Product Code: ETC041350 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Construction Chemical Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 15.85% in 2028, following an initial rate of 11.41%, before easing to 13.67% at the end of the period.
The Construction Chemical market in Philippines is projected to grow at a exponential growth rate of 15.54% 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 Philippines construction chemical market is estimated to grow at a CAGR of 5.9% during the forecast period 2025-2031. Construction chemicals are used for improving and protecting properties of concrete such as impermeability, water resistance, strength, durability, and protection against corrosion of reinforcing steel. The growing infrastructure development in the country has been driving the demand for construction chemicals owing to their wide range of applications in plastering & repairs materials; admixtures; waterproofing systems; floorings & surface treatments and joint sealants among others. Increasing government initiatives towards infrastructural developments such as housing projects under Build, Build, Build program is also expected to boost the market growth over the forecasted period. Moreover increasing investments from foreign investors coupled with rising disposable income will further drive the market growth during 2025-2031 period. The Government initiatives towards public-private partnerships (PPPs) through its flagship PPP program targeting transport infrastructure are some other factors fuelling the growth of construction chemical industry in Philippines during 2025??? 2031.
One of key trends witnessed in Philippines construction chemical industry is rising adoption rate for high performance products which offer various benefits like improved efficiency leading to cost savings along with enhanced structural integrity requiring less maintenance costs compared to traditional variants thus resulting into reduced repair work required due future damages caused by climatic conditions or environmental changes etc. Further, another major trend bolstering up usage application scenarios within Philippine???s construction grade chemicals space involve increased penetration rates across non-structural segments including renderings & coatings among others thereby fueling overall segmental sales within this vertical domain.
Key driver powering up Philippines based constructions grade chemicals sector involves extensive level buildup activities across this terrain pertaining towards vast array involving residential spaces along with commercial sites such as offices , industries etc . These developments not only boosts local economies but also aids large scale employment opportunities eventually leading strengthened economic outlooks within these regions . Furthermore , increased focus on rural development programs too acts beneficially towards uphill movement observed across domestic building material production hub thereby deepening existing product portfolio scenario associated with same. Further, one another factor propelling positive sentiments concerning expansion prospects held by Philippines attributed markets include escalating FDI inflows pouring from global arenas into this region via special economic zones.
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 Construction Chemical Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Construction Chemical Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Construction Chemical Market - Industry Life Cycle |
3.4 Philippines Construction Chemical Market - Porter's Five Forces |
3.5 Philippines Construction Chemical Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Construction Chemical Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Philippines Construction Chemical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Construction Chemical Market Trends |
6 Philippines Construction Chemical Market, By Types |
6.1 Philippines Construction Chemical Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Construction Chemical Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Construction Chemical Market Revenues & Volume, By Concrete Admixtures, 2021-2031F |
6.1.4 Philippines Construction Chemical Market Revenues & Volume, By Water Proofing & Roofing, 2021-2031F |
6.1.5 Philippines Construction Chemical Market Revenues & Volume, By Repair, 2021-2031F |
6.1.6 Philippines Construction Chemical Market Revenues & Volume, By Flooring, 2021-2031F |
6.1.7 Philippines Construction Chemical Market Revenues & Volume, By Sealants & Adhesives, 2021-2031F |
6.1.8 Philippines Construction Chemical Market Revenues & Volume, By Other chemicals, 2021-2031F |
6.2 Philippines Construction Chemical Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Construction Chemical Market Revenues & Volume, By Residential , 2021-2031F |
6.2.3 Philippines Construction Chemical Market Revenues & Volume, By Industrial/Commercial , 2021-2031F |
6.2.4 Philippines Construction Chemical Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.2.5 Philippines Construction Chemical Market Revenues & Volume, By Repair Structures, 2021-2031F |
7 Philippines Construction Chemical Market Import-Export Trade Statistics |
7.1 Philippines Construction Chemical Market Export to Major Countries |
7.2 Philippines Construction Chemical Market Imports from Major Countries |
8 Philippines Construction Chemical Market Key Performance Indicators |
9 Philippines Construction Chemical Market - Opportunity Assessment |
9.1 Philippines Construction Chemical Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Construction Chemical Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Philippines Construction Chemical Market - Competitive Landscape |
10.1 Philippines Construction Chemical Market Revenue Share, By Companies, 2024 |
10.2 Philippines Construction Chemical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |