| Product Code: ETC8833740 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` acrylic resin import market continued to show steady growth in 2024, with top exporters being China, Taiwan, Malaysia, Japan, and South Korea. The market concentration decreased from moderate to low in 2024, indicating a more diversified import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.73%, with a growth rate of 4.51% from 2023 to 2024. These trends suggest a positive outlook for the acrylic resin import market in the Philippines, driven by strong demand and a broadening supplier base.

The acrylic resin market in the Philippines supports sectors such as automotive, construction, and industrial coatings. Known for their weatherability, gloss, and resistance to UV radiation, acrylic resins are integral to durable finishes. Increasing construction activity and modernization of consumer products fuel demand.
The acrylic resin market in the Philippines is projected to grow, driven by their applications in paints, coatings, adhesives, and plastics. Rising demand from construction, automotive, and packaging industries contributes to market growth.
Acrylic resin producers contend with price volatility in raw materials and stringent environmental regulations. Competition from alternative resins and bio-based polymers challenges traditional acrylic resin markets. Product innovation is needed to meet evolving industry standards and sustainability goals.
Acrylic resin is extensively used in paints, coatings, and adhesives. Investment in local production or reliable import sourcing, coupled with environmentally friendly product lines, can attract customers focused on sustainable construction and manufacturing.
Acrylic resins are regulated for chemical safety, product standards, and environmental compliance. Policies promote innovation in sustainable materials and monitor emissions from resin manufacturing plants to protect public health.
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 Acrylic Resin Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Acrylic Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Acrylic Resin Market - Industry Life Cycle |
3.4 Philippines Acrylic Resin Market - Porter's Five Forces |
3.5 Philippines Acrylic Resin Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Acrylic Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Acrylic Resin Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Philippines Acrylic Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the construction industry in the Philippines |
4.2.2 Increasing usage of acrylic resin in automotive coatings |
4.2.3 Rise in infrastructure projects and urban development initiatives |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Environmental regulations impacting production processes |
4.3.3 Competition from alternative resin materials |
5 Philippines Acrylic Resin Market Trends |
6 Philippines Acrylic Resin Market, By Types |
6.1 Philippines Acrylic Resin Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Acrylic Resin Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Acrylic Resin Market Revenues & Volume, By Acrylates, 2021- 2031F |
6.1.4 Philippines Acrylic Resin Market Revenues & Volume, By Methacrylate, 2021- 2031F |
6.1.5 Philippines Acrylic Resin Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.1.6 Philippines Acrylic Resin Market Revenues & Volume, By Application, 2021- 2031F |
6.1.7 Philippines Acrylic Resin Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.1.8 Philippines Acrylic Resin Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2 Philippines Acrylic Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Acrylic Resin Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.3 Philippines Acrylic Resin Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.3 Philippines Acrylic Resin Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Acrylic Resin Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.3 Philippines Acrylic Resin Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Philippines Acrylic Resin Market Revenues & Volume, By Plastics, 2021- 2031F |
6.3.5 Philippines Acrylic Resin Market Revenues & Volume, By Textile and Fibers, 2021- 2031F |
6.3.6 Philippines Acrylic Resin Market Revenues & Volume, By Paper and Paperboard, 2021- 2031F |
6.3.7 Philippines Acrylic Resin Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
7 Philippines Acrylic Resin Market Import-Export Trade Statistics |
7.1 Philippines Acrylic Resin Market Export to Major Countries |
7.2 Philippines Acrylic Resin Market Imports from Major Countries |
8 Philippines Acrylic Resin Market Key Performance Indicators |
8.1 Average selling price of acrylic resin in the Philippines |
8.2 Number of new construction projects utilizing acrylic resin |
8.3 Adoption rate of acrylic resin in the automotive sector |
8.4 Investment in RD for acrylic resin product development |
8.5 Percentage of market share held by acrylic resin compared to other resin materials |
9 Philippines Acrylic Resin Market - Opportunity Assessment |
9.1 Philippines Acrylic Resin Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Acrylic Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Acrylic Resin Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Philippines Acrylic Resin Market - Competitive Landscape |
10.1 Philippines Acrylic Resin Market Revenue Share, By Companies, 2024 |
10.2 Philippines Acrylic Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |