| Product Code: ETC8854589 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw significant growth in waterborne coatings import shipments in 2024, with top exporters being Thailand, Malaysia, Japan, China, and Vietnam. The market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). The industry demonstrated a strong compound annual growth rate (CAGR) of 12.92% from 2020 to 2024, with a notable growth rate of 11.42% in 2024 alone. This data suggests a dynamic and expanding market for waterborne coatings in the Philippines, driven by imports from key regional suppliers.

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 Waterborne Coatings Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Waterborne Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Waterborne Coatings Market - Industry Life Cycle |
3.4 Philippines Waterborne Coatings Market - Porter's Five Forces |
3.5 Philippines Waterborne Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Waterborne Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Waterborne Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental regulations favoring the use of waterborne coatings due to their lower VOC content. |
4.2.2 Growing construction and infrastructure development activities in the Philippines. |
4.2.3 Rising consumer awareness about the benefits of waterborne coatings in terms of health and safety. |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with waterborne coatings compared to solvent-based coatings. |
4.3.2 Limited availability of advanced waterborne coating technologies in the market. |
5 Philippines Waterborne Coatings Market Trends |
6 Philippines Waterborne Coatings Market, By Types |
6.1 Philippines Waterborne Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Waterborne Coatings Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Philippines Waterborne Coatings Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Philippines Waterborne Coatings Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.1.5 Philippines Waterborne Coatings Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Philippines Waterborne Coatings Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.7 Philippines Waterborne Coatings Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.8 Philippines Waterborne Coatings Market Revenues & Volume, By Polytetrafluoroethylene (PTFE), 2021- 2031F |
6.1.9 Philippines Waterborne Coatings Market Revenues & Volume, By Polyvinylidene Fluoride (PVDF), 2021- 2031F |
6.1.10 Philippines Waterborne Coatings Market Revenues & Volume, By Polyvinylidene Fluoride (PVDF), 2021- 2031F |
6.2 Philippines Waterborne Coatings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Waterborne Coatings Market Revenues & Volume, By Architectural, 2021- 2031F |
6.2.3 Philippines Waterborne Coatings Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 Philippines Waterborne Coatings Market Revenues & Volume, By Automotive OEM, 2021- 2031F |
6.2.5 Philippines Waterborne Coatings Market Revenues & Volume, By Metal Packaging, 2021- 2031F |
6.2.6 Philippines Waterborne Coatings Market Revenues & Volume, By Protective Coatings, 2021- 2031F |
6.2.7 Philippines Waterborne Coatings Market Revenues & Volume, By Automotive Refinish, 2021- 2031F |
6.2.8 Philippines Waterborne Coatings Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.9 Philippines Waterborne Coatings Market Revenues & Volume, By Marine, 2021- 2031F |
7 Philippines Waterborne Coatings Market Import-Export Trade Statistics |
7.1 Philippines Waterborne Coatings Market Export to Major Countries |
7.2 Philippines Waterborne Coatings Market Imports from Major Countries |
8 Philippines Waterborne Coatings Market Key Performance Indicators |
8.1 Adoption rate of waterborne coatings by key industries in the Philippines. |
8.2 Number of new product innovations and technologies in the waterborne coatings sector. |
8.3 Environmental certifications and compliance levels achieved by waterborne coatings manufacturers. |
9 Philippines Waterborne Coatings Market - Opportunity Assessment |
9.1 Philippines Waterborne Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Waterborne Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Waterborne Coatings Market - Competitive Landscape |
10.1 Philippines Waterborne Coatings Market Revenue Share, By Companies, 2024 |
10.2 Philippines Waterborne Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |