Product Code: ETC8833874 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The adhesives market in the Philippines is experiencing robust growth across construction, packaging, and consumer goods industries. Rising manufacturing activity and infrastructure projects drive demand for both industrial-grade and specialty adhesives, with water-based and hot-melt variants gaining popularity.
The adhesives market in the Philippines is robust and expanding across diverse applications including construction, packaging, automotive, and furniture manufacturing. Demand for both water-based and hot melt adhesives is increasing as manufacturers look for efficient, eco-friendly bonding solutions. The packaging sector, in particular, has seen a spike due to the boom in e-commerce and consumer goods. Market growth is supported by ongoing urbanization and infrastructure projects, though price competition from imported products remains a key challenge.
The adhesives market encounters significant competition from imported products, many of which are offered at lower prices. Environmental regulations on solvent-based adhesives impose reformulation challenges. Additionally, fluctuating raw material costs and supply chain vulnerabilities, particularly for petrochemical derivatives, impact production costs and profitability.
The adhesives market spans industrial, construction, and consumer applications. Investment opportunities include developing eco-friendly adhesives, expanding manufacturing capacity, and establishing distribution networks. Growth in packaging and automotive sectors further supports market expansion.
The adhesives market is overseen by the FDA for products used in medical and consumer applications, while industrial adhesives are regulated by the BPS and DENR for safety and environmental compliance. The government promotes innovation in adhesive formulations, particularly for construction, automotive, and packaging industries, supporting local manufacturers through incentives and standards harmonization with international best practices.
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 Adhesives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Adhesives Market - Industry Life Cycle |
3.4 Philippines Adhesives Market - Porter's Five Forces |
3.5 Philippines Adhesives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Adhesives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Philippines Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Adhesives Market Trends |
6 Philippines Adhesives Market, By Types |
6.1 Philippines Adhesives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Adhesives Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Adhesives Market Revenues & Volume, By Water-based Solvent-based, 2021- 2031F |
6.1.4 Philippines Adhesives Market Revenues & Volume, By Hot Melt Pressure, 2021- 2031F |
6.1.5 Philippines Adhesives Market Revenues & Volume, By Sensitive Reactive, 2021- 2031F |
6.2 Philippines Adhesives Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Adhesives Market Revenues & Volume, By Paper & Packaging, 2021- 2031F |
6.2.3 Philippines Adhesives Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Philippines Adhesives Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.5 Philippines Adhesives Market Revenues & Volume, By Woodworking, 2021- 2031F |
6.2.6 Philippines Adhesives Market Revenues & Volume, By Leather & Footwear Consumer/DIY, 2021- 2031F |
7 Philippines Adhesives Market Import-Export Trade Statistics |
7.1 Philippines Adhesives Market Export to Major Countries |
7.2 Philippines Adhesives Market Imports from Major Countries |
8 Philippines Adhesives Market Key Performance Indicators |
9 Philippines Adhesives Market - Opportunity Assessment |
9.1 Philippines Adhesives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Adhesives Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Philippines Adhesives Market - Competitive Landscape |
10.1 Philippines Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |