Product Code: ETC8854808 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for composite materials in wind energy is expanding, driven by needs for durability and reduced weight. Fiberglass and carbon fiber are commonly used, and their demand is expected to increase as more turbines are installed across the archipelago.
The focus here is on sourcing and supply of advanced materials used in various turbine components. There is growing interest in sustainable and bio-based composite materials, as well as efforts to develop local supply chains to reduce reliance on imports.
The composite materials sector contends with limited local raw material sources and processing capabilities. High production costs and import reliance restrict competitiveness. Technological gaps in material science and manufacturing further limit innovation and scalability.
Suppliers of specialized composite materials used in turbine blades and nacelles can tap into the expanding wind energy sector. Investment in local production or distribution networks for high-performance composites ensures faster supply chains and cost advantages.
Policies promote local development of composite materials in line with renewable energy goals. Environmental laws regulate production emissions and waste, while incentives encourage investment in advanced materials technology to improve turbine efficiency and lifespan.
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 Wind Turbine Composite Materials Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wind Turbine Composite Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wind Turbine Composite Materials Market - Industry Life Cycle |
3.4 Philippines Wind Turbine Composite Materials Market - Porter's Five Forces |
3.5 Philippines Wind Turbine Composite Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Wind Turbine Composite Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Wind Turbine Composite Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in the Philippines |
4.2.2 Government initiatives and incentives to promote wind energy projects |
4.2.3 Growing awareness about the environmental benefits of wind energy |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up wind turbine projects |
4.3.2 Lack of infrastructure for wind energy transmission and distribution |
4.3.3 Limited availability of skilled labor for maintenance and operation of wind turbines |
5 Philippines Wind Turbine Composite Materials Market Trends |
6 Philippines Wind Turbine Composite Materials Market, By Types |
6.1 Philippines Wind Turbine Composite Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wind Turbine Composite Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Wind Turbine Composite Materials Market Revenues & Volume, By Thermosetting Resin, 2021- 2031F |
6.1.4 Philippines Wind Turbine Composite Materials Market Revenues & Volume, By Thermoplastic Resin, 2021- 2031F |
6.2 Philippines Wind Turbine Composite Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wind Turbine Composite Materials Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Philippines Wind Turbine Composite Materials Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Philippines Wind Turbine Composite Materials Market Import-Export Trade Statistics |
7.1 Philippines Wind Turbine Composite Materials Market Export to Major Countries |
7.2 Philippines Wind Turbine Composite Materials Market Imports from Major Countries |
8 Philippines Wind Turbine Composite Materials Market Key Performance Indicators |
8.1 Average capacity factor of wind turbines in the Philippines |
8.2 Levelized cost of energy (LCOE) for wind energy projects |
8.3 Percentage of energy consumption in the Philippines met by wind energy |
9 Philippines Wind Turbine Composite Materials Market - Opportunity Assessment |
9.1 Philippines Wind Turbine Composite Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Wind Turbine Composite Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Wind Turbine Composite Materials Market - Competitive Landscape |
10.1 Philippines Wind Turbine Composite Materials Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wind Turbine Composite Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |