Product Code: ETC105348 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Polymer Binders Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.08% in 2025, the market peaks at 15.10% in 2028, and settles at 12.83% by 2029.
By 2027, the Polymer Binders market in Philippines is anticipated to reach a growth rate of 14.93%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Philippines polymer binders market was valued at USD 12 million in 2025 and is projected to register a CAGR of around 6% over the forecast period, owing increased usage across end-use industries such as paints & coatings, adhesives & sealants etc., along with advancements made within polymer binders production technology that helps reduce cost associated with it thereby driving its adoption significantly among end user manufacturers operating within region. Furthermore surging construction sector backed by availability of low cost labor provides an additional impetus towards regional product share along with rise witnessed within composite materials trade.
The Philippines polymer binders market is driven by the construction and building materials industries, where binders play a pivotal role in enhancing the properties of paints, coatings, and adhesives. As infrastructure development and construction projects continue to grow, the demand for polymer binders is on the rise. Key drivers in this market include chemical companies like Pacific Paint (Boysen) Philippines, which utilize polymer binders in their products to ensure quality finishes and long-lasting coatings, contributing to the construction industry`s progress.
The Philippines polymer binders market, involving products used in coatings, adhesives, and construction materials, could feature key players like D&L Industries, a leading manufacturer of food ingredients and specialty plastics. Another notable participant might be Pacific Paint (Boysen) Philippines, known for its coatings and construction products, influencing the market by utilizing polymer binders in its formulations.
The Philippines polymer binders market experienced shifts as a result of the COVID-19 pandemic. Polymer binders are crucial in industries such as construction, paints, and adhesives. The disruptions in construction projects, reduced consumer spending on non-essential products, and supply chain challenges impacted the demand for polymer binder-based products. The construction industry, in particular, faced delays and project cancellations. However, as economic activities resume and infrastructure projects are revitalized, the polymer binders market is projected to recover. The need for high-performance and sustainable materials will drive the market`s rebound.
The Philippines polymer binders market, involving products used in coatings, adhesives, and construction materials, could feature key players like D&L Industries, a leading manufacturer of food ingredients and specialty plastics. Another notable participant might be Pacific Paint (Boysen) Philippines, known for its coatings and construction products, influencing the market by utilizing polymer binders in its formulations.
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 Polymer Binders Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polymer Binders Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polymer Binders Market - Industry Life Cycle |
3.4 Philippines Polymer Binders Market - Porter's Five Forces |
3.5 Philippines Polymer Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Polymer Binders Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Polymer Binders Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Polymer Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Polymer Binders Market Trends |
6 Philippines Polymer Binders Market, By Types |
6.1 Philippines Polymer Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polymer Binders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Polymer Binders Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4 Philippines Polymer Binders Market Revenues & Volume, By Vinyl Acetate, 2021-2031F |
6.1.5 Philippines Polymer Binders Market Revenues & Volume, By Latex, 2021-2031F |
6.2 Philippines Polymer Binders Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polymer Binders Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.3 Philippines Polymer Binders Market Revenues & Volume, By Powder, 2021-2031F |
6.2.4 Philippines Polymer Binders Market Revenues & Volume, By High Solids, 2021-2031F |
6.3 Philippines Polymer Binders Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Philippines Polymer Binders Market Revenues & Volume, By Architectural Coatings, 2021-2031F |
6.3.3 Philippines Polymer Binders Market Revenues & Volume, By Adhesives and Sealants, 2021-2031F |
6.3.4 Philippines Polymer Binders Market Revenues & Volume, By Textile and Carpets, 2021-2031F |
6.3.5 Philippines Polymer Binders Market Revenues & Volume, By Paper and Board, 2021-2031F |
6.3.6 Philippines Polymer Binders Market Revenues & Volume, By Construction Additives, 2021-2031F |
7 Philippines Polymer Binders Market Import-Export Trade Statistics |
7.1 Philippines Polymer Binders Market Export to Major Countries |
7.2 Philippines Polymer Binders Market Imports from Major Countries |
8 Philippines Polymer Binders Market Key Performance Indicators |
9 Philippines Polymer Binders Market - Opportunity Assessment |
9.1 Philippines Polymer Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Polymer Binders Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Polymer Binders Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Polymer Binders Market - Competitive Landscape |
10.1 Philippines Polymer Binders Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polymer Binders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |