Philippines Glass Fiber Reinforced Plastics Composites Market (2025-2031) | Forecast, Analysis, Size & Revenue, Share, Growth, Value, Industry, Segmentation, Competitive Landscape, Companies, Trends, Outlook

Market Forecast By Resin Type (Polyester resin, Vinyl ester resin, Epoxy resin, Polyurethane resin, Others), By Process (Manual process, Continuous process, Compression molding, Injection molding), By End Use Industry (Aerospace and defense, Construction, Wind energy, Automotive, Electrical and electronics, Others) And Competitive Landscape
Product Code: ETC8842204 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

Philippines Glass Fiber Reinforced Plastics Composites Market Overview

The glass fiber reinforced plastics (GFRP) composites market in the Philippines is expanding due to the material`s lightweight, high strength, and corrosion-resistant properties. Industries such as construction, automotive, aerospace, and marine are driving demand for GFRP composites in structural applications. The increasing focus on sustainable and durable materials in infrastructure projects is further boosting market growth. Additionally, advancements in manufacturing techniques, such as automated fiber placement and resin infusion, are enhancing the efficiency and cost-effectiveness of GFRP production. The market is also benefiting from growing investments in renewable energy, particularly wind turbine components made from GFRP composites.

Drivers of the market

The growing demand for lightweight and durable materials in construction, automotive, and aerospace industries is driving the GFRP composites market in the Philippines. The increasing adoption of fiberglass-reinforced plastics in infrastructure projects, particularly in bridges, facades, and structural reinforcements, is further fueling market growth. Additionally, the emphasis on sustainability and the need for corrosion-resistant materials in marine and industrial applications are contributing to the increasing use of GFRP composites.

Challenges of the market

The glass fiber reinforced plastics (GFRP) market in the Philippines faces competition from traditional materials such as steel and aluminum, which are more familiar to industries. High production costs and limited local manufacturing facilities restrict market expansion. Additionally, resistance to adopting GFRP in construction and automotive sectors due to durability and long-term performance concerns slows down growth. Regulatory and environmental issues related to plastic-based materials also pose challenges.

Investment opportunities in the Market

The increasing demand for lightweight and corrosion-resistant materials is driving the adoption of glass fiber reinforced plastics (GFRP). Investors can explore opportunities in manufacturing GFRP components for infrastructure, marine, and automotive applications. The market’s growth is further supported by government initiatives promoting advanced materials in construction.

Government Policy of the market

The government implements strict environmental policies on the production of glass fiber-reinforced plastics (GFRP) to control emissions and ensure sustainability. The DTI supports local manufacturers by providing tax incentives for the production of high-performance composite materials. Standards for strength, durability, and fire resistance are enforced to ensure industry safety.

Key Highlights of the Report:

  • Philippines Glass Fiber Reinforced Plastics Composites Market Outlook
  • Market Size of Philippines Glass Fiber Reinforced Plastics Composites Market, 2024
  • Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market, 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Revenues & Volume for the Period 2021- 2031
  • Philippines Glass Fiber Reinforced Plastics Composites Market Trend Evolution
  • Philippines Glass Fiber Reinforced Plastics Composites Market Drivers and Challenges
  • Philippines Glass Fiber Reinforced Plastics Composites Price Trends
  • Philippines Glass Fiber Reinforced Plastics Composites Porter's Five Forces
  • Philippines Glass Fiber Reinforced Plastics Composites Industry Life Cycle
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Resin Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Polyester resin for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Vinyl ester resin for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Epoxy resin for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Polyurethane resin for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Process for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Manual process for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Continuous process for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Compression molding for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Injection molding for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By End Use Industry for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Aerospace and defense for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Construction for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Wind energy for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Automotive for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Electrical and electronics for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines Glass Fiber Reinforced Plastics Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Process
  • Market Opportunity Assessment By End Use Industry
  • Philippines Glass Fiber Reinforced Plastics Composites Top Companies Market Share
  • Philippines Glass Fiber Reinforced Plastics Composites Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Glass Fiber Reinforced Plastics Composites Company Profiles
  • Philippines Glass Fiber Reinforced Plastics Composites Key Strategic Recommendations

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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 Reinforced Plastics Composites Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Glass Fiber Reinforced Plastics Composites Market - Industry Life Cycle

3.4 Philippines Glass Fiber Reinforced Plastics Composites Market - Porter's Five Forces

3.5 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.6 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume Share, By Process, 2021 & 2031F

3.7 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 Philippines Glass Fiber Reinforced Plastics Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Glass Fiber Reinforced Plastics Composites Market Trends

6 Philippines Glass Fiber Reinforced Plastics Composites Market, By Types

6.1 Philippines Glass Fiber Reinforced Plastics Composites Market, By Resin Type

6.1.1 Overview and Analysis

6.1.2 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Resin Type, 2021- 2031F

6.1.3 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Polyester resin, 2021- 2031F

6.1.4 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Vinyl ester resin, 2021- 2031F

6.1.5 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Epoxy resin, 2021- 2031F

6.1.6 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Polyurethane resin, 2021- 2031F

6.1.7 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Others, 2021- 2031F

6.2 Philippines Glass Fiber Reinforced Plastics Composites Market, By Process

6.2.1 Overview and Analysis

6.2.2 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Manual process, 2021- 2031F

6.2.3 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Continuous process, 2021- 2031F

6.2.4 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Compression molding, 2021- 2031F

6.2.5 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Injection molding, 2021- 2031F

6.3 Philippines Glass Fiber Reinforced Plastics Composites Market, By End Use Industry

6.3.1 Overview and Analysis

6.3.2 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Aerospace and defense, 2021- 2031F

6.3.3 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Construction, 2021- 2031F

6.3.4 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Wind energy, 2021- 2031F

6.3.5 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Automotive, 2021- 2031F

6.3.6 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Electrical and electronics, 2021- 2031F

6.3.7 Philippines Glass Fiber Reinforced Plastics Composites Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Glass Fiber Reinforced Plastics Composites Market Import-Export Trade Statistics

7.1 Philippines Glass Fiber Reinforced Plastics Composites Market Export to Major Countries

7.2 Philippines Glass Fiber Reinforced Plastics Composites Market Imports from Major Countries

8 Philippines Glass Fiber Reinforced Plastics Composites Market Key Performance Indicators

9 Philippines Glass Fiber Reinforced Plastics Composites Market - Opportunity Assessment

9.1 Philippines Glass Fiber Reinforced Plastics Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.2 Philippines Glass Fiber Reinforced Plastics Composites Market Opportunity Assessment, By Process, 2021 & 2031F

9.3 Philippines Glass Fiber Reinforced Plastics Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 Philippines Glass Fiber Reinforced Plastics Composites Market - Competitive Landscape

10.1 Philippines Glass Fiber Reinforced Plastics Composites Market Revenue Share, By Companies, 2024

10.2 Philippines Glass Fiber Reinforced Plastics Composites Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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