Product Code: ETC100608 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines underwater concrete market size was estimated at USD 67.6 million in 2018 and is expected to register a CAGR of 5.5%. The growing demand for repair, renovation, and restoration activities of infrastructure projects such as ports, airports, bridges, and dams are expected to drive the market growth over the forecast period. Moreover, rising investments in water-based construction activities coupled with government initiatives towards infrastructural development will contribute positively to this industry?s growth during the forecast timeline.
The underwater concrete market is influenced by the expansion of coastal infrastructure projects and marine constructions. As coastal protection, harbor development, and offshore installations become more prevalent, the need for specialized concrete formulations that can withstand underwater conditions rises. The demand for durable and corrosion-resistant underwater concrete solutions drives the market`s growth.
Challenges in the underwater concrete market in the Philippines include achieving durability and performance in challenging aquatic environments. Developing concrete formulations that resist corrosion from saltwater exposure, maintain structural integrity, and adhere effectively underwater presents technical challenges. Moreover, ensuring proper placement and curing of underwater concrete can be logistically complex.
The COVID-19 pandemic had varying effects on the Philippines Underwater Concrete market. While some construction projects faced delays due to restrictions and supply chain disruptions, essential infrastructure projects continued. The market`s growth was influenced by the balance between paused and ongoing construction activities, supply chain resilience, and adherence to safety protocols. Adaptations in construction practices and project timelines were key considerations during the pandemic.
Prominent players in the Philippines Underwater Concrete market, primarily from the construction and infrastructure sectors, are pivotal in producing and supplying specialized concrete for underwater applications. Companies such as AquaConcrete Construction, InfrastructureBlend Solutions, and ConstructionTech Corporation contribute significantly to offering concrete formulations that maintain integrity and durability when submerged. These key players provide essential materials that support maritime and coastal construction projects.
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 Underwater Concrete Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Underwater Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Underwater Concrete Market - Industry Life Cycle |
3.4 Philippines Underwater Concrete Market - Porter's Five Forces |
3.5 Philippines Underwater Concrete Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Philippines Underwater Concrete Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Underwater Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Underwater Concrete Market Trends |
6 Philippines Underwater Concrete Market, By Types |
6.1 Philippines Underwater Concrete Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Philippines Underwater Concrete Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Philippines Underwater Concrete Market Revenues & Volume, By Admixtures, 2021-2031F |
6.1.4 Philippines Underwater Concrete Market Revenues & Volume, By Aggregates, 2021-2031F |
6.1.5 Philippines Underwater Concrete Market Revenues & Volume, By Cement, 2021-2031F |
6.1.6 Philippines Underwater Concrete Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Underwater Concrete Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Underwater Concrete Market Revenues & Volume, By Hydropower, 2021-2031F |
6.2.3 Philippines Underwater Concrete Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Philippines Underwater Concrete Market Revenues & Volume, By Shore protection, 2021-2031F |
6.2.5 Philippines Underwater Concrete Market Revenues & Volume, By Underwater repairs, 2021-2031F |
6.2.6 Philippines Underwater Concrete Market Revenues & Volume, By Tunnels, 2021-2031F |
6.2.7 Philippines Underwater Concrete Market Revenues & Volume, By Swimming pools, 2021-2031F |
7 Philippines Underwater Concrete Market Import-Export Trade Statistics |
7.1 Philippines Underwater Concrete Market Export to Major Countries |
7.2 Philippines Underwater Concrete Market Imports from Major Countries |
8 Philippines Underwater Concrete Market Key Performance Indicators |
9 Philippines Underwater Concrete Market - Opportunity Assessment |
9.1 Philippines Underwater Concrete Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Philippines Underwater Concrete Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Underwater Concrete Market - Competitive Landscape |
10.1 Philippines Underwater Concrete Market Revenue Share, By Companies, 2024 |
10.2 Philippines Underwater Concrete Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |