Product Code: ETC042969 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines mineral fiber market is projected to exhibit a CAGR of 7.7% during 2025-2031. The increasing demand from the construction sector and advancements in acoustic insulation technology are major growth drivers for the mineral fiber market in the country. The growing awareness about energy efficiency among consumers is also anticipated to promote product sales in the near future
Stringent regulations imposed by government bodies on building construction activities encourage builders to focus on sustainable practices which involve better thermal insulation using high performance products like mineral fibers that helps reduce energy costs and carbon emissions significantly over time bringing long term financial benefits thereby driving up demand for these materials among residential & commercial customers alike. Further, consumers are now becoming more conscious about energy conservation not only because of rising electricity bills but also owing to heightened awareness levels regarding environmental protection , leading them towards adopting advanced technologies like insulating materials made out of natural minerals that increase overall thermal efficiency helping save money while reducing carbon footprint at same time giving thrust towards its popularity.
Since most types of mineral fibers depend heavily upon raw material prices (fiberglass resin , silica sand etc.) any abrupt changes therein can affect production process resulting into decreased supply volumes thus creating shortage scenarios adversely impacting end user markets leading upto higher costs incurred by manufacturers eventually passed onto customers making it unaffordable. Further, reuse/recycling options available today are limited when it comes to repurposing discarded Mineral Fibers given fact that they possess unique characteristics(thermal stability , fire resistance ) depending upon composition being different each time making them.
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 Mineral Fiber Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Mineral Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Mineral Fiber Market - Industry Life Cycle |
3.4 Philippines Mineral Fiber Market - Porter's Five Forces |
3.5 Philippines Mineral Fiber Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Mineral Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Mineral Fiber Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.8 Philippines Mineral Fiber Market Revenues & Volume Share, By Building Type, 2021 & 2031F |
4 Philippines Mineral Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Mineral Fiber Market Trends |
6 Philippines Mineral Fiber Market, By Types |
6.1 Philippines Mineral Fiber Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Mineral Fiber Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Mineral Fiber Market Revenues & Volume, By Glasswool, 2021-2031F |
6.1.4 Philippines Mineral Fiber Market Revenues & Volume, By Stonewool, 2021-2031F |
6.1.5 Philippines Mineral Fiber Market Revenues & Volume, By Rockwool, 2021-2031F |
6.1.6 Philippines Mineral Fiber Market Revenues & Volume, By Slagwool, 2021-2031F |
6.1.7 Philippines Mineral Fiber Market Revenues & Volume, By Glass Filaments, 2021-2031F |
6.1.8 Philippines Mineral Fiber Market Revenues & Volume, By Ceramic Fibres, 2021-2031F |
6.2 Philippines Mineral Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Mineral Fiber Market Revenues & Volume, By Thermal Insulation, 2021-2031F |
6.2.3 Philippines Mineral Fiber Market Revenues & Volume, By Acoustic Insulation, 2021-2031F |
6.2.4 Philippines Mineral Fiber Market Revenues & Volume, By Fire Protection, 2021-2031F |
6.2.5 Philippines Mineral Fiber Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Mineral Fiber Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Philippines Mineral Fiber Market Revenues & Volume, By Ceiling boards, 2021-2031F |
6.3.3 Philippines Mineral Fiber Market Revenues & Volume, By Blankets, 2021-2031F |
6.3.4 Philippines Mineral Fiber Market Revenues & Volume, By Panels and Tiles, 2021-2031F |
6.3.5 Philippines Mineral Fiber Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Mineral Fiber Market, By Building Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Mineral Fiber Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Philippines Mineral Fiber Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Philippines Mineral Fiber Market Revenues & Volume, By Public, 2021-2031F |
7 Philippines Mineral Fiber Market Import-Export Trade Statistics |
7.1 Philippines Mineral Fiber Market Export to Major Countries |
7.2 Philippines Mineral Fiber Market Imports from Major Countries |
8 Philippines Mineral Fiber Market Key Performance Indicators |
9 Philippines Mineral Fiber Market - Opportunity Assessment |
9.1 Philippines Mineral Fiber Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Mineral Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Mineral Fiber Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.4 Philippines Mineral Fiber Market Opportunity Assessment, By Building Type, 2021 & 2031F |
10 Philippines Mineral Fiber Market - Competitive Landscape |
10.1 Philippines Mineral Fiber Market Revenue Share, By Companies, 2024 |
10.2 Philippines Mineral Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |