Product Code: ETC8835164 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Automotive adhesives in the Philippines are witnessing growing demand due to their application in structural bonding, noise reduction, and corrosion resistance. As vehicle manufacturers aim to reduce weight and improve safety, adhesives are replacing traditional welding and mechanical fastening methods. Local and international suppliers are capitalizing on this trend by offering specialized adhesive solutions.
The automotive adhesives market in the Philippines is growing steadily with rising demand for lightweight vehicles and durable bonding solutions. Adhesives are replacing traditional mechanical fasteners in various automotive components to enhance strength while reducing vehicle weight. This shift is supported by local vehicle assembly operations and the rising presence of multinational automotive brands in the country. Additionally, technological innovations in epoxy and polyurethane adhesives are broadening application possibilities.
The automotive adhesives market is challenged by the prevalence of traditional mechanical fastening methods, which remain the norm among many local vehicle assemblers and repair services. Price sensitivity also drives reluctance to switch to more expensive adhesive solutions, even when they offer weight and performance benefits. A lack of standardized testing and validation facilities further limits the credibility and trust in adhesive technologies.
The automotive adhesives market in the Philippines is expanding as vehicle manufacturers seek more efficient, lightweight, and cost-effective alternatives to traditional fastening methods. Automotive adhesives are used for bonding components such as windshields, body panels, and interiors. Investors can explore opportunities in developing advanced adhesive formulations that provide high performance while reducing vehicle weight, enhancing fuel efficiency, and meeting environmental standards.
The adhesives market is bolstered by policies supporting local vehicle production and parts manufacturing. Under the Comprehensive Automotive Resurgence Strategy (CARS) Program, incentives are provided to manufacturers who localize vehicle components, including adhesives used in chassis, interior, and exterior assembly. The market benefits from the shift to lightweight materials requiring stronger bonding solutions.
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 Automotive Adhesives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Adhesives Market - Industry Life Cycle |
3.4 Philippines Automotive Adhesives Market - Porter's Five Forces |
3.5 Philippines Automotive Adhesives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Philippines Automotive Adhesives Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Philippines Automotive Adhesives Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.8 Philippines Automotive Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Automotive Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Automotive Adhesives Market Trends |
6 Philippines Automotive Adhesives Market, By Types |
6.1 Philippines Automotive Adhesives Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Adhesives Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Philippines Automotive Adhesives Market Revenues & Volume, By Water-based, 2021- 2031F |
6.1.4 Philippines Automotive Adhesives Market Revenues & Volume, By Solvent-based, 2021- 2031F |
6.1.5 Philippines Automotive Adhesives Market Revenues & Volume, By Hot melt, 2021- 2031F |
6.1.6 Philippines Automotive Adhesives Market Revenues & Volume, By Reactive & others, 2021- 2031F |
6.2 Philippines Automotive Adhesives Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Adhesives Market Revenues & Volume, By Bonding, 2021- 2031F |
6.2.3 Philippines Automotive Adhesives Market Revenues & Volume, By NVH, 2021- 2031F |
6.2.4 Philippines Automotive Adhesives Market Revenues & Volume, By Sealing/Protection, 2021- 2031F |
6.3 Philippines Automotive Adhesives Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Adhesives Market Revenues & Volume, By Passenger cars, 2021- 2031F |
6.3.3 Philippines Automotive Adhesives Market Revenues & Volume, By Light commercial vehicles, 2021- 2031F |
6.3.4 Philippines Automotive Adhesives Market Revenues & Volume, By Heavy & Medium commercial vehicles, 2021- 2031F |
6.4 Philippines Automotive Adhesives Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Automotive Adhesives Market Revenues & Volume, By Exterior, 2021- 2031F |
6.4.3 Philippines Automotive Adhesives Market Revenues & Volume, By Interior, 2021- 2031F |
6.4.4 Philippines Automotive Adhesives Market Revenues & Volume, By Powertrain, 2021- 2031F |
6.4.5 Philippines Automotive Adhesives Market Revenues & Volume, By Electronics, 2021- 2031F |
6.4.6 Philippines Automotive Adhesives Market Revenues & Volume, By Body in white, 2021- 2031F |
6.4.7 Philippines Automotive Adhesives Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Automotive Adhesives Market Import-Export Trade Statistics |
7.1 Philippines Automotive Adhesives Market Export to Major Countries |
7.2 Philippines Automotive Adhesives Market Imports from Major Countries |
8 Philippines Automotive Adhesives Market Key Performance Indicators |
9 Philippines Automotive Adhesives Market - Opportunity Assessment |
9.1 Philippines Automotive Adhesives Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Philippines Automotive Adhesives Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Philippines Automotive Adhesives Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.4 Philippines Automotive Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Automotive Adhesives Market - Competitive Landscape |
10.1 Philippines Automotive Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |