| Product Code: ETC13009441 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Philippines continued to import significant volumes of polypropylene and high impact polystyrene, with top exporters being Malaysia, Taiwan, Province of China, Thailand, China, and South Korea. The market remained diverse with low concentration levels, indicating a balanced import landscape. Despite a slight overall decline in CAGR from 2020-24 at -1.83%, the growth rate in 2024 surged by 18.54%, suggesting a potential upturn in demand and market activity for polypropylene and high impact polystyrene in the Philippines.

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 Polypropylene and High Impact Polystyrene Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polypropylene and High Impact Polystyrene Market - Industry Life Cycle |
3.4 Philippines Polypropylene and High Impact Polystyrene Market - Porter's Five Forces |
3.5 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Processing Technology, 2021 & 2031F |
4 Philippines Polypropylene and High Impact Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging materials in the Philippines |
4.2.2 Growth in the construction industry driving demand for polypropylene and high impact polystyrene |
4.2.3 Adoption of polypropylene and high impact polystyrene in automotive applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as PET and PVC |
4.3.3 Regulatory challenges related to environmental concerns and recycling |
5 Philippines Polypropylene and High Impact Polystyrene Market Trends |
6 Philippines Polypropylene and High Impact Polystyrene Market, By Types |
6.1 Philippines Polypropylene and High Impact Polystyrene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Homopolymer PP, 2021 - 2031F |
6.1.4 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Copolymer PP, 2021 - 2031F |
6.1.5 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By High Impact Polystyrene (HIPS), 2021 - 2031F |
6.1.6 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Blended PP and HIPS, 2021 - 2031F |
6.1.7 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Philippines Polypropylene and High Impact Polystyrene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.2.4 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Electronic Housings, 2021 - 2031F |
6.2.5 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F |
6.2.6 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3 Philippines Polypropylene and High Impact Polystyrene Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Food and Beverage, 2021 - 2031F |
6.3.3 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.5 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Heavy Industry, 2021 - 2031F |
6.3.6 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Consumer Staples, 2021 - 2031F |
6.4 Philippines Polypropylene and High Impact Polystyrene Market, By Processing Technology |
6.4.1 Overview and Analysis |
6.4.2 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Injection Molding, 2021 - 2031F |
6.4.3 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Extrusion, 2021 - 2031F |
6.4.4 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Thermoforming, 2021 - 2031F |
6.4.5 Philippines Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Blow Molding, 2021 - 2031F |
7 Philippines Polypropylene and High Impact Polystyrene Market Import-Export Trade Statistics |
7.1 Philippines Polypropylene and High Impact Polystyrene Market Export to Major Countries |
7.2 Philippines Polypropylene and High Impact Polystyrene Market Imports from Major Countries |
8 Philippines Polypropylene and High Impact Polystyrene Market Key Performance Indicators |
8.1 Average selling price of polypropylene and high impact polystyrene |
8.2 Capacity utilization rates of manufacturing facilities |
8.3 Adoption rate of polypropylene and high impact polystyrene in new applications |
8.4 Efficiency of supply chain management in the industry |
8.5 Innovation and product development initiatives within the market |
9 Philippines Polypropylene and High Impact Polystyrene Market - Opportunity Assessment |
9.1 Philippines Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Philippines Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Processing Technology, 2021 & 2031F |
10 Philippines Polypropylene and High Impact Polystyrene Market - Competitive Landscape |
10.1 Philippines Polypropylene and High Impact Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polypropylene and High Impact Polystyrene 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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