Product Code: ETC8853808 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Ultraviolet light absorbers are crucial in the Philippines for protecting plastics, coatings, and cosmetics from UV degradation. The market is supported by increasing demand from outdoor applications and personal care products, where stability and longevity are essential in the countrys high UV exposure climate.
The ultraviolet light absorber market is growing as manufacturers in the Philippines seek to protect plastics, coatings, and textiles from photodegradation. Applications in automotive components, agricultural films, and consumer packaging are driving demand. Growth is steady but challenged by fluctuating raw material prices and low local production capabilities.
The ultraviolet light absorber market is limited by the low level of industrial processing in the Philippines that would require UV protection. The high cost of specialty chemicals and insufficient knowledge about long-term UV degradation also dampen demand. Additionally, local regulations on UV stabilization are not rigorously enforced.
This market benefits from demand in plastics, automotive coatings, and construction materials. Investors can find success in importing additives, setting up localized blending facilities, and working with downstream users to customize formulations.
Ultraviolet light absorbers, used in coatings and plastics, are governed by chemical importation and environmental rules. Local production is supported through the governments push for advanced polymer additives, and companies may apply for investment incentives for raw material processing through BOI accreditation.
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 Ultraviolet Light Absorber Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Ultraviolet Light Absorber Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Ultraviolet Light Absorber Market - Industry Life Cycle |
3.4 Philippines Ultraviolet Light Absorber Market - Porter's Five Forces |
3.5 Philippines Ultraviolet Light Absorber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Ultraviolet Light Absorber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Ultraviolet Light Absorber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the harmful effects of UV radiation on skin and health |
4.2.2 Growing demand for UV absorbers in industries such as cosmetics, pharmaceuticals, and plastics |
4.2.3 Stringent regulations regarding the use of UV absorbers in consumer products |
4.3 Market Restraints |
4.3.1 High cost associated with UV absorbers compared to conventional alternatives |
4.3.2 Limited technological advancements leading to efficiency and performance issues |
4.3.3 Environmental concerns related to the disposal and impact of UV absorbers on ecosystems |
5 Philippines Ultraviolet Light Absorber Market Trends |
6 Philippines Ultraviolet Light Absorber Market, By Types |
6.1 Philippines Ultraviolet Light Absorber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Benzophenone, 2021- 2031F |
6.1.4 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Benzotriazole, 2021- 2031F |
6.1.5 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Triazine, 2021- 2031F |
6.1.6 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Ultraviolet Light Absorber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Plastics, 2021- 2031F |
6.2.3 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Coatings, 2021- 2031F |
6.2.4 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.5 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.6 Philippines Ultraviolet Light Absorber Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Ultraviolet Light Absorber Market Import-Export Trade Statistics |
7.1 Philippines Ultraviolet Light Absorber Market Export to Major Countries |
7.2 Philippines Ultraviolet Light Absorber Market Imports from Major Countries |
8 Philippines Ultraviolet Light Absorber Market Key Performance Indicators |
8.1 Research and development investments in UV absorber technology |
8.2 Adoption rate of UV absorbers in new product formulations |
8.3 Regulatory compliance rate for UV absorber usage in consumer products |
9 Philippines Ultraviolet Light Absorber Market - Opportunity Assessment |
9.1 Philippines Ultraviolet Light Absorber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Ultraviolet Light Absorber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Ultraviolet Light Absorber Market - Competitive Landscape |
10.1 Philippines Ultraviolet Light Absorber Market Revenue Share, By Companies, 2024 |
10.2 Philippines Ultraviolet Light Absorber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |