Product Code: ETC128304 | 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 acetic acids market in Thailand is a significant segment within the country`s chemical and industrial sectors. Acetic acid is a key chemical used in various industries, including chemical manufacturing, food and beverage, pharmaceuticals, and textiles. With the increasing demand for acetic acid as a versatile solvent, preservative, and intermediate in chemical processes, the market has witnessed steady growth in Thailand. The market includes both glacial acetic acid and diluted acetic acid solutions, catering to different industrial and commercial applications.
Several drivers have contributed to the growth of the acetic acids market in Thailand. Firstly, the expanding chemical industry in the country has driven the demand for acetic acid as a raw material for the production of various chemicals and derivatives. Secondly, the food and beverage sector`s growth has increased the use of acetic acid as a food preservative and flavoring agent. Additionally, the increasing adoption of acetic acid in pharmaceutical formulations and textile processing has further boosted the market growth.
Despite the positive market trends, the acetic acids industry in Thailand faces certain challenges. One of the key challenges is the volatility in raw material prices, as acetic acid is primarily produced from methanol and carbon monoxide. Ensuring stable sourcing and pricing of raw materials is crucial for maintaining product cost and competitiveness. Moreover, environmental and safety regulations related to acetic acid handling and storage can influence manufacturing processes and product quality. Additionally, ensuring product consistency and quality standards is essential for meeting customer requirements across different industries.
The outbreak of the Covid-19 pandemic had an impact on the acetic acids market in Thailand. With changes in consumer behavior and disruptions in industrial activities during lockdowns, there were challenges in the sales and distribution of acetic acid, especially in non-essential sectors. However, as economic activities resumed and industries adapted to new safety protocols, the market for acetic acids showed signs of recovery. The pandemic also highlighted the importance of acetic acid as a key chemical in critical industries, including healthcare and disinfection.
Thailand Acetic Acids |
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 Acetic Acids Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acetic Acids Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acetic Acids Market - Industry Life Cycle |
3.4 Thailand Acetic Acids Market - Porter's Five Forces |
3.5 Thailand Acetic Acids Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Acetic Acids Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Thailand Acetic Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Acetic Acids Market Trends |
6 Thailand Acetic Acids Market, By Types |
6.1 Thailand Acetic Acids Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acetic Acids Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Acetic Acids Market Revenues & Volume, By Vinyl Acetate Monomer (VAM), 2021-2031F |
6.1.4 Thailand Acetic Acids Market Revenues & Volume, By Purified Terephthalic Acid (PTA), 2021-2031F |
6.1.5 Thailand Acetic Acids Market Revenues & Volume, By Acetate Esters, 2021-2031F |
6.1.6 Thailand Acetic Acids Market Revenues & Volume, By Acetic Anhydride, 2021-2031F |
6.1.7 Thailand Acetic Acids Market Revenues & Volume, By Other Applications, 2021-2031F |
6.2 Thailand Acetic Acids Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acetic Acids Market Revenues & Volume, By Plastics and Polymers, 2021-2031F |
6.2.3 Thailand Acetic Acids Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.4 Thailand Acetic Acids Market Revenues & Volume, By Inks, Paints, and Coatings, 2021-2031F |
6.2.5 Thailand Acetic Acids Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.6 Thailand Acetic Acids Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Thailand Acetic Acids Market Import-Export Trade Statistics |
7.1 Thailand Acetic Acids Market Export to Major Countries |
7.2 Thailand Acetic Acids Market Imports from Major Countries |
8 Thailand Acetic Acids Market Key Performance Indicators |
9 Thailand Acetic Acids Market - Opportunity Assessment |
9.1 Thailand Acetic Acids Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Acetic Acids Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Thailand Acetic Acids Market - Competitive Landscape |
10.1 Thailand Acetic Acids Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acetic Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |