Product Code: ETC239245 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Polypropylene Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 3.08% in 2025 and reaches 13.97% by 2029.
By 2027, the Polypropylene market in Thailand is anticipated to reach a growth rate of 5.33%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Polypropylene, a widely used polymer, has a broad spectrum of applications, including packaging, automotive components, and textiles. The Thailand Polypropylene market is instrumental in supplying this versatile material.
The Thailand Polypropylene market is thriving due to several key factors. Firstly, polypropylene is a versatile polymer widely used in packaging, automotive, construction, and consumer goods industries, and its demand has been steadily rising. The country`s strong manufacturing base and export-oriented industries, including automotive and electronics, have fueled the need for polypropylene in various applications. Moreover, the increasing awareness of sustainable and recyclable materials has driven research and development efforts to create eco-friendly polypropylene products. These factors, coupled with Thailand`s strategic geographical location, have positioned the country as a significant player in the global polypropylene market.
The Thailand Polypropylene market faces challenges related to price fluctuations of propylene feedstock, the need for technological advancements to improve product quality, and addressing environmental concerns regarding plastic waste. Additionally, competition from alternative materials like bio-based plastics and regulatory pressures on single-use plastics affect market dynamics.
The Thailand Polypropylene market experienced mixed impacts during the COVID-19 pandemic. Initially, the market faced a decline in demand, primarily from the automotive and consumer goods industries as production halted and consumer spending slowed down. However, the packaging industry saw increased demand for polypropylene as the need for food and medical packaging materials surged. This shift in demand patterns forced market players to reevaluate their product offerings and supply chain strategies. Companies with diversified product portfolios and flexible production capabilities were better equipped to weather the storm.
The Thailand Polypropylene market is led by companies such as PTT Global Chemical Public Company Limited, SCG Chemicals Co., Ltd., and HMC Polymers Co., Ltd. These industry giants are renowned for their diverse polypropylene product offerings, serving various sectors, including packaging, automotive, and consumer goods. Their focus on sustainability and technological advancements has positioned them as key players in the 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 Polypropylene Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polypropylene Market - Industry Life Cycle |
3.4 Thailand Polypropylene Market - Porter's Five Forces |
3.5 Thailand Polypropylene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Polypropylene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Thailand Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Polypropylene Market Trends |
6 Thailand Polypropylene Market, By Types |
6.1 Thailand Polypropylene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polypropylene Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Polypropylene Market Revenues & Volume, By Homopolymer, 2021-2031F |
6.1.4 Thailand Polypropylene Market Revenues & Volume, By Copolymer, 2021-2031F |
6.2 Thailand Polypropylene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polypropylene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Thailand Polypropylene Market Revenues & Volume, By Fiber & Raffia, 2021-2031F |
6.2.4 Thailand Polypropylene Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.5 Thailand Polypropylene Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.3 Thailand Polypropylene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polypropylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Thailand Polypropylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Thailand Polypropylene Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Thailand Polypropylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Thailand Polypropylene Market Revenues & Volume, By Medical, 2021-2031F |
7 Thailand Polypropylene Market Import-Export Trade Statistics |
7.1 Thailand Polypropylene Market Export to Major Countries |
7.2 Thailand Polypropylene Market Imports from Major Countries |
8 Thailand Polypropylene Market Key Performance Indicators |
9 Thailand Polypropylene Market - Opportunity Assessment |
9.1 Thailand Polypropylene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Polypropylene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Thailand Polypropylene Market - Competitive Landscape |
10.1 Thailand Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polypropylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |