| Product Code: ETC8838901 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines crotonaldehyde import shipments in 2024 continued to see a high level of market concentration, with top exporting countries being China, USA, Mexico, India, and UK. Despite a moderate compound annual growth rate (CAGR) of 3.1% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -13.62%. This fluctuation in growth suggests potential shifts in market dynamics and demand for crotonaldehyde in the Philippines. Stakeholders should closely monitor these trends to anticipate future market developments and adjust strategies accordingly.

Crotonaldehyde, used in the production of sorbic acid, pharmaceuticals, and agrochemicals, sees limited but strategic use in the Philippines. Its market is mainly driven by industrial applications and is heavily reliant on imports. Regulatory concerns due to its toxicity may restrict wider use, but niche industrial segments continue to create demand.
Crotonaldehyde demand in the Philippines is driven by its applications in chemical synthesis, particularly for sorbic acid and other intermediates. Though the market remains small, it supports various end-use industries such as plastics, agrochemicals, and pharmaceuticals. Import reliance remains high due to limited domestic production.
The crotonaldehyde market is niche and primarily dependent on imports, as domestic production is almost nonexistent. Stringent safety regulations and the toxic nature of the compound raise storage and handling costs. Additionally, limited downstream industrial applications in the country restrict the scope for market expansion.
Used in chemical synthesis, crotonaldehyde is a niche but critical intermediate in pharmaceuticals and agrochemicals. Investment potential lies in importing or local production for downstream use in manufacturing sorbic acid, pesticides, and rubber chemicals. With the growing local pharmaceutical base, securing supply chains for specialty chemicals like crotonaldehyde can yield strategic returns.
Crotonaldehyde is regulated as an industrial chemical under the Toxic Substances and Hazardous and Nuclear Wastes Control Act (RA 6969). Importers and manufacturers must secure permits and comply with safe handling and environmental impact regulations enforced by the EMB.
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 Crotonaldehyde Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Crotonaldehyde Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Crotonaldehyde Market - Industry Life Cycle |
3.4 Philippines Crotonaldehyde Market - Porter's Five Forces |
3.5 Philippines Crotonaldehyde Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Philippines Crotonaldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Crotonaldehyde Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Crotonaldehyde Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the pharmaceutical industry leading to increased demand for crotonaldehyde for the production of Vitamin E and other pharmaceutical products. |
4.2.2 Expansion of the fragrance and flavor industry, driving the demand for crotonaldehyde in the manufacturing of perfumes and flavoring agents. |
4.2.3 Growing awareness and adoption of environmentally friendly products, leading to the use of crotonaldehyde in eco-friendly pesticides and herbicides. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of crotonaldehyde. |
4.3.2 Stringent regulations on chemical manufacturing and handling leading to compliance challenges for crotonaldehyde producers. |
5 Philippines Crotonaldehyde Market Trends |
6 Philippines Crotonaldehyde Market, By Types |
6.1 Philippines Crotonaldehyde Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Philippines Crotonaldehyde Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Philippines Crotonaldehyde Market Revenues & Volume, By Technical Grade, 2021- 2031F |
6.1.4 Philippines Crotonaldehyde Market Revenues & Volume, By Chemical Grade, 2021- 2031F |
6.2 Philippines Crotonaldehyde Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Crotonaldehyde Market Revenues & Volume, By Chemical Intermediates, 2021- 2031F |
6.2.3 Philippines Crotonaldehyde Market Revenues & Volume, By Flavors & Fragrances, 2021- 2031F |
6.2.4 Philippines Crotonaldehyde Market Revenues & Volume, By Agrochemicals, 2021- 2031F |
6.3 Philippines Crotonaldehyde Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Crotonaldehyde Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.3 Philippines Crotonaldehyde Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.4 Philippines Crotonaldehyde Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Philippines Crotonaldehyde Market Import-Export Trade Statistics |
7.1 Philippines Crotonaldehyde Market Export to Major Countries |
7.2 Philippines Crotonaldehyde Market Imports from Major Countries |
8 Philippines Crotonaldehyde Market Key Performance Indicators |
8.1 Price trend of key raw materials used in the production of crotonaldehyde. |
8.2 Number of new product launches in the pharmaceutical and fragrance industries utilizing crotonaldehyde. |
8.3 Adoption rate of eco-friendly pesticides and herbicides in the agricultural sector. |
9 Philippines Crotonaldehyde Market - Opportunity Assessment |
9.1 Philippines Crotonaldehyde Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Philippines Crotonaldehyde Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Crotonaldehyde Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Crotonaldehyde Market - Competitive Landscape |
10.1 Philippines Crotonaldehyde Market Revenue Share, By Companies, 2024 |
10.2 Philippines Crotonaldehyde Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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