| Product Code: ETC415225 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to witness a significant influx of bisphenol imports, with top exporting countries in 2024 being South Korea, Taiwan, China, Hong Kong, and Singapore. The high Herfindahl-Hirschman Index (HHI) concentration indicates a dominant market presence of these exporters. The impressive compound annual growth rate (CAGR) of 35.89% from 2020 to 2024 underscores the expanding demand for bisphenol in the Philippines. Moreover, the growth rate of 4.35% from 2023 to 2024 suggests a sustained momentum in import shipments, reflecting a positive outlook for the bisphenol market in the country.

The Philippines bisphenol market has witnessed significant expansion owing to the growing applications of bisphenol compounds in various industries. Bisphenol A (BPA) is commonly used in the production of polycarbonate plastics and epoxy resins, which find use in packaging, automotive, electronics, and construction sectors. While there have been concerns about the environmental impact and health risks associated with BPA, efforts are being made to develop alternatives and implement regulations to ensure safer usage. As industries continue to demand durable and heat-resistant materials, the bisphenol market is likely to maintain its importance in the Philippines.
The Philippines bisphenol market is driven by the demand for bisphenol compounds, primarily bisphenol-A (BPA), in the production of polycarbonate plastics and epoxy resins. These materials are used in a wide range of consumer and industrial products. The growth of this market is influenced by factors such as manufacturing activities, construction projects, and consumer preferences for products made from bisphenol-based materials. Environmental concerns and regulations regarding BPA`s potential health impacts also shape the market`s trajectory.
The Philippines bisphenol market faces challenges linked to environmental concerns and health risks associated with bisphenol compounds. Bisphenol compounds are used in the production of plastics, but there are concerns about their potential to leach into food and beverages, impacting human health. Addressing consumer apprehensions and adhering to regulatory standards for safe use while exploring alternatives are critical challenges for the market.
The COVID-19 pandemic had a complex impact on the Philippines bisphenol market. Bisphenol is used in the production of plastics and resins, which have applications in various industries. Lockdowns and reduced economic activities initially led to decreased demand. However, the surge in e-commerce packaging, medical supplies, and personal protective equipment (PPE) increased demand for plastic products, partially offsetting the decline. Supply chain disruptions and shifts in consumer behavior influenced the market`s dynamics.
The key players operating in the Philippines bisphenol market include Eastman Chemical Company, BASF SE, LG Chem Ltd., Solvay SA, Mitsubishi Gas Chemical Co., Inc., Evonik Industries AG, Covestro AG (formerly Bayer Material Science), Nippon Shokubai Co., Ltd., DowDuPont Inc. (The Dow Chemical Company), and SABIC Innovative Plastics Holding BV. These companies have a wide range of products available for industrial applications like adhesives & sealants, paints & coatings, electrical & electronics materials and plasticizers among others.
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 Bisphenol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bisphenol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Bisphenol Market - Industry Life Cycle |
3.4 Philippines Bisphenol Market - Porter's Five Forces |
3.5 Philippines Bisphenol Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Bisphenol Market Revenues & Volume Share, By End-Use , 2021 & 2031F |
3.7 Philippines Bisphenol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Bisphenol Market Revenues & Volume Share, By Sales Channels, 2021 & 2031F |
4 Philippines Bisphenol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bisphenol in the manufacturing of polycarbonate plastics and epoxy resins |
4.2.2 Growing awareness about the benefits of bisphenol in various industries such as automotive, electronics, and packaging |
4.2.3 Favorable government regulations supporting the use of bisphenol in different applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in bisphenol production |
4.3.2 Environmental concerns related to the use of bisphenol and increasing preference for eco-friendly alternatives |
4.3.3 Intense competition from substitute products like bio-based chemicals and other materials |
5 Philippines Bisphenol Market Trends |
6 Philippines Bisphenol Market, By Types |
6.1 Philippines Bisphenol Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bisphenol Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Bisphenol Market Revenues & Volume, By Polymer BPA, 2021-2031F |
6.1.4 Philippines Bisphenol Market Revenues & Volume, By Non-Polymer BPA, 2021-2031F |
6.2 Philippines Bisphenol Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bisphenol Market Revenues & Volume, By Polycarbonate Resin, 2021-2031F |
6.2.3 Philippines Bisphenol Market Revenues & Volume, By Epoxy Resin, 2021-2031F |
6.2.4 Philippines Bisphenol Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Bisphenol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Bisphenol Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.3.3 Philippines Bisphenol Market Revenues & Volume, By Additive, 2021-2031F |
6.3.4 Philippines Bisphenol Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Bisphenol Market, By Sales Channels |
6.4.1 Overview and Analysis |
6.4.2 Philippines Bisphenol Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 Philippines Bisphenol Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 Philippines Bisphenol Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 Philippines Bisphenol Market Import-Export Trade Statistics |
7.1 Philippines Bisphenol Market Export to Major Countries |
7.2 Philippines Bisphenol Market Imports from Major Countries |
8 Philippines Bisphenol Market Key Performance Indicators |
8.1 RD investment in new bisphenol applications and technologies |
8.2 Adoption rate of bisphenol in emerging industries |
8.3 Number of partnerships and collaborations for expanding market reach and product innovation |
9 Philippines Bisphenol Market - Opportunity Assessment |
9.1 Philippines Bisphenol Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Bisphenol Market Opportunity Assessment, By End-Use , 2021 & 2031F |
9.3 Philippines Bisphenol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Bisphenol Market Opportunity Assessment, By Sales Channels, 2021 & 2031F |
10 Philippines Bisphenol Market - Competitive Landscape |
10.1 Philippines Bisphenol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Bisphenol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |