Philippines Glass Reinforced Plastic Piping Market (2025-2031) Outlook | Analysis, Share, Trends, Size, Companies, Forecast, Value, Revenue, Growth & Industry
Market Forecast By Resin (Epoxy, Polyester, Vinyl Ester, Others), By Application (Oil & Gas, Chemicals, Wastewater Treatment, Irrigation, Water Supply, Others) And Competitive Landscape
| Product Code: ETC326549 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Glass Reinforced Plastic Piping Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The Philippines saw a significant increase in glass reinforced plastic piping imports in 2024, with top exporting countries including Japan, China, USA, South Korea, and Singapore. The market experienced a shift towards high concentration, indicating a more competitive landscape. With a strong compound annual growth rate of 13.54% from 2020 to 2024 and a notable growth rate of 14.32% from 2023 to 2024, the market for glass reinforced plastic piping in the Philippines is showing promising growth potential and attracting significant attention from key global players.
Philippines Glass Reinforced Plastic Piping Market Synopsis
Glass reinforced plastic (GRP) piping is used in various industries due to its corrosion-resistant properties. The Philippines` GRP piping market has demonstrated a CAGR of 2.3% as industries seek durable and reliable piping solutions.
Drivers of the Market
Factors driving the demand for glass-reinforced plastic piping include its corrosion resistance, lightweight nature, and applications in industries like water and wastewater, chemicals, and oil. Infrastructure projects and the need for durable, long-lasting piping systems also contribute to market growth.
Challenges of the Market
The Philippines Glass Reinforced Plastic Piping Market faces challenges related to material selection and long-term performance. While GRP pipes offer corrosion resistance, selecting the appropriate resin and ensuring installation quality are critical to prevent premature failures.
COVID-19 Impact on the Market
The COVID-19 pandemic has impacted the construction and infrastructure sectors, affecting the demand for glass-reinforced plastic piping in the Philippines.
Key Players in the Market
Key players in the Philippines Glass Reinforced Plastic Piping Market include Future Pipe Industries, Saudi Arabian Amiantit Company, and HOBAS.
Key Highlights of the Report:
- Philippines Glass Reinforced Plastic Piping Market Outlook
- Market Size of Philippines Glass Reinforced Plastic Piping Market, 2024
- Forecast of Philippines Glass Reinforced Plastic Piping Market, 2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Revenues & Volume for the Period 2021-2031
- Philippines Glass Reinforced Plastic Piping Market Trend Evolution
- Philippines Glass Reinforced Plastic Piping Market Drivers and Challenges
- Philippines Glass Reinforced Plastic Piping Price Trends
- Philippines Glass Reinforced Plastic Piping Porter's Five Forces
- Philippines Glass Reinforced Plastic Piping Industry Life Cycle
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Resin for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Epoxy for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Polyester for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Vinyl Ester for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Oil & Gas for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Chemicals for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Wastewater Treatment for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Irrigation for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Water Supply for the Period 2021-2031
- Historical Data and Forecast of Philippines Glass Reinforced Plastic Piping Market Revenues & Volume By Others for the Period 2021-2031
- Philippines Glass Reinforced Plastic Piping Import Export Trade Statistics
- Market Opportunity Assessment By Resin
- Market Opportunity Assessment By Application
- Philippines Glass Reinforced Plastic Piping Top Companies Market Share
- Philippines Glass Reinforced Plastic Piping Competitive Benchmarking By Technical and Operational Parameters
- Philippines Glass Reinforced Plastic Piping Company Profiles
- Philippines Glass Reinforced Plastic Piping Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Glass Reinforced Plastic Piping Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Glass Reinforced Plastic Piping Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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