| Product Code: ETC8842206 | 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 Philippines` market for glass fiber reinforced plastics (GFRP) is witnessing significant growth as industries seek alternatives to traditional materials like metal and wood. GFRP provides high mechanical strength, corrosion resistance, and lightweight properties, making it a preferred choice in marine, transportation, and construction sectors. Increasing demand for durable and energy-efficient materials in infrastructure projects is a key driver of market growth. However, concerns regarding the recyclability and disposal of GFRP waste may hinder market expansion.
The growing demand for high-performance and lightweight materials in industries such as transportation, construction, and marine is fueling the market for glass fiber-reinforced plastics in the Philippines. The increasing emphasis on energy efficiency, coupled with advancements in composite manufacturing, is supporting market growth. Government policies encouraging sustainable and durable materials are also driving the adoption of glass fiber-reinforced plastics. Additionally, the rising investments in renewable energy projects, such as wind energy, are boosting the use of these materials in turbine blades and structural components.
The glass fiber reinforced polymers (GFRP) market in the Philippines faces slow adoption due to a lack of awareness about its benefits compared to conventional materials. High initial costs of GFRP products discourage investment from industries like construction and automotive. Additionally, limited local production increases dependency on imports, making products expensive. Recycling and disposal challenges associated with GFRP also raise environmental concerns.
The rapid industrialization and infrastructural development in the Philippines are creating demand for high-performance composite materials. Investment opportunities exist in manufacturing fiberglass components for bridges, pipelines, and structural reinforcements. Expanding production capabilities and improving material innovation can enhance market competitiveness.
Regulations on the use of glass fiber-reinforced plastics (GFRP) in the Philippines focus on structural integrity and environmental compliance. The DTI collaborates with industry players to develop policies that promote the sustainable use of composite materials. Import and production guidelines are in place to ensure quality control and adherence to international safety 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-reinforced Plastics Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Glass Fiber-reinforced Plastics Market - Industry Life Cycle |
3.4 Philippines Glass Fiber-reinforced Plastics Market - Porter's Five Forces |
3.5 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Glass Fiber-reinforced Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Glass Fiber-reinforced Plastics Market Trends |
6 Philippines Glass Fiber-reinforced Plastics Market, By Types |
6.1 Philippines Glass Fiber-reinforced Plastics Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.7 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Thermoplastic, 2021- 2031F |
6.1.8 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Glass Fiber-reinforced Plastics Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.3 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Transporation, 2021- 2031F |
6.2.5 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pipes & Tanks, 2021- 2031F |
6.2.6 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Construction & Infrastructure, 2021- 2031F |
6.2.7 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.8 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.2.9 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Philippines Glass Fiber-reinforced Plastics Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Compression & Injection Molding Process, 2021- 2031F |
6.3.3 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Layup, 2021- 2031F |
6.3.4 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Filament Winding, 2021- 2031F |
6.3.5 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pultrusion, 2021- 2031F |
6.3.6 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Transfer Molding (RTM), 2021- 2031F |
6.3.7 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Philippines Glass Fiber-reinforced Plastics Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rebar, 2021- 2031F |
6.4.3 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Powder, 2021- 2031F |
6.4.4 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Sheet, 2021- 2031F |
6.4.5 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Panel, 2021- 2031F |
6.4.6 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rolls, 2021- 2031F |
6.4.7 Philippines Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Glass Fiber-reinforced Plastics Market Import-Export Trade Statistics |
7.1 Philippines Glass Fiber-reinforced Plastics Market Export to Major Countries |
7.2 Philippines Glass Fiber-reinforced Plastics Market Imports from Major Countries |
8 Philippines Glass Fiber-reinforced Plastics Market Key Performance Indicators |
9 Philippines Glass Fiber-reinforced Plastics Market - Opportunity Assessment |
9.1 Philippines Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Glass Fiber-reinforced Plastics Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Philippines Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Philippines Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Glass Fiber-reinforced Plastics Market - Competitive Landscape |
10.1 Philippines Glass Fiber-reinforced Plastics Market Revenue Share, By Companies, 2024 |
10.2 Philippines Glass Fiber-reinforced Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |