Product Code: ETC8842203 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The glass fiber and glass fiber-reinforced plastic (GFRP) composites market in the Philippines is expanding due to the increasing use of lightweight, high-strength materials in construction, automotive, and aerospace industries. These composites offer excellent durability, corrosion resistance, and design flexibility, making them ideal for infrastructure projects and industrial applications. Government investments in infrastructure development and a growing manufacturing sector are fueling demand. However, high production costs and the need for specialized processing techniques may pose challenges to widespread adoption.
The increasing adoption of lightweight and durable materials across industries such as automotive, aerospace, and construction is driving demand for glass fiber and glass fiber-reinforced plastic (GFRP) composites in the Philippines. The rising focus on fuel efficiency in vehicles and corrosion-resistant materials in construction is boosting the use of these composites. Additionally, government initiatives promoting infrastructure development and sustainable materials are contributing to market expansion. Advancements in composite technology are further enhancing the strength and versatility of glass fiber materials, making them a preferred choice in various applications.
The glass fiber and GFRP composites market in the Philippines is affected by the high cost of raw materials and production. Import dependency on quality glass fibers increases costs and limits accessibility. Additionally, the adoption of GFRP composites is slow due to the lack of awareness and technical expertise among industries. Environmental concerns over the disposal and recycling of fiber-reinforced plastics also create regulatory challenges.
The growing use of glass fiber-reinforced polymer (GFRP) composites in construction, automotive, and aerospace industries is fueling market expansion. Investors can focus on local production, research into high-strength composite materials, and collaborations with industry players to develop cost-effective and durable solutions.
The Department of Science and Technology (DOST) supports research and development in glass fiber and glass fiber-reinforced polymer (GFRP) composites for use in construction, automotive, and aerospace industries. Policies encourage local production and the use of sustainable raw materials. Regulations ensure that composite materials meet industry safety and performance standards.
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 Glass Fiber And GFRP Composites Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Glass Fiber And GFRP Composites Market - Industry Life Cycle |
3.4 Philippines Glass Fiber And GFRP Composites Market - Porter's Five Forces |
3.5 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Philippines Glass Fiber And GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Glass Fiber And GFRP Composites Market Trends |
6 Philippines Glass Fiber And GFRP Composites Market, By Types |
6.1 Philippines Glass Fiber And GFRP Composites Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Continuous Fiber, 2021- 2031F |
6.1.4 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Chopped Fiber, 2021- 2031F |
6.1.5 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Glass Fiber And GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Polyester, 2021- 2031F |
6.2.3 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.2.4 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.2.5 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.2.6 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Glass Fiber And GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Hand Layup, 2021- 2031F |
6.3.3 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Spray Up, 2021- 2031F |
6.3.4 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Resin Transfer Molding (RTM), 2021- 2031F |
6.3.5 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Pultrusion, 2021- 2031F |
6.3.6 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Glass Fiber And GFRP Composites Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.3 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.4.4 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Construction, 2021- 2031F |
6.4.5 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Renewable Energy, 2021- 2031F |
6.4.7 Philippines Glass Fiber And GFRP Composites Market Revenues & Volume, By Electronics, 2021- 2031F |
7 Philippines Glass Fiber And GFRP Composites Market Import-Export Trade Statistics |
7.1 Philippines Glass Fiber And GFRP Composites Market Export to Major Countries |
7.2 Philippines Glass Fiber And GFRP Composites Market Imports from Major Countries |
8 Philippines Glass Fiber And GFRP Composites Market Key Performance Indicators |
9 Philippines Glass Fiber And GFRP Composites Market - Opportunity Assessment |
9.1 Philippines Glass Fiber And GFRP Composites Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Glass Fiber And GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Philippines Glass Fiber And GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Philippines Glass Fiber And GFRP Composites Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Philippines Glass Fiber And GFRP Composites Market - Competitive Landscape |
10.1 Philippines Glass Fiber And GFRP Composites Market Revenue Share, By Companies, 2024 |
10.2 Philippines Glass Fiber And GFRP Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |