Product Code: ETC8833536 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for 14-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex in the Philippines is expanding, driven by the growing demand for spandex in the apparel and textile industries. PTMEG, a key component in the production of spandex fibers, is widely used in activewear, sportswear, and other flexible materials. The increasing popularity of athleisure and performance fabrics is fueling market growth, as well as innovations in the production of more sustainable and eco-friendly spandex fibers.
The market for 14-butanediol (BDO), polytetramethylene ether glycol (PTMEG), and spandex in the Philippines is growing as demand for these materials increases in the textile and automotive industries. BDO is a key raw material in the production of PTMEG, which is used to make spandex fibers. The increasing demand for elastic fabrics in the fashion and athletic wear sectors, along with the growing automotive sector, is driving the market for these materials in the Philippines.
The Philippines 14-Butanediol (BDO) Polytetramethylene Ether Glycol (PTMEG) & Spandex Market faces challenges due to fluctuations in the prices of petrochemical products, which are key raw materials for the production of these compounds. Moreover, competition from international suppliers can undermine the growth of domestic producers. The market also faces issues related to technological advancements in production methods, which may require significant capital investment to adopt and scale effectively.
The 14-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex Market in the Philippines offers substantial investment opportunities due to the increasing demand for high-performance materials in the textile, automotive, and industrial sectors. BDO is used in the production of PTMEG, which in turn is a key ingredient in the manufacturing of spandex fibers. As the demand for high-quality fabrics and textiles rises, particularly in the activewear and fashion industries, the need for spandex and related materials is increasing. Investment opportunities include establishing local production facilities for BDO and PTMEG, expanding the spandex supply chain, and exploring new applications for these materials in other industries.
The growth of the 14-butanediol (BDO) and related products market in the Philippines is driven by government policies that focus on the expansion of the textile and automotive industries. The Department of Trade and Industry (DTI) supports the production and use of these chemicals in the manufacturing of spandex and other materials, offering incentives for businesses that invest in sustainable production methods.
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 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Industry Life Cycle |
3.4 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Porter's Five Forces |
3.5 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By 1,4-BDO Application, 2021 & 2031F |
3.6 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By PTMEG Application, 2021 & 2031F |
3.7 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By Spandex Application, 2021 & 2031F |
4 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Trends |
6 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By Types |
6.1 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By 1,4-BDO Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By 1,4-BDO Application, 2021- 2031F |
6.1.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Tetrahydrofuran (THF), 2021- 2031F |
6.1.4 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Polybutylene Terephthalate (PBT), 2021- 2031F |
6.1.5 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Gamma-Butyrolactone (GBT), 2021- 2031F |
6.1.6 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By PTMEG Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Spandex, 2021- 2031F |
6.2.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Co-polyester-Ether Elastomers (COPE), 2021- 2031F |
6.2.4 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Urethanes, 2021- 2031F |
6.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By Spandex Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Medical & Hygiene, 2021- 2031F |
6.3.4 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Automotive Interiors, 2021- 2031F |
7 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Import-Export Trade Statistics |
7.1 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Export to Major Countries |
7.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Imports from Major Countries |
8 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Key Performance Indicators |
9 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Opportunity Assessment |
9.1 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By 1,4-BDO Application, 2021 & 2031F |
9.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By PTMEG Application, 2021 & 2031F |
9.3 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By Spandex Application, 2021 & 2031F |
10 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Competitive Landscape |
10.1 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenue Share, By Companies, 2024 |
10.2 Philippines 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |