| Product Code: ETC8836166 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely on imports of bitumen membranes, with top exporting countries being Italy, Egypt, China, South Korea, and India. Despite a slight decline in the growth rate from 2023 to 2024, the industry maintained a high level of market concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.69%, highlighting the consistent demand for bitumen membranes in the Philippines.

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 Bitumen Membranes Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bitumen Membranes Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Bitumen Membranes Market - Industry Life Cycle |
3.4 Philippines Bitumen Membranes Market - Porter's Five Forces |
3.5 Philippines Bitumen Membranes Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Philippines Bitumen Membranes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Philippines Bitumen Membranes Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Philippines Bitumen Membranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in the Philippines |
4.2.2 Increasing urbanization leading to demand for waterproofing solutions |
4.2.3 Government initiatives to improve infrastructure quality and sustainability |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative waterproofing solutions like PVC membranes |
4.3.3 Environmental concerns related to bitumen membranes disposal and recycling |
5 Philippines Bitumen Membranes Market Trends |
6 Philippines Bitumen Membranes Market, By Types |
6.1 Philippines Bitumen Membranes Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bitumen Membranes Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Philippines Bitumen Membranes Market Revenues & Volume, By Atactic Polypropylene, 2021- 2031F |
6.1.4 Philippines Bitumen Membranes Market Revenues & Volume, By Styrene-butadiene-styrene, 2021- 2031F |
6.1.5 Philippines Bitumen Membranes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Bitumen Membranes Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bitumen Membranes Market Revenues & Volume, By Sheets, 2021- 2031F |
6.2.3 Philippines Bitumen Membranes Market Revenues & Volume, By Liquids, 2021- 2031F |
6.3 Philippines Bitumen Membranes Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Bitumen Membranes Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.3 Philippines Bitumen Membranes Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Philippines Bitumen Membranes Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Bitumen Membranes Market Import-Export Trade Statistics |
7.1 Philippines Bitumen Membranes Market Export to Major Countries |
7.2 Philippines Bitumen Membranes Market Imports from Major Countries |
8 Philippines Bitumen Membranes Market Key Performance Indicators |
8.1 Number of construction permits issued in the Philippines |
8.2 GDP growth rate in the construction sector |
8.3 Adoption rate of sustainable construction practices |
8.4 Investment in infrastructure projects |
8.5 Number of new product innovations in the waterproofing industry |
9 Philippines Bitumen Membranes Market - Opportunity Assessment |
9.1 Philippines Bitumen Membranes Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Philippines Bitumen Membranes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Philippines Bitumen Membranes Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Philippines Bitumen Membranes Market - Competitive Landscape |
10.1 Philippines Bitumen Membranes Market Revenue Share, By Companies, 2024 |
10.2 Philippines Bitumen Membranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here