Product Code: ETC045489 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Fiber Cementâ market currently, in 2023, has witnessed an HHI of 6796, Which has decreased slightly as compared to the HHI of 7286 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Philippines fiber cement market is projected to grow at a CAGR of 6.2%. The increasing use of fiber cement for various applications and the growing construction industry are the key factors driving the growth of this market. However, environmental concerns associated with fiber cement production may inhibit the market???s growth during the forecast period
As sustainability has become an integral part of modern-day architecture and design trends, there is a shift toward eco-friendly building materials such as fiber cement board due to its superior strength-to-weight ratio, durability and noncombustibility characteristics compared with traditional products such as gypsum boards or wood boards. Further, in order to protect buildings from fire hazards, governments across different countries have implemented stringent fire regulations that require building materials used in buildings must be noncombustible or slow burning materials like Fiber Cement Boards (FCBs). This requirement encourages developers and architects towards using FCBs instead of other combustible alternatives while constructing new projects which will not only result in increased demand but also drive innovation towards betterment & advancement within this field resulting into further demand generation for FCB products.
Government initiatives taken up by several countries across Asia Pacific region have resulted in rapid infrastructure development like roadways, railways, airports etc., leading to high demand for durable construction material like Fiber Cement Board (FCB). Additionally government authorities are offering incentives & subsidies on usage of green technologies & environment friendly construction processes through policies , thus boosting investments in developing sustainable homes & commercial complexes made out using these technologies including Fibre Cement Boards (FCB). Additionally, the modular homebuilding sector is one area where fibre cement siding can provide considerable benefit due to its lightweight nature; therefore it helps reduce overall transportation costs involved significantly along with providing weather resistance advantages . Also prefabricated structures offer built cost savings making them ideal choice among end users who prefer quick turnaround time over traditional brick & mortar constructions enabling faster completion times along with greater safety measures being embedded into their designs resulting into enhanced user experience . Thus , their popularity among builders playing major role contributing towards rising adoption rates seen globally over past decade helping spur growth.
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 Fiber Cement Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fiber Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fiber Cement Market - Industry Life Cycle |
3.4 Philippines Fiber Cement Market - Porter's Five Forces |
3.5 Philippines Fiber Cement Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Philippines Fiber Cement Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Philippines Fiber Cement Market Revenues & Volume Share, By End Use Type, 2021 & 2031F |
4 Philippines Fiber Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fiber Cement Market Trends |
6 Philippines Fiber Cement Market, By Types |
6.1 Philippines Fiber Cement Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fiber Cement Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Philippines Fiber Cement Market Revenues & Volume, By Portland cement, 2021-2031F |
6.1.4 Philippines Fiber Cement Market Revenues & Volume, By Sand, 2021-2031F |
6.1.5 Philippines Fiber Cement Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.6 Philippines Fiber Cement Market Revenues & Volume, By Other, 2021-2031F |
6.2 Philippines Fiber Cement Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fiber Cement Market Revenues & Volume, By Siding, 2021-2031F |
6.2.3 Philippines Fiber Cement Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Philippines Fiber Cement Market Revenues & Volume, By Molding & Trim, 2021-2031F |
6.2.5 Philippines Fiber Cement Market Revenues & Volume, By Other, 2021-2031F |
6.3 Philippines Fiber Cement Market, By End Use Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fiber Cement Market Revenues & Volume, By Non-Residential, 2021-2031F |
6.3.3 Philippines Fiber Cement Market Revenues & Volume, By Residential, 2021-2031F |
7 Philippines Fiber Cement Market Import-Export Trade Statistics |
7.1 Philippines Fiber Cement Market Export to Major Countries |
7.2 Philippines Fiber Cement Market Imports from Major Countries |
8 Philippines Fiber Cement Market Key Performance Indicators |
9 Philippines Fiber Cement Market - Opportunity Assessment |
9.1 Philippines Fiber Cement Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Philippines Fiber Cement Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 Philippines Fiber Cement Market Opportunity Assessment, By End Use Type, 2021 & 2031F |
10 Philippines Fiber Cement Market - Competitive Landscape |
10.1 Philippines Fiber Cement Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fiber Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |