| Product Code: ETC11939233 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Philippines` encapsulant import shipments were mainly sourced from Japan, Malaysia, China, South Korea, and Singapore. The market exhibited a shift from moderate to low concentration, indicating a more diversified import landscape. Despite the slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 7.95%. This suggests a stable and growing market for encapsulant imports in the Philippines, with key players from various countries contributing to its development.

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 Encapsulant Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Encapsulant Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Encapsulant Market - Industry Life Cycle |
3.4 Philippines Encapsulant Market - Porter's Five Forces |
3.5 Philippines Encapsulant Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Encapsulant Market Revenues & Volume Share, By Encapsulation Technique, 2021 & 2031F |
3.7 Philippines Encapsulant Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Philippines Encapsulant Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Philippines Encapsulant Market Revenues & Volume Share, By Additives, 2021 & 2031F |
4 Philippines Encapsulant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Encapsulant Market Trends |
6 Philippines Encapsulant Market, By Types |
6.1 Philippines Encapsulant Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Encapsulant Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Philippines Encapsulant Market Revenues & Volume, By Ethylene Vinyl Acetate (EVA), 2021 - 2031F |
6.1.4 Philippines Encapsulant Market Revenues & Volume, By Polyolefin Elastomers (POE), 2021 - 2031F |
6.1.5 Philippines Encapsulant Market Revenues & Volume, By Thermoplastic Polyurethanes (TPU), 2021 - 2031F |
6.1.6 Philippines Encapsulant Market Revenues & Volume, By Polyurethane (PUR), 2021 - 2031F |
6.1.7 Philippines Encapsulant Market Revenues & Volume, By Ionomers, 2021 - 2031F |
6.2 Philippines Encapsulant Market, By Encapsulation Technique |
6.2.1 Overview and Analysis |
6.2.2 Philippines Encapsulant Market Revenues & Volume, By Lamination, 2021 - 2031F |
6.2.3 Philippines Encapsulant Market Revenues & Volume, By Potting, 2021 - 2031F |
6.2.4 Philippines Encapsulant Market Revenues & Volume, By Transfer Molding, 2021 - 2031F |
6.2.5 Philippines Encapsulant Market Revenues & Volume, By Injection Molding, 2021 - 2031F |
6.3 Philippines Encapsulant Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Philippines Encapsulant Market Revenues & Volume, By Photovoltaic (PV) Modules, 2021 - 2031F |
6.3.3 Philippines Encapsulant Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.4 Philippines Encapsulant Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Philippines Encapsulant Market Revenues & Volume, By Marine, 2021 - 2031F |
6.3.6 Philippines Encapsulant Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4 Philippines Encapsulant Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Encapsulant Market Revenues & Volume, By Front Sheets, 2021 - 2031F |
6.4.3 Philippines Encapsulant Market Revenues & Volume, By Back Sheets, 2021 - 2031F |
6.4.4 Philippines Encapsulant Market Revenues & Volume, By Junction Boxes, 2021 - 2031F |
6.4.5 Philippines Encapsulant Market Revenues & Volume, By Wire Protection, 2021 - 2031F |
6.4.6 Philippines Encapsulant Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.5 Philippines Encapsulant Market, By Additives |
6.5.1 Overview and Analysis |
6.5.2 Philippines Encapsulant Market Revenues & Volume, By UV Stabilizers, 2021 - 2031F |
6.5.3 Philippines Encapsulant Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.5.4 Philippines Encapsulant Market Revenues & Volume, By Flame Retardants, 2021 - 2031F |
6.5.5 Philippines Encapsulant Market Revenues & Volume, By Adhesion Promoters, 2021 - 2031F |
7 Philippines Encapsulant Market Import-Export Trade Statistics |
7.1 Philippines Encapsulant Market Export to Major Countries |
7.2 Philippines Encapsulant Market Imports from Major Countries |
8 Philippines Encapsulant Market Key Performance Indicators |
9 Philippines Encapsulant Market - Opportunity Assessment |
9.1 Philippines Encapsulant Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Encapsulant Market Opportunity Assessment, By Encapsulation Technique, 2021 & 2031F |
9.3 Philippines Encapsulant Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Philippines Encapsulant Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Philippines Encapsulant Market Opportunity Assessment, By Additives, 2021 & 2031F |
10 Philippines Encapsulant Market - Competitive Landscape |
10.1 Philippines Encapsulant Market Revenue Share, By Companies, 2024 |
10.2 Philippines Encapsulant 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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