Philippines Terephthalic Acid Market (2025-2031) Outlook | Growth, Size, Share, Value, Forecast, Companies, Analysis, Industry, Revenue & Trends
Market Forecast By Types (Amoco Process, Cooxidation, Multistage Oxidation, Henkel Process), By Applications (Cyclohexanedimethanol Production, Plasticisers, Liquid Crystal Polymers, Textiles, Bottling And Packaging) And Competitive Landscape
| Product Code: ETC349409 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Terephthalic Acid Market Size Growth Rate
The Philippines Terephthalic Acid Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.23% in 2028, following an initial rate of 9.46%, before easing to 12.10% at the end of the period.
Terephthalic Acid Market: Philippines vs Top 5 Major Economies in 2027 (Asia)
By 2027, Philippines's Terephthalic Acid market is forecasted to achieve a high growth rate of 13.43%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
philippines terephthalic acid market Synopsis
The terephthalic acid market in the Philippines experienced positive growth over the coming years according to Trading Economics Data report estimates reaching USD 24 Million in 2025 from 15 Million dollars three years ago. This represents 16 percent compound annual rise during period under review while imports stood at 5 million dollars which was higher than domestic production valued at 4 million US Dollars last year. Major sources among importing countries were South Korea, USA, Singapore and Japan contributing approximately 86percent of overall significance.
Drivers of the Market
Terephthalic acid is a key component in the production of plastics, particularly polyester. The market could be influenced by packaging industry growth, demand for synthetic fibers, and sustainability initiatives promoting recycling.
Challenges of the Market
Terephthalic acid is a key component in the production of plastics. The challenge might be addressing the environmental impact of plastic waste and finding sustainable alternatives to traditional plastics.
COVID-19 Impact on the Market
Terephthalic acid is a key component in the production of polyester. The pandemic might have impacted the terephthalic acid market through disruptions in manufacturing and supply chain activities. Reduced consumer spending on textiles and clothing could have also affected demand for polyester products, indirectly influencing the terephthalic acid market.
Key Players in the Market
Terephthalic acid is a key component in the production of polyester fibers and plastics. In this market, major players might include chemical companies like San Miguel Corporation and Thai Petrochemical Industry (TPI), which could be involved in manufacturing and distributing terephthalic acid.
Key Highlights of the Report:
- Philippines Terephthalic Acid Market Outlook
- Market Size of Philippines Terephthalic Acid Market, 2024
- Forecast of Philippines Terephthalic Acid Market, 2031
- Historical Data and Forecast of Philippines Terephthalic Acid Revenues & Volume for the Period 2021-2031
- Philippines Terephthalic Acid Market Trend Evolution
- Philippines Terephthalic Acid Market Drivers and Challenges
- Philippines Terephthalic Acid Price Trends
- Philippines Terephthalic Acid Porter's Five Forces
- Philippines Terephthalic Acid Industry Life Cycle
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Types for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Amoco Process for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Cooxidation for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Multistage Oxidation for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Henkel Process for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Cyclohexanedimethanol Production for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Plasticisers for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Liquid Crystal Polymers for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Textiles for the Period 2021-2031
- Historical Data and Forecast of Philippines Terephthalic Acid Market Revenues & Volume By Bottling And Packaging for the Period 2021-2031
- Philippines Terephthalic Acid Import Export Trade Statistics
- Market Opportunity Assessment By Types
- Market Opportunity Assessment By Applications
- Philippines Terephthalic Acid Top Companies Market Share
- Philippines Terephthalic Acid Competitive Benchmarking By Technical and Operational Parameters
- Philippines Terephthalic Acid Company Profiles
- Philippines Terephthalic Acid Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Terephthalic Acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Terephthalic Acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Terephthalic Acid Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Terephthalic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Terephthalic Acid Market - Industry Life Cycle |
3.4 Philippines Terephthalic Acid Market - Porter's Five Forces |
3.5 Philippines Terephthalic Acid Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Terephthalic Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Terephthalic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the textile industry, as terephthalic acid is a key raw material for polyester production. |
4.2.2 Increasing demand for packaging materials, such as PET bottles, which use terephthalic acid. |
4.2.3 Government initiatives promoting the use of eco-friendly materials, leading to a shift towards bio-based terephthalic acid. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as paraxylene, impacting the cost of terephthalic acid production. |
4.3.2 Competition from alternative materials, like bio-based polymers, affecting the market demand for terephthalic acid. |
5 Philippines Terephthalic Acid Market Trends |
6 Philippines Terephthalic Acid Market, By Types |
6.1 Philippines Terephthalic Acid Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Terephthalic Acid Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Terephthalic Acid Market Revenues & Volume, By Amoco Process, 2021-2031F |
6.1.4 Philippines Terephthalic Acid Market Revenues & Volume, By Cooxidation, 2021-2031F |
6.1.5 Philippines Terephthalic Acid Market Revenues & Volume, By Multistage Oxidation, 2021-2031F |
6.1.6 Philippines Terephthalic Acid Market Revenues & Volume, By Henkel Process, 2021-2031F |
6.2 Philippines Terephthalic Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Terephthalic Acid Market Revenues & Volume, By Cyclohexanedimethanol Production, 2021-2031F |
6.2.3 Philippines Terephthalic Acid Market Revenues & Volume, By Plasticisers, 2021-2031F |
6.2.4 Philippines Terephthalic Acid Market Revenues & Volume, By Liquid Crystal Polymers, 2021-2031F |
6.2.5 Philippines Terephthalic Acid Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Philippines Terephthalic Acid Market Revenues & Volume, By Bottling And Packaging, 2021-2031F |
7 Philippines Terephthalic Acid Market Import-Export Trade Statistics |
7.1 Philippines Terephthalic Acid Market Export to Major Countries |
7.2 Philippines Terephthalic Acid Market Imports from Major Countries |
8 Philippines Terephthalic Acid Market Key Performance Indicators |
8.1 Research and development investments in bio-based terephthalic acid technologies. |
8.2 Adoption rate of eco-friendly packaging solutions in the Philippines. |
8.3 Regulatory approvals and support for the production and use of bio-based terephthalic acid in the market. |
9 Philippines Terephthalic Acid Market - Opportunity Assessment |
9.1 Philippines Terephthalic Acid Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Terephthalic Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Terephthalic Acid Market - Competitive Landscape |
10.1 Philippines Terephthalic Acid Market Revenue Share, By Companies, 2024 |
10.2 Philippines Terephthalic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Related Reports
- Australia IT Asset Disposal Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- UAE Building Thermal Insulation Market Outlook (2025-2031) | Revenue, Companies, Share, Trends, Growth, Size, Forecast, Industry, Analysis & Value
- Portugal Electronic Document Management Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- France Electronic Document Management Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Portugal Occupational Health & Safety Services Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Netherlands Occupational Health and Safety Services Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Belgium and Luxembourg Facility Management Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Russia Women Intimate Apparel Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Africa Chocolate Market (2025-2031) | Size, Share, Trends, Growth, Revenue, Analysis, Forecast, industry & Outlook
- Global Hydroxychloroquine And Chloroquine Market (2025-2031) | Industry, Trends, Size, Outlook, Growth, Value, Companies, Revenue, Analysis, Share, Forecast
Industry Events and Analyst Meet
Industrial Facilities Management Expo 2025
4th Edition India Energy Conclave 2025
Media Expo 2025
Gas India Expo 2025
Consumer Electronics World Expo 2025
Our Clients
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- Demand for luxury TVs surging in the GCC, says Samsung
- Video call with a traditional healer? Once unthinkable, it’s now common in South Africa
- Intelligent Buildings To Smooth GCC’s Path To Net Zero
