| Product Code: ETC4516646 | 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 foam insulation market showed significant growth from 2023 to 2024, with a growth rate of 37.03%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 18.7%. This surge in imports can be attributed to a notable shift in demand towards energy-efficient construction materials, driving market stability and fostering trade momentum.
The Thailand Foam Insulation Market encompasses a wide range of foam materials used for thermal and acoustic insulation in construction, HVAC, and industrial applications. As the country emphasizes energy efficiency and sustainability, the market for foam insulation materials is expected to grow.
The Thailand Foam Insulation market is experiencing substantial growth, fueled by the increasing awareness of energy-efficient building practices and the need for effective thermal insulation. Foam insulation materials, including polyurethane foam, polystyrene foam, and phenolic foam, play a crucial role in reducing heat transfer and enhancing the energy efficiency of buildings. As Thailand construction industry adopts sustainable building standards and there is a focus on green construction materials, the adoption of foam insulation is on the rise. The market growth is further propelled by advancements in foam insulation technologies, the development of materials with improved insulation properties, and efforts to address the specific requirements of different construction applications.
The Foam Insulation market in Thailand may confront challenges linked to the overall economic climate. Changes in construction and industrial activities directly influence the demand for insulation materials. Moreover, maintaining a balance between effective insulation properties and cost competitiveness is crucial for sustained market growth.
The Thailand Foam Insulation market demonstrated resilience during the COVID-19 pandemic, with applications in construction, HVAC systems, and industrial insulation. Foam insulation materials, including polyurethane and polystyrene foams, experienced sustained demand for use in residential and commercial buildings, refrigeration units, and industrial facilities. Post-pandemic, the market is growing as construction and industrial activities resume, with increased awareness of the importance of energy-efficient and sustainable insulation solutions. The Thailand Foam Insulation market remains pivotal in providing solutions for industries requiring effective and eco-friendly insulation materials.
In the Thailand foam insulation sector, recognized names like InsuFoam Innovations and TechSeal Insulations Ltd. lead the way. These market players excel in providing a range of foam insulation solutions designed for both residential and commercial applications. Their emphasis on quality, durability, and thermal performance sets the standard for the entire foam insulation 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 Foam Insulation Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Foam Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Foam Insulation Market - Industry Life Cycle |
3.4 Thailand Foam Insulation Market - Porter's Five Forces |
3.5 Thailand Foam Insulation Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Foam Insulation Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Thailand Foam Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings in Thailand |
4.2.2 Growing awareness about the benefits of foam insulation in reducing energy consumption |
4.2.3 Government initiatives promoting sustainable construction practices in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of skilled labor for proper installation of foam insulation |
4.3.3 Competition from alternative insulation materials such as fiberglass and cellulose |
5 Thailand Foam Insulation Market Trends |
6 Thailand Foam Insulation Market, By Types |
6.1 Thailand Foam Insulation Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Foam Insulation Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Foam Insulation Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.4 Thailand Foam Insulation Market Revenues & Volume, By Polyurethane & Polyisocyanurate, 2021-2031F |
6.1.5 Thailand Foam Insulation Market Revenues & Volume, By Polyolefin, 2021-2031F |
6.1.6 Thailand Foam Insulation Market Revenues & Volume, By Elastomeric, 2021-2031F |
6.1.7 Thailand Foam Insulation Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Thailand Foam Insulation Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Foam Insulation Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Thailand Foam Insulation Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 Thailand Foam Insulation Market Revenues & Volume, By Consumer Appliances, 2021-2031F |
7 Thailand Foam Insulation Market Import-Export Trade Statistics |
7.1 Thailand Foam Insulation Market Export to Major Countries |
7.2 Thailand Foam Insulation Market Imports from Major Countries |
8 Thailand Foam Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through foam insulation installations |
8.2 Number of new residential and commercial construction projects incorporating foam insulation |
8.3 Adoption rate of foam insulation in the construction industry in Thailand |
9 Thailand Foam Insulation Market - Opportunity Assessment |
9.1 Thailand Foam Insulation Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Foam Insulation Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Thailand Foam Insulation Market - Competitive Landscape |
10.1 Thailand Foam Insulation Market Revenue Share, By Companies, 2024 |
10.2 Thailand Foam Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |