Philippines Cement Bonded Particle Board Market (2025-2031) Outlook | Companies, Growth, Analysis, Value, Share, Industry, Size, Revenue, Forecast & Trends
Market Forecast By Product Type (<6 mm, 8-18mm, 20-30mm, >30 mm), By Application (Furniture, Ceiling, Siding, Packages) And Competitive Landscape
| Product Code: ETC318149 | 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 |
Philippines Cement Bonded Particle Board Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The Philippines saw significant imports of cement bonded particle board in 2024, with top exporting countries being Malaysia, Japan, Thailand, China, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.27%, showcasing a growing demand for this product. Although the growth rate slightly slowed in 2024 to 2.83%, the overall trend suggests a positive outlook for the cement bonded particle board market in the Philippines.
Philippines Cement Bonded Particle Board Market Synopsis
The cement bonded particle board market in the Philippines has shown steady growth, with a CAGR of approximately 5.3%. This market benefits from the construction and furniture industries` demand for durable and cost-effective building materials.
Drivers of the Market
The cement-bonded particle board market in the Philippines is driven by its use in construction and furniture industries. Its durability and fire-resistant properties make it suitable for diverse applications in building materials and interior design.
Challenges of the Market
The Philippines Cement Bonded Particle Board market faces challenges related to market education about the benefits of this material compared to traditional options. Ensuring consistent board quality, addressing moisture resistance, and promoting fire safety properties are ongoing challenges. Competing with other building materials also impacts market growth.
COVID-19 Impact on the Market
The Philippines cement bonded particle board market has been negatively impacted by the COVID-19 pandemic. The decrease in construction activities and disruptions in the supply chain have led to a decline in demand for cement bonded particle boards. However, as construction projects resume and demand for durable building materials increases, the market is expected to recover.
Key Players in the Market
The key players in the Philippines Cement Bonded Particle Board Market include Agro Boards Ltd., Vertex Ply Pvt. Ltd., and Everest Industries Limited.
Key Highlights of the Report:
- Philippines Cement Bonded Particle Board Market Outlook
- Market Size of Philippines Cement Bonded Particle Board Market, 2024
- Forecast of Philippines Cement Bonded Particle Board Market, 2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Revenues & Volume for the Period 2021-2031
- Philippines Cement Bonded Particle Board Market Trend Evolution
- Philippines Cement Bonded Particle Board Market Drivers and Challenges
- Philippines Cement Bonded Particle Board Price Trends
- Philippines Cement Bonded Particle Board Porter's Five Forces
- Philippines Cement Bonded Particle Board Industry Life Cycle
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By <6 mm for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By 8-18mm for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By 20-30mm for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By >30 mm for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Furniture for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Ceiling for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Siding for the Period 2021-2031
- Historical Data and Forecast of Philippines Cement Bonded Particle Board Market Revenues & Volume By Packages for the Period 2021-2031
- Philippines Cement Bonded Particle Board Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Application
- Philippines Cement Bonded Particle Board Top Companies Market Share
- Philippines Cement Bonded Particle Board Competitive Benchmarking By Technical and Operational Parameters
- Philippines Cement Bonded Particle Board Company Profiles
- Philippines Cement Bonded Particle Board Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Cement Bonded Particle Board Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Cement Bonded Particle Board Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Cement Bonded Particle Board Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cement Bonded Particle Board Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cement Bonded Particle Board Market - Industry Life Cycle |
3.4 Philippines Cement Bonded Particle Board Market - Porter's Five Forces |
3.5 Philippines Cement Bonded Particle Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Cement Bonded Particle Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cement Bonded Particle Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in the Philippines |
4.2.2 Growing demand for eco-friendly and sustainable building materials |
4.2.3 Rise in government infrastructure projects supporting the construction industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like cement and wood particles |
4.3.2 Competition from alternative building materials like plywood and gypsum boards |
4.3.3 Impact of economic downturns on construction sector |
5 Philippines Cement Bonded Particle Board Market Trends |
6 Philippines Cement Bonded Particle Board Market, By Types |
6.1 Philippines Cement Bonded Particle Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cement Bonded Particle Board Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Cement Bonded Particle Board Market Revenues & Volume, By <6 mm, 2021-2031F |
6.1.4 Philippines Cement Bonded Particle Board Market Revenues & Volume, By 8-18mm, 2021-2031F |
6.1.5 Philippines Cement Bonded Particle Board Market Revenues & Volume, By 20-30mm, 2021-2031F |
6.1.6 Philippines Cement Bonded Particle Board Market Revenues & Volume, By >30 mm, 2021-2031F |
6.2 Philippines Cement Bonded Particle Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cement Bonded Particle Board Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.3 Philippines Cement Bonded Particle Board Market Revenues & Volume, By Ceiling, 2021-2031F |
6.2.4 Philippines Cement Bonded Particle Board Market Revenues & Volume, By Siding, 2021-2031F |
6.2.5 Philippines Cement Bonded Particle Board Market Revenues & Volume, By Packages, 2021-2031F |
7 Philippines Cement Bonded Particle Board Market Import-Export Trade Statistics |
7.1 Philippines Cement Bonded Particle Board Market Export to Major Countries |
7.2 Philippines Cement Bonded Particle Board Market Imports from Major Countries |
8 Philippines Cement Bonded Particle Board Market Key Performance Indicators |
8.1 Percentage of construction permits issued in the Philippines |
8.2 Adoption rate of green building certifications in the construction industry |
8.3 Number of government infrastructure projects awarded |
8.4 Average utilization rate of cement bonded particle boards in construction projects |
8.5 Rate of innovation and development in cement bonded particle board technology. |
9 Philippines Cement Bonded Particle Board Market - Opportunity Assessment |
9.1 Philippines Cement Bonded Particle Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Cement Bonded Particle Board Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cement Bonded Particle Board Market - Competitive Landscape |
10.1 Philippines Cement Bonded Particle Board Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cement Bonded Particle Board Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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