| Product Code: ETC8833747 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Acrylonitrile is a crucial raw material in the production of synthetic fibers, ABS plastics, and nitrile rubbers. In the Philippines, the market is driven by downstream demand in automotive and textile industries. However, reliance on imports and volatile global prices pose challenges to market stability.
The Philippines` acrylonitrile market is influenced by demand from acrylic fibers, resins, and nitrile rubber. Although the country relies heavily on imports, growing applications in automotive components, electronics, and synthetic textiles are creating long-term growth potential.
The acrylonitrile market experiences challenges from environmental concerns related to its toxicity and hazardous nature, requiring strict handling and disposal regulations. Production involves significant energy consumption and emissions, which are increasingly scrutinized by regulators. The market also suffers from price volatility driven by the petrochemical sectorâs fluctuations and global trade dynamics.
Acrylonitrile is a key raw material for the production of plastics and synthetic fibers. The Philippinesâ expanding manufacturing sector, particularly in textiles and automotive parts, provides fertile ground for investment in local acrylonitrile production or import distribution. Strengthening supply chains to ensure timely and cost-efficient delivery will be critical in capturing market share.
Acrylonitrile production and use are tightly controlled due to its toxicity and environmental hazards. The government enforces stringent chemical safety laws, emission standards, and occupational exposure limits, with the DENR and DOLE overseeing compliance.
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 Acrylonitrile Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Acrylonitrile Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Acrylonitrile Market - Industry Life Cycle |
3.4 Philippines Acrylonitrile Market - Porter's Five Forces |
3.5 Philippines Acrylonitrile Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines Acrylonitrile Market Revenues & Volume Share, By Process Technology, 2021 & 2031F |
4 Philippines Acrylonitrile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acrylonitrile in manufacturing industries such as textiles, automotive, and electronics. |
4.2.2 Growing investments in infrastructure projects driving the demand for acrylonitrile-based products. |
4.2.3 Favorable government policies promoting the use of acrylonitrile in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the production cost of acrylonitrile. |
4.3.2 Environmental concerns and regulations related to the manufacturing process of acrylonitrile. |
4.3.3 Competition from alternative materials impacting the market growth. |
5 Philippines Acrylonitrile Market Trends |
6 Philippines Acrylonitrile Market, By Types |
6.1 Philippines Acrylonitrile Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Acrylonitrile Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Philippines Acrylonitrile Market Revenues & Volume, By Acrylic Fiber, 2021- 2031F |
6.1.4 Philippines Acrylonitrile Market Revenues & Volume, By Acrylonitrile, 2021- 2031F |
6.1.5 Philippines Acrylonitrile Market Revenues & Volume, By Butadiene Styrene, 2021- 2031F |
6.1.6 Philippines Acrylonitrile Market Revenues & Volume, By Styrene-Acrylonitrile Resin, 2021- 2031F |
6.1.7 Philippines Acrylonitrile Market Revenues & Volume, By Acrylamide, 2021- 2031F |
6.1.8 Philippines Acrylonitrile Market Revenues & Volume, By Nitrile Butadiene Rubber, 2021- 2031F |
6.2 Philippines Acrylonitrile Market, By Process Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Acrylonitrile Market Revenues & Volume, By Ammoxidation Process, 2021- 2031F |
6.2.3 Philippines Acrylonitrile Market Revenues & Volume, By Other Production Processes, 2021- 2031F |
7 Philippines Acrylonitrile Market Import-Export Trade Statistics |
7.1 Philippines Acrylonitrile Market Export to Major Countries |
7.2 Philippines Acrylonitrile Market Imports from Major Countries |
8 Philippines Acrylonitrile Market Key Performance Indicators |
8.1 Capacity utilization rate of acrylonitrile production facilities. |
8.2 Research and development investment in acrylonitrile-based product innovations. |
8.3 Level of imports and exports of acrylonitrile and its derivatives. |
9 Philippines Acrylonitrile Market - Opportunity Assessment |
9.1 Philippines Acrylonitrile Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines Acrylonitrile Market Opportunity Assessment, By Process Technology, 2021 & 2031F |
10 Philippines Acrylonitrile Market - Competitive Landscape |
10.1 Philippines Acrylonitrile Market Revenue Share, By Companies, 2024 |
10.2 Philippines Acrylonitrile 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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