Product Code: ETC8849313 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
This market is expanding with the growing industrial and consumer demand for high-strength, fast-setting adhesives. Polyurethane hot-melt adhesives are used in furniture, construction, packaging, and footwear. Local manufacturing and importers are responding to growth in the e-commerce and construction sectors, where bonding efficiency and material compatibility are crucial.
The Philippines Polyurethane Hot-Melt Adhesive Market is experiencing growth as the demand for fast-curing adhesives in industries like packaging, automotive, and electronics increases. Polyurethane hot-melt adhesives offer strong bonding properties, making them ideal for high-performance applications. With the growth of these industries, the market for polyurethane hot-melt adhesives is expected to expand significantly.
The polyurethane hot-melt adhesive market in the Philippines faces challenges related to the high production costs of adhesives and the lack of local manufacturing facilities. The market is also constrained by the dependence on global suppliers for raw materials, making it vulnerable to international price fluctuations. Additionally, there is limited awareness about the diverse applications of polyurethane adhesives, which affects demand across various industries.
Investment in the polyurethane hot-melt adhesive market is attractive due to its expanding application in packaging, electronics, automotive, and furniture manufacturing. These adhesives offer strong bonding properties and fast processing times, which are highly valued in industrial settings. The Philippines, with its rising construction and packaging sectors, presents a fertile environment for market growth. Investors can benefit from the increasing demand for sustainable, VOC-free bonding solutions and the local shift toward more efficient production methods.
The government of the Philippines has supported the growth of the polyurethane hot-melt adhesive market by encouraging the adoption of advanced adhesives in manufacturing industries. Policies focus on promoting local production and reducing reliance on imports. The government ensures that these adhesives meet environmental and safety standards, particularly in industries like automotive and electronics, where high-performance adhesives are essential.
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 Polyurethane Hot-Melt Adhesive Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polyurethane Hot-Melt Adhesive Market - Industry Life Cycle |
3.4 Philippines Polyurethane Hot-Melt Adhesive Market - Porter's Five Forces |
3.5 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Polyurethane Hot-Melt Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Polyurethane Hot-Melt Adhesive Market Trends |
6 Philippines Polyurethane Hot-Melt Adhesive Market, By Types |
6.1 Philippines Polyurethane Hot-Melt Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Non-reactive, 2021- 2031F |
6.1.4 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Reactive, 2021- 2031F |
6.2 Philippines Polyurethane Hot-Melt Adhesive Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Paper, 2021- 2031F |
6.2.3 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Board and Packaging, 2021- 2031F |
6.2.4 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.5 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.6 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.7 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Footwear, 2021- 2031F |
6.2.8 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.9 Philippines Polyurethane Hot-Melt Adhesive Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
7 Philippines Polyurethane Hot-Melt Adhesive Market Import-Export Trade Statistics |
7.1 Philippines Polyurethane Hot-Melt Adhesive Market Export to Major Countries |
7.2 Philippines Polyurethane Hot-Melt Adhesive Market Imports from Major Countries |
8 Philippines Polyurethane Hot-Melt Adhesive Market Key Performance Indicators |
9 Philippines Polyurethane Hot-Melt Adhesive Market - Opportunity Assessment |
9.1 Philippines Polyurethane Hot-Melt Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Polyurethane Hot-Melt Adhesive Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Polyurethane Hot-Melt Adhesive Market - Competitive Landscape |
10.1 Philippines Polyurethane Hot-Melt Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polyurethane Hot-Melt Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |