| Product Code: ETC11263393 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Philippines continued to see significant adhesive import shipments, with China, Japan, Singapore, USA, and Taiwan, Province of China being the top exporting countries. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at a healthy 4.16%, indicating steady expansion in the adhesive import market in the Philippines. This data suggests a stable demand for adhesive products in the country, with key players maintaining their strong presence in the market.

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 Adhesive Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Adhesive Market - Industry Life Cycle |
3.4 Philippines Adhesive Market - Porter's Five Forces |
3.5 Philippines Adhesive Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Philippines Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Adhesive Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
4 Philippines Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects driving demand for adhesives |
4.2.2 Increasing adoption of adhesive products in automotive and electronics industries |
4.2.3 Rise in disposable income leading to higher consumer spending on DIY and home improvement projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative bonding technologies such as mechanical fasteners |
4.3.3 Stringent regulations pertaining to the use of certain chemicals in adhesive formulations |
5 Philippines Adhesive Market Trends |
6 Philippines Adhesive Market, By Types |
6.1 Philippines Adhesive Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Philippines Adhesive Market Revenues & Volume, By End User, 2021 - 2031F |
6.1.3 Philippines Adhesive Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.1.4 Philippines Adhesive Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.5 Philippines Adhesive Market Revenues & Volume, By Building and Construction, 2021 - 2031F |
6.1.6 Philippines Adhesive Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.1.7 Philippines Adhesive Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2 Philippines Adhesive Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Adhesive Market Revenues & Volume, By Hot Melt, 2021 - 2031F |
6.2.3 Philippines Adhesive Market Revenues & Volume, By Reactive, 2021 - 2031F |
6.2.4 Philippines Adhesive Market Revenues & Volume, By Solvent-borne, 2021 - 2031F |
6.2.5 Philippines Adhesive Market Revenues & Volume, By UV Cured Adhesives, 2021 - 2031F |
6.2.6 Philippines Adhesive Market Revenues & Volume, By Water-borne, 2021 - 2031F |
6.3 Philippines Adhesive Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Adhesive Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.3.3 Philippines Adhesive Market Revenues & Volume, By Cyanoacrylate, 2021 - 2031F |
6.3.4 Philippines Adhesive Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.3.5 Philippines Adhesive Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.3.6 Philippines Adhesive Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.3.7 Philippines Adhesive Market Revenues & Volume, By VAE/EVA, 2021 - 2029F |
7 Philippines Adhesive Market Import-Export Trade Statistics |
7.1 Philippines Adhesive Market Export to Major Countries |
7.2 Philippines Adhesive Market Imports from Major Countries |
8 Philippines Adhesive Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly adhesive solutions |
8.2 Number of new product launches and innovations in the adhesive market |
8.3 Adoption rate of advanced adhesive technologies in key end-user industries |
9 Philippines Adhesive Market - Opportunity Assessment |
9.1 Philippines Adhesive Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Philippines Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Adhesive Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
10 Philippines Adhesive Market - Competitive Landscape |
10.1 Philippines Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Philippines Adhesive 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.
To discover high-growth global markets and optimize your business strategy:
Click Here