| Product Code: ETC8851937 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines soft touch polyurethane coatings import market in 2024 continued to see a high concentration of shipments from top exporting countries such as Japan, Thailand, Germany, China, and Singapore. Despite the challenging market conditions, the industry experienced a negative CAGR of -4.72% from 2020 to 2024. The growth rate further declined by -9.69% from 2023 to 2024, indicating a continued slowdown in import activity for soft touch polyurethane coatings in the Philippines. The market is likely facing various challenges that impacted its growth trajectory during this period.

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 Soft Touch Polyurethane Coatings Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soft Touch Polyurethane Coatings Market - Industry Life Cycle |
3.4 Philippines Soft Touch Polyurethane Coatings Market - Porter's Five Forces |
3.5 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume Share, By Base Type, 2021 & 2031F |
3.6 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.7 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume Share, By End-use industry, 2021 & 2031F |
4 Philippines Soft Touch Polyurethane Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for premium finishes in automotive and electronics industries |
4.2.2 Growing awareness about the benefits of soft touch polyurethane coatings in enhancing product aesthetics |
4.2.3 Rising disposable income leading to higher spending on luxury items and consumer goods |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative coating technologies |
4.3.3 Regulatory challenges related to environmental and health concerns |
5 Philippines Soft Touch Polyurethane Coatings Market Trends |
6 Philippines Soft Touch Polyurethane Coatings Market, By Types |
6.1 Philippines Soft Touch Polyurethane Coatings Market, By Base Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Base Type, 2021- 2031F |
6.1.3 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Water-based, 2021- 2031F |
6.1.4 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Solvent-based, 2021- 2031F |
6.2 Philippines Soft Touch Polyurethane Coatings Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By 2K, 2021- 2031F |
6.2.3 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By UV, 2021- 2031F |
6.3 Philippines Soft Touch Polyurethane Coatings Market, By End-use industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Transport and automotive, 2021- 2031F |
6.3.3 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Electrical and electronics, 2021- 2031F |
6.3.4 Philippines Soft Touch Polyurethane Coatings Market Revenues & Volume, By Wood and Furniture, 2021- 2031F |
7 Philippines Soft Touch Polyurethane Coatings Market Import-Export Trade Statistics |
7.1 Philippines Soft Touch Polyurethane Coatings Market Export to Major Countries |
7.2 Philippines Soft Touch Polyurethane Coatings Market Imports from Major Countries |
8 Philippines Soft Touch Polyurethane Coatings Market Key Performance Indicators |
8.1 Percentage increase in adoption of soft touch polyurethane coatings in new product launches |
8.2 Number of partnerships and collaborations with key industry players for product development |
8.3 Average time-to-market for new soft touch polyurethane coating formulations |
8.4 Percentage growth in customer satisfaction ratings related to product quality and performance |
8.5 Number of patents filed for innovative soft touch polyurethane coating technologies |
9 Philippines Soft Touch Polyurethane Coatings Market - Opportunity Assessment |
9.1 Philippines Soft Touch Polyurethane Coatings Market Opportunity Assessment, By Base Type, 2021 & 2031F |
9.2 Philippines Soft Touch Polyurethane Coatings Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.3 Philippines Soft Touch Polyurethane Coatings Market Opportunity Assessment, By End-use industry, 2021 & 2031F |
10 Philippines Soft Touch Polyurethane Coatings Market - Competitive Landscape |
10.1 Philippines Soft Touch Polyurethane Coatings Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soft Touch Polyurethane Coatings 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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