Product Code: ETC235289 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The polyurethane adhesives market in the Philippines is expected to register a CAGR of 5.3% during 2025-2031, propelled by increasing demand from the automotive industry and growing construction activities. Rising environmental concerns have prompted manufacturers to develop eco-friendly alternatives for toxic and hazardous products, which has led to an increase in the use of polyurethane (PU) adhesives. Moreover, PU adhesives are used owing their superior bonding strength and superior resistance against extreme temperatures, chemicals, water/moisture and UV rays compared with standard adhesives. Furthermore, technological advancements related to PU adhesive formulations such as low VOCs emission levels along with improved application processes will propel its overall demand in the coming years.
The growth of the Philippines polyurethane adhesives market is underpinned by key drivers that shape its outlook. Polyurethane adhesives are known for their strong bonding capabilities across diverse substrates, making them sought-after in industries like construction, automotive, and woodworking.
Polyurethane adhesives in the Philippines encounter challenges related to raw material availability and cost fluctuations. Achieving consistent adhesive performance while managing the costs of production requires strategic supply chain management and efficient process optimization.
The Philippines polyurethane adhesives market experienced disruptions amid the pandemic due to reduced industrial and construction activities. The market felt the impact of supply chain interruptions and decreased demand from end-user industries. However, the market is expected to witness recovery as economic activities resume and construction projects gain momentum. The versatility of polyurethane adhesives and their applications across industries will contribute to the market`s resurgence.
The Philippines polyurethane adhesives market is anticipated to grow, driven by their versatile bonding capabilities in various industries such as construction, automotive, and footwear. Key players in this market could include chemical and adhesive manufacturers like Dow Philippines and Huntsman Philippines. Developing sustainable and high-performance adhesive solutions may be on the agenda for these players to maintain competitiveness.
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 Polymer Adhesives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polymer Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polymer Adhesives Market - Industry Life Cycle |
3.4 Philippines Polymer Adhesives Market - Porter's Five Forces |
3.5 Philippines Polymer Adhesives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Polymer Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Polymer Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polymer adhesives in construction and infrastructure projects in the Philippines |
4.2.2 Increasing adoption of polymer adhesives in automotive and aerospace industries |
4.2.3 Rising trend of using eco-friendly and sustainable adhesive solutions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of polymer adhesives |
4.3.2 Lack of awareness and understanding about the benefits of polymer adhesives among end-users |
4.3.3 Stringent regulations and standards related to the manufacturing and usage of polymer adhesives |
5 Philippines Polymer Adhesives Market Trends |
6 Philippines Polymer Adhesives Market, By Types |
6.1 Philippines Polymer Adhesives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polymer Adhesives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Polymer Adhesives Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Philippines Polymer Adhesives Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 Philippines Polymer Adhesives Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.6 Philippines Polymer Adhesives Market Revenues & Volume, By Polyether, 2021-2031F |
6.1.7 Philippines Polymer Adhesives Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Polymer Adhesives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polymer Adhesives Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Philippines Polymer Adhesives Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Philippines Polymer Adhesives Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 Philippines Polymer Adhesives Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.6 Philippines Polymer Adhesives Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.7 Philippines Polymer Adhesives Market Revenues & Volume, By Furniture, 2021-2031F |
7 Philippines Polymer Adhesives Market Import-Export Trade Statistics |
7.1 Philippines Polymer Adhesives Market Export to Major Countries |
7.2 Philippines Polymer Adhesives Market Imports from Major Countries |
8 Philippines Polymer Adhesives Market Key Performance Indicators |
8.1 Research and Development (RD) investment in developing innovative polymer adhesive products |
8.2 Number of partnerships and collaborations with key industry players for market expansion |
8.3 Percentage of revenue generated from new product launches in the polymer adhesives segment |
9 Philippines Polymer Adhesives Market - Opportunity Assessment |
9.1 Philippines Polymer Adhesives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Polymer Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Polymer Adhesives Market - Competitive Landscape |
10.1 Philippines Polymer Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polymer Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |