| Product Code: ETC8852175 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a significant increase in specialty nitrile butadiene rubber imports in 2024, with top exporters being South Korea, Japan, Taiwan, Metropolitan France, and China. Despite a high concentration level in 2023, the market became even more concentrated in 2024. The compound annual growth rate from 2020 to 2024 was -7.99%, but there was a notable growth spurt from 2023 to 2024, with a growth rate of 22.46%. This indicates a dynamic market with fluctuations in supply sources and demand trends, presenting both challenges and opportunities for stakeholders in the industry.

Nitrile butadiene rubber (NBR) is widely used in the Philippines for applications requiring oil resistance and durability, such as automotive components, gloves, and seals. The specialty grade is favored for its enhanced mechanical and chemical properties. The growth in manufacturing, healthcare PPE, and automotive sectors is driving demand for specialty NBR in the country.
The specialty nitrile butadiene rubber (NBR) market in the Philippines is seeing rising demand, particularly in automotive and industrial applications. Its superior resistance to oils, chemicals, and abrasion makes it a preferred material for seals, gaskets, and hoses. The surge in glove production during and post-pandemic has also contributed to growth.
The specialty nitrile butadiene rubber (NBR) market in the Philippines faces challenges due to fluctuating prices of raw materials such as butadiene and acrylonitrile. Additionally, local manufacturers often struggle to maintain product quality and consistency due to limited access to advanced production technologies. There is also increasing competition from imports, which offer lower prices, and the rising demand for sustainable, eco-friendly alternatives to NBR poses further challenges for producers in this sector.
The Philippines Specialty Nitrile Butadiene Rubber (NBR) Market is witnessing growth due to its applications in a wide range of industries, including automotive, healthcare, and oil and gas. As demand for high-performance, resistant rubber products continues to rise, there are significant investment opportunities in the production of specialized NBR used in fuel and oil-resistant applications, gloves, seals, and gaskets. The need for advanced, durable, and high-quality rubber materials in various industries further supports the potential for innovation and expansion in this sector.
The government of the Philippines has adopted policies to support the specialty nitrile butadiene rubber (NBR) market, particularly given the growing demand for nitrile rubber in the healthcare, automotive, and industrial sectors. Policies focus on encouraging local production through fiscal incentives and supporting businesses that aim to reduce dependence on imports. The Department of Trade and Industry (DTI) also promotes research and development (R&D) initiatives aimed at enhancing the performance and sustainability of NBR products.
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 Specialty Nitrile Butadiene Rubber Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Specialty Nitrile Butadiene Rubber Market - Industry Life Cycle |
3.4 Philippines Specialty Nitrile Butadiene Rubber Market - Porter's Five Forces |
3.5 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Specialty Nitrile Butadiene Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Specialty Nitrile Butadiene Rubber Market Trends |
6 Philippines Specialty Nitrile Butadiene Rubber Market, By Types |
6.1 Philippines Specialty Nitrile Butadiene Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Carboxylated, 2021- 2031F |
6.1.4 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Bimodal and Liquid, 2021- 2031F |
6.2 Philippines Specialty Nitrile Butadiene Rubber Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.5 Philippines Specialty Nitrile Butadiene Rubber Market Revenues & Volume, By Other, 2021- 2031F |
7 Philippines Specialty Nitrile Butadiene Rubber Market Import-Export Trade Statistics |
7.1 Philippines Specialty Nitrile Butadiene Rubber Market Export to Major Countries |
7.2 Philippines Specialty Nitrile Butadiene Rubber Market Imports from Major Countries |
8 Philippines Specialty Nitrile Butadiene Rubber Market Key Performance Indicators |
9 Philippines Specialty Nitrile Butadiene Rubber Market - Opportunity Assessment |
9.1 Philippines Specialty Nitrile Butadiene Rubber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Specialty Nitrile Butadiene Rubber Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Specialty Nitrile Butadiene Rubber Market - Competitive Landscape |
10.1 Philippines Specialty Nitrile Butadiene Rubber Market Revenue Share, By Companies, 2024 |
10.2 Philippines Specialty Nitrile Butadiene Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |