| Product Code: ETC8849311 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines witnessed a shift in the concentration of polyurethane foam import shipments, transitioning from moderate to low concentration. The top exporters to the Philippines included Japan, Malaysia, China, South Korea, and Singapore. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained robust at 7.95%. This data suggests a steady demand for polyurethane foam in the Philippines, with diverse sources of supply contributing to the market stability.

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 Polyurethane Foam Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polyurethane Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polyurethane Foam Market - Industry Life Cycle |
3.4 Philippines Polyurethane Foam Market - Porter's Five Forces |
3.5 Philippines Polyurethane Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Polyurethane Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Philippines Polyurethane Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyurethane foam in the furniture industry due to its lightweight, durable, and cost-effective properties. |
4.2.2 Growth in construction activities and infrastructure development projects driving the demand for polyurethane foam insulation materials. |
4.2.3 Rising awareness about energy efficiency and sustainability leading to higher adoption of polyurethane foam for insulation purposes. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of polyurethane foam impacting the overall production costs. |
4.3.2 Stringent regulations and environmental concerns regarding the use of certain chemicals in polyurethane foam production affecting market growth. |
4.3.3 Competition from alternative insulation materials like fiberglass and mineral wool posing a challenge to the polyurethane foam market. |
5 Philippines Polyurethane Foam Market Trends |
6 Philippines Polyurethane Foam Market, By Types |
6.1 Philippines Polyurethane Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polyurethane Foam Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Polyurethane Foam Market Revenues & Volume, By Rigid Foam, 2021- 2031F |
6.1.4 Philippines Polyurethane Foam Market Revenues & Volume, By Flexible Foam, 2021- 2031F |
6.1.5 Philippines Polyurethane Foam Market Revenues & Volume, By Spray Foam, 2021- 2031F |
6.2 Philippines Polyurethane Foam Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polyurethane Foam Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Philippines Polyurethane Foam Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.4 Philippines Polyurethane Foam Market Revenues & Volume, By Footwear, 2021- 2031F |
6.2.5 Philippines Polyurethane Foam Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.6 Philippines Polyurethane Foam Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Polyurethane Foam Market Import-Export Trade Statistics |
7.1 Philippines Polyurethane Foam Market Export to Major Countries |
7.2 Philippines Polyurethane Foam Market Imports from Major Countries |
8 Philippines Polyurethane Foam Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using polyurethane foam insulation. |
8.2 Number of construction permits issued indicating the level of construction activity in the Philippines. |
8.3 Adoption rate of polyurethane foam in new construction projects. |
8.4 Number of furniture manufacturers using polyurethane foam in their products. |
8.5 Demand for eco-friendly polyurethane foam products in the market. |
9 Philippines Polyurethane Foam Market - Opportunity Assessment |
9.1 Philippines Polyurethane Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Polyurethane Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Philippines Polyurethane Foam Market - Competitive Landscape |
10.1 Philippines Polyurethane Foam Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polyurethane Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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