Product Code: ETC412285 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines gypsum-free plaster market has witnessed steady growth in recent years. Gypsum-free plaster, known for its eco-friendly and sustainable properties, has gained popularity in the construction sector due to its reduced environmental impact and improved indoor air quality. As the construction industry in the Philippines continues to expand, there is an increasing demand for innovative building materials that align with green building practices. The gypsum-free plaster market is responding to this demand by offering solutions that not only meet regulatory requirements but also contribute to energy efficiency and overall sustainability.
The gypsum-free plaster market`s growth can be influenced by the construction industry`s demand for alternative materials. As construction methods evolve and sustainability becomes more important, gypsum-free plaster materials that offer comparable or improved performance may gain traction.
The Philippines gypsum-free plaster market faces challenges related to market acceptance and industry standards. Educating construction professionals and consumers about the benefits of gypsum-free plaster compared to traditional gypsum-based products is essential. Ensuring that gypsum-free plaster meets regulatory standards and performance requirements while delivering cost-effectiveness can be a challenge. Competition from established products and practices in the construction industry further adds complexity.
The COVID-19 pandemic affected the Philippines gypsum-free plaster market due to disruptions in construction activities and projects. Lockdowns, labor shortages, and restrictions on movement initially led to project delays, impacting the demand for construction materials. The construction sector`s gradual recovery and government initiatives to boost infrastructure projects supported the market`s revival. The pandemic highlighted the importance of flexible supply chains and the need for sustainable construction practices.
Major companies operating in the Philippines gypsum-free plaster market include USG Boral Building Products Ltd., LafargeHolcim Group, Tarmac Building Products Ltd., Knauf AMF UK Ltd., British Gypsum Limited and National Gypsum Company.