Philippines Glycol Market (2025-2031) | Size & Revenue, Growth, Companies, Share, Analysis, Value, Trends, Outlook, Segmentation, Competitive Landscape, Forecast, Industry

Market Forecast By Product (Ethylene Glycol, Propylene Glycol), By Application (Automotive, HVAC, Textiles, Airlines, Medical, Pipeline Maintenance), By End-user Industry (Automotive and Transportation, Packaging, Food and Beverage, Cosmetics, Pharmaceuticals, Textile) And Competitive Landscape
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

Philippines Glycol Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Philippines Glycol Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Glycol Market Overview

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.

Drivers of the market

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.

Challenges of the market

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.

Investment opportunities in the Market

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.

Government Policy of the market

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.

Key Highlights of the Report:

  • Philippines Glycol Market Outlook
  • Market Size of Philippines Glycol Market, 2024
  • Forecast of Philippines Glycol Market, 2031
  • Historical Data and Forecast of Philippines Glycol Revenues & Volume for the Period 2021- 2031
  • Philippines Glycol Market Trend Evolution
  • Philippines Glycol Market Drivers and Challenges
  • Philippines Glycol Price Trends
  • Philippines Glycol Porter's Five Forces
  • Philippines Glycol Industry Life Cycle
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Product for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Ethylene Glycol for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Propylene Glycol for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Automotive for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By HVAC for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Textiles for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Airlines for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Medical for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Pipeline Maintenance for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By End-user Industry for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Automotive and Transportation for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Packaging for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Food and Beverage for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Cosmetics for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Pharmaceuticals for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glycol Market Revenues & Volume By Textile for the Period 2021- 2031
  • Philippines Glycol Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-user Industry
  • Philippines Glycol Top Companies Market Share
  • Philippines Glycol Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Glycol Company Profiles
  • Philippines Glycol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Glycol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Glycol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 assessment - trade Analytics for 2030

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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