| Product Code: ETC10297633 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Philippines witnessed a shift in the soy-based adhesive import landscape, with top exporters being Japan, China, South Korea, USA, and Malaysia. The market displayed a notable decrease in market concentration, transitioning from high in 2023 to a more moderate level in 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) between 2020-2024 remained impressive at 18.85%. This suggests a stable market with diverse import sources, indicating a promising outlook for the soy-based adhesive industry in the Philippines.

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 Soy Based Adhesive Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soy Based Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soy Based Adhesive Market - Industry Life Cycle |
3.4 Philippines Soy Based Adhesive Market - Porter's Five Forces |
3.5 Philippines Soy Based Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Soy Based Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Soy Based Adhesive Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Philippines Soy Based Adhesive Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.9 Philippines Soy Based Adhesive Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Soy Based Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Soy Based Adhesive Market Trends |
6 Philippines Soy Based Adhesive Market, By Types |
6.1 Philippines Soy Based Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soy Based Adhesive Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Soy Based Adhesive Market Revenues & Volume, By Soy Protein based, 2021 - 2031F |
6.1.4 Philippines Soy Based Adhesive Market Revenues & Volume, By Soy Oil based, 2021 - 2031F |
6.1.5 Philippines Soy Based Adhesive Market Revenues & Volume, By Soy Flour based, 2021 - 2031F |
6.1.6 Philippines Soy Based Adhesive Market Revenues & Volume, By Soy based Resins, 2021 - 2031F |
6.2 Philippines Soy Based Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soy Based Adhesive Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Philippines Soy Based Adhesive Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.2.4 Philippines Soy Based Adhesive Market Revenues & Volume, By Woodworking, 2021 - 2031F |
6.2.5 Philippines Soy Based Adhesive Market Revenues & Volume, By Labels, 2021 - 2031F |
6.2.6 Philippines Soy Based Adhesive Market Revenues & Volume, By Paper, 2021 - 2031F |
6.3 Philippines Soy Based Adhesive Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Soy Based Adhesive Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Philippines Soy Based Adhesive Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.4 Philippines Soy Based Adhesive Market Revenues & Volume, By Textile, 2021 - 2031F |
6.3.5 Philippines Soy Based Adhesive Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.6 Philippines Soy Based Adhesive Market Revenues & Volume, By Medical, 2021 - 2031F |
6.4 Philippines Soy Based Adhesive Market, By Product Form |
6.4.1 Overview and Analysis |
6.4.2 Philippines Soy Based Adhesive Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.3 Philippines Soy Based Adhesive Market Revenues & Volume, By Solid, 2021 - 2031F |
6.4.4 Philippines Soy Based Adhesive Market Revenues & Volume, By Gel, 2021 - 2031F |
6.4.5 Philippines Soy Based Adhesive Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.6 Philippines Soy Based Adhesive Market Revenues & Volume, By Paste, 2021 - 2031F |
6.5 Philippines Soy Based Adhesive Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Soy Based Adhesive Market Revenues & Volume, By Online, 2021 - 2031F |
6.5.3 Philippines Soy Based Adhesive Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.4 Philippines Soy Based Adhesive Market Revenues & Volume, By Retail, 2021 - 2031F |
6.5.5 Philippines Soy Based Adhesive Market Revenues & Volume, By Wholesale, 2021 - 2031F |
7 Philippines Soy Based Adhesive Market Import-Export Trade Statistics |
7.1 Philippines Soy Based Adhesive Market Export to Major Countries |
7.2 Philippines Soy Based Adhesive Market Imports from Major Countries |
8 Philippines Soy Based Adhesive Market Key Performance Indicators |
9 Philippines Soy Based Adhesive Market - Opportunity Assessment |
9.1 Philippines Soy Based Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Soy Based Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Soy Based Adhesive Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Philippines Soy Based Adhesive Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.5 Philippines Soy Based Adhesive Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Soy Based Adhesive Market - Competitive Landscape |
10.1 Philippines Soy Based Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soy Based Adhesive 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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