| Product Code: ETC4485450 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Philippines saw a steady growth in green and bio-solvents import shipments in 2024, with top exporters being Japan, Malaysia, Singapore, South Korea, and Taiwan. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-24 remained strong at 9.31%. The market shows moderate concentration with the Herfindahl-Hirschman Index (HHI) in 2024. This indicates a competitive landscape with opportunities for further expansion and diversification in the green and bio-solvents sector in the Philippines.

The Philippines Green and Bio-solvents market is experiencing growth driven by increasing awareness of environmental concerns. Green solvents are derived from renewable resources and are eco-friendly alternatives to traditional, petroleum-based solvents.
The Philippines Green and Bio-solvents market relates to the production and utilization of environmentally friendly solvents in various industries, including cleaning, paints, and chemicals. These solvents are typically derived from renewable resources an
The Philippines Green and Bio-solvents Market confronts several challenges. The shift from conventional solvents to green and bio-solvents is hindered by their higher initial cost and the need for businesses to reconfigure their processes and adapt to new
Demand for green and bio-solvents experienced fluctuations during the pandemic. While industries like cleaning and disinfection saw increased demand, other sectors, such as automotive and construction, saw reduced consumption. The market is expected to re
Leading the Green and Bio-solvents market in the Philippines is ECOFIL Corporation, which specializes in producing eco-friendly solvents and chemicals. Local companies like KC Chemicals also play a role in providing green solvents. Multinational corporati
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 Green and Bio-solvents Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Green and Bio-solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Green and Bio-solvents Market - Industry Life Cycle |
3.4 Philippines Green and Bio-solvents Market - Porter's Five Forces |
3.5 Philippines Green and Bio-solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Green and Bio-solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Green and Bio-solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of eco-friendly products and solutions in the Philippines |
4.2.2 Government initiatives and regulations promoting the use of green and bio-solvents |
4.2.3 Growing demand for sustainable and non-toxic alternatives in various industries |
4.3 Market Restraints |
4.3.1 High initial costs associated with transitioning to green and bio-solvents |
4.3.2 Limited availability and accessibility of advanced green and bio-solvent technologies in the Philippines |
4.3.3 Lack of standardized regulations and certifications for green and bio-solvents |
5 Philippines Green and Bio-solvents Market Trends |
6 Philippines Green and Bio-solvents Market, By Types |
6.1 Philippines Green and Bio-solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Green and Bio-solvents Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Green and Bio-solvents Market Revenues & Volume, By Bioalcohols, 2021-2031F |
6.1.4 Philippines Green and Bio-solvents Market Revenues & Volume, By Bio-Diols, 2021-2031F |
6.1.5 Philippines Green and Bio-solvents Market Revenues & Volume, By Biogycols, 2021-2031F |
6.1.6 Philippines Green and Bio-solvents Market Revenues & Volume, By Lactate Esters, 2021-2031F |
6.2 Philippines Green and Bio-solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Green and Bio-solvents Market Revenues & Volume, By Industrial & Domestic Cleaners, 2021-2031F |
6.2.3 Philippines Green and Bio-solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 Philippines Green and Bio-solvents Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Philippines Green and Bio-solvents Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.2.6 Philippines Green and Bio-solvents Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Philippines Green and Bio-solvents Market Import-Export Trade Statistics |
7.1 Philippines Green and Bio-solvents Market Export to Major Countries |
7.2 Philippines Green and Bio-solvents Market Imports from Major Countries |
8 Philippines Green and Bio-solvents Market Key Performance Indicators |
8.1 Percentage increase in the number of companies adopting green and bio-solvents in their operations |
8.2 Growth in the number of green and bio-solvent product innovations and patents filed in the Philippines |
8.3 Improvement in the carbon footprint and environmental impact metrics of industries using green and bio-solvents |
9 Philippines Green and Bio-solvents Market - Opportunity Assessment |
9.1 Philippines Green and Bio-solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Green and Bio-solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Green and Bio-solvents Market - Competitive Landscape |
10.1 Philippines Green and Bio-solvents Market Revenue Share, By Companies, 2024 |
10.2 Philippines Green and Bio-solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |