| Product Code: ETC4499846 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for the aerospace composites market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -88.46% from 2020 to 2024. This sharp decrease in imports may indicate a shift in demand dynamics, potentially impacting market stability and import momentum during this period.
The Thailand Aerospace Composites Market is a growing sector in the country economy, driven by the increasing demand for lightweight and high-strength materials in the aviation industry. Aerospace composites play a crucial role in aircraft design, enabling fuel efficiency, enhanced performance, and reduced environmental impact. The market in Thailand is expanding as aerospace manufacturers and operators increasingly turn to composites for their numerous advantages.
The Aerospace Composites market in Thailand is experiencing notable growth, fueled by the expansion of the aerospace and defense industry and the increasing demand for lightweight and high-performance materials. Aerospace composites, including carbon fiber composites, aramid fiber composites, and glass fiber composites, are gaining prominence for their crucial role in aircraft manufacturing and maintenance. The growth of the aerospace and defense sector, the rising need for fuel-efficient aircraft, and the emphasis on technological advancements in Thailand are contributing to the adoption of aerospace composites. Moreover, the focus on research and development in aerospace technology and the innovations in composite material science are further fueling the positive momentum of the aerospace composites market.
The Thailand Aerospace Composites market encounters challenges related to global supply chain disruptions and stringent aerospace regulations. Dependencies on global supply chains can expose the market to disruptions, impacting manufacturing and delivery schedules. Additionally, meeting strict aerospace regulations and certification processes demands significant investments. Building resilience in the supply chain and proactively addressing regulatory requirements are essential for the sustained growth of the aerospace composites market.
The Thailand Aerospace Composites market faced unique challenges during the COVID-19 pandemic, with the aerospace industry experiencing disruptions and production slowdowns. However, the market demonstrated adaptability, with a focus on lightweight and durable composites for aircraft components. Post-pandemic, the Thailand Aerospace Composites market is rebounding as the aerospace sector resumes operations. The demand for advanced composites in aircraft design, including carbon fiber-reinforced composites, is expected to rise as manufacturers prioritize fuel efficiency and performance.
The Thailand Aerospace Composites Market is characterized by the presence of leading companies that have made substantial contributions to its development. Notable players in this market include Thai Aerospace Composites Company, AeroTech Composites, Composite Innovations, and AeroThai Composites.
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 Thailand Aerospace Composites Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Aerospace Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Aerospace Composites Market - Industry Life Cycle |
3.4 Thailand Aerospace Composites Market - Porter's Five Forces |
3.5 Thailand Aerospace Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Thailand Aerospace Composites Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.7 Thailand Aerospace Composites Market Revenues & Volume Share, By Matrix Type, 2021 & 2031F |
3.8 Thailand Aerospace Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Thailand Aerospace Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Thailand Aerospace Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient aircraft |
4.2.2 Growing investments in aerospace infrastructure in Thailand |
4.2.3 Technological advancements in aerospace composites manufacturing |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up aerospace composites manufacturing facilities |
4.3.2 Stringent regulatory requirements and certifications for aerospace composites |
4.3.3 Availability of alternative materials for aerospace applications |
5 Thailand Aerospace Composites Market Trends |
6 Thailand Aerospace Composites Market, By Types |
6.1 Thailand Aerospace Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Aerospace Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Thailand Aerospace Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Thailand Aerospace Composites Market Revenues & Volume, By Ceramic Fiber Composites, 2021-2031F |
6.1.5 Thailand Aerospace Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.2 Thailand Aerospace Composites Market, By Aircraft Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Aerospace Composites Market Revenues & Volume, By Commercial Aircraft, 2021-2031F |
6.2.3 Thailand Aerospace Composites Market Revenues & Volume, By Business & General Aviation, 2021-2031F |
6.2.4 Thailand Aerospace Composites Market Revenues & Volume, By Civil Helicopter, 2021-2031F |
6.2.5 Thailand Aerospace Composites Market Revenues & Volume, By Military Aircraft, 2021-2031F |
6.2.6 Thailand Aerospace Composites Market Revenues & Volume, By Others , 2021-2031F |
6.3 Thailand Aerospace Composites Market, By Matrix Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Aerospace Composites Market Revenues & Volume, By Polymer Matrix, 2021-2031F |
6.3.3 Thailand Aerospace Composites Market Revenues & Volume, By Ceramic Matrix, 2021-2031F |
6.3.4 Thailand Aerospace Composites Market Revenues & Volume, By Metal Matrix, 2021-2031F |
6.4 Thailand Aerospace Composites Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Aerospace Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.4.3 Thailand Aerospace Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.5 Thailand Aerospace Composites Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 Thailand Aerospace Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.5.3 Thailand Aerospace Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.5.4 Thailand Aerospace Composites Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.5.5 Thailand Aerospace Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.5.6 Thailand Aerospace Composites Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Aerospace Composites Market Import-Export Trade Statistics |
7.1 Thailand Aerospace Composites Market Export to Major Countries |
7.2 Thailand Aerospace Composites Market Imports from Major Countries |
8 Thailand Aerospace Composites Market Key Performance Indicators |
8.1 Rate of adoption of advanced aerospace composites technologies in Thailand |
8.2 Number of partnerships and collaborations between aerospace companies and composite material suppliers |
8.3 Research and development expenditure in the aerospace composites sector in Thailand |
9 Thailand Aerospace Composites Market - Opportunity Assessment |
9.1 Thailand Aerospace Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Thailand Aerospace Composites Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.3 Thailand Aerospace Composites Market Opportunity Assessment, By Matrix Type, 2021 & 2031F |
9.4 Thailand Aerospace Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Thailand Aerospace Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Thailand Aerospace Composites Market - Competitive Landscape |
10.1 Thailand Aerospace Composites Market Revenue Share, By Companies, 2024 |
10.2 Thailand Aerospace Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |