| Product Code: ETC8843662 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, the Philippines continues to witness significant growth in its international maritime oil import shipments that comply with IMO regulations. The high concentration of shipments from top exporting countries like South Korea, China, and Singapore indicates a strong trade relationship in the marine oil sector. With a notable compound annual growth rate of 26.28% from 2020 to 2024, the Philippines is poised to further strengthen its position as a key player in the IMO-compliant marine oil import market in the coming years.

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 International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Industry Life Cycle |
3.4 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Porter's Five Forces |
3.5 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of stricter environmental regulations by the International Maritime Organization (IMO) to reduce sulfur emissions from marine fuels |
4.2.2 Growing awareness and emphasis on sustainable and eco-friendly practices in the maritime industry |
4.2.3 Increasing demand for IMO 2020 compliant marine oils due to environmental concerns and regulations |
4.3 Market Restraints |
4.3.1 Higher costs associated with producing and purchasing IMO 2020 compliant marine oils |
4.3.2 Limited availability and accessibility of IMO 2020 compliant marine oils in the market |
4.3.3 Challenges in retrofitting existing vessels to be compatible with IMO 2020 compliant marine oils |
5 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Trends |
6 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Hydrogenation, 2021- 2031F |
6.1.4 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Mix and Match, 2021- 2031F |
6.1.5 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Oil Tankers, 2021- 2031F |
6.2.3 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Bulk Carriers, 2021- 2031F |
6.2.4 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By General Cargo, 2021- 2031F |
6.2.5 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Container Ships, 2021- 2031F |
6.2.6 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Import-Export Trade Statistics |
7.1 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Export to Major Countries |
7.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Imports from Major Countries |
8 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Key Performance Indicators |
8.1 Percentage increase in the usage of IMO 2020 compliant marine oils by shipping companies in the Philippines |
8.2 Number of new suppliers entering the market for IMO 2020 compliant marine oils in the Philippines |
8.3 Reduction in sulfur emissions from maritime vessels using IMO 2020 compliant marine oils in the Philippines |
8.4 Average price trends of IMO 2020 compliant marine oils in the Philippines market |
9 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Opportunity Assessment |
9.1 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Competitive Landscape |
10.1 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |