| Product Code: ETC8853201 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Philippines saw a shift in textile binders import sources, with Japan, South Korea, China, USA, and Malaysia leading the pack. The market exhibited a notable decrease in concentration levels from 2023 to 2024, signaling increased diversification. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 6.82%, reflecting a steady expansion in the market over the years. This dynamic landscape indicates opportunities for market players to explore new partnerships and capitalize on evolving trade patterns.

Textile binders are essential in pigment printing and fabric finishing. The demand for eco-friendly binders is rising as the industry shifts toward sustainable textile production.
The rising demand for printed and coated textiles has propelled the need for high-quality textile binders in the Philippines. These binders play a crucial role in enhancing fabric durability, improving adhesion, and ensuring long-lasting colorfastness. The expansion of the textile printing industry, driven by digital printing technologies and increasing customization trends, is further fueling the demand for binders. Additionally, the shift toward water-based and eco-friendly binder formulations, in compliance with global sustainability standards, is shaping market dynamics and encouraging the adoption of innovative textile binder solutions.
The textile binders market is challenged by the need for high-performance, non-toxic, and eco-friendly formulations. Traditional binders that contain volatile organic compounds (VOCs) are being phased out, requiring significant research and development investments. Additionally, inconsistent raw material availability impacts production costs and product quality.
Textile binders play a crucial role in pigment printing and coating applications. Investors can develop high-quality binders that improve fabric performance and durability. Focusing on sustainable, water-based binders and collaborating with printing and dyeing companies can create long-term business opportunities.
Textile binders used in fabric finishing processes must comply with DENR safety regulations. The government encourages the use of environmentally friendly binders and supports research into sustainable alternatives through grants and investment programs.
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 Textile Binders Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Textile Binders Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Textile Binders Market - Industry Life Cycle |
3.4 Philippines Textile Binders Market - Porter's Five Forces |
3.5 Philippines Textile Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Textile Binders Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Textile Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly textile binders |
4.2.2 Increasing adoption of textile binders in the garment industry |
4.2.3 Technological advancements leading to improved performance of textile binders |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from substitute products in the market |
5 Philippines Textile Binders Market Trends |
6 Philippines Textile Binders Market, By Types |
6.1 Philippines Textile Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Textile Binders Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Textile Binders Market Revenues & Volume, By Acrylic Copolymer, 2021- 2031F |
6.1.4 Philippines Textile Binders Market Revenues & Volume, By Polyvinyl Acetate, 2021- 2031F |
6.1.5 Philippines Textile Binders Market Revenues & Volume, By Vinyl-Acrylate/Acrylic, 2021- 2031F |
6.1.6 Philippines Textile Binders Market Revenues & Volume, By Styrene-Acrylate, 2021- 2031F |
6.2 Philippines Textile Binders Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Textile Binders Market Revenues & Volume, By Fabric Coating & Printing, 2021- 2031F |
6.2.3 Philippines Textile Binders Market Revenues & Volume, By Flocking, 2021- 2031F |
6.2.4 Philippines Textile Binders Market Revenues & Volume, By Discharge Printing, 2021- 2031F |
6.2.5 Philippines Textile Binders Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Textile Binders Market Import-Export Trade Statistics |
7.1 Philippines Textile Binders Market Export to Major Countries |
7.2 Philippines Textile Binders Market Imports from Major Countries |
8 Philippines Textile Binders Market Key Performance Indicators |
8.1 Research and development investment in innovative textile binder solutions |
8.2 Number of partnerships with textile manufacturers for product development |
8.3 Percentage of sales from new product launches |
8.4 Efficiency of supply chain management in sourcing raw materials |
9 Philippines Textile Binders Market - Opportunity Assessment |
9.1 Philippines Textile Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Textile Binders Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Textile Binders Market - Competitive Landscape |
10.1 Philippines Textile Binders Market Revenue Share, By Companies, 2024 |
10.2 Philippines Textile Binders 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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