Philippines Extruded Polystyrene Market (2025-2031) Outlook | Industry, Forecast, Analysis, Value, Trends, Companies, Size, Share, Growth & Revenue

Market Forecast By Application (Foundation, Wall, Roof, Floor & ceiling, Others), By End Use (Residential, Commercial) And Competitive Landscape
Product Code: ETC4515690 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Philippines Extruded Polystyrene Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines continued to see a strong inflow of extruded polystyrene imports in 2024, with top exporting countries being Taiwan, China, Thailand, Japan, and the USA. The market remained highly concentrated, indicating limited diversification among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.64%, while the growth rate from 2023 to 2024 spiked to 8.44%, suggesting a notable surge in demand for extruded polystyrene in the Philippines during that period.

Philippines Extruded Polystyrene Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Extruded Polystyrene Market Overview

Extruded polystyrene insulation materials are playing a crucial role in the construction sector. They are known for their exceptional thermal insulation properties and moisture resistance. As the country continues to experience growth in infrastructure de

Drivers of the Markets

The Philippines Extruded Polystyrene Market is experiencing growth owing to several factors. First, the construction industry`s expansion is driving demand for insulation materials. Extruded polystyrene offers excellent insulation properties, making it a

Challenges of the Markets

Challenges in the Philippines Extruded Polystyrene Market include environmental sustainability and regulation. With growing awareness of the environmental impact of plastics, especially single-use plastics, extruded polystyrene products are facing scrutin

COVID-19 Impact on the Market

The extruded polystyrene market in the Philippines is confronted by several challenges. First, the market faces intense competition due to the presence of multiple local and international manufacturers. This competition exerts pressure on pricing and qual

Key Players of the market

The Philippines Extruded Polystyrene market is characterized by global players such as BASF SE, Dow Chemical Company, and Kingspan Group. These companies provide extruded polystyrene insulation materials widely used in construction and insulation applicat

Key Highlights of the Report:

  • Philippines Extruded Polystyrene Market Outlook
  • Market Size of Philippines Extruded Polystyrene Market, 2024
  • Forecast of Philippines Extruded Polystyrene Market, 2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Revenues & Volume for the Period 2021-2031
  • Philippines Extruded Polystyrene Market Trend Evolution
  • Philippines Extruded Polystyrene Market Drivers and Challenges
  • Philippines Extruded Polystyrene Price Trends
  • Philippines Extruded Polystyrene Porter's Five Forces
  • Philippines Extruded Polystyrene Industry Life Cycle
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Foundation for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Wall for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Roof for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Floor & ceiling for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Philippines Extruded Polystyrene Market Revenues & Volume By Commercial for the Period 2021-2031
  • Philippines Extruded Polystyrene Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Use
  • Philippines Extruded Polystyrene Top Companies Market Share
  • Philippines Extruded Polystyrene Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Extruded Polystyrene Company Profiles
  • Philippines Extruded Polystyrene Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Extruded Polystyrene 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 Extruded Polystyrene 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 Extruded Polystyrene Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Extruded Polystyrene Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Extruded Polystyrene Market - Industry Life Cycle

3.4 Philippines Extruded Polystyrene Market - Porter's Five Forces

3.5 Philippines Extruded Polystyrene Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Philippines Extruded Polystyrene Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Philippines Extruded Polystyrene Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient construction materials in the Philippines

4.2.2 Growth in the construction industry, especially in residential and commercial sectors

4.2.3 Government initiatives promoting sustainable building practices and materials

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in the production of extruded polystyrene

4.3.2 Competition from alternative insulation materials such as polyurethane and mineral wool

5 Philippines Extruded Polystyrene Market Trends

6 Philippines Extruded Polystyrene Market, By Types

6.1 Philippines Extruded Polystyrene Market, By Application

6.1.1 Overview and Analysis

6.1.2 Philippines Extruded Polystyrene Market Revenues & Volume, By Application, 2021-2031F

6.1.3 Philippines Extruded Polystyrene Market Revenues & Volume, By Foundation, 2021-2031F

6.1.4 Philippines Extruded Polystyrene Market Revenues & Volume, By Wall, 2021-2031F

6.1.5 Philippines Extruded Polystyrene Market Revenues & Volume, By Roof, 2021-2031F

6.1.6 Philippines Extruded Polystyrene Market Revenues & Volume, By Floor & ceiling, 2021-2031F

6.1.7 Philippines Extruded Polystyrene Market Revenues & Volume, By Others, 2021-2031F

6.2 Philippines Extruded Polystyrene Market, By End Use

6.2.1 Overview and Analysis

6.2.2 Philippines Extruded Polystyrene Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 Philippines Extruded Polystyrene Market Revenues & Volume, By Commercial, 2021-2031F

7 Philippines Extruded Polystyrene Market Import-Export Trade Statistics

7.1 Philippines Extruded Polystyrene Market Export to Major Countries

7.2 Philippines Extruded Polystyrene Market Imports from Major Countries

8 Philippines Extruded Polystyrene Market Key Performance Indicators

8.1 Energy efficiency standards and regulations in the Philippines

8.2 Number of new construction projects incorporating extruded polystyrene insulation

8.3 Adoption rate of sustainable building certifications that favor the use of extruded polystyrene

9 Philippines Extruded Polystyrene Market - Opportunity Assessment

9.1 Philippines Extruded Polystyrene Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Philippines Extruded Polystyrene Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Philippines Extruded Polystyrene Market - Competitive Landscape

10.1 Philippines Extruded Polystyrene Market Revenue Share, By Companies, 2024

10.2 Philippines Extruded Polystyrene Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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