| Product Code: ETC10297825 | 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 | |
The Philippines saw a significant increase in soy-based chemical imports in 2024, with top exporters being China, South Korea, and Taiwan. The market continues to be highly concentrated, indicating strong dominance by key players. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 38.26%, reflecting a robust upward trend. Moreover, the growth rate from 2023 to 2024 surged to 156.23%, suggesting a rapid acceleration in demand for soy-based chemicals in the Philippines. These statistics highlight the country`s growing reliance on imports for this essential industrial sector.

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 Chemical Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soy Based Chemical Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soy Based Chemical Market - Industry Life Cycle |
3.4 Philippines Soy Based Chemical Market - Porter's Five Forces |
3.5 Philippines Soy Based Chemical Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Soy Based Chemical Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Soy Based Chemical Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Philippines Soy Based Chemical Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.9 Philippines Soy Based Chemical Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Soy Based Chemical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Soy Based Chemical Market Trends |
6 Philippines Soy Based Chemical Market, By Types |
6.1 Philippines Soy Based Chemical Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soy Based Chemical Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Soy Based Chemical Market Revenues & Volume, By Soy Protein, 2021 - 2031F |
6.1.4 Philippines Soy Based Chemical Market Revenues & Volume, By Soy Oil, 2021 - 2031F |
6.1.5 Philippines Soy Based Chemical Market Revenues & Volume, By Soy Lecithin, 2021 - 2031F |
6.1.6 Philippines Soy Based Chemical Market Revenues & Volume, By Soy based Resins, 2021 - 2031F |
6.2 Philippines Soy Based Chemical Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soy Based Chemical Market Revenues & Volume, By Polymers, 2021 - 2031F |
6.2.3 Philippines Soy Based Chemical Market Revenues & Volume, By Surfactants, 2021 - 2031F |
6.2.4 Philippines Soy Based Chemical Market Revenues & Volume, By Plasticizers, 2021 - 2031F |
6.2.5 Philippines Soy Based Chemical Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.2.6 Philippines Soy Based Chemical Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.3 Philippines Soy Based Chemical Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Soy Based Chemical Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Philippines Soy Based Chemical Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.4 Philippines Soy Based Chemical Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3.5 Philippines Soy Based Chemical Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.6 Philippines Soy Based Chemical Market Revenues & Volume, By Household, 2021 - 2031F |
6.4 Philippines Soy Based Chemical Market, By Production Process |
6.4.1 Overview and Analysis |
6.4.2 Philippines Soy Based Chemical Market Revenues & Volume, By Biotechnology, 2021 - 2031F |
6.4.3 Philippines Soy Based Chemical Market Revenues & Volume, By Hydrogenation, 2021 - 2031F |
6.4.4 Philippines Soy Based Chemical Market Revenues & Volume, By Fermentation, 2021 - 2031F |
6.4.5 Philippines Soy Based Chemical Market Revenues & Volume, By Extraction, 2021 - 2031F |
6.5 Philippines Soy Based Chemical Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Soy Based Chemical Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Philippines Soy Based Chemical Market Revenues & Volume, By Online, 2021 - 2031F |
6.5.4 Philippines Soy Based Chemical Market Revenues & Volume, By Wholesale, 2021 - 2031F |
6.5.5 Philippines Soy Based Chemical Market Revenues & Volume, By Retail, 2021 - 2031F |
7 Philippines Soy Based Chemical Market Import-Export Trade Statistics |
7.1 Philippines Soy Based Chemical Market Export to Major Countries |
7.2 Philippines Soy Based Chemical Market Imports from Major Countries |
8 Philippines Soy Based Chemical Market Key Performance Indicators |
9 Philippines Soy Based Chemical Market - Opportunity Assessment |
9.1 Philippines Soy Based Chemical Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Soy Based Chemical Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Soy Based Chemical Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Philippines Soy Based Chemical Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.5 Philippines Soy Based Chemical Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Soy Based Chemical Market - Competitive Landscape |
10.1 Philippines Soy Based Chemical Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soy Based Chemical 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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