Product Code: ETC8839547 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Diols and polyhydric alcohols are vital in producing polyesters, polyurethanes, and lubricants. The Philippine market benefits from growth in downstream sectors such as textiles, coatings, and personal care products, especially with rising domestic manufacturing capabilities.
The diols and polyhydric alcohols market in the Philippines is growing due to their use in the production of polyurethanes, resins, and other chemical products. Diols, such as ethylene glycol and propylene glycol, are used in a wide range of applications, from automotive to pharmaceuticals. The growing industrialization of the Philippines and the increasing demand for specialty chemicals in various sectors are driving the market for diols and polyhydric alcohols.
The diols and polyhydric alcohols market in the Philippines faces challenges due to the volatility of raw material prices and the growing demand for more sustainable alternatives. As the use of polyols and diols in various applications such as plastics, coatings, and food products grows, the market faces increasing pressure to adopt more eco-friendly production processes. However, the lack of local production facilities and reliance on imports creates further barriers to growth.
Applications in food, cosmetics, and industrial formulations make the diols and polyhydric alcohols market attractive in the Philippines. Investors can explore opportunities in raw material supply, blending, or regional distribution networks for these multifunctional ingredients.
The Philippines government enforces strict regulations concerning the production and use of chemicals like diols and polyhydric alcohols. The Department of Environment and Natural Resources (DENR) oversees environmental policies ensuring safe production and waste disposal. Additionally, government initiatives encourage sustainable practices in chemical manufacturing to mitigate environmental impacts. Tax incentives and funding opportunities are available for businesses investing in the development of eco-friendly alternatives in the polyhydric alcohols market.
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 Diols and Polyhydric Alcohols Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Diols and Polyhydric Alcohols Market - Industry Life Cycle |
3.4 Philippines Diols and Polyhydric Alcohols Market - Porter's Five Forces |
3.5 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Diols and Polyhydric Alcohols Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable products in the Philippines |
4.2.2 Increasing use of diols and polyhydric alcohols in industries such as cosmetics, pharmaceuticals, and food beverage |
4.2.3 Government initiatives promoting the use of bio-based chemicals and renewable resources |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices for diols and polyhydric alcohols |
4.3.2 Lack of awareness and knowledge about the benefits and applications of these chemicals in various industries |
5 Philippines Diols and Polyhydric Alcohols Market Trends |
6 Philippines Diols and Polyhydric Alcohols Market, By Types |
6.1 Philippines Diols and Polyhydric Alcohols Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Diols, 2021- 2031F |
6.1.4 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Polyhydric Alcohol, 2021- 2031F |
6.2 Philippines Diols and Polyhydric Alcohols Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.3 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.2.4 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.2.5 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.2.6 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Textile, 2021- 2031F |
6.2.7 Philippines Diols and Polyhydric Alcohols Market Revenues & Volume, By Resin and Fiber Industries, 2021- 2031F |
7 Philippines Diols and Polyhydric Alcohols Market Import-Export Trade Statistics |
7.1 Philippines Diols and Polyhydric Alcohols Market Export to Major Countries |
7.2 Philippines Diols and Polyhydric Alcohols Market Imports from Major Countries |
8 Philippines Diols and Polyhydric Alcohols Market Key Performance Indicators |
8.1 Percentage of companies in the Philippines adopting green chemistry practices |
8.2 Number of new product developments using diols and polyhydric alcohols in the Philippines |
8.3 Investments in research and development for sustainable chemical alternatives in the country |
9 Philippines Diols and Polyhydric Alcohols Market - Opportunity Assessment |
9.1 Philippines Diols and Polyhydric Alcohols Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Diols and Polyhydric Alcohols Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Diols and Polyhydric Alcohols Market - Competitive Landscape |
10.1 Philippines Diols and Polyhydric Alcohols Market Revenue Share, By Companies, 2024 |
10.2 Philippines Diols and Polyhydric Alcohols Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |