| Product Code: ETC8836691 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Philippines continued to witness a significant volume of butanediol import shipments, with top exporters including Japan, USA, Singapore, China, and South Korea. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), indicating market dominance by a few key players, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.19%. However, the growth rate experienced a noticeable decline from 2023 to 2024 at -24.93%, suggesting a potential shift in market dynamics that importers and stakeholders should closely monitor.

The Butanediol market in the Philippines is seeing significant growth, driven by its wide range of applications in industries such as chemicals, automotive, and textiles. Butanediol is used in the production of products like plastics, solvents, and resins, which are crucial for various manufacturing processes. The growth of the chemical and manufacturing sectors in the Philippines is expected to fuel demand for Butanediol, while technological innovations and shifts toward sustainable manufacturing practices may shape the future of the market.
The butanediol market in the Philippines is expanding as demand for the chemical increases across industries such as plastics, automotive, and pharmaceuticals. Butanediol is used as a key raw material in the production of plastics, spandex fibers, and solvents. As industrial production in the country increases, the demand for butanediol will continue to rise. The market is expected to benefit from the growth of manufacturing and consumer goods industries.
The Philippines Butanediol Market faces challenges stemming from fluctuating raw material prices, which can affect production costs. The market is also impacted by environmental concerns, as butanediol is derived from petroleum-based sources, raising sustainability issues. Additionally, there is limited domestic production capacity for butanediol, leading to a reliance on imports. This dependency on foreign suppliers can create supply chain vulnerabilities and price volatility.
The Philippines Butanediol Market presents investment opportunities driven by the growing demand for this versatile chemical, which is used in the production of a variety of products, including plastics, textiles, and automotive components. Butanediol is also a key component in the manufacture of products like spandex and polyurethane. As industries in the Philippines, particularly manufacturing and automotive, expand, the demand for butanediol is expected to increase. Investment opportunities include setting up local production facilities to reduce reliance on imports, developing sustainable production processes, and expanding the use of butanediol in emerging applications, including bio-based products.
Government regulations and industrial policies in the Philippines are influencing the growth of the butanediol market, particularly within the manufacturing and chemical industries. The Department of Trade and Industry (DTI) promotes the use of advanced chemical production technologies, while regulatory frameworks ensure that the production and distribution of chemicals like butanediol adhere to environmental and safety standards.
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 Butanediol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Butanediol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Butanediol Market - Industry Life Cycle |
3.4 Philippines Butanediol Market - Porter's Five Forces |
3.5 Philippines Butanediol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Butanediol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Butanediol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Butanediol Market Trends |
6 Philippines Butanediol Market, By Types |
6.1 Philippines Butanediol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Butanediol Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Butanediol Market Revenues & Volume, By Industrial Grade, 2021- 2031F |
6.1.4 Philippines Butanediol Market Revenues & Volume, By Cosmetic Grade, 2021- 2031F |
6.2 Philippines Butanediol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Butanediol Market Revenues & Volume, By PBT, 2021- 2031F |
6.2.3 Philippines Butanediol Market Revenues & Volume, By THF, 2021- 2031F |
6.2.4 Philippines Butanediol Market Revenues & Volume, By GBL, 2021- 2031F |
6.2.5 Philippines Butanediol Market Revenues & Volume, By Polyurethane, 2021- 2031F |
7 Philippines Butanediol Market Import-Export Trade Statistics |
7.1 Philippines Butanediol Market Export to Major Countries |
7.2 Philippines Butanediol Market Imports from Major Countries |
8 Philippines Butanediol Market Key Performance Indicators |
9 Philippines Butanediol Market - Opportunity Assessment |
9.1 Philippines Butanediol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Butanediol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Butanediol Market - Competitive Landscape |
10.1 Philippines Butanediol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Butanediol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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