Product Code: ETC322469 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Diethylene Glycol Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 6.72% in 2025, climbs to a high of 8.19% in 2027, and moderates to 5.13% by 2029.
The Diethylene Glycol market in Philippines is projected to grow at a growing growth rate of 8.19% 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 diethylene glycol market in the Philippines has shown steady growth, driven by its applications in various sectors, including manufacturing and chemicals. The CAGR for this market is approximately 7.8%. Its use in products such as plastics, resins, and antifreeze contributes to its consistent demand.
The Philippines diethylene glycol market is primarily driven by its extensive use as a solvent and chemical intermediate in industries such as textiles, plastics, and cosmetics. Diethylene glycol`s properties make it valuable for products like antifreeze formulations, resins, and personal care items. The growth of these industries, coupled with the versatility of diethylene glycol, contributes to its market growth. Additionally, its role in various manufacturing processes and the production of essential goods further propels the demand for diethylene glycol.
One of the key challenges in the diethylene glycol market is the potential health and safety risks associated with its mishandling. Ensuring proper storage, transportation, and usage becomes crucial to prevent accidents and health hazards.
The Philippines diethylene glycol market has faced challenges in terms of supply chain disruptions and reduced demand from industries such as chemicals and plastics. Diethylene glycol is used in various applications, including antifreeze and solvents. The market is expected to recover as industries resume operations.
Key players in the Philippines Diethylene Glycol Market include SMC Global Power Holdings Corporation, Philippine Resins Industries Inc., and Petrochem Manufacturing Corp.
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 Diethylene Glycol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Diethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Diethylene Glycol Market - Industry Life Cycle |
3.4 Philippines Diethylene Glycol Market - Porter's Five Forces |
3.5 Philippines Diethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines Diethylene Glycol Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Philippines Diethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for diethylene glycol in various industries such as textiles, automotive, and pharmaceuticals. |
4.2.2 Growth in the manufacturing sector in the Philippines leading to higher consumption of diethylene glycol. |
4.2.3 Rising investments in infrastructure projects driving the demand for diethylene glycol as a key raw material. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of diethylene glycol. |
4.3.2 Stringent regulations and environmental concerns regarding the production and use of diethylene glycol. |
4.3.3 Competition from alternative chemicals or substitutes affecting the market growth. |
5 Philippines Diethylene Glycol Market Trends |
6 Philippines Diethylene Glycol Market, By Types |
6.1 Philippines Diethylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Diethylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Philippines Diethylene Glycol Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.1.4 Philippines Diethylene Glycol Market Revenues & Volume, By Solvent, 2021-2031F |
6.1.5 Philippines Diethylene Glycol Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.6 Philippines Diethylene Glycol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.1.7 Philippines Diethylene Glycol Market Revenues & Volume, By Freezing Point Depressant, 2021-2031F |
6.1.8 Philippines Diethylene Glycol Market Revenues & Volume, By Lubricant, 2021-2031F |
6.1.9 Philippines Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Philippines Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Diethylene Glycol Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Diethylene Glycol Market Revenues & Volume, By Plastic Industry, 2021-2031F |
6.2.3 Philippines Diethylene Glycol Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.4 Philippines Diethylene Glycol Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Philippines Diethylene Glycol Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.6 Philippines Diethylene Glycol Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 Philippines Diethylene Glycol Market Revenues & Volume, By Cement Industry, 2021-2031F |
7 Philippines Diethylene Glycol Market Import-Export Trade Statistics |
7.1 Philippines Diethylene Glycol Market Export to Major Countries |
7.2 Philippines Diethylene Glycol Market Imports from Major Countries |
8 Philippines Diethylene Glycol Market Key Performance Indicators |
8.1 Capacity utilization rate of diethylene glycol manufacturing facilities in the Philippines. |
8.2 Growth rate of key end-user industries consuming diethylene glycol. |
8.3 Import/export volumes of diethylene glycol to gauge market demand and supply dynamics. |
9 Philippines Diethylene Glycol Market - Opportunity Assessment |
9.1 Philippines Diethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines Diethylene Glycol Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Philippines Diethylene Glycol Market - Competitive Landscape |
10.1 Philippines Diethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Diethylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |