| Product Code: ETC8852077 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Used extensively in construction, automotive, and packaging sectors, solvent-borne adhesives in the Philippines are witnessing steady demand. These adhesives offer excellent bonding strength and resistance to temperature variations. Despite their effectiveness, the market is under pressure to shift towards water-based alternatives due to health and environmental concerns.
The solvent-borne adhesives market in the Philippines is seeing significant growth due to the increasing demand for adhesives in industries such as construction, automotive, and packaging. Solvent-borne adhesives are known for their strong bonding properties and versatility, making them ideal for use in applications that require high strength and durability. As the construction and automotive sectors expand, the demand for these adhesives is expected to rise. Additionally, the market is witnessing innovations in adhesive formulations, with a focus on improving performance and reducing environmental impact by minimizing the use of harmful solvents.
The solvent-borne adhesives market is constrained by increasing health and environmental concerns related to solvent emissions. Rising demand for water-based and hot-melt adhesives from various sectors is putting downward pressure on solvent-borne adhesives. Additionally, regulatory constraints increase production costs and limit product flexibility.
The Philippines Solvent-borne Adhesives market is poised for growth due to the expanding demand from industries like construction, automotive, and packaging. Solvent-based adhesives offer strong bonding properties and are essential in applications where durability and heat resistance are required. With rapid infrastructure development and growth in the construction sector, there are significant opportunities for investors to tap into the rising demand for these adhesives. As eco-friendly alternatives become more popular, there is also potential for innovation in the development of greener solvent-borne adhesives.
The Philippines Solvent-borne Adhesives Market has grown in line with the countrys manufacturing and construction sectors. Government policies focus on enhancing the safety and environmental impact of these adhesives. There are regulations to control the emissions of hazardous air pollutants from solvent-borne adhesives, pushing industries to innovate and adopt low-VOC or VOC-free alternatives. Furthermore, policies encourage local manufacturing to reduce dependency on imported adhesives and foster industry growth.
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 Solvent-borne Adhesives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Solvent-borne Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Solvent-borne Adhesives Market - Industry Life Cycle |
3.4 Philippines Solvent-borne Adhesives Market - Porter's Five Forces |
3.5 Philippines Solvent-borne Adhesives Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Solvent-borne Adhesives Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Philippines Solvent-borne Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in the Philippines, leading to increased demand for solvent-borne adhesives. |
4.2.2 Rise in automotive production and maintenance activities in the country, driving the need for adhesives in the automotive sector. |
4.2.3 Expansion of the packaging industry in the Philippines, boosting the usage of solvent-borne adhesives in packaging applications. |
4.3 Market Restraints |
4.3.1 Increasing environmental concerns and regulations regarding the use of solvent-based products, leading to a shift towards eco-friendly alternatives. |
4.3.2 Volatility in raw material prices impacting the production cost of solvent-borne adhesives. |
4.3.3 Competition from alternative adhesive technologies such as water-based adhesives affecting the market share of solvent-borne adhesives. |
5 Philippines Solvent-borne Adhesives Market Trends |
6 Philippines Solvent-borne Adhesives Market, By Types |
6.1 Philippines Solvent-borne Adhesives Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Chloroprene Rubber, 2021- 2031F |
6.1.4 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Poly Acrylate (PA), 2021- 2031F |
6.1.5 Philippines Solvent-borne Adhesives Market Revenues & Volume, By SBC Resin Adhesives, 2021- 2031F |
6.1.6 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Other Resin Types, 2021- 2031F |
6.2 Philippines Solvent-borne Adhesives Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Building and Constructio, 2021- 2031F |
6.2.3 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Paper, 2021- 2031F |
6.2.4 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Board and Packaging, 2021- 2031F |
6.2.5 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Woodworking and Joinery, 2021- 2031F |
6.2.6 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.7 Philippines Solvent-borne Adhesives Market Revenues & Volume, By Footwear, 2021- 2031F |
7 Philippines Solvent-borne Adhesives Market Import-Export Trade Statistics |
7.1 Philippines Solvent-borne Adhesives Market Export to Major Countries |
7.2 Philippines Solvent-borne Adhesives Market Imports from Major Countries |
8 Philippines Solvent-borne Adhesives Market Key Performance Indicators |
8.1 Adoption rate of solvent-borne adhesives in key industries (construction, automotive, packaging). |
8.2 Rate of compliance with environmental regulations and adoption of sustainable practices by adhesive manufacturers. |
8.3 Innovation and development of new solvent-borne adhesive products to meet changing market demands. |
9 Philippines Solvent-borne Adhesives Market - Opportunity Assessment |
9.1 Philippines Solvent-borne Adhesives Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Solvent-borne Adhesives Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Philippines Solvent-borne Adhesives Market - Competitive Landscape |
10.1 Philippines Solvent-borne Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Solvent-borne Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |