Product Code: ETC8834315 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Alkyd coatings continue to hold a significant share in the industrial and decorative paints segment in the Philippines. These coatings offer good adhesion, gloss, and durability for wood, metal, and masonry applications. The market is seeing a shift toward low-VOC and waterborne variants in line with environmental regulations.
The alkyd coatings market is growing steadily due to its widespread use in construction, automotive, and industrial applications. In the Philippines, demand is driven by infrastructure development and the need for cost-effective, durable coatings. Advances in eco-friendly formulations with low VOC emissions are shaping market trends.
Alkyd coatings face increasing pressure to reduce volatile organic compound (VOC) emissions to meet environmental standards. The need to balance performance characteristics such as durability and drying time with regulatory compliance complicates formulation. Market competition from alternative coatings also affects growth prospects.
The Philippines alkyd coatings market offers promising investment opportunities as construction and automotive industries grow. Alkyd coatings, valued for their durability and cost-effectiveness, are widely used for architectural paints and industrial applications. Investors can capitalize on rising demand for eco-friendly and low-VOC formulations to meet stricter environmental regulations and sustainability goals.
The government mandates environmental regulations on volatile organic compound (VOC) emissions from alkyd coatings. Policies promote the use of low-VOC and eco-friendly coating formulations to reduce pollution. The DENR monitors compliance, while incentives are available to manufacturers investing in green chemistry technologies.
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 Alkyd Coatings Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Alkyd Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Alkyd Coatings Market - Industry Life Cycle |
3.4 Philippines Alkyd Coatings Market - Porter's Five Forces |
3.5 Philippines Alkyd Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Alkyd Coatings Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.7 Philippines Alkyd Coatings Market Revenues & Volume Share, By Formulation Type, 2021 & 2031F |
3.8 Philippines Alkyd Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Philippines Alkyd Coatings Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Philippines Alkyd Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in the Philippines leading to increased demand for alkyd coatings |
4.2.2 Rising disposable income and urbanization driving the demand for decorative and protective coatings |
4.2.3 Government initiatives to boost infrastructure development and maintenance projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of alkyd coatings |
4.3.2 Stringent environmental regulations regarding VOC emissions affecting the formulation of alkyd coatings |
4.3.3 Competition from alternative coating technologies like acrylics and epoxies |
5 Philippines Alkyd Coatings Market Trends |
6 Philippines Alkyd Coatings Market, By Types |
6.1 Philippines Alkyd Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Alkyd Coatings Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Philippines Alkyd Coatings Market Revenues & Volume, By Non-Drying Alkyd Resins, 2021- 2031F |
6.1.4 Philippines Alkyd Coatings Market Revenues & Volume, By Drying Alkyd Resins, 2021- 2031F |
6.1.5 Philippines Alkyd Coatings Market Revenues & Volume, By Semi-Drying Alkyd Resins, 2021- 2031F |
6.2 Philippines Alkyd Coatings Market, By Process Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Alkyd Coatings Market Revenues & Volume, By Fatty Acid Process, 2021- 2031F |
6.2.3 Philippines Alkyd Coatings Market Revenues & Volume, By Glyceride Process, 2021- 2031F |
6.3 Philippines Alkyd Coatings Market, By Formulation Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Alkyd Coatings Market Revenues & Volume, By High-Solids Alkyds, 2021- 2031F |
6.3.3 Philippines Alkyd Coatings Market Revenues & Volume, By Waterborne Alkyds, 2021- 2031F |
6.3.4 Philippines Alkyd Coatings Market Revenues & Volume, By Modifying Alkyds, 2021- 2031F |
6.3.5 Philippines Alkyd Coatings Market Revenues & Volume, By Solvent Borne Coatings, 2021- 2031F |
6.3.6 Philippines Alkyd Coatings Market Revenues & Volume, By Powder Coatings, 2021- 2031F |
6.3.7 Philippines Alkyd Coatings Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Alkyd Coatings Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Alkyd Coatings Market Revenues & Volume, By Automotive Refinishing Primers, 2021- 2031F |
6.4.3 Philippines Alkyd Coatings Market Revenues & Volume, By Coil Coatings, 2021- 2031F |
6.4.4 Philippines Alkyd Coatings Market Revenues & Volume, By Drum and Metal Container Coating, 2021- 2031F |
6.4.5 Philippines Alkyd Coatings Market Revenues & Volume, By Electrical Insulating Enamels, 2021- 2031F |
6.4.6 Philippines Alkyd Coatings Market Revenues & Volume, By Exterior Trim Paints, 2021- 2031F |
6.4.7 Philippines Alkyd Coatings Market Revenues & Volume, By Maintenance Paint, 2021- 2031F |
6.4.8 Philippines Alkyd Coatings Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Philippines Alkyd Coatings Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Alkyd Coatings Market, By End Use Industry |
6.5.1 Overview and Analysis |
6.5.2 Philippines Alkyd Coatings Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.5.3 Philippines Alkyd Coatings Market Revenues & Volume, By Architecture Industry, 2021- 2031F |
6.5.4 Philippines Alkyd Coatings Market Revenues & Volume, By Marine Industry, 2021- 2031F |
6.5.5 Philippines Alkyd Coatings Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.5.6 Philippines Alkyd Coatings Market Revenues & Volume, By Appliances and Others, 2021- 2031F |
7 Philippines Alkyd Coatings Market Import-Export Trade Statistics |
7.1 Philippines Alkyd Coatings Market Export to Major Countries |
7.2 Philippines Alkyd Coatings Market Imports from Major Countries |
8 Philippines Alkyd Coatings Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly formulations in alkyd coatings |
8.2 Percentage increase in infrastructure spending by the government |
8.3 Number of new construction projects using alkyd coatings |
8.4 Innovation rate in alkyd coating technology |
8.5 Customer satisfaction and repeat purchase rate for alkyd coatings |
9 Philippines Alkyd Coatings Market - Opportunity Assessment |
9.1 Philippines Alkyd Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Alkyd Coatings Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.3 Philippines Alkyd Coatings Market Opportunity Assessment, By Formulation Type, 2021 & 2031F |
9.4 Philippines Alkyd Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Philippines Alkyd Coatings Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Philippines Alkyd Coatings Market - Competitive Landscape |
10.1 Philippines Alkyd Coatings Market Revenue Share, By Companies, 2024 |
10.2 Philippines Alkyd Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |