| Product Code: ETC8846530 | 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 |
The Philippines experienced a significant increase in neopentyl glycol import shipments in 2024, with top exporting countries including Metropolitan France, China, Malaysia, South Korea, and Taiwan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for neopentyl glycol imports. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 28.29%, showcasing strong demand for this chemical compound. Moreover, the growth rate from 2023 to 2024 stood at 26.06%, highlighting the continued expansion of neopentyl glycol imports into the Philippines.

The neopentyl glycol market in the Philippines is growing due to its increasing use in coatings, adhesives, and plastics. This chemical compound is valued for its stability and resistance to heat and moisture. The rise in construction and automotive industries, which utilize neopentyl glycol-based resins, is fueling market demand.
The growing demand for neopentyl glycol in various industries, including paints, coatings, and adhesives, is driving market expansion in the Philippines. The construction sector`s growth has increased the use of neopentyl glycol-based resins, while the automotive industry`s need for durable coatings has further fueled demand. Additionally, advancements in polymer technology and increasing investments in local manufacturing capabilities are supporting market development. The rising focus on sustainability and eco-friendly products is also promoting the use of neopentyl glycol in high-performance applications.
The neopentyl glycol market in the Philippines faces raw material shortages and fluctuating prices. As an essential chemical used in coatings and plastics, its availability depends on global supply chains, which are often affected by geopolitical and economic factors. Additionally, environmental regulations regarding chemical production add complexity to market operations.
The neopentyl glycol market in the Philippines is gaining traction due to its growing applications in coatings, adhesives, and plastics. The expanding construction and automotive industries are driving demand for high-performance resins and polymers. Investors can explore opportunities in local production facilities, raw material sourcing, and eco-friendly alternatives to traditional neopentyl glycol formulations.
The neopentyl glycol market is regulated under chemical safety laws enforced by the Department of Environment and Natural Resources (DENR) and the Department of Trade and Industry (DTI). Importation and manufacturing require compliance with environmental and industrial safety standards. Policies encourage responsible sourcing and sustainable production methods.
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 Neopentyl Glycol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Neopentyl Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Neopentyl Glycol Market - Industry Life Cycle |
3.4 Philippines Neopentyl Glycol Market - Porter's Five Forces |
3.5 Philippines Neopentyl Glycol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Neopentyl Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Neopentyl Glycol Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Philippines Neopentyl Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for neopentyl glycol in the construction and automotive industries in the Philippines |
4.2.2 Growing awareness about the benefits of neopentyl glycol in various applications |
4.2.3 Rise in disposable income leading to higher consumption of products containing neopentyl glycol |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of neopentyl glycol |
4.3.2 Stringent regulations and environmental concerns regarding the production and usage of neopentyl glycol in the Philippines |
5 Philippines Neopentyl Glycol Market Trends |
6 Philippines Neopentyl Glycol Market, By Types |
6.1 Philippines Neopentyl Glycol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Neopentyl Glycol Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Neopentyl Glycol Market Revenues & Volume, By Flake, 2021- 2031F |
6.1.4 Philippines Neopentyl Glycol Market Revenues & Volume, By Molten, 2021- 2031F |
6.1.5 Philippines Neopentyl Glycol Market Revenues & Volume, By Slurry, 2021- 2031F |
6.2 Philippines Neopentyl Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Neopentyl Glycol Market Revenues & Volume, By Coatings, 2021- 2031F |
6.2.3 Philippines Neopentyl Glycol Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.4 Philippines Neopentyl Glycol Market Revenues & Volume, By Insulation, 2021- 2031F |
6.3 Philippines Neopentyl Glycol Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Neopentyl Glycol Market Revenues & Volume, By Paints, 2021- 2031F |
6.3.3 Philippines Neopentyl Glycol Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Philippines Neopentyl Glycol Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.5 Philippines Neopentyl Glycol Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.6 Philippines Neopentyl Glycol Market Revenues & Volume, By Plastics, 2021- 2031F |
6.3.7 Philippines Neopentyl Glycol Market Revenues & Volume, By Textiles, 2021- 2031F |
7 Philippines Neopentyl Glycol Market Import-Export Trade Statistics |
7.1 Philippines Neopentyl Glycol Market Export to Major Countries |
7.2 Philippines Neopentyl Glycol Market Imports from Major Countries |
8 Philippines Neopentyl Glycol Market Key Performance Indicators |
8.1 Research and development investment in innovative neopentyl glycol applications |
8.2 Number of new product launches containing neopentyl glycol in the Philippines |
8.3 Adoption rate of neopentyl glycol substitutes in different industries |
9 Philippines Neopentyl Glycol Market - Opportunity Assessment |
9.1 Philippines Neopentyl Glycol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Neopentyl Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Neopentyl Glycol Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Philippines Neopentyl Glycol Market - Competitive Landscape |
10.1 Philippines Neopentyl Glycol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Neopentyl Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |