Product Code: ETC8844593 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The liquid gases market in the Philippines is experiencing steady growth, driven by demand in healthcare, industrial, and energy sectors. Gases such as oxygen, nitrogen, and argon are widely used in medical facilities, welding, and semiconductor manufacturing. The increasing need for medical oxygen due to rising healthcare demands is a major driver. Advancements in cryogenic storage and transportation technology are also facilitating market expansion.
The healthcare, manufacturing, and energy sectors are key drivers of the liquid gases market in the Philippines. The increasing use of industrial gases such as oxygen, nitrogen, and argon in medical applications and metal fabrication is fueling demand. The expansion of the oil and gas industry and growing investments in liquefied gas infrastructure are also contributing to market growth.
The liquid gases market in the Philippines faces challenges due to supply chain constraints and fluctuating raw material prices. The country relies heavily on imports, making the market vulnerable to global price shifts and logistical disruptions. Additionally, stringent environmental regulations on gas emissions and handling add compliance costs for manufacturers and distributors. The need for specialized storage and transportation infrastructure further complicates market expansion.
The growing industrial sector, healthcare industry, and energy applications are fueling demand for liquid gases such as oxygen, nitrogen, and argon. Investment opportunities include gas liquefaction plants, cryogenic storage solutions, and efficient distribution networks. Companies focusing on high-purity and cost-effective gas production will benefit from the rising demand.
The Department of Energy (DOE) and the DENR regulate the production, storage, and distribution of liquid gases such as oxygen, nitrogen, and argon. Safety regulations ensure proper handling and transportation to prevent industrial hazards. The government promotes investment in local gas production facilities to reduce import dependence and ensure a stable supply for medical and industrial use.
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 Liquid Gases Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Liquid Gases Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Liquid Gases Market - Industry Life Cycle |
3.4 Philippines Liquid Gases Market - Porter's Five Forces |
3.5 Philippines Liquid Gases Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Liquid Gases Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Liquid Gases Market Trends |
6 Philippines Liquid Gases Market, By Types |
6.1 Philippines Liquid Gases Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Liquid Gases Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Liquid Gases Market Revenues & Volume, By Liquid Nitrogen, 2021- 2031F |
6.1.4 Philippines Liquid Gases Market Revenues & Volume, By Liquid Oxygen, 2021- 2031F |
6.1.5 Philippines Liquid Gases Market Revenues & Volume, By Liquid Argon, 2021- 2031F |
7 Philippines Liquid Gases Market Import-Export Trade Statistics |
7.1 Philippines Liquid Gases Market Export to Major Countries |
7.2 Philippines Liquid Gases Market Imports from Major Countries |
8 Philippines Liquid Gases Market Key Performance Indicators |
9 Philippines Liquid Gases Market - Opportunity Assessment |
9.1 Philippines Liquid Gases Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Liquid Gases Market - Competitive Landscape |
10.1 Philippines Liquid Gases Market Revenue Share, By Companies, 2024 |
10.2 Philippines Liquid Gases Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |