Philippines Petroleum Industry Valuation to Reach Sky High US$ 21.54 Billion By 2032 | Pharma and Cosmetics Products Demand Ignites Fastest Growth Says Astute Analytica – GlobeNewswire

The petroleum industry in the Philippines is expected to see a significant increase in valuation, reaching a staggering US$21.54 billion by the year 2032. This growth is driven in part by the increasing demand for pharmaceutical and cosmetics products, which is fueling the fastest growth in the industry. According to Astute Analytica, a leading research and analytics firm, this surge in demand is propelling the industry to new heights. The future looks bright for the petroleum sector in the Philippines, with a promising outlook for continued growth and success.