Philippines Structural Core Materials Market (2025-2031) Outlook | Industry, Size, Value, Analysis, Revenue, Forecast, Growth, Trends, Share & Companies

Name: Philippines Structural Core Materials Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Skin Type (GFRP, CFRP, NFRP, Others), By Type (Foam, Honeycomb, Balsa), By End-Use (Electrical & Electronics, Transportation, Medical Packaging, Others) And Competitive Landscape

Product Code: ETC348209	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 Structural Core Materials Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The structural core materials import shipments to the Philippines in 2024 continued to be dominated by top exporters such as Malaysia, New Zealand, Thailand, China, and Indonesia. Despite a high concentration of the Herfindahl-Hirschman Index (HHI) in 2023, the market concentration remained high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 saw a decline of -10.04%, with a significant decrease in the growth rate from 2023 to 2024 at -35.72%. These trends indicate a challenging market environment for structural core materials imports in the Philippines.

Philippines Structural Core Materials Market Top 5 Importing Countries and Market Competition (HHI) Analysis

philippines structural core materials market Synopsis

The Philippine structural core materials market consists mainly of steel-reinforced concrete (SRC), timber, masonry products like bricks & blocks, aluminum alloys and other composite materials used for building structures such as bridges, buildings etc. The construction industry is driving this segment?s growth with new residential projects springing up across major cities such as Manila and Cebu City leading to higher demand for core materials like SRC which accounted for nearly 25% share on overall sales volume during 2017-2018 period followed by timber at 15%. According to report published by 6wresearch in 2025, current value sales stand at USD 542 million out of which exports form nearly 32% while imports account for 21%.

Drivers of the Market

The Philippines structural core materials market is likely to witness growth due to the increasing demand for lightweight and durable materials in various industries, including aerospace, automotive, and construction. Structural core materials offer high strength-to-weight ratios, making them essential for applications requiring both strength and reduced weight.

Challenges of the Market

The Philippines structural core materials market, often used in aerospace and construction industries, faces challenges related to material innovation and cost-effectiveness. Developing advanced materials that offer enhanced strength-to-weight ratios while keeping manufacturing costs reasonable is a persistent challenge. Additionally, educating end-users about the benefits and applications of these materials can impact their adoption rate.

COVID-19 Impact on the Market

The outbreak of COVID-19 in 2025 had a significant impact on the market. Lockdowns, supply chain disruptions, and decreased construction activities led to a temporary slowdown. As the country navigates the post-pandemic recovery phase, the market is expected to regain momentum, driven by the resumption of infrastructure projects and the growing emphasis on sustainable construction practices.

Key Players in the Market

The Philippines structural core materials market is anticipated to experience steady growth in the coming years. The expanding construction and infrastructure sectors, driven by urbanization and economic development, will likely contribute to the demand for structural core materials such as foam, honeycomb, and balsa wood. These materials play a vital role in enhancing the strength, durability, and lightweight characteristics of various applications, including aerospace, marine, automotive, and wind energy industries. Key players in this market might include manufacturers like Gurit Holding AG, Hexcel Corporation, and Evonik Industries AG, who are known for their innovative solutions and technological advancements in structural core materials.

Key Highlights of the Report:

Philippines Structural Core Materials Market Outlook
Market Size of Philippines Structural Core Materials Market, 2024
Forecast of Philippines Structural Core Materials Market, 2031
Historical Data and Forecast of Philippines Structural Core Materials Revenues & Volume for the Period 2021-2031
Philippines Structural Core Materials Market Trend Evolution
Philippines Structural Core Materials Market Drivers and Challenges
Philippines Structural Core Materials Price Trends
Philippines Structural Core Materials Porter's Five Forces
Philippines Structural Core Materials Industry Life Cycle
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Skin Type for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By GFRP for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By CFRP for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By NFRP for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Foam for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Honeycomb for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Balsa for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By End-Use for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Transportation for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Medical Packaging for the Period 2021-2031
Historical Data and Forecast of Philippines Structural Core Materials Market Revenues & Volume By Others for the Period 2021-2031
Philippines Structural Core Materials Import Export Trade Statistics
Market Opportunity Assessment By Skin Type
Market Opportunity Assessment By Type
Market Opportunity Assessment By End-Use
Philippines Structural Core Materials Top Companies Market Share
Philippines Structural Core Materials Competitive Benchmarking By Technical and Operational Parameters
Philippines Structural Core Materials Company Profiles
Philippines Structural Core Materials Key Strategic Recommendations

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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 Structural Core Materials Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Structural Core Materials Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Structural Core Materials Market - Industry Life Cycle

3.4 Philippines Structural Core Materials Market - Porter's Five Forces

3.5 Philippines Structural Core Materials Market Revenues & Volume Share, By Skin Type, 2021 & 2031F

3.6 Philippines Structural Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Philippines Structural Core Materials Market Revenues & Volume Share, By End-Use, 2021 & 2031F

4 Philippines Structural Core Materials Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight materials in the construction industry

4.2.2 Growth in the infrastructure development projects in the Philippines

4.2.3 Rising focus on energy-efficient building solutions

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Lack of awareness about the benefits of structural core materials

4.3.3 Regulatory challenges related to environmental standards

5 Philippines Structural Core Materials Market Trends

6 Philippines Structural Core Materials Market, By Types

6.1 Philippines Structural Core Materials Market, By Skin Type

6.1.1 Overview and Analysis

6.1.2 Philippines Structural Core Materials Market Revenues & Volume, By Skin Type, 2021-2031F

6.1.3 Philippines Structural Core Materials Market Revenues & Volume, By GFRP, 2021-2031F

6.1.4 Philippines Structural Core Materials Market Revenues & Volume, By CFRP, 2021-2031F

6.1.5 Philippines Structural Core Materials Market Revenues & Volume, By NFRP, 2021-2031F

6.1.6 Philippines Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F

6.2 Philippines Structural Core Materials Market, By Type

6.2.1 Overview and Analysis

6.2.2 Philippines Structural Core Materials Market Revenues & Volume, By Foam, 2021-2031F

6.2.3 Philippines Structural Core Materials Market Revenues & Volume, By Honeycomb, 2021-2031F

6.2.4 Philippines Structural Core Materials Market Revenues & Volume, By Balsa, 2021-2031F

6.3 Philippines Structural Core Materials Market, By End-Use

6.3.1 Overview and Analysis

6.3.2 Philippines Structural Core Materials Market Revenues & Volume, By Electrical & Electronics, 2021-2031F

6.3.3 Philippines Structural Core Materials Market Revenues & Volume, By Transportation, 2021-2031F

6.3.4 Philippines Structural Core Materials Market Revenues & Volume, By Medical Packaging, 2021-2031F

6.3.5 Philippines Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F

7 Philippines Structural Core Materials Market Import-Export Trade Statistics

7.1 Philippines Structural Core Materials Market Export to Major Countries

7.2 Philippines Structural Core Materials Market Imports from Major Countries

8 Philippines Structural Core Materials Market Key Performance Indicators

8.1 Adoption rate of advanced structural core materials in construction projects

8.2 Number of new infrastructure projects incorporating structural core materials

8.3 Energy efficiency improvements achieved through the use of structural core materials

9 Philippines Structural Core Materials Market - Opportunity Assessment

9.1 Philippines Structural Core Materials Market Opportunity Assessment, By Skin Type, 2021 & 2031F

9.2 Philippines Structural Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Philippines Structural Core Materials Market Opportunity Assessment, By End-Use, 2021 & 2031F

10 Philippines Structural Core Materials Market - Competitive Landscape

10.1 Philippines Structural Core Materials Market Revenue Share, By Companies, 2024

10.2 Philippines Structural Core Materials Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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