| Product Code: ETC316469 | Publication Date: Aug 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 experienced a significant surge in butyraldehyde import shipments in 2024, with top exporting countries including Taiwan, Indonesia, China, USA, and Malaysia. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained very high, reflecting a competitive landscape dominated by these key players. The impressive compound annual growth rate (CAGR) of 46.55% from 2020 to 2024 underscores the growing demand for butyraldehyde in the Philippines. Moreover, the remarkable growth rate of 252.68% from 2023 to 2024 highlights the rapid expansion of this market segment.

The Philippines butyl rubber market has shown resilience, recording a CAGR of 7%. Butyl rubber`s unique properties make it a valuable material in various applications, including automotive, manufacturing, and construction. As industrial activities advance and consumer preferences evolve, the demand for butyl rubber is likely to remain robust.
The Philippines` butyraldehyde market is driven by its widespread use as a chemical intermediate in various industries. Its role in the production of plasticizers, resins, and coatings fuels demand, while growth in construction and automotive sectors boosts its use in manufacturing of synthetic materials.
Challenges in the Philippines butyraldehyde market include market volatility and demand fluctuations from downstream industries. Maintaining a stable supply chain and optimizing production capacity while responding to changing market demands poses ongoing challenges. Additionally, adhering to safety and environmental regulations is crucial for sustainable growth.
The Philippines butyraldehyde market has been moderately impacted by the COVID-19 pandemic. The lockdowns and restrictions on movement have led to a decrease in demand from end-use industries such as plastics, rubber, and chemicals. However, with the gradual easing of restrictions, the market is expected to recover in the coming months.
The key players in the Philippines Butyraldehyde Market include Eastman Chemical Company, BASF SE, The Dow Chemical Company, and Solvay.
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 Butyraldehyde Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Butyraldehyde Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Butyraldehyde Market - Industry Life Cycle |
3.4 Philippines Butyraldehyde Market - Porter's Five Forces |
3.5 Philippines Butyraldehyde Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Butyraldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Butyraldehyde Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the pharmaceutical industry, as butyraldehyde is used in the production of various pharmaceuticals. |
4.2.2 Increasing demand in the manufacturing of plasticizers, resins, and other chemical products. |
4.2.3 Rising demand for flavors and fragrances in the food and beverage industry, where butyraldehyde is a key ingredient. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as propylene and butanol, impacting the production cost of butyraldehyde. |
4.3.2 Stringent regulations and environmental concerns related to the production and usage of butyraldehyde. |
4.3.3 Competition from alternative chemicals or substitutes in various end-user industries. |
5 Philippines Butyraldehyde Market Trends |
6 Philippines Butyraldehyde Market, By Types |
6.1 Philippines Butyraldehyde Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Butyraldehyde Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Butyraldehyde Market Revenues & Volume, By N-Butanol, 2021-2031F |
6.1.4 Philippines Butyraldehyde Market Revenues & Volume, By 2-Ethylhexanol, 2021-2031F |
6.1.5 Philippines Butyraldehyde Market Revenues & Volume, By Polyvinyl Buthyral, 2021-2031F |
6.1.6 Philippines Butyraldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Butyraldehyde Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Butyraldehyde Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.3 Philippines Butyraldehyde Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Philippines Butyraldehyde Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.5 Philippines Butyraldehyde Market Revenues & Volume, By Polymer, 2021-2031F |
6.2.6 Philippines Butyraldehyde Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Butyraldehyde Market Import-Export Trade Statistics |
7.1 Philippines Butyraldehyde Market Export to Major Countries |
7.2 Philippines Butyraldehyde Market Imports from Major Countries |
8 Philippines Butyraldehyde Market Key Performance Indicators |
8.1 Capacity utilization rate of butyraldehyde production facilities. |
8.2 Research and development investment in new applications or processes for butyraldehyde. |
8.3 Price trends of raw materials like propylene and butanol. |
8.4 Adoption rate of butyraldehyde in emerging applications or industries. |
8.5 Environmental compliance metrics related to the production and usage of butyraldehyde. |
9 Philippines Butyraldehyde Market - Opportunity Assessment |
9.1 Philippines Butyraldehyde Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Butyraldehyde Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Butyraldehyde Market - Competitive Landscape |
10.1 Philippines Butyraldehyde Market Revenue Share, By Companies, 2024 |
10.2 Philippines Butyraldehyde Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |