Product Code: ETC130976 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Polyamide market currently, in 2023, has witnessed an HHI of 1462, Which has increased slightly as compared to the HHI of 1362 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Philippines polyamide market was estimated to register growth during the forecast period. Increasing demand from end-use industries such as automotive, consumer goods, textiles & apparel are driving the growth for polyamide industry in the country. The increasing use of polyamide resins due to their superior properties including strength, flexibility and heat resistance among others will continue to boost its utilization across various applications. Additionally, rising investments in R&D activities have enabled manufacturers to introduce new products which has further strengthened the market position of polyamides in Philippines
There is an increased demand for lightweight components such as airbags and seatbelts made using nylon 6/6 or nylon 66 yarns among other materials due to stringent safety regulations pertaining to automobiles. This has resulted into higher consumption levels of nylon 6/6 or nylon 66 yarns thereby pushing up sales for PA resins used in production processes. Further, the companies worldwide are focusing on development & innovation processes that help reduce environmental impact caused by plastic waste generated through manufacturing processes which have driven them towards biobased nylons. This shift has created opportunities for companies involved in producing bio-based PA grades with improved performance along with sustainable solutions that can meet customer requirements without compromising environment standards set by governments across different countries globally.
Rising disposable incomes coupled with improving lifestyle trends are resulting into higher consumption levels of plastics across different sectors including packaging and automotive industries thus driving growth prospects for PA resins utilized majorly within these two segments over long term basis globally as well as within Philippines itself. Further, superior Properties Offered By Polyamides Resulting Into Their Increased Utilization Across Different Segments ???Polyamides offer superior properties compared traditional fabrics used commonly across various application areas such as wearables and automobile sector thus assisting players involved within this industry gain competitive edge over their counterparts operating under other categories worldwide.
Variations experienced amongst raw material prices on regular basis have generated difficulties associated with budget setting process followed by large scale producers while planning
Philippines Polyamide |
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 Polyamide Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polyamide Market Revenues & Volume, 2020 & 2027F |
3.3 Philippines Polyamide Market - Industry Life Cycle |
3.4 Philippines Polyamide Market - Porter's Five Forces |
3.5 Philippines Polyamide Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Philippines Polyamide Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Philippines Polyamide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Polyamide Market Trends |
6 Philippines Polyamide Market, By Types |
6.1 Philippines Polyamide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polyamide Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Philippines Polyamide Market Revenues & Volume, By PA 6, 2018 - 2027F |
6.1.4 Philippines Polyamide Market Revenues & Volume, By PA 66, 2018 - 2027F |
6.1.5 Philippines Polyamide Market Revenues & Volume, By Bio-based & Specialty Polyamides, 2018 - 2027F |
6.2 Philippines Polyamide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polyamide Market Revenues & Volume, By Engineering Plastics, 2018 - 2027F |
6.2.3 Philippines Polyamide Market Revenues & Volume, By Fiber, 2018 - 2027F |
7 Philippines Polyamide Market Import-Export Trade Statistics |
7.1 Philippines Polyamide Market Export to Major Countries |
7.2 Philippines Polyamide Market Imports from Major Countries |
8 Philippines Polyamide Market Key Performance Indicators |
9 Philippines Polyamide Market - Opportunity Assessment |
9.1 Philippines Polyamide Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Philippines Polyamide Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Philippines Polyamide Market - Competitive Landscape |
10.1 Philippines Polyamide Market Revenue Share, By Companies, 2020 |
10.2 Philippines Polyamide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |