Product Code: ETC036345 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Metals Service Centers Market in Thailand is expected to witness considerable growth during the forecast period of 2025-2031. The increasing demand for metals from automotive, construction and other industries has been driving the metal service centers market in Thailand. Moreover, industrialization and urbanization have also resulted in an increase in investments by private companies as well as government initiatives that are projected to propel market growth over the forecast period. Additionally, technological advancements such as automated production lines and increased use of robotics have further supported industry expansion.
One of the major drivers for this market is rising industrial activities along with infrastructural developments across India. In addition, there has been an increasing interest towards reusing scrap materials and metals which has driven up the demand for services provided by service centers such as recycling, melting and forging among others resulting in positive outlook on this sector???s development due to its cost effectiveness compared to virgin materials resources. Furthermore, growing environmental awareness amongst consumers demanding green solutions contribute strongly to sustainability efforts taken by industries that utilize these services contributing more positively towards their operations resulting into increased use of recycled material instead of virgin raw materials thus leading them toward a greener future helping conserve natural resources like energy & water usage.
However there are certain challenges faced by service center operators including lack skilled labor availability especially within rural areas due shortage engineering colleges or technical institutes nearby making it difficult source adequate manpower reducing efficiency levels significantly.Also frequent power outages make it difficult operate facilities without disruption during peak hours thereby affecrtin profitability while stringent regulations imposed regarding health safety environment (HSE) matters seen limiting establishment new ones or expansion existing ones subject approval local authorities causing further delay process hampering revenue streams some extent.
The covid-19 pandemic created massive disruption world economies including those South east Asian nations particularly,Thailand witnessing decline economic activity slowing down various sectors affecting entire supply chain system severely impacting services offered centers relating metal processing.Due lockdown restrictions enforced countries forced roll back operations temporarily stopping production processes completely thereby adversely effecting whole sector curtailing revenues drastically near term extending uncertainty longer run even after easing guidelines restoring normalcy situation regionally globally.
Some key players operating Metal Service Centers Market include Siam Steel Industries Co Ltd (SSI), Thailand Cold Rolled Steel Sheet Public Company Limited (TCRSS), Asia Steel Group Co.,
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 Metals Service Centers Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Metals Service Centers Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Metals Service Centers Market - Industry Life Cycle |
3.4 Thailand Metals Service Centers Market - Porter's Five Forces |
3.5 Thailand Metals Service Centers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Metals Service Centers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Metals Service Centers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Metals Service Centers Market Trends |
6 Thailand Metals Service Centers Market, By Types |
6.1 Thailand Metals Service Centers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Metals Service Centers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Metals Service Centers Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.4 Thailand Metals Service Centers Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.5 Thailand Metals Service Centers Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.6 Thailand Metals Service Centers Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.7 Thailand Metals Service Centers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Metals Service Centers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Metals Service Centers Market Revenues & Volume, By Building and Infrastructure, 2021-2031F |
6.2.3 Thailand Metals Service Centers Market Revenues & Volume, By Mechanical and Electrica Equipment, 2021-2031F |
6.2.4 Thailand Metals Service Centers Market Revenues & Volume, By Transport, 2021-2031F |
6.2.5 Thailand Metals Service Centers Market Revenues & Volume, By Metal Products, 2021-2031F |
6.2.6 Thailand Metals Service Centers Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Metals Service Centers Market Import-Export Trade Statistics |
7.1 Thailand Metals Service Centers Market Export to Major Countries |
7.2 Thailand Metals Service Centers Market Imports from Major Countries |
8 Thailand Metals Service Centers Market Key Performance Indicators |
9 Thailand Metals Service Centers Market - Opportunity Assessment |
9.1 Thailand Metals Service Centers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Metals Service Centers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Metals Service Centers Market - Competitive Landscape |
10.1 Thailand Metals Service Centers Market Revenue Share, By Companies, 2024 |
10.2 Thailand Metals Service Centers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |