| Product Code: ETC12918241 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, the Philippines saw significant marine gel coat import shipments mainly from Singapore, South Korea, Malaysia, USA, and Taiwan. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a challenging CAGR of -23.1% from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024 at -13.96%. This data suggests that while the market is facing difficulties, there may be some signs of stabilization or recovery on the horizon.

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 Gel Coat Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Marine Gel Coat Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Marine Gel Coat Market - Industry Life Cycle |
3.4 Philippines Marine Gel Coat Market - Porter's Five Forces |
3.5 Philippines Marine Gel Coat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Marine Gel Coat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Philippines Marine Gel Coat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Marine Gel Coat Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Marine Gel Coat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the shipbuilding industry in the Philippines |
4.2.2 Increasing demand for recreational boats and yachts |
4.2.3 Rising focus on marine tourism and water sports activities |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Stringent environmental regulations impacting production processes |
4.3.3 Competition from alternative coating technologies |
5 Philippines Marine Gel Coat Market Trends |
6 Philippines Marine Gel Coat Market, By Types |
6.1 Philippines Marine Gel Coat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Marine Gel Coat Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Marine Gel Coat Market Revenues & Volume, By Polyester-Based, 2021 - 2031F |
6.1.4 Philippines Marine Gel Coat Market Revenues & Volume, By Epoxy-Based, 2021 - 2031F |
6.1.5 Philippines Marine Gel Coat Market Revenues & Volume, By Vinyl Ester-Based, 2021 - 2031F |
6.2 Philippines Marine Gel Coat Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Marine Gel Coat Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.3 Philippines Marine Gel Coat Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.2.4 Philippines Marine Gel Coat Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.3 Philippines Marine Gel Coat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Marine Gel Coat Market Revenues & Volume, By Yacht Finishing, 2021 - 2031F |
6.3.3 Philippines Marine Gel Coat Market Revenues & Volume, By Commercial Boats, 2021 - 2031F |
6.3.4 Philippines Marine Gel Coat Market Revenues & Volume, By Naval Ships, 2021 - 2031F |
6.4 Philippines Marine Gel Coat Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Marine Gel Coat Market Revenues & Volume, By Private Owners, 2021 - 2031F |
6.4.3 Philippines Marine Gel Coat Market Revenues & Volume, By Manufacturers, 2021 - 2031F |
6.4.4 Philippines Marine Gel Coat Market Revenues & Volume, By Military, 2021 - 2031F |
7 Philippines Marine Gel Coat Market Import-Export Trade Statistics |
7.1 Philippines Marine Gel Coat Market Export to Major Countries |
7.2 Philippines Marine Gel Coat Market Imports from Major Countries |
8 Philippines Marine Gel Coat Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly gel coat solutions |
8.2 Number of new product innovations in the marine gel coat market |
8.3 Percentage of market share held by domestic manufacturers |
8.4 Customer satisfaction levels with the quality of marine gel coat products |
9 Philippines Marine Gel Coat Market - Opportunity Assessment |
9.1 Philippines Marine Gel Coat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Marine Gel Coat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Philippines Marine Gel Coat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Marine Gel Coat Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Marine Gel Coat Market - Competitive Landscape |
10.1 Philippines Marine Gel Coat Market Revenue Share, By Companies, 2024 |
10.2 Philippines Marine Gel Coat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |