• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Powder Coatings Market

    Performance Enhancing Additives

    The Role Of Kilowatt Hours In Measuring Mill Performance

    The 2023 Marine Coatings Market

    PPG: Treated Silicas Enable Tire Manufacturing Energy Savings and Reduced Complexity
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    AkzoNobel Names Sweet Embrace as Interpon Color of the Year 2024

    PPG’s New Paint for a New Start Transforms 27 Schools Worldwide with Colorful Makeovers

    PPG's New Paint for a New Start Initiative Transforms School for Children with Autism in Spain

    OQ Chemicals Announces Price Increases for Oxo Intermediates

    R.E. Carroll Inc. Packs and Donates 400 Backpacks to Students
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    AkzoNobel Names Sweet Embrace as Interpon Color of the Year 2024

    PPG’s New Paint for a New Start Transforms 27 Schools Worldwide with Colorful Makeovers

    PPG's New Paint for a New Start Initiative Transforms School for Children with Autism in Spain

    PPG’s New Paint for a New Start Initiative Updates Educational Facility

    Hempel Inaugurates Production Facilities in China
    Additives
    Binders
    Pigments
    Solvents

    OQ Chemicals Announces Price Increases for Oxo Intermediates

    BASF Broadens Monomers Portfolio, Launches Bio-based 2-Octyl Acrylate

    “MyCarbonFootprint”: BASF Launches Dashboard for Sustainable Procurement

    Arxada Appoints Sanjeev Rastogi as CEO

    Birla Carbon Releases its 11th Sustainability Report
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Siltech Corporation

    Clariant Additives

    EPS

    Active Minerals

    Shepherd Color Company, The
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Greenbuild International Conference + Expo

    The Gulf Coatings Show

    Western Coatings Symposium 2023

    Pacific Coatings Show

    CHINACOAT 2023
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Siltech Corporation

    Clariant Additives

    EPS

    Active Minerals

    Shepherd Color Company, The
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    India/Asia Pacific Reports

    The Paints and Coatings Industry in the Philippines

    ...

    The Paints and Coatings Industry  in the Philippines
    Yogender Singh, India, Asia-Pacific Correspondent09.03.19
    The Philippines is primarily considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on manufacturing and services.

    Though hitherto catered by domestic paints and coating producers, the country is witnessing a transition to higher value-added products and multinational paint producers.

    Comprised of more than two dozen paint and coating producers, the Philippines paint and coating industry has registered a steady growth of more than six percent per annum in each of the previous five years.

    The majority of these 25 producers have production plants based in and around Metro Manila and nearby provinces, as most of the construction and industrial activities in the country is centered in this region.

    Pacific Paint (Boysen) Philippines, Inc., Davies, Charter Chemical and Coating Corp., United Paints, Inc., Asian Coatings Philippines, Inc., Nippon Paints and Jotun Philippines are the major paint and coating producers in the country.

    Century Chemical Corp., FH Colors and Coatings, Globesco, Inc., H-Chem Industries, Inc., Mayon Industrial Corp., Roosevelt Chemical Industries, Inc., Super Globe, Inc., Sycwin Coating and Wires, Inc., Times Paint Corp. and Treasure Island Industrial Corporation belong to the medium-scale paints and coating producers in the country. 

    With a population of more than 108 million at the end of 2018, the Philippines is one of the fastest-growing economies of the South East Asia region.

    Paint and coating producers have reaped rich dividends of steady economic growth of recent years. The Gross Domestic Product (GDP) grew 6.2 percent in 2018, the slowest in three years, as high prices of basic commodities coupled with slower agriculture expansion tempered growth.

    However, the World Bank  projects the GDP to grow 6.5 percent this year and by 6.6 percent in 2020 and 2021.

    With a median age of 23 years and a very high degree of urbanization, the Philippines is expected to remain a very attractive market for domestic and multinational paint companies operating in the country for a number of years to come. 

    Comprised of 7,200 islands, the Philippines can be geographically divided into three major divisions according to the concentration of paints and coating producers.

    Luzon is the largest and northernmost grouping – home to the capital city Manila and most of the paint and coating production facilities.

    Visayas in the central region has the booming city of Cebu, which is the next target area of country’s paint and coating producers. Mindanao, located in the Southwest is the Philippines agricultural hub. The region lacks many paint and coating production facilities. 

    The Philippines paint and coating industry also has a number of weaknesses. The country has a prohibitive cost structure related to logistics, energy and raw materials, which are not available domestically.

    The Philippines’ paint producers have low capacity utilization rates as compared to their counterparts in other nearby countries.
    The country’s paint industry also suffers from low investment in technology upgrades.

    Pacific Paint  (Boysen) Philippines

    Pacific Paint (Boysen) Philippines is the largest paint and coating producer in the Philippines by a wide margin.

    The company claims to have nearly 60 percent of the domestic market share (based on volume).

    Founded in 1953 as a repacker of paint and lacquer thinners under the trade name Columbus, Pacific Paint (Boysen), the company produces architectural, industrial and marine coatings for the domestic market.

    The company ventured into paint production in 1958. 

    In 1960, Pacific Paint acquired the license to manufacture Boysen Paints in the Philippines from California-based company Walter N. Boysen. 

    Over the next decade, Pacific Paint was able to capture the lion’s share of premium quality paint market in the Philippines – outselling all leading U.S. brand paints that also operated production facilities in the country. 

    In 2000, Pacific Paint commissioned a fully integrated manufacturing facility just outside Metro Manila. This manufacturing plant is considered the biggest and most modern paint production facility in the country.

    Pacific Paint has emerged as the largest paint and coating producer in the country over the years.

    In 2017, the company recorded sales revenue of USD $280 million.

    Jotun Phillipines Inc.

    Jotun Inc. commenced commercial production at its plant in Batangas province in late 2017.

    Located in the industrial area of Sto. Tomas, Batangas, the seven-hectare plant has an installed capacity to produce five million liters of paint per year to supply coating requirements for marine, protective and decorative segments.

    In the Philippines, Jotun started through an agent in 1987 then became a branch office of Singapore operation in 2004.

    Jotun Philippines Inc. became fully operational in 2011 with offices in Sucat, Paranaque and in Mandaue, Cebu.

    In 2013, it made a decision to invest in a local production plant. Construction of the plant started in early 2016 and commercial production commenced in November 2017. 

    “It’s high time for Jotun to open its own factory since it has been operating here for more than 30 years,” Jotun’s Chairman of the Board Odd Gleditsch D.Y. said during the production facility’s inaugurations. “The Philippines market is important for us because we see good growth prospects in the future especially with the steady increase of investments in business areas where Jotun is relevant such as infrastructure and energy.”

    Nippon Paints Philippines Inc. 

    Nippon Paints Philippines Inc. was established in 1976 in Manila.

    With growing paint demands in the 1990s, the company set up a bigger plant in Cabuyao, Laguna, South of Manila in 1996 with an installed capacity of 30,000 TPA.

    Cabuyao plant produces industrial paints for automotive, appliances, coils, motorcycles and other related industries.
    The company also produces auto refinishes and varnishes. 
    Related Searches
    • coatings
    • paints
    • chemical
    • paint
    Suggested For You
    Nokxeller Microdispersions Nokxeller Microdispersions
    Marine Coatings Worth  $15 Billion by 2024 Marine Coatings Worth $15 Billion by 2024
    The Marine Coatings  Market The Marine Coatings Market
    Cathay Industries USA, Inc. Makes Exclusive Distributor Announcement Cathay Industries USA, Inc. Makes Exclusive Distributor Announcement
    46. Pacific Paint (Boysen)  46. Pacific Paint (Boysen)
    17. DuluxGroup Ltd. 17. DuluxGroup Ltd.
    10. Jotun AS 10. Jotun AS
    08. Kansai Paint Co., Ltd. 08. Kansai Paint Co., Ltd.
    It’s Time to Protect all  of the Surfaces It’s Time to Protect all of the Surfaces
    PPG Appoints James T. Jones as VP, Procurement PPG Appoints James T. Jones as VP, Procurement
    BCF Representing UK Coatings Industry at ChemCon Asia 2019 BCF Representing UK Coatings Industry at ChemCon Asia 2019
    Jotun Signs Agreement with World Jotun Signs Agreement with World's Largest Shipbuilder
    Powder Coatings Industry Enjoyed Positive Growth in 2018   Powder Coatings Industry Enjoyed Positive Growth in 2018
    Jotun Unveils Next Generation of SeaForce Biocidal Antifouling Range Jotun Unveils Next Generation of SeaForce Biocidal Antifouling Range
    GMI: Specialty Chemicals Market Worth $1.2 Trillion by 2024 GMI: Specialty Chemicals Market Worth $1.2 Trillion by 2024

    Related Buyers Guide Companies

    • Nokxeller Microdispersions

      ...
      Francisco Fava, Technical Manager 09.26.23

    • Marine Coatings Worth $15 Billion by 2024

      ...
      Kerry Pianoforte, Editor 08.09.19

    • The Marine Coatings  Market

      The Marine Coatings Market

      Growth expected despite increasing regulations and raw material supply issues.
      Anthony Locicero, Associate Editor 08.09.19


    • Breaking News | Distributor News | Pigments
      Cathay Industries USA, Inc. Makes Exclusive Distributor Announcement

      Cathay Industries USA, Inc. Makes Exclusive Distributor Announcement

      Andicor Specialty Chemicals has been selected as Cathay's distributor servicing all of the Canadian provinces.
      08.01.19

    • 46. Pacific Paint (Boysen)

      46. Pacific Paint (Boysen)

      ...
      07.03.19

    Loading, Please Wait..
    Trending
    • Sherwin-Williams Introduces High-Flexibility Body Filler
    • BASF Broadens Monomers Portfolio, Launches Bio-based 2-Octyl Acrylate
    • Axalta’s Brian Berube To Retire
    • “MyCarbonFootprint”: BASF Launches Dashboard For Sustainable Procurement
    • Masco Corporation Names Richard Westenberg VP, CFO
    Breaking News
    • AkzoNobel Names Sweet Embrace as Interpon Color of the Year 2024
    • PPG’s New Paint for a New Start Transforms 27 Schools Worldwide with Colorful Makeovers
    • PPG's New Paint for a New Start Initiative Transforms School for Children with Autism in Spain
    • OQ Chemicals Announces Price Increases for Oxo Intermediates
    • R.E. Carroll Inc. Packs and Donates 400 Backpacks to Students
    View Breaking News >
    CURRENT ISSUE

    September 2023

    • Powder Coatings Market
    • Performance Enhancing Additives
    • The Role Of Kilowatt Hours In Measuring Mill Performance
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    PLT Health Solutions Granted Claims for Botanical Ingredient in Canada
    CRN Files Petition with FTC For Clarity on Health Products Compliance Guidance
    Vitafoods Europe Relocates to Barcelona Starting 2025
    Coatings World

    Latest Breaking News From Coatings World

    AkzoNobel Names Sweet Embrace as Interpon Color of the Year 2024
    PPG’s New Paint for a New Start Transforms 27 Schools Worldwide with Colorful Makeovers
    PPG's New Paint for a New Start Initiative Transforms School for Children with Autism in Spain
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Moon Surgical Completes First U.S. Cases with Maestro System
    Senseonics Finishes 365-Day CGM Study Cohort
    Surface Solutions Group to Showcase GlideMed Coating at MD&M
    Contract Pharma

    Latest Breaking News From Contract Pharma

    WuXi Vaccines Launches Vaccines CDMO Site in China
    MilliporeSigma Launches Integrated mRNA Services
    IQVIA Names Richard Staub President of R&D Solutions
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Jennifer Coolidge Collaborates with e.l.f. Cosmetics for 'Dirty Pillows' Lip Collection
    Victoria Beckham Beauty Introduces First Fragrance Collection
    Voloom Taps Julius Michael as Brand Ambassador
    Happi

    Latest Breaking News From Happi

    Extracts-Unlimited Attains Organic Certification
    The Kline Group Breaks Down the Unbreakable Bonding Market
    ACI Welcomes Ana Fraisse as Manager, Sustainability Engagement
    Ink World

    Latest Breaking News From Ink World

    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification
    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar
    R.E. Carroll Inc. Packs, Donates 400 Backpacks to Students
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Bobst to 'unwrap the future of flexible packaging' at open house
    IDENTCO brings new automated wire marking system to Mexico
    Maan Engineering chooses Vetaphone for linerless labels
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Ana Fraisse Joins The American Cleaning Institute
    Weekly Recap: Soft N' Dry Seeks to Expand Private Label Roll Out, Albis Completes Work on Line
    Lenzing Earns EU Ecolabel at Indonesian Plant
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Abyrx's MONTAGE Settable Bone Putty Cleared for Cardiothoracic Surgery
    Theradaptive Receives DOD Clinical Trial Award of Up to $7.4 Million
    Saluda Medical's Evoke Spinal Cord Stimulation OK'ed for MRI Scans
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Nedap Teams with Foot Locker to Extend RFID Project
    Epishine Welcomes New CEO Anders Kottenauer
    ALIYO LED-on-foil Technology from ams OSRAM Creates New Effects

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login