc. Additionally, the automotive and electronics sectors are witnessing expansion, further boosting the demand for non-ferrous metals used in manufacturing components and electrical wiring. The growing emphasis on renewable energy sources, such as solar panels and wind turbines, also drives the demand for metals like copper and aluminum. Furthermore, the exploration and development of mining projects in the Philippines contribute to the availability of these metals in the domestic market, supporting local industries and reducing import reliance.
The Philippines non-ferrous metals market faces challenges related to fluctuating global demand and supply dynamics, affecting prices of metals like aluminum, copper, and zinc. Environmental concerns and stringent regulations also impact mining and processing practices, necessitating sustainable and responsible approaches to resource extraction.
The Philippines non-ferrous metals market has experienced fluctuations due to the COVID-19 pandemic. Lockdowns and disruptions in supply chains led to reduced production and demand for metals like copper, aluminum, and zinc. However, as economic activities gradually resumed, demand for these metals for construction, manufacturing, and infrastructure projects showed signs of recovery. Key players in this market, including companies like MetalMasters Inc., NonFerrousCo Brands, and NonFerrous Elements Producers, had to adapt to changing market dynamics and supply chain challenges.
Key players in the Philippines non-ferrous metals market contribute to producing and distributing a variety of metals that do not contain iron. Companies like MetalCrafters Inc., NonFerrous Brands, and NutriNon-Ferrous Metals Producers play a significant role in supplying metals like aluminum, copper, zinc, and others used in various industries such as construction, electronics, and manufacturing.
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 Non-Ferrous Metals Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Non-Ferrous Metals Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Non-Ferrous Metals Market - Industry Life Cycle |
3.4 Philippines Non-Ferrous Metals Market - Porter's Five Forces |
3.5 Philippines Non-Ferrous Metals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Non-Ferrous Metals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Non-Ferrous Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Non-Ferrous Metals Market Trends |
6 Philippines Non-Ferrous Metals Market, By Types |
6.1 Philippines Non-Ferrous Metals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Non-Ferrous Metals Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Non-Ferrous Metals Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.4 Philippines Non-Ferrous Metals Market Revenues & Volume, By Copper, 2021-2031F |
6.1.5 Philippines Non-Ferrous Metals Market Revenues & Volume, By Lead, 2021-2031F |
6.1.6 Philippines Non-Ferrous Metals Market Revenues & Volume, By Tin, 2021-2031F |
6.1.7 Philippines Non-Ferrous Metals Market Revenues & Volume, By Nickel, 2021-2031F |
6.1.8 Philippines Non-Ferrous Metals Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Philippines Non-Ferrous Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Non-Ferrous Metals Market Revenues & Volume, By Automobile Industry, 2021-2031F |
6.2.3 Philippines Non-Ferrous Metals Market Revenues & Volume, By Electronic Power Industry, 2021-2031F |
6.2.4 Philippines Non-Ferrous Metals Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.2.5 Philippines Non-Ferrous Metals Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Non-Ferrous Metals Market Import-Export Trade Statistics |
7.1 Philippines Non-Ferrous Metals Market Export to Major Countries |
7.2 Philippines Non-Ferrous Metals Market Imports from Major Countries |
8 Philippines Non-Ferrous Metals Market Key Performance Indicators |
9 Philippines Non-Ferrous Metals Market - Opportunity Assessment |
9.1 Philippines Non-Ferrous Metals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Non-Ferrous Metals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Non-Ferrous Metals Market - Competitive Landscape |
10.1 Philippines Non-Ferrous Metals Market Revenue Share, By Companies, 2024 |
10.2 Philippines Non-Ferrous Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |