| Product Code: ETC007609 | Publication Date: Jun 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 |
The Philippines saw a significant increase in PVC import shipments in 2024, with China, Thailand, Japan, Taiwan, and Singapore emerging as the top exporting countries. The market experienced a shift from moderate to high concentration, indicating a more focused import landscape. The impressive compound annual growth rate (CAGR) of 9.76% from 2020 to 2024 highlights the growing demand for PVC in the country. Additionally, the growth rate of 4.79% from 2023 to 2024 suggests sustained momentum in the market, signaling potential opportunities for both local and international suppliers.

By 2027, Philippines's PVC market is forecasted to achieve a high growth rate of 14.09%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

The PVC market in the Philippines is expected to grow at a CAGR of 5.7% during the forecast period (2020-2026). The growing demand for various products manufactured using polyvinyl chloride (PVC) including pipes, wires, and cables is driving the growth of this sector in the country. Furthermore, increasing investments by leading players towards their production capacities are also projected to boost this market?s growth over the years ahead.
Moreover, rising infrastructure development activities such as construction and renovation across both residential and commercial premises have been pushing up demand for different types of plastics used in these areas including PVC. Additionally, supportive government initiatives aimed at reviving industrialization within certain key districts across provinces are further expected to positively influence this market's expansion over 2020-2026.
On the flip side though, various health concerns associated with exposure to vinyl chloride monomer (VCM) which is an integral component of PVC poses a significant threat to industry's progress over coming years. Moreover, availability of cheaper plastic substitutes like PE & PP could adversely impact sales figures within this domain amid 2020-2026 timeframe as well.
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 PVC Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines PVC Market Revenues & Volume, 2019 & 2026F |
3.3 Philippines PVC Market - Industry Life Cycle |
3.4 Philippines PVC Market - Porter's Five Forces |
3.5 Philippines PVC Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Philippines PVC Market Revenues & Volume Share, By Stabilizer Type, 2019 & 2026F |
3.7 Philippines PVC Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Philippines PVC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines PVC Market Trends |
6 Philippines PVC Market, By Types |
6.1 Philippines PVC Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines PVC Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Philippines PVC Market Revenues & Volume, By Rigid PVC, 2016 - 2026F |
6.1.4 Philippines PVC Market Revenues & Volume, By Flexible PVC, 2016 - 2026F |
6.1.5 Philippines PVC Market Revenues & Volume, By Low-smoke PVC, 2016 - 2026F |
6.1.6 Philippines PVC Market Revenues & Volume, By Chlorinated PVC, 2016 - 2026F |
6.2 Philippines PVC Market, By Stabilizer Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines PVC Market Revenues & Volume, By Calcium-based Stabilizers , 2016 - 2026F |
6.2.3 Philippines PVC Market Revenues & Volume, By Lead-based Stabilizers , 2016 - 2026F |
6.2.4 Philippines PVC Market Revenues & Volume, By Tin and Organotin-based, 2016 - 2026F |
6.2.5 Philippines PVC Market Revenues & Volume, By Barium-based and Others , 2016 - 2026F |
6.3 Philippines PVC Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Philippines PVC Market Revenues & Volume, By Construction, 2016 - 2026F |
6.3.3 Philippines PVC Market Revenues & Volume, By Consumer, 2016 - 2026F |
6.3.4 Philippines PVC Market Revenues & Volume, By Packaging, 2016 - 2026F |
6.3.5 Philippines PVC Market Revenues & Volume, By Electrical & Electronics, 2016 - 2026F |
6.3.6 Philippines PVC Market Revenues & Volume, By Transportation, 2016 - 2026F |
7 Philippines PVC Market Import-Export Trade Statistics |
7.1 Philippines PVC Market Export to Major Countries |
7.2 Philippines PVC Market Imports from Major Countries |
8 Philippines PVC Market Key Performance Indicators |
9 Philippines PVC Market - Opportunity Assessment |
9.1 Philippines PVC Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Philippines PVC Market Opportunity Assessment, By Stabilizer Type, 2019 & 2026F |
9.3 Philippines PVC Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Philippines PVC Market - Competitive Landscape |
10.1 Philippines PVC Market Revenue Share, By Companies, 2019 |
10.2 Philippines PVC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |