| Product Code: ETC109968 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Despite a steep decline in growth rate in 2024, the Philippines saw a significant Compound Annual Growth Rate (CAGR) of 10.64% in bisphenol A import shipments from 2020 to 2024. Top exporting countries to the Philippines in 2024 included Taiwan, South Korea, China, Singapore, and Germany, indicating a diverse import market. However, the market continues to exhibit high concentration with a very high Herfindahl-Hirschman Index (HHI) in 2024. Monitoring market dynamics and regulatory developments will be crucial for stakeholders in the bisphenol A industry in the Philippines.

The Bisphenol A market in Philippines is projected to grow at a negative growth rate of -0.08% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The bisphenol A (BPA) market in Philippines is projected to grow significantly over the forecast period, owing to rising application scope of BPA resins used for food packaging products like beverage containers due to their excellent barrier property against moisture & oxygen permeability along with improved thermal stability compared with traditional packaging technologies like paper cardboard boxes or plastic bags thus escalating product popularity among masses. Moreover, augmenting utilization of thermoplastic polymers especially polycarbonate made from raw material BPA resin across numerous electrical & electronic appliances including mobile phones & computers on account of improved durability over metals coupled with its low cost production process will drive product demand further over next few years.
The demand for Bisphenol A in the Philippines is propelled by its wide usage in the production of polycarbonate plastics and epoxy resins. These materials are essential in various industries, including electronics, automotive, and construction. The construction boom and increasing consumer electronics production are key drivers behind the growth of this market.
Bisphenol A is a crucial component in the production of plastics and resins. Challenges in the Philippines Bisphenol A market include growing concerns about its potential health and environmental impacts. Increasing regulatory scrutiny and the demand for safer alternatives pose challenges for manufacturers in this market.
The Philippines bisphenol A market encountered challenges brought about by the COVID-19 pandemic. Bisphenol A is used in various applications, including plastics and packaging. The disruptions in supply chains, reduced consumer spending on non-essential products, and changes in consumer behavior influenced the demand for products containing bisphenol A. With changes in packaging requirements and temporary closures of certain manufacturing facilities, the market experienced fluctuations. However, as industries adapt to changing consumer preferences and economic activities stabilize, the bisphenol A market is expected to recover. The market`s revival will be driven by the resumption of manufacturing and the need for packaging materials.
Bisphenol A, a key component in plastics and resin production, has driven the growth of its market in the Philippines. Leading participants in this market include PlastiSynth Group, ResinMasters Corporation, and ChemiPlast Philippines.