| Product Code: ETC335069 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` n-propanol import market continued to be dominated by key players such as China, Japan, South Korea, Taiwan, Province of China, and the USA in 2024. The industry witnessed a significant increase in market concentration, with the Herfindahl-Hirschman Index (HHI) reaching very high levels. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with a growth rate of 23.66%. This suggests a dynamic and competitive market landscape, highlighting the strategic importance of these top exporting countries in meeting the Philippines` n-propanol demand.

The N-propanol market in Philippines is projected to grow at a high growth rate of 10.13% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The Philippines N Propanol market has flourished with a CAGR of 5.1%, reflecting the increasing applications of this chemical compound in various industries. N Propanol is used as a solvent, disinfectant, and chemical intermediate. The market`s growth is attributed to factors such as industrialization, manufacturing activities, and the expanding pharmaceutical sector.
The Philippines N Propanol Market is driven by a multitude of factors. The industrial sector`s increasing demand for solvents and chemicals, coupled with the growth of the pharmaceutical and cosmetics industries, has fueled the demand for propanol. Additionally, propanol`s use as a cleaning agent and in the manufacture of printing inks and coatings has further contributed to its market growth. The expanding automotive and electronics sectors have also spurred the demand for propanol in manufacturing processes. Moreover, the trend towards sustainable and eco-friendly products has led to a rising preference for bio-based propanol, stimulating innovation in the market.
The Philippines N Propanol Market may encounter challenges in terms of supply chain disruptions and price fluctuations of feedstock. Maintaining a stable supply while managing production costs is crucial for market stability.
The Philippines N propanol market has faced challenges due to the COVID-19 pandemic. With reduced industrial and commercial activities, the demand for N propanol has decreased. The restrictions on transportation and logistics have also impacted the supply of the product. As economic conditions improve, the market is expected to gradually recover.
Key Players in the Market include Philippine Petrochemical Products Inc., Petron Corporation, Chemical Industries of the Philippines, United Coconut Chemicals Inc., Mariveles Chemicals Inc.
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 N-propanol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines N-propanol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines N-propanol Market - Industry Life Cycle |
3.4 Philippines N-propanol Market - Porter's Five Forces |
3.5 Philippines N-propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines N-propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines N-propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for n-propanol in the pharmaceutical industry for manufacturing drugs and medicines. |
4.2.2 Growth in the cosmetics and personal care industry leading to higher consumption of n-propanol for manufacturing perfumes and lotions. |
4.2.3 Rising adoption of n-propanol as a solvent in various industrial applications due to its properties. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of n-propanol affecting overall production costs. |
4.3.2 Stringent regulations and compliance requirements related to the production and usage of n-propanol. |
4.3.3 Competition from alternative solvents and chemicals impacting the market demand for n-propanol. |
5 Philippines N-propanol Market Trends |
6 Philippines N-propanol Market, By Types |
6.1 Philippines N-propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines N-propanol Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines N-propanol Market Revenues & Volume, By Ethylene Hydrogenation Method, 2021-2031F |
6.1.4 Philippines N-propanol Market Revenues & Volume, By Allyl Alcohol Hydrogenation Method, 2021-2031F |
6.1.5 Philippines N-propanol Market Revenues & Volume, By Other Compounds Byproduct Method, 2021-2031F |
6.2 Philippines N-propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines N-propanol Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Philippines N-propanol Market Revenues & Volume, By Food Additive, 2021-2031F |
6.2.4 Philippines N-propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Philippines N-propanol Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.6 Philippines N-propanol Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines N-propanol Market Import-Export Trade Statistics |
7.1 Philippines N-propanol Market Export to Major Countries |
7.2 Philippines N-propanol Market Imports from Major Countries |
8 Philippines N-propanol Market Key Performance Indicators |
8.1 Production capacity utilization rate of n-propanol manufacturers. |
8.2 Number of new product developments or innovations utilizing n-propanol. |
8.3 Percentage of market share captured by n-propanol in key industries where it is used. |
9 Philippines N-propanol Market - Opportunity Assessment |
9.1 Philippines N-propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines N-propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines N-propanol Market - Competitive Landscape |
10.1 Philippines N-propanol Market Revenue Share, By Companies, 2024 |
10.2 Philippines N-propanol 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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