Philippines Cement Industry Sector Outlook 2025 | Investments, M&A, and Key Industry Developments, Mega Projects | Taiheiyo Cement Corporation, Holcim, San Miguel Corporation, Northern Cement Corporation, Big Boss Cement Inc

Philippines cement market is estimated to grow at a CAGR of 22.3% during the forecast period (2024-2031) from its current value of US$ 3,619.50 million in 2023 to reach a value of US$ 21,055.81 million in 2031.

DataM Intelligence has published a new research report on "Philippines Cement Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The Philippine Cement Manufacturers Association petitioned to raise cement import duties to US$0.25 per 40 kg bag to support local production, while the Department of Trade and Industry increased it from US$0.19 to US$0.20 per bag (CeMAP).

The Philippines Portland cement market was valued at US$3,086.19 million in 2022 and is projected to reach US$18,876.95 million by 2031, growing at a CAGR of 23.0% between 2024 and 2031.

The Ball Mills market for the Philippines cement industry was valued at US$1,918.39 million in 2022 and is projected to reach US$13,716.58 million by 2031, growing at a CAGR of 24.9% between 2024 and 2031.

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Philippines: Recent Industry Developments

✅ In September 2025, Holcim Philippines expanded its cement production capacity in Batangas to meet rising domestic construction demand.

✅ In August 2025, Republic Cement launched a new low-carbon cement product, supporting sustainable infrastructure projects across Metro Manila.

✅ In July 2025, Eagle Cement inaugurated a modern grinding facility in Bulacan, enhancing supply efficiency for residential and commercial projects.

✅ In June 2025, Lafarge Philippines partnered with local government units to supply cement for flood control and road rehabilitation projects.

✅ In May 2025, Cemex Philippines introduced eco-friendly cement packaging, reducing plastic use and supporting green building initiatives.

Key Players:

CRH, Century Peak Cement, Eagle Cement, Taiheiyo Cement Corporation, Holcim, San Miguel Corporation, Northern Cement Corporation, Big Boss Cement Inc, Petra Cement Inc and Cemex Philippines.

Recent M&A in Philippines Cement

The Consunji Group is set to complete the acquisition of Cemex Holdings Philippines Inc. by the end of 2024 or early 2025 for $305.6 million. Cemex is the fourth largest cement producer in the country, known for Apo Portland Cement, with plans to revitalize the company and supply government infrastructure projects under the Build Better More program.​

Japan-based Sumitomo Osaka Cement acquired a 15% stake in Philcement in September 2025, marking strategic foreign investment in the local cement sector.​

The Philippines cement market is forecast to grow 4.8% annually to reach $1.46 billion in 2025, indicating strong market potential driving M&A interest

Growth Forecast Projected:

The Philippines Cement Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the Philippines Cement Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type: (Portland, Blended, Others)

By Cement Grinding Technology: (Ball Mills, Vertical Roller Mills, Roller Presses, Others)

By Application: (Commercial & Infrastructure, Residential, Industrial)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Philippines Cement producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Philippines Cement revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q: How fast is the Philippines Cement Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 22.3% from 2025 to 2032

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