| Product Code: ETC8854537 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a notable shift in water-based adhesive import sources in 2024, with Japan, South Korea, China, USA, and Malaysia dominating the market. The market concentration, as measured by the HHI, decreased from very high in 2023 to a more moderate level in 2024, indicating a more diversified import landscape. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained robust at 6.82%, reflecting sustained interest and demand for water-based adhesives 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 Water Based Adhesive Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Water Based Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Water Based Adhesive Market - Industry Life Cycle |
3.4 Philippines Water Based Adhesive Market - Porter's Five Forces |
3.5 Philippines Water Based Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Water Based Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Water Based Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable adhesive solutions |
4.2.2 Growth in the packaging industry driving the demand for water-based adhesives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative adhesive technologies like solvent-based adhesives |
5 Philippines Water Based Adhesive Market Trends |
6 Philippines Water Based Adhesive Market, By Types |
6.1 Philippines Water Based Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Water Based Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Water Based Adhesive Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Philippines Water Based Adhesive Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Philippines Water Based Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Water Based Adhesive Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Philippines Water Based Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Philippines Water Based Adhesive Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Philippines Water Based Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Philippines Water Based Adhesive Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.7 Philippines Water Based Adhesive Market Revenues & Volume, By Other, 2021- 2031F |
7 Philippines Water Based Adhesive Market Import-Export Trade Statistics |
7.1 Philippines Water Based Adhesive Market Export to Major Countries |
7.2 Philippines Water Based Adhesive Market Imports from Major Countries |
8 Philippines Water Based Adhesive Market Key Performance Indicators |
8.1 Percentage of market share held by water-based adhesives in the Philippines |
8.2 Adoption rate of water-based adhesives by key industries |
8.3 Number of new product innovations in the water-based adhesive market in the Philippines |
9 Philippines Water Based Adhesive Market - Opportunity Assessment |
9.1 Philippines Water Based Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Water Based Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Water Based Adhesive Market - Competitive Landscape |
10.1 Philippines Water Based Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Philippines Water 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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