Product Code: ETC198821 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Philippines Propylene Oxide market currently, in 2023, has witnessed an HHI of 10000, Which has increased substantially as compared to the HHI of 5029 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Philippine propylene oxide market was valued at USD 10.8 million in 2025 and is projected to reach USD 12.6 million, registering a CAGR of 3.2% during the forecast period. The surge in demand for polyurethane foam products from various end-use industries such as automotive, construction, furniture, bedding & upholstery etc., is expected to drive the growth of the market over the coming years.
The Philippines propylene oxide market is driven by several key factors. Propylene oxide is a versatile chemical used in the production of various products, including polyurethanes, detergents, and personal care items. The growth of industries such as automotive, construction, and consumer goods has contributed to the demand for propylene oxide-based materials. Additionally, increasing urbanization, rising disposable incomes, and changing consumer preferences are fueling demand for end products that rely on propylene oxide. Technological advancements and innovations in manufacturing processes are also driving the market`s expansion. As sustainability and environmental concerns gain importance, the development of eco-friendly propylene oxide production methods further propels the market`s growth.
The Philippines propylene oxide market faces several challenges that impact its dynamics. Propylene oxide, used in various industries including plastics, chemicals, and textiles, encounters challenges related to supply chain disruptions, volatile raw material prices, and evolving environmental regulations. The fluctuations in oil prices and availability of feedstock impact the production costs of propylene oxide. Additionally, stringent environmental regulations necessitate sustainable production methods, posing challenges for market players. Balancing cost-effective production with environmental concerns remains a key challenge in the Philippines propylene oxide market.
The Philippines propylene oxide market experienced shifts in demand and supply dynamics as a result of the COVID-19 pandemic. Propylene oxide, a key chemical used in the production of polyurethane foams, solvents, and various industrial applications, faced changes in consumption patterns due to disruptions in construction projects and industrial operations. The restrictions on mobility and economic uncertainties led to adjustments in market dynamics, prompting the industry to adapt to new challenges.
PropyleneOxide Corp, OxidePropylene Industries, and PO Tech Solutions are key players in the Philippines propylene oxide market. These companies contribute to the supply of propylene oxide, which is used in the production of polyurethanes, solvents, and various chemical processes.
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 Propylene oxide Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Propylene oxide Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Propylene oxide Market - Industry Life Cycle |
3.4 Philippines Propylene oxide Market - Porter's Five Forces |
3.5 Philippines Propylene oxide Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Propylene oxide Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Philippines Propylene oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in automotive and construction industries increasing demand for propylene oxide in the Philippines |
4.2.2 Increasing investments in infrastructure projects driving the demand for propylene oxide |
4.2.3 Rising disposable income leading to higher consumption of consumer goods and thereby propylene oxide |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of propylene oxide |
4.3.2 Stringent regulations related to environmental concerns affecting the production and usage of propylene oxide |
4.3.3 Competition from substitute products limiting the market growth of propylene oxide in the Philippines |
5 Philippines Propylene oxide Market Trends |
6 Philippines Propylene oxide Market, By Types |
6.1 Philippines Propylene oxide Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Propylene oxide Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Propylene oxide Market Revenues & Volume, By Polyether Polyols, 2021-2031F |
6.1.4 Philippines Propylene oxide Market Revenues & Volume, By Propylene Glycols, 2021-2031F |
6.1.5 Philippines Propylene oxide Market Revenues & Volume, By Propylene Glycol Ethers (PGE), 2021-2031F |
6.1.6 Philippines Propylene oxide Market Revenues & Volume, By Polyalkylene Glycols, 2021-2031F |
6.1.7 Philippines Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
6.2 Philippines Propylene oxide Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Propylene oxide Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Philippines Propylene oxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 Philippines Propylene oxide Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.5 Philippines Propylene oxide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Philippines Propylene oxide Market Revenues & Volume, By Detergents and Lubricants, 2021-2031F |
6.2.7 Philippines Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
7 Philippines Propylene oxide Market Import-Export Trade Statistics |
7.1 Philippines Propylene oxide Market Export to Major Countries |
7.2 Philippines Propylene oxide Market Imports from Major Countries |
8 Philippines Propylene oxide Market Key Performance Indicators |
8.1 Capacity utilization rate of propylene oxide manufacturing plants |
8.2 Average selling price of propylene oxide in the Philippines |
8.3 Number of infrastructure projects utilizing propylene oxide as a raw material |
8.4 Adoption rate of propylene oxide in key end-user industries in the Philippines |
8.5 Investment trends in research and development for propylene oxide applications |
9 Philippines Propylene oxide Market - Opportunity Assessment |
9.1 Philippines Propylene oxide Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Propylene oxide Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Philippines Propylene oxide Market - Competitive Landscape |
10.1 Philippines Propylene oxide Market Revenue Share, By Companies, 2024 |
10.2 Philippines Propylene oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |