Product Code: ETC4500510 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The marine industry in the Philippines is increasingly turning to composite materials for boat construction and offshore applications. Marine composites offer advantages in terms of weight reduction and resistance to corrosion, making them a valuable choi
With its vast coastline and active maritime industry, the Philippines has a flourishing Marine Composites market. These advanced composites find extensive use in boat building, ship repair, and offshore structures. The materials are valued for their resis
The Philippines marine composites market faces a set of unique challenges. One of the most significant issues is the limited local expertise in the design, manufacturing, and repair of marine composite structures, which often leads to a dependence on fore
This market saw a decline in demand due to the restrictions on travel and reduced maritime activities during the pandemic. However, as the situation improved, the marine composites market started to recover, especially in response to the increasing demand
In the Philippines Marine Composites market, several key players are making significant contributions to the industry. Companies such as Philippine Resins Industries, Inc., JEC Marine Corporation, and Malpro Oman Silicates LLC are prominent players in the
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 Marine Composites Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Marine Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Marine Composites Market - Industry Life Cycle |
3.4 Philippines Marine Composites Market - Porter's Five Forces |
3.5 Philippines Marine Composites Market Revenues & Volume Share, By Composite Type, 2021 & 2031F |
3.6 Philippines Marine Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Philippines Marine Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.8 Philippines Marine Composites Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
4 Philippines Marine Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in the marine industry |
4.2.2 Growing focus on fuel efficiency and environmental sustainability in marine operations |
4.2.3 Rising investments in shipbuilding and naval infrastructure development in the Philippines |
4.3 Market Restraints |
4.3.1 High cost of marine composites compared to traditional materials |
4.3.2 Lack of awareness and technical expertise in handling marine composites |
4.3.3 Regulatory challenges and compliance issues in the marine industry |
5 Philippines Marine Composites Market Trends |
6 Philippines Marine Composites Market, By Types |
6.1 Philippines Marine Composites Market, By Composite Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Marine Composites Market Revenues & Volume, By Composite Type, 2021-2031F |
6.1.3 Philippines Marine Composites Market Revenues & Volume, By Metal Matrix Composite (MMC), 2021-2031F |
6.1.4 Philippines Marine Composites Market Revenues & Volume, By Ceramic Matrix Composite (CMC), 2021-2031F |
6.1.5 Philippines Marine Composites Market Revenues & Volume, By Polymer Matrix Composite (PMC), 2021-2031F |
6.2 Philippines Marine Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Marine Composites Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.3 Philippines Marine Composites Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.4 Philippines Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2.5 Philippines Marine Composites Market Revenues & Volume, By Aramid, 2021-2031F |
6.2.6 Philippines Marine Composites Market Revenues & Volume, By Natural Fibers, 2021-2031F |
6.3 Philippines Marine Composites Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Marine Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.3 Philippines Marine Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3.4 Philippines Marine Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3.5 Philippines Marine Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3.6 Philippines Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.7 Philippines Marine Composites Market Revenues & Volume, By Phenolic, 2021-2031F |
6.4 Philippines Marine Composites Market, By Vessel Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Marine Composites Market Revenues & Volume, By Power Boats, 2021-2031F |
6.4.3 Philippines Marine Composites Market Revenues & Volume, By Sailboats, 2021-2031F |
6.4.4 Philippines Marine Composites Market Revenues & Volume, By Cruise Ships, 2021-2031F |
6.4.5 Philippines Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4.6 Philippines Marine Composites Market Revenues & Volume, By Cargo Vessels, 2021-2031F |
6.4.7 Philippines Marine Composites Market Revenues & Volume, By Naval Boats, 2021-2031F |
6.4.8 Philippines Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
6.4.9 Philippines Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
7 Philippines Marine Composites Market Import-Export Trade Statistics |
7.1 Philippines Marine Composites Market Export to Major Countries |
7.2 Philippines Marine Composites Market Imports from Major Countries |
8 Philippines Marine Composites Market Key Performance Indicators |
8.1 Adoption rate of marine composites in new shipbuilding projects |
8.2 Number of partnerships and collaborations between marine composite manufacturers and shipbuilders in the Philippines |
8.3 Research and development investment in marine composite technology |
8.4 Number of government initiatives supporting the use of sustainable materials in the marine sector |
8.5 Percentage of reduction in fuel consumption and emissions achieved through the use of marine composites |
9 Philippines Marine Composites Market - Opportunity Assessment |
9.1 Philippines Marine Composites Market Opportunity Assessment, By Composite Type, 2021 & 2031F |
9.2 Philippines Marine Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Philippines Marine Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.4 Philippines Marine Composites Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
10 Philippines Marine Composites Market - Competitive Landscape |
10.1 Philippines Marine Composites Market Revenue Share, By Companies, 2024 |
10.2 Philippines Marine Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |