Product Code: ETC344789 | 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 Philippines rosin resin market is estimated to have a value of USD 5. 3 million in 2025 and is expected to grow at a CAGR of 4. 3% over the forecast period. The demand for rosin resins in the Philippines is driven by its enormous use as sizing agents, adhesives, binders, tackifiers, and others in various industries such as printing ink production, paper & board coating products, rubber compounding products manufacturing industry due to its high adhesive strength and excellent thermal stability properties. Furthermore, with increasing residential construction activities owing to robust economic growth rate also bolsters the rosin resin demand in this country.
The Philippines rosin resin market is connected to the adhesive, coatings, and printing industries. Rosin resin is used in various applications for its adhesive and binding properties. Economic growth, industrial expansion, and innovation in manufacturing processes impact the demand for rosin resin products.
Challenges in the Philippines rosin resin market could arise from the availability of substitutes and the need for sustainable sourcing of raw materials. Market players will need to focus on product differentiation, exploring new applications for rosin resin, and addressing environmental concerns related to production processes. Moreover, establishing strong distribution networks to reach diverse industries will be important for sustained growth.
The rosin resin market could have experienced varying impacts during the pandemic. The market is used in a range of industries including adhesives, coatings, and inks. While industrial activities might have been affected by lockdowns, certain applications such as packaging and essential goods production could have maintained demand. Supply chain disruptions and transportation challenges might have affected the availability of raw materials and distribution. The market might have been influenced by shifts in manufacturing priorities and changes in consumer demand.
The rosin resin market includes the production of resins derived from pine tree sap, often used in adhesives, coatings, and various industrial applications. The outlook might be shaped by manufacturing needs, construction activities, and trends in adhesive technology. Key players could include resin manufacturers like Eastman Chemical Company and Ingevity.
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 Rosin Resin Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Rosin Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Rosin Resin Market - Industry Life Cycle |
3.4 Philippines Rosin Resin Market - Porter's Five Forces |
3.5 Philippines Rosin Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Rosin Resin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Rosin Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Rosin Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rosin resin in various industries such as adhesives, inks, and coatings due to its versatile properties |
4.2.2 Growth in the construction sector leading to higher consumption of rosin resin for adhesives and sealants |
4.2.3 Rising awareness about environmentally friendly and sustainable products driving the demand for bio-based rosin resin |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of rosin resin |
4.3.2 Intense competition from substitutes like synthetic resins affecting market growth |
4.3.3 Regulatory challenges related to environmental standards and waste management in the production of rosin resin |
5 Philippines Rosin Resin Market Trends |
6 Philippines Rosin Resin Market, By Types |
6.1 Philippines Rosin Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Rosin Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Rosin Resin Market Revenues & Volume, By Rosin Acids, 2021-2031F |
6.1.4 Philippines Rosin Resin Market Revenues & Volume, By Rosin Esters, 2021-2031F |
6.1.5 Philippines Rosin Resin Market Revenues & Volume, By Hydrogenated Rosin Resins, 2021-2031F |
6.1.6 Philippines Rosin Resin Market Revenues & Volume, By Dimerized Rosin Resins, 2021-2031F |
6.1.7 Philippines Rosin Resin Market Revenues & Volume, By Modified Rosin Resins, 2021-2031F |
6.2 Philippines Rosin Resin Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Rosin Resin Market Revenues & Volume, By Gum Rosin, 2021-2031F |
6.2.3 Philippines Rosin Resin Market Revenues & Volume, By Wood Rosin, 2021-2031F |
6.2.4 Philippines Rosin Resin Market Revenues & Volume, By Tall Oil Rosin, 2021-2031F |
6.3 Philippines Rosin Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Rosin Resin Market Revenues & Volume, By Rubbers, 2021-2031F |
6.3.3 Philippines Rosin Resin Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.4 Philippines Rosin Resin Market Revenues & Volume, By Inks, 2021-2031F |
6.3.5 Philippines Rosin Resin Market Revenues & Volume, By Adhesives, 2021-2031F |
6.3.6 Philippines Rosin Resin Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.7 Philippines Rosin Resin Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
7 Philippines Rosin Resin Market Import-Export Trade Statistics |
7.1 Philippines Rosin Resin Market Export to Major Countries |
7.2 Philippines Rosin Resin Market Imports from Major Countries |
8 Philippines Rosin Resin Market Key Performance Indicators |
8.1 Percentage of companies adopting bio-based rosin resin in their manufacturing processes |
8.2 Research and development investment in improving the quality and efficiency of rosin resin production |
8.3 Number of new applications or industries using rosin resin as a key ingredient |
9 Philippines Rosin Resin Market - Opportunity Assessment |
9.1 Philippines Rosin Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Rosin Resin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Rosin Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Rosin Resin Market - Competitive Landscape |
10.1 Philippines Rosin Resin Market Revenue Share, By Companies, 2024 |
10.2 Philippines Rosin Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |