| Product Code: ETC4499790 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Despite the high concentration of top exporting countries such as China, Japan, and the USA, the Philippines experienced a decline in carbon fiber and carbon fiber reinforced plastic imports in 2024. The negative compound annual growth rate (CAGR) from 2020 to 2024 and a significant drop in the growth rate from 2023 to 2024 indicate a challenging market environment. It will be important for industry players to closely monitor these trends and potentially explore strategies to stimulate demand and enhance market competitiveness in the coming years.

The Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) Market is an integral part of the advanced materials industry. Carbon fiber and CFRP offer exceptional strength-to-weight ratios, making them essential materials in industries like au
The Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market is primarily driven by the growing demand for lightweight and high-strength materials in various industries. The automotive and aerospace sectors, in particular, are increasing
The Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market faces various obstacles. One of the significant challenges is the high production cost of carbon fiber and CFRP materials. The technology required for manufacturing these mater
The pandemic may have caused fluctuations in demand for carbon fiber and composites. Industries heavily reliant on aerospace and automotive sectors may have seen reduced demand due to production slowdowns. However, carbon fiber`s use in sectors like wind
Key players like CarbonTech Philippines have made significant strides in the carbon fiber and carbon fiber-reinforced plastic market. Their advanced materials have been crucial for applications in automotive, aerospace, and sports equipment, providing lig
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 Carbon Fiber and Carbon Fiber Reinforced Plastic Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Industry Life Cycle |
3.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Porter's Five Forces |
3.5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Precursor, 2021 & 2031F |
3.7 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.8 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.9 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as automotive, aerospace, and construction. |
4.2.2 Growing focus on sustainable and eco-friendly materials to reduce carbon footprint. |
4.2.3 Technological advancements leading to improved manufacturing processes and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up carbon fiber production facilities. |
4.3.2 Limited awareness and understanding of the benefits of carbon fiber and carbon fiber reinforced plastics among end-users. |
4.3.3 Challenges related to recycling and disposal of carbon fiber materials. |
5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Trends |
6 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Types |
6.1 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Virgin, 2021-2031F |
6.1.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Recycled, 2021-2031F |
6.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Precursor |
6.2.1 Overview and Analysis |
6.2.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By PAN, 2021-2031F |
6.2.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pitch, 2021-2031F |
6.2.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Rayon, 2021-2031F |
6.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Resin |
6.3.1 Overview and Analysis |
6.3.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.7 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Lay-up, 2021-2031F |
6.5.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.5.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.5.5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.5.6 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.5.7 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pultrusion, 2021-2031F |
7 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Import-Export Trade Statistics |
7.1 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Export to Major Countries |
7.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Imports from Major Countries |
8 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Key Performance Indicators |
8.1 Adoption rate of carbon fiber materials in key industries. |
8.2 Number of research and development projects focused on enhancing carbon fiber properties and reducing production costs. |
8.3 Percentage increase in the use of carbon fiber reinforced plastics in manufacturing processes. |
8.4 Carbon fiber waste management efficiency improvements. |
8.5 Number of partnerships and collaborations between companies to promote the use of carbon fiber materials. |
9 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment |
9.1 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Precursor, 2021 & 2031F |
9.3 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.4 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.5 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Competitive Landscape |
10.1 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenue Share, By Companies, 2024 |
10.2 Philippines Carbon Fiber and Carbon Fiber Reinforced Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |