| Product Code: ETC8842302 | 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 |
In 2024, the Philippines continued to see significant glycol import shipments, with top exporting countries being Thailand, China, USA, Japan, and South Korea. Despite a slightly declining Compound Annual Growth Rate (CAGR) of -2.09% from 2020 to 2024, the market remained concentrated with a high Herfindahl-Hirschman Index (HHI). The growth rate for 2023-24 also experienced a decrease of -3.92%. This data suggests a stable yet competitive glycol import market in the Philippines, with key players maintaining their positions while potentially facing challenges in growth.

The glycol market in the Philippines is experiencing steady growth due to its applications in antifreeze, industrial coolants, and cosmetics. The increasing use of ethylene glycol and propylene glycol in the automotive and personal care industries is contributing to market expansion.
The growing demand for glycols in industrial applications, including antifreeze, pharmaceuticals, and personal care products, is driving market growth in the Philippines. The expansion of the automotive and HVAC industries, where glycols are used as heat transfer fluids, has further contributed to demand. Additionally, advancements in bio-based glycol production are expected to support market growth as industries move toward sustainable alternatives.
The glycol market in the Philippines faces supply chain disruptions due to reliance on imported raw materials. Price fluctuations in petroleum-based glycol affect market stability, as ethylene and propylene glycol are key derivatives. Additionally, environmental regulations on glycol disposal increase compliance costs for manufacturers.
The glycol market in the Philippines is thriving due to its application in automotive coolants, industrial solvents, and the textile industry. Investments in producing bio-based glycols to cater to the rising demand for sustainable and eco-friendly solutions can be profitable. Strengthening supply chains for glycol distribution across industrial and consumer markets will ensure steady growth. Additionally, partnerships with automotive and manufacturing industries can enhance business expansion opportunities.
The Philippine government enforces chemical safety regulations for glycol production and usage. Environmental policies mandate proper waste disposal and pollution control measures for industrial glycol manufacturers. Import regulations ensure that all glycol products meet safety and quality standards before entering the local 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 Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Glycol Market - Industry Life Cycle |
3.4 Philippines Glycol Market - Porter's Five Forces |
3.5 Philippines Glycol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Glycol Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Philippines Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for glycol in various industries such as automotive, textiles, and pharmaceuticals |
4.2.2 Growth in population leading to higher consumption of consumer goods and packaged food products, driving the need for glycol |
4.2.3 Rising investments in infrastructure projects fueling the demand for glycol in construction materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of glycol |
4.3.2 Stringent regulations related to environmental concerns and waste disposal affecting the manufacturing processes |
4.3.3 Intense competition from alternative chemicals and materials posing a threat to the glycol market |
5 Philippines Glycol Market Trends |
6 Philippines Glycol Market, By Types |
6.1 Philippines Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Glycol Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Glycol Market Revenues & Volume, By Ethylene Glycol, 2021- 2031F |
6.1.4 Philippines Glycol Market Revenues & Volume, By Propylene Glycol, 2021- 2031F |
6.2 Philippines Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Glycol Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Philippines Glycol Market Revenues & Volume, By HVAC, 2021- 2031F |
6.2.4 Philippines Glycol Market Revenues & Volume, By Textiles, 2021- 2031F |
6.2.5 Philippines Glycol Market Revenues & Volume, By Airlines, 2021- 2031F |
6.2.6 Philippines Glycol Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.7 Philippines Glycol Market Revenues & Volume, By Pipeline Maintenance, 2021- 2031F |
6.3 Philippines Glycol Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Glycol Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.3.3 Philippines Glycol Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.4 Philippines Glycol Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.3.5 Philippines Glycol Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.3.6 Philippines Glycol Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.7 Philippines Glycol Market Revenues & Volume, By Textile, 2021- 2031F |
7 Philippines Glycol Market Import-Export Trade Statistics |
7.1 Philippines Glycol Market Export to Major Countries |
7.2 Philippines Glycol Market Imports from Major Countries |
8 Philippines Glycol Market Key Performance Indicators |
8.1 Energy efficiency improvements in glycol production processes |
8.2 Percentage of market penetration in emerging industries |
8.3 Rate of adoption of sustainable practices in glycol manufacturing |
8.4 Research and development investment in glycol technology advancements |
8.5 Number of new applications for glycol in different sectors |
9 Philippines Glycol Market - Opportunity Assessment |
9.1 Philippines Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Glycol Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Philippines Glycol Market - Competitive Landscape |
10.1 Philippines Glycol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Glycol 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.
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