| Product Code: ETC8841103 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a continued high concentration of Fiber Reinforced Polymer (FRP) composites imports in 2024, with top exporting countries being China, Japan, USA, Malaysia, and Taiwan. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024. This suggests a challenging period for FRP composites imports in the Philippines, possibly influenced by various economic factors. Monitoring future trends and market dynamics will be crucial for stakeholders in the industry to navigate potential challenges and opportunities.

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 Fiber Reinforced Polymer (FRP) Composites Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fiber Reinforced Polymer (FRP) Composites Market - Industry Life Cycle |
3.4 Philippines Fiber Reinforced Polymer (FRP) Composites Market - Porter's Five Forces |
3.5 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Fiber Reinforced Polymer (FRP) Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in construction and infrastructure projects |
4.2.2 Increasing adoption of FRP composites in automotive and aerospace industries for their corrosion resistance and design flexibility |
4.2.3 Government initiatives promoting the use of sustainable and eco-friendly materials in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with FRP composites |
4.3.2 Limited awareness and technical expertise among end-users regarding the benefits and applications of FRP composites |
4.3.3 Challenges related to recyclability and disposal of FRP composites at the end of their lifecycle |
5 Philippines Fiber Reinforced Polymer (FRP) Composites Market Trends |
6 Philippines Fiber Reinforced Polymer (FRP) Composites Market, By Types |
6.1 Philippines Fiber Reinforced Polymer (FRP) Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Fiber Type, 2021- 2031F |
6.1.3 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Glass, 2021- 2031F |
6.1.4 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Carbon, 2021- 2031F |
6.1.5 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Basalt, 2021- 2031F |
6.1.6 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Aramid, 2021- 2031F |
6.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Electronic, 2021- 2031F |
6.2.5 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Defense, 2021- 2031F |
7 Philippines Fiber Reinforced Polymer (FRP) Composites Market Import-Export Trade Statistics |
7.1 Philippines Fiber Reinforced Polymer (FRP) Composites Market Export to Major Countries |
7.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Imports from Major Countries |
8 Philippines Fiber Reinforced Polymer (FRP) Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of construction projects incorporating FRP composites |
8.2 Adoption rate of FRP composites in key industries such as automotive and aerospace |
8.3 Research and development investments in new applications and technologies for FRP composites |
9 Philippines Fiber Reinforced Polymer (FRP) Composites Market - Opportunity Assessment |
9.1 Philippines Fiber Reinforced Polymer (FRP) Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Fiber Reinforced Polymer (FRP) Composites Market - Competitive Landscape |
10.1 Philippines Fiber Reinforced Polymer (FRP) Composites Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fiber Reinforced Polymer (FRP) Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |