Product Code: ETC069708 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Polyurethane Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.31% in 2025, the growth rate steadily ascends to 0.58% in 2029.
By 2027, the Polyurethane market in Philippines is anticipated to reach a growth rate of 0.46%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Philippines polyurethane market is projected to witness a healthy CAGR during the forecast period, 2025-2031. The growing demand for lightweight and durable materials from automotive, construction, furniture & bedding, electrical & electronics industries are driving the growth of this market. Additionally, increasing use of polyurethane foam based products in insulation applications used in refrigerators and air conditioners is propelling the market growth of polyurethanes in the country
Growing demand for environment friendly bio PU foams derived from renewable resources such as soybean oil is being observed among companies operating in this sector. Additionally, the rising trend for customizing products according to end user requirements have been seen among manufacturers which provide effective solutions to customers??? needs resulting into product differentiation strategies adopted by them.
High cost associated with R&D activities undertaken by big brands manufacturing advanced formulators alongwith volatile raw material prices forms major challenge faced by small scale vendors operating within local markets restricting their ability to compete well against established names present within international arena affecting new investments prospects adversely during near term future outlooks
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 Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polyurethane Market - Industry Life Cycle |
3.4 Philippines Polyurethane Market - Porter's Five Forces |
3.5 Philippines Polyurethane Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Polyurethane Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Philippines Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Polyurethane Market Trends |
6 Philippines Polyurethane Market, By Types |
6.1 Philippines Polyurethane Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polyurethane Market Revenues & Volume, By Types, 2018 - 2031F |
6.1.3 Philippines Polyurethane Market Revenues & Volume, By Flexible Foam, 2018 - 2031F |
6.1.4 Philippines Polyurethane Market Revenues & Volume, By Rigid Foam, 2018 - 2031F |
6.1.5 Philippines Polyurethane Market Revenues & Volume, By Coating, 2018 - 2031F |
6.1.6 Philippines Polyurethane Market Revenues & Volume, By Adhesives & Sealants, 2018 - 2031F |
6.1.7 Philippines Polyurethane Market Revenues & Volume, By Elastomers, 2018 - 2031F |
6.1.8 Philippines Polyurethane Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Philippines Polyurethane Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polyurethane Market Revenues & Volume, By Automotive & Transportation, 2018 - 2031F |
6.2.3 Philippines Polyurethane Market Revenues & Volume, By Building & Construction, 2018 - 2031F |
6.2.4 Philippines Polyurethane Market Revenues & Volume, By Appliances & Whitegoods, 2018 - 2031F |
6.2.5 Philippines Polyurethane Market Revenues & Volume, By Footwear, 2018 - 2031F |
6.2.6 Philippines Polyurethane Market Revenues & Volume, By Others, 2018 - 2031F |
7 Philippines Polyurethane Market Import-Export Trade Statistics |
7.1 Philippines Polyurethane Market Export to Major Countries |
7.2 Philippines Polyurethane Market Imports from Major Countries |
8 Philippines Polyurethane Market Key Performance Indicators |
9 Philippines Polyurethane Market - Opportunity Assessment |
9.1 Philippines Polyurethane Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Polyurethane Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Philippines Polyurethane Market - Competitive Landscape |
10.1 Philippines Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |