| Product Code: ETC8836090 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to import below-grade waterproofing membranes predominantly from Italy, Egypt, China, South Korea, and India. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a steady Compound Annual Growth Rate (CAGR) of 4.69% over the period of 2020-2024. The market exhibited high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). This data suggests a stable demand for waterproofing solutions in the Philippines, with key players from various countries contributing to the market`s growth.

This construction market is growing in urban regions with increased infrastructure projects like basements, subways, and parking structures. Waterproofing membranes protect structures from groundwater infiltration. The market includes bituminous, PVC, and composite membranes, with rising interest in eco-friendly and self-healing materials. Developers prioritize durability and compliance with updated building codes.
The below grade waterproofing membrane market is growing alongside the expansion of infrastructure and real estate development in the Philippines. Demand is fueled by the need to protect underground structures like basements, tunnels, and parking garages from water ingress. New materials offering improved durability, flexibility, and eco-friendliness are becoming more popular.
The below-grade waterproofing membrane market is challenged by the technical demands of providing durable and long-lasting solutions in diverse soil and moisture conditions found in the Philippines. Quality inconsistencies among local manufacturers affect market reputation. The high cost of advanced waterproofing materials and installation limits adoption in cost-sensitive construction projects. Moreover, awareness of the importance of below-grade waterproofing remains low among some contractors and developers.
The below grade waterproofing membrane market in the Philippines is expanding alongside robust infrastructure and real estate development. The tropical climate with heavy rainfall creates strong demand for effective waterproofing solutions to protect basements, foundations, and underground structures. Investors can explore opportunities in manufacturing or distributing advanced membranes featuring high durability, flexibility, and eco-friendliness. The push for sustainable construction practices further promotes demand for green waterproofing materials. Collaboration with construction firms and contractors can facilitate market penetration.
Government construction and environmental regulations affect the below-grade waterproofing membrane market by enforcing standards for building safety and durability. The Department of Public Works and Highways (DPWH) sets guidelines that mandate waterproofing solutions in infrastructure projects to prevent water ingress and structural damage. Environmental policies encourage the use of eco-friendly waterproofing materials and proper disposal of construction waste. Local standards compliance is required for all products used in public and private construction.
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 Below Grade Waterproofing Membrane Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Below Grade Waterproofing Membrane Market - Industry Life Cycle |
3.4 Philippines Below Grade Waterproofing Membrane Market - Porter's Five Forces |
3.5 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Membrane Type, 2021 & 2031F |
3.6 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.9 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Below Grade Waterproofing Membrane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in the Philippines |
4.2.2 Growing awareness about the importance of waterproofing in construction |
4.2.3 Government initiatives promoting infrastructure development |
4.3 Market Restraints |
4.3.1 High initial costs associated with below-grade waterproofing membranes |
4.3.2 Lack of skilled labor for proper installation |
4.3.3 Fluctuating raw material prices |
5 Philippines Below Grade Waterproofing Membrane Market Trends |
6 Philippines Below Grade Waterproofing Membrane Market, By Types |
6.1 Philippines Below Grade Waterproofing Membrane Market, By Membrane Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Membrane Type, 2021- 2031F |
6.1.3 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Sheet-Based, 2021- 2031F |
6.1.4 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Liquid-Coated, 2021- 2031F |
6.2 Philippines Below Grade Waterproofing Membrane Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Positive-Side, 2021- 2031F |
6.2.3 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Blind-Side, 2021- 2031F |
6.2.4 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Negative-Side, 2021- 2031F |
6.3 Philippines Below Grade Waterproofing Membrane Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Public Infrastructure, 2021- 2031F |
6.3.4 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Residential, 2021- 2031F |
6.4 Philippines Below Grade Waterproofing Membrane Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Polymers, 2021- 2031F |
6.4.3 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By BitumenBentonite, 2021- 2031F |
6.4.4 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Rubberized Asphalt, 2021- 2031F |
6.4.5 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Below Grade Waterproofing Membrane Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Fluid-Applied, 2021- 2031F |
6.5.3 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Fully Bonded, 2021- 2031F |
6.5.4 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Self-Adhered, 2021- 2031F |
6.5.5 Philippines Below Grade Waterproofing Membrane Market Revenues & Volume, By Loose-Laid, 2021- 2031F |
7 Philippines Below Grade Waterproofing Membrane Market Import-Export Trade Statistics |
7.1 Philippines Below Grade Waterproofing Membrane Market Export to Major Countries |
7.2 Philippines Below Grade Waterproofing Membrane Market Imports from Major Countries |
8 Philippines Below Grade Waterproofing Membrane Market Key Performance Indicators |
8.1 Number of new construction projects in the Philippines utilizing below-grade waterproofing membranes |
8.2 Percentage increase in adoption of advanced waterproofing technologies in construction |
8.3 Average project completion time for construction projects using below-grade waterproofing membranes |
9 Philippines Below Grade Waterproofing Membrane Market - Opportunity Assessment |
9.1 Philippines Below Grade Waterproofing Membrane Market Opportunity Assessment, By Membrane Type, 2021 & 2031F |
9.2 Philippines Below Grade Waterproofing Membrane Market Opportunity Assessment, By Position, 2021 & 2031F |
9.3 Philippines Below Grade Waterproofing Membrane Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Philippines Below Grade Waterproofing Membrane Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.5 Philippines Below Grade Waterproofing Membrane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Below Grade Waterproofing Membrane Market - Competitive Landscape |
10.1 Philippines Below Grade Waterproofing Membrane Market Revenue Share, By Companies, 2024 |
10.2 Philippines Below Grade Waterproofing Membrane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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