| Product Code: ETC042909 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, the Philippines saw a significant increase in the concentration of import shipments for primers, with top exporting countries being Thailand, USA, China, Switzerland, and UK. This high concentration is reflected in the Herfindahl-Hirschman Index (HHI), which rose from already high levels in 2023 to very high levels in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -1.12%, while the growth rate from 2023 to 2024 experienced a steep decline of -34.3%. These trends indicate a challenging market environment for primer imports in the Philippines.

The Philippines Primers Market is expected to grow during the forecast period.
The growing construction industry owing to increasing population coupled with rising disposable incomes is driving the market for Philippines primers over the forecast period from 2025-2031. Additionally, an increasing awareness among buyers about advantages offered by high performance products such as enhanced aesthetic appeal, durability & safety has led to an increase in adoption of premium grade primer paints across residential & commercial sectors thereby propelling growth prospects within this segment regionally. Further, an automotive sector expansion along with rapid technological advancements have enabled production of lighter yet durable vehicles which require higher quality raw materials including primer paint ; this factor will further catalyse sales volume throughout this timeframe.
Fluctuating prices for crude oil can significantly affect production costs; thereby hampering overall profitability margins
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 Primers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Primers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Primers Market - Industry Life Cycle |
3.4 Philippines Primers Market - Porter's Five Forces |
3.5 Philippines Primers Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Philippines Primers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Philippines Primers Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Philippines Primers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Primers Market Trends |
6 Philippines Primers Market, By Types |
6.1 Philippines Primers Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Philippines Primers Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 Philippines Primers Market Revenues & Volume, By Dispersants, 2021-2031F |
6.1.4 Philippines Primers Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.1.5 Philippines Primers Market Revenues & Volume, By Biocides, 2021-2031F |
6.1.6 Philippines Primers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Primers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Primers Market Revenues & Volume, By Concrete, 2021-2031F |
6.2.3 Philippines Primers Market Revenues & Volume, By Wood, 2021-2031F |
6.2.4 Philippines Primers Market Revenues & Volume, By Metal, 2021-2031F |
6.2.5 Philippines Primers Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.6 Philippines Primers Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Primers Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Primers Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Philippines Primers Market Revenues & Volume, By Marine, 2021-2031F |
6.3.4 Philippines Primers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Philippines Primers Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Primers Market Import-Export Trade Statistics |
7.1 Philippines Primers Market Export to Major Countries |
7.2 Philippines Primers Market Imports from Major Countries |
8 Philippines Primers Market Key Performance Indicators |
9 Philippines Primers Market - Opportunity Assessment |
9.1 Philippines Primers Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Philippines Primers Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Philippines Primers Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Philippines Primers Market - Competitive Landscape |
10.1 Philippines Primers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Primers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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