Top Companies in Philippines Plastics Market
This report lists the top Philippines Plastics companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Philippines Plastics industry.
-
JG Summit Petrochemicals Group
-
Chemrez Technologies
-
Petron Corporation
-
NPC Alliance Corporation
-
Philippine Resins Industries Inc.
*Disclaimer: Top companies sorted in no particular order
Philippines Plastics Market Concentration
Philippines Plastics Company List
-
1. INTRODUCTION
-
1.1 Study Assumptions
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Drivers
-
4.1.1 Growing Demand from End-user Industries
-
4.1.2 Other Drivers
-
-
4.2 Restraints
-
4.2.1 Over-reliance on Imports of Raw Materials and Finished Plastics
-
-
4.3 Industry Value Chain Analysis
-
4.4 Porter's Five Forces Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Buyers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products and Services
-
4.4.5 Degree of Competition
-
-
-
5. MARKET SEGMENTATION (Market Size in Value)
-
5.1 Type
-
5.1.1 Traditional Plastics
-
5.1.2 Engineering Plastics
-
5.1.3 Bioplastics
-
-
5.2 Technology
-
5.2.1 Blow Molding
-
5.2.2 Extrusion
-
5.2.3 Injection Molding
-
5.2.4 Other Technologies
-
-
5.3 Application
-
5.3.1 Packaging
-
5.3.2 Electrical and Electronics
-
5.3.3 Building and Construction
-
5.3.4 Automotive and Transportation
-
5.3.5 Furniture and Bedding
-
5.3.6 Other Applications
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
-
6.2 Market Share (%)**/Ranking Analysis
-
6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
-
6.4.1 Chemrez Technologies Inc.
-
6.4.2 Dupont
-
6.4.3 JG Summit Petrochemicals Group
-
6.4.4 LyondellBasell Industries Holdings BV
-
6.4.5 Nan Ya Plastics Corporation (Formosa Plastics Corporation)
-
6.4.6 NPC Alliance Corporation
-
6.4.7 Philippine Polypropylene Inc. (Petron)
-
6.4.8 Philippine Resins Industries Inc. (Tosoh Corporation)
-
6.4.9 SGS Philippines Inc.
-
6.4.10 Sumitomo Chemical Co. Ltd
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
-
7.1 Innovative Applications/Products
-
7.2 Other Opportunities
-
Specific to Philippines Plastics Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Philippines Plastics Market Companies Summary
The Philippine plastics market, though affected by the COVID-19 pandemic, saw significant growth in the packaging industry due to the rise in e-commerce and smart packaging. This growth was particularly noticeable in the food and healthcare sectors. Various end-user industries, such as automotive, transportation, construction, consumer goods, and electronics, experienced a temporary shutdown due to lockdowns and trade issues, impacting the consumption of plastics. Despite the challenges, the Philippine plastics market saw growth driven by demand from end-user industries such as packaging, electrical and electronics, and construction. However, the market's growth was restrained by over-reliance on imports of raw materials and finished plastics. Nevertheless, the introduction of innovative applications/products is expected to create lucrative growth opportunities. Technologies like injection molding, which is beneficial for bulk production, are expected to dominate the market. The packaging industry remains the largest application segment in the Philippine plastics market, with materials like Polyethylene terephthalate (PET) being widely used. Demand for packaged and processed foods and soft drinks in portable and convenient formats is driving the use of rigid plastic containers, contributing to the increasing demand for plastics in the region.
Explore MorePhilippines Plastics Companies - Table of Contents
-
1. COMPETITIVE LANDSCAPE
-
1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
-
1.2 Market Share (%)**/Ranking Analysis
-
1.3 Strategies Adopted by Leading Players
-
1.4 Company Profiles
-
1.4.1 Chemrez Technologies Inc.
-
1.4.2 Dupont
-
1.4.3 JG Summit Petrochemicals Group
-
1.4.4 LyondellBasell Industries Holdings BV
-
1.4.5 Nan Ya Plastics Corporation (Formosa Plastics Corporation)
-
1.4.6 NPC Alliance Corporation
-
1.4.7 Philippine Polypropylene Inc. (Petron)
-
1.4.8 Philippine Resins Industries Inc. (Tosoh Corporation)
-
1.4.9 SGS Philippines Inc.
-
1.4.10 Sumitomo Chemical Co. Ltd
-
- *List Not Exhaustive
-
Philippines Plastics Companies FAQs
Who are the key players in Philippines Plastics Market?
JG Summit Petrochemicals Group, Chemrez Technologies, Petron Corporation, NPC Alliance Corporation and Philippine Resins Industries Inc. are the major companies operating in the Philippines Plastics Market.