| Product Code: ETC316169 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in growth rate in 2024, the Philippines continued to import a significant amount of building and construction plastic, with top exporters being China, Japan, Singapore, Germany, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was moderate at 2.59%, suggesting a steady increase in imports over the years. It will be essential for market players to monitor changes in trade dynamics and adapt their strategies accordingly to navigate the evolving landscape.

The Philippines buckle market has demonstrated consistent growth with a CAGR of 7% over the past years. Buckles are essential components in various industries, including fashion, luggage, and outdoor equipment. As the demand for these products continues to rise, the buckle market is anticipated to maintain its upward trend, driven by both domestic consumption and export opportunities.
The demand for building and construction plastics in the Philippines is driven by the booming construction industry and the versatility of plastic materials in various applications. Plastics are used in roofing, insulation, pipes, and other building components. The market growth is influenced by cost-effectiveness, ease of installation, and the need for energy-efficient and durable construction solutions.
The challenges in the Philippines building and construction plastic market include managing plastic waste and promoting sustainable construction practices. Finding alternatives to single-use plastics in construction materials and addressing the environmental impact of plastic waste are pressing concerns. The industry must actively engage in recycling initiatives and promote the use of eco-friendly materials.
The Philippines building and construction plastic market has experienced challenges during the pandemic due to disruptions in the construction sector and reduced demand for plastic products. However, as construction activities gradually resume and demand for plastic products increases, the market is expected to rebound. The market is projected to recover as construction activities pick up.
Key Players in the market include Dow Chemical Company, BASF SE, DuPont de Nemours, Inc., LyondellBasell Industries N.V., and Borealis AG.
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 Building And Construction Plastic Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Building And Construction Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Building And Construction Plastic Market - Industry Life Cycle |
3.4 Philippines Building And Construction Plastic Market - Porter's Five Forces |
3.5 Philippines Building And Construction Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Building And Construction Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Building And Construction Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for residential and commercial construction projects. |
4.2.2 Government initiatives and investments in infrastructure development. |
4.2.3 Growing awareness and adoption of environmentally friendly construction materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Regulatory challenges and compliance requirements in the plastic industry. |
4.3.3 Competition from alternative materials such as steel and concrete in the construction sector. |
5 Philippines Building And Construction Plastic Market Trends |
6 Philippines Building And Construction Plastic Market, By Types |
6.1 Philippines Building And Construction Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Building And Construction Plastic Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Building And Construction Plastic Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.1.4 Philippines Building And Construction Plastic Market Revenues & Volume, By Thermosetting Plastic, 2021-2031F |
6.2 Philippines Building And Construction Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Building And Construction Plastic Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.3 Philippines Building And Construction Plastic Market Revenues & Volume, By Window and Door Panel, 2021-2031F |
6.2.4 Philippines Building And Construction Plastic Market Revenues & Volume, By Siding, 2021-2031F |
6.2.5 Philippines Building And Construction Plastic Market Revenues & Volume, By Piping, 2021-2031F |
6.2.6 Philippines Building And Construction Plastic Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.7 Philippines Building And Construction Plastic Market Revenues & Volume, By Insulation, 2021-2031F |
7 Philippines Building And Construction Plastic Market Import-Export Trade Statistics |
7.1 Philippines Building And Construction Plastic Market Export to Major Countries |
7.2 Philippines Building And Construction Plastic Market Imports from Major Countries |
8 Philippines Building And Construction Plastic Market Key Performance Indicators |
8.1 Average selling price of building and construction plastics. |
8.2 Percentage of recycled materials used in plastic construction products. |
8.3 Number of new construction projects utilizing plastic materials. |
8.4 Adoption rate of innovative plastic construction technologies. |
8.5 Percentage of construction projects incorporating sustainable building practices. |
9 Philippines Building And Construction Plastic Market - Opportunity Assessment |
9.1 Philippines Building And Construction Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Building And Construction Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Building And Construction Plastic Market - Competitive Landscape |
10.1 Philippines Building And Construction Plastic Market Revenue Share, By Companies, 2024 |
10.2 Philippines Building And Construction Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |