Product Code: ETC8847052 | 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 octadecanedioic acid market in the Philippines is growing due to its wide-ranging applications in pharmaceuticals, polymers, and cosmetics. This long-chain dicarboxylic acid is primarily used in the synthesis of specialty chemicals, lubricants, and high-performance polyamides. With increasing demand for bio-based and sustainable raw materials, manufacturers are exploring eco-friendly production methods. The expanding cosmetic and personal care industry in the Philippines also contributes to market growth, as octadecanedioic acid is used in skincare formulations.
The growing use of octadecanedioic acid in the production of polymers, lubricants, and coatings is fueling market demand in the Philippines. The expansion of the automotive and textile industries, where this chemical is widely used, further supports market growth. Additionally, research into bio-based alternatives for petrochemical-derived products is opening new opportunities for sustainable production.
The octadecanedioic acid market in the Philippines faces challenges related to limited production capacity, high production costs, and limited awareness. This specialty chemical is not widely produced locally, which increases reliance on imports and makes it vulnerable to price fluctuations. The complexity of its production process also adds to the high costs. Furthermore, the market remains niche, with many potential users unaware of its benefits, slowing adoption in industries such as automotive and textiles.
Octadecanedioic acid is gaining traction in the Philippines due to its applications in polymers, coatings, and personal care products. Investors can explore opportunities in local production to reduce import dependence, targeting industries such as cosmetics, lubricants, and specialty chemicals. Collaborations with local manufacturers and expansion into biodegradable polymer production further enhance growth prospects.
In the Philippines, policies related to chemical production and environmental protection affect the octadecanedioic acid market. The government encourages the development of sustainable chemical products and supports industries that adopt environmentally friendly manufacturing processes. Policies also promote the research and development of specialty chemicals like octadecanedioic acid, which is used in various applications, including in the production of biodegradable polymers.
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 Octadecanedioic Acid Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Octadecanedioic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Octadecanedioic Acid Market - Industry Life Cycle |
3.4 Philippines Octadecanedioic Acid Market - Porter's Five Forces |
3.5 Philippines Octadecanedioic Acid Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Philippines Octadecanedioic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Octadecanedioic Acid Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.8 Philippines Octadecanedioic Acid Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.9 Philippines Octadecanedioic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Octadecanedioic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Octadecanedioic Acid Market Trends |
6 Philippines Octadecanedioic Acid Market, By Types |
6.1 Philippines Octadecanedioic Acid Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Philippines Octadecanedioic Acid Market Revenues & Volume, By Process, 2021- 2031F |
6.1.3 Philippines Octadecanedioic Acid Market Revenues & Volume, By Microbial Fermentation, 2021- 2031F |
6.1.4 Philippines Octadecanedioic Acid Market Revenues & Volume, By Metathesis, 2021- 2031F |
6.2 Philippines Octadecanedioic Acid Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Octadecanedioic Acid Market Revenues & Volume, By Manufactured By Petrochemical, 2021- 2031F |
6.2.3 Philippines Octadecanedioic Acid Market Revenues & Volume, By Manufactured By Biotechnological, 2021- 2031F |
6.3 Philippines Octadecanedioic Acid Market, By Usage |
6.3.1 Overview and Analysis |
6.3.2 Philippines Octadecanedioic Acid Market Revenues & Volume, By Monomer and Additive, 2021- 2031F |
6.3.3 Philippines Octadecanedioic Acid Market Revenues & Volume, By Coating,Reactive Diluent, 2021- 2031F |
6.3.4 Philippines Octadecanedioic Acid Market Revenues & Volume, By Toners/Ink, 2021- 2031F |
6.3.5 Philippines Octadecanedioic Acid Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.4 Philippines Octadecanedioic Acid Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Philippines Octadecanedioic Acid Market Revenues & Volume, By Automobile, 2021- 2031F |
6.4.3 Philippines Octadecanedioic Acid Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.4 Philippines Octadecanedioic Acid Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.5 Philippines Octadecanedioic Acid Market Revenues & Volume, By Construction, 2021- 2031F |
6.4.6 Philippines Octadecanedioic Acid Market Revenues & Volume, By Food Service, 2021- 2031F |
6.4.7 Philippines Octadecanedioic Acid Market Revenues & Volume, By Textiles, 2021- 2031F |
6.4.8 Philippines Octadecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Philippines Octadecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Octadecanedioic Acid Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Octadecanedioic Acid Market Revenues & Volume, By Polyester Polyols, 2021- 2031F |
6.5.3 Philippines Octadecanedioic Acid Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.5.4 Philippines Octadecanedioic Acid Market Revenues & Volume, By Powder Coating, 2021- 2031F |
6.5.5 Philippines Octadecanedioic Acid Market Revenues & Volume, By Lubricant Oils, 2021- 2031F |
6.5.6 Philippines Octadecanedioic Acid Market Revenues & Volume, By Corrosion Inhibitors, 2021- 2031F |
6.5.7 Philippines Octadecanedioic Acid Market Revenues & Volume, By Epoxy Curing, 2021- 2031F |
6.5.8 Philippines Octadecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
6.5.9 Philippines Octadecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Octadecanedioic Acid Market Import-Export Trade Statistics |
7.1 Philippines Octadecanedioic Acid Market Export to Major Countries |
7.2 Philippines Octadecanedioic Acid Market Imports from Major Countries |
8 Philippines Octadecanedioic Acid Market Key Performance Indicators |
9 Philippines Octadecanedioic Acid Market - Opportunity Assessment |
9.1 Philippines Octadecanedioic Acid Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Philippines Octadecanedioic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Octadecanedioic Acid Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.4 Philippines Octadecanedioic Acid Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.5 Philippines Octadecanedioic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Octadecanedioic Acid Market - Competitive Landscape |
10.1 Philippines Octadecanedioic Acid Market Revenue Share, By Companies, 2024 |
10.2 Philippines Octadecanedioic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |