| Product Code: ETC8847052 | 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 octadecanedioic acid import shipments in 2024, with key exporting countries such as China, South Korea, Japan, USA, and India dominating the market. Despite the high Herfindahl-Hirschman Index (HHI) indicating a concentrated market, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a commendable 10.12%. The remarkable growth rate of 24.85% from 2023 to 2024 suggests a surge in demand for this product in the Philippines, reflecting a positive trend in the industry.

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 |
4.2.1 Increasing demand for sustainable and bio-based products in various industries |
4.2.2 Growing awareness about the benefits of octadecanedioic acid in skincare and personal care products |
4.2.3 Favorable government regulations supporting the use of eco-friendly chemicals |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Lack of widespread adoption and awareness about octadecanedioic acid in certain end-user industries |
4.3.3 Competition from alternative chemical compounds in the market |
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 |
8.1 Research and development investment in new applications of octadecanedioic acid |
8.2 Number of partnerships and collaborations with key players in different industries |
8.3 Rate of adoption of octadecanedioic acid in new product formulations |
8.4 Environmental impact assessments and certifications for sustainable production practices |
8.5 Number of patents filed for innovative uses of octadecanedioic acid |
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 |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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