Product Code: ETC199241 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines ammonium thiocyanate market was valued at USD 5.6 million in 2025 and is expected to reach USD 6.5 million, growing at a CAGR of 2.5% during the forecast period. It is mainly used for printing on textiles, making photographic emulsions or toners for xerographic processes; producing specialty chemicals like dyes; stabilizing rubber products; metal finishing etc., which are further driving its demand across different end use industries including automotive and construction sector among others.
The Philippines ammonium thiocyanate market growth is influenced by several key drivers. Ammonium thiocyanate is used in diverse applications, including in the chemical industry, textiles, and photography. The chemical industry`s demand for ammonium thiocyanate as a versatile reagent and precursor to various compounds drives its market growth. In the textile sector, it finds use in dyeing and printing processes. Moreover, its role in photography and the presence of various end-user industries contribute to steady demand, propelling market expansion.
The Philippines ammonium thiocyanate market faces challenges associated with its applications in chemicals, pharmaceuticals, and photography. Fluctuating demand, raw material availability, and environmental concerns related to thiocyanate compounds can impact the market`s stability. Moreover, handling and disposal considerations due to its toxic nature pose challenges for safe use. Market players need to address these challenges to maintain a consistent supply while adhering to safety and environmental standards.
In the Philippines ammonium thiocyanate market, the COVID-19 pandemic introduced challenges due to its impact on industries such as chemicals and pharmaceuticals. Ammonium thiocyanate, used in various applications including pharmaceutical intermediates and analytical reagents, faced disruptions in supply chains and shifts in demand patterns. The market`s adaptability was crucial in maintaining a stable supply for different applications.
AmmoniumThiocyanate Corp, ThiocyanateAmmonium Industries, and NH4SCN Tech Solutions are pivotal in the Philippines ammonium thiocyanate market. These entities supply ammonium thiocyanate, used in the textile industry, as a corrosion inhibitor, and in chemical processes.
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 Ammonium Thiocyanate Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Ammonium Thiocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Ammonium Thiocyanate Market - Industry Life Cycle |
3.4 Philippines Ammonium Thiocyanate Market - Porter's Five Forces |
3.5 Philippines Ammonium Thiocyanate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Ammonium Thiocyanate Market Revenues & Volume Share, By Purity Grade, 2021 & 2031F |
3.7 Philippines Ammonium Thiocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Ammonium Thiocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Ammonium Thiocyanate Market Trends |
6 Philippines Ammonium Thiocyanate Market, By Types |
6.1 Philippines Ammonium Thiocyanate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Solid, 2021-2031F |
6.1.4 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Philippines Ammonium Thiocyanate Market, By Purity Grade |
6.2.1 Overview and Analysis |
6.2.2 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Less than 95%, 2021-2031F |
6.2.3 Philippines Ammonium Thiocyanate Market Revenues & Volume, By 95% to 98%, 2021-2031F |
6.2.4 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Higher than 98%, 2021-2031F |
6.3 Philippines Ammonium Thiocyanate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Chemical Raw Materials, 2021-2031F |
6.3.3 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Printing, 2021-2031F |
6.3.4 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Dyeing, 2021-2031F |
6.3.5 Philippines Ammonium Thiocyanate Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Ammonium Thiocyanate Market Import-Export Trade Statistics |
7.1 Philippines Ammonium Thiocyanate Market Export to Major Countries |
7.2 Philippines Ammonium Thiocyanate Market Imports from Major Countries |
8 Philippines Ammonium Thiocyanate Market Key Performance Indicators |
9 Philippines Ammonium Thiocyanate Market - Opportunity Assessment |
9.1 Philippines Ammonium Thiocyanate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Ammonium Thiocyanate Market Opportunity Assessment, By Purity Grade, 2021 & 2031F |
9.3 Philippines Ammonium Thiocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Ammonium Thiocyanate Market - Competitive Landscape |
10.1 Philippines Ammonium Thiocyanate Market Revenue Share, By Companies, 2024 |
10.2 Philippines Ammonium Thiocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |