| Product Code: ETC317185 | 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 |
Thailand carbon fiber market witnessed a significant decline in import momentum from 2020 to 2024, with a notable Compound Annual Growth Rate (CAGR) of -88.46%. This sharp decrease in imports could be attributed to a shift in demand dynamics or market instability during the period.
The Thailand Carbon Fibre market is experiencing growth, primarily driven by the aerospace, automotive, and construction sectors. Carbon fibers are valued for their lightweight and high-strength properties, making them ideal for applications where weight reduction and durability are critical. As industries in Thailand increasingly adopt advanced materials, the demand for carbon fibers is expected to continue its upward trajectory.
The Thailand Carbon Fiber market is experiencing growth due to its applications in various sectors, including aerospace, automotive, and construction. The lightweight and high-strength properties of carbon fiber make it a preferred material for manufacturing components that require structural integrity and reduced weight. As industries seek to improve fuel efficiency and reduce emissions, the demand for carbon fiber composites has increased.
The Thailand carbon fiber market faces several challenges. First, the production of carbon fiber is energy-intensive, which can result in high production costs. Moreover, carbon fiber materials are still relatively expensive compared to traditional materials like steel and aluminum. This cost challenge makes it difficult for carbon fiber to gain widespread adoption in industries such as automotive and aerospace. Additionally, there is a need for significant investment in research and development to improve the quality and cost-effectiveness of carbon fiber production in Thailand. Lastly, the market may also face competition from imported carbon fiber products, which can impact the growth of the domestic industry.
The Thailand carbon fiber market faced challenges during the COVID-19 pandemic, primarily due to disruptions in the aerospace and automotive sectors, where carbon fiber composites are extensively used. Reduced air travel and automotive production impacted the demand for carbon fibers and composite materials. Manufacturers experienced supply chain disruptions, affecting production capacities. However, the pandemic also highlighted the significance of carbon fiber in medical equipment and lightweight materials, spurring innovation and diversification in the market. As industries recovered and adapted to new demands, the carbon fiber market began to stabilize and explore new opportunities.
The Thailand Carbon Fibre market is experiencing steady growth due to the increasing demand for lightweight and high-strength materials in industries like aerospace, automotive, and construction. Leading players, such as Thai Carbon Composites Co., Ltd. and CarbonTech Thailand, are known for their advanced carbon fibre production capabilities. They collaborate with key industries to develop customized solutions and expand their presence in the global market.
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 Carbon Fibre Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Carbon Fibre Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Carbon Fibre Market - Industry Life Cycle |
3.4 Thailand Carbon Fibre Market - Porter's Five Forces |
3.5 Thailand Carbon Fibre Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Thailand Carbon Fibre Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Thailand Carbon Fibre Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.8 Thailand Carbon Fibre Market Revenues & Volume Share, By Modulus, 2021 & 2031F |
3.9 Thailand Carbon Fibre Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Thailand Carbon Fibre Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Thailand Carbon Fibre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing awareness about the benefits of carbon fiber in terms of strength and durability |
4.2.3 Government initiatives to promote the use of carbon fiber in various applications |
4.3 Market Restraints |
4.3.1 High production costs associated with carbon fiber materials |
4.3.2 Limited availability of raw materials for carbon fiber production |
4.3.3 Lack of skilled workforce for carbon fiber manufacturing |
5 Thailand Carbon Fibre Market Trends |
6 Thailand Carbon Fibre Market, By Types |
6.1 Thailand Carbon Fibre Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Thailand Carbon Fibre Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Thailand Carbon Fibre Market Revenues & Volume, By Pan??based Carbon Fiber, 2021-2031F |
6.1.4 Thailand Carbon Fibre Market Revenues & Volume, By Pitch??based Carbon Fiber, 2021-2031F |
6.2 Thailand Carbon Fibre Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Carbon Fibre Market Revenues & Volume, By Continuous Carbon Fiber, 2021-2031F |
6.2.3 Thailand Carbon Fibre Market Revenues & Volume, By Long Carbon Fiber, 2021-2031F |
6.2.4 Thailand Carbon Fibre Market Revenues & Volume, By Short Carbon Fiber, 2021-2031F |
6.3 Thailand Carbon Fibre Market, By Fiber Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Carbon Fibre Market Revenues & Volume, By Virgin Carbon Fiber, 2021-2031F |
6.3.3 Thailand Carbon Fibre Market Revenues & Volume, By Recycled Carbon Fiber, 2021-2031F |
6.4 Thailand Carbon Fibre Market, By Modulus |
6.4.1 Overview and Analysis |
6.4.2 Thailand Carbon Fibre Market Revenues & Volume, By Standard Modulus, 2021-2031F |
6.4.3 Thailand Carbon Fibre Market Revenues & Volume, By Intermediate Modulus, 2021-2031F |
6.4.4 Thailand Carbon Fibre Market Revenues & Volume, By High Modulus, 2021-2031F |
6.5 Thailand Carbon Fibre Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Carbon Fibre Market Revenues & Volume, By Composite, 2021-2031F |
6.5.3 Thailand Carbon Fibre Market Revenues & Volume, By Non-composite, 2021-2031F |
6.6 Thailand Carbon Fibre Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Thailand Carbon Fibre Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.3 Thailand Carbon Fibre Market Revenues & Volume, By Automotive, 2021-2031F |
6.6.4 Thailand Carbon Fibre Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.6.5 Thailand Carbon Fibre Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.6.6 Thailand Carbon Fibre Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.6.7 Thailand Carbon Fibre Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.6.8 Thailand Carbon Fibre Market Revenues & Volume, By Marine, 2021-2031F |
6.6.9 Thailand Carbon Fibre Market Revenues & Volume, By Marine, 2021-2031F |
7 Thailand Carbon Fibre Market Import-Export Trade Statistics |
7.1 Thailand Carbon Fibre Market Export to Major Countries |
7.2 Thailand Carbon Fibre Market Imports from Major Countries |
8 Thailand Carbon Fibre Market Key Performance Indicators |
8.1 Research and development investments in new carbon fiber technologies |
8.2 Number of patents filed for carbon fiber innovations |
8.3 Adoption rate of carbon fiber in new industries and applications |
9 Thailand Carbon Fibre Market - Opportunity Assessment |
9.1 Thailand Carbon Fibre Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Thailand Carbon Fibre Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Thailand Carbon Fibre Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.4 Thailand Carbon Fibre Market Opportunity Assessment, By Modulus, 2021 & 2031F |
9.5 Thailand Carbon Fibre Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Thailand Carbon Fibre Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Thailand Carbon Fibre Market - Competitive Landscape |
10.1 Thailand Carbon Fibre Market Revenue Share, By Companies, 2024 |
10.2 Thailand Carbon Fibre Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |