Product Code: ETC081768 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Glycol Ethers Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 0.84% in 2025, growth builds up to 1.53% by 2029.
The Glycol Ethers market in Philippines is projected to grow at a stable growth rate of 1.22% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Philippines glycol ethers market was valued at USD 7.4 million in 2025 and is expected to grow at a CAGR of 6.8% during the forecast period. The rising demand for various end use industries such as paints & coatings, automotive, printing inks, construction chemicals and others are likely to drive the growth of this market over the forecast period. Moreover, growing industrialization activities in emerging countries like India and China along with increasing disposable income are some other factors contributing to its market growth. Furthermore, increasing government initiatives towards promoting green solvents is expected to create potential opportunities for this market over the coming years.
The Philippines glycol ethers market has experienced steady growth over the past few years, driven by increasing demand from various end-use industries. The main drivers behind this growth include the growing construction and automotive sectors, which rely on glycol ethers as essential components in paints, coatings, and automotive fluids. Additionally, the flourishing pharmaceutical and personal care industries have also contributed to the rising demand for glycol ethers in solvents and cosmetic formulations. The expanding middle-class population and improving disposable incomes further boost the demand for consumer goods, driving the glycol ethers market in the country.
The Philippines Glycol Ethers Market has witnessed steady growth in recent years, driven primarily by increasing industrial applications, particularly in the paints and coatings, pharmaceuticals, and electronics sectors. However, the market faces several challenges. One key challenge is the volatile prices of raw materials used in glycol ether production, which can impact overall profitability and pricing dynamics. Additionally, the lack of awareness regarding the benefits and applications of glycol ethers in some end-user industries hampers market growth. Moreover, stringent regulations and environmental concerns surrounding the use of certain glycol ethers may pose compliance challenges for manufacturers.
The COVID-19 pandemic had a significant impact on the Philippines` glycol ethers market. The restrictions imposed to contain the spread of the virus resulted in disruptions in industrial activities and construction projects. As glycol ethers are widely used in paints, adhesives, and coatings, the decline in demand from these sectors led to a setback in the market.
In the Philippines Glycol Ethers Market, some key players include multinational chemical companies like Dow Chemical Company, BASF SE, and Eastman Chemical Company. These companies are major suppliers of glycol ethers and have a significant presence in the Philippine 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 Glycol Ethers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Glycol Ethers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Glycol Ethers Market - Industry Life Cycle |
3.4 Philippines Glycol Ethers Market - Porter's Five Forces |
3.5 Philippines Glycol Ethers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Glycol Ethers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Glycol Ethers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Glycol Ethers Market Trends |
6 Philippines Glycol Ethers Market, By Types |
6.1 Philippines Glycol Ethers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Glycol Ethers Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Philippines Glycol Ethers Market Revenues & Volume, By E-Series, 2018 - 2031F |
6.1.4 Philippines Glycol Ethers Market Revenues & Volume, By P-Series, 2018 - 2031F |
6.2 Philippines Glycol Ethers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Glycol Ethers Market Revenues & Volume, By Paints & Coatings, 2018 - 2031F |
6.2.3 Philippines Glycol Ethers Market Revenues & Volume, By Printing, 2018 - 2031F |
6.2.4 Philippines Glycol Ethers Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.2.5 Philippines Glycol Ethers Market Revenues & Volume, By Cosmetics & Personal Care, 2018 - 2031F |
6.2.6 Philippines Glycol Ethers Market Revenues & Volume, By Electronics, 2018 - 2031F |
6.2.7 Philippines Glycol Ethers Market Revenues & Volume, By Others, 2018 - 2031F |
7 Philippines Glycol Ethers Market Import-Export Trade Statistics |
7.1 Philippines Glycol Ethers Market Export to Major Countries |
7.2 Philippines Glycol Ethers Market Imports from Major Countries |
8 Philippines Glycol Ethers Market Key Performance Indicators |
9 Philippines Glycol Ethers Market - Opportunity Assessment |
9.1 Philippines Glycol Ethers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Glycol Ethers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Glycol Ethers Market - Competitive Landscape |
10.1 Philippines Glycol Ethers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Glycol Ethers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |