| Product Code: ETC190297 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Thailand import trend for the acid anhydrides market experienced a decline from 2023 to 2024, with a growth rate of -9.27%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 2.24%. This decline in import momentum can be attributed to shifting demand patterns or changes in market dynamics impacting trade flows.
The Thailand acid anhydride market was valued at US$ 8.4 million in 2025 and is expected to reach a value of US$ 10.7 million, registering a CAGR of 4.2% over the forecast period. The major factors driving the growth of this market are increasing demand from oil & gas industry and production expansion activities for hydrocarbons & polymers with subsequent increase in the usage of acid anhydride derivatives.
The acid anhydrides market benefits from their use as chemical building blocks in various applications, including plastics, resins, and pharmaceuticals. The versatility and reactivity of acid anhydrides drive demand.
Challenges in the acid anhydrides market include price volatility of raw materials, maintaining product quality, and addressing environmental and safety regulations associated with the production and handling of these chemicals.
The pandemic`s disruptions had varying effects on the acid anhydrides market. While demand remained stable for certain applications, supply chain interruptions occasionally led to challenges in sourcing raw materials, impacting production schedules and availability. Industries that heavily rely on acid anhydrides, such as chemical manufacturing and plastics production, experienced adjustments due to the evolving market dynamics.
In the Thailand acid anhydrides market, entities like Indorama Ventures Public Co., Ltd., are involved in producing acid anhydrides used in various chemical processes and applications.
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 Acid Anhydrides Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acid Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acid Anhydrides Market - Industry Life Cycle |
3.4 Thailand Acid Anhydrides Market - Porter's Five Forces |
3.5 Thailand Acid Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Acid Anhydrides Market Revenues & Volume Share, By composition, 2021 & 2031F |
3.7 Thailand Acid Anhydrides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Thailand Acid Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Thailand leading to increased demand for acid anhydrides in paints, coatings, and adhesives. |
4.2.2 Expansion of the automotive sector in Thailand driving the demand for acid anhydrides in manufacturing processes. |
4.2.3 Rising demand for electronics and electrical equipment in Thailand requiring acid anhydrides for the production of printed circuit boards. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of acid anhydrides impacting the overall production costs. |
4.3.2 Stringent environmental regulations in Thailand leading to increased compliance costs for manufacturers of acid anhydrides. |
5 Thailand Acid Anhydrides Market Trends |
6 Thailand Acid Anhydrides Market, By Types |
6.1 Thailand Acid Anhydrides Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acid Anhydrides Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Acid Anhydrides Market Revenues & Volume, By Pesticides, 2021-2031F |
6.1.4 Thailand Acid Anhydrides Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Thailand Acid Anhydrides Market Revenues & Volume, By Dyes & Pigments, 2021-2031F |
6.1.6 Thailand Acid Anhydrides Market Revenues & Volume, By Additives, 2021-2031F |
6.1.7 Thailand Acid Anhydrides Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.8 Thailand Acid Anhydrides Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Acid Anhydrides Market, By composition |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acid Anhydrides Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2.3 Thailand Acid Anhydrides Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Thailand Acid Anhydrides Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Acid Anhydrides Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Thailand Acid Anhydrides Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Thailand Acid Anhydrides Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Thailand Acid Anhydrides Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.6 Thailand Acid Anhydrides Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Thailand Acid Anhydrides Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Thailand Acid Anhydrides Market Import-Export Trade Statistics |
7.1 Thailand Acid Anhydrides Market Export to Major Countries |
7.2 Thailand Acid Anhydrides Market Imports from Major Countries |
8 Thailand Acid Anhydrides Market Key Performance Indicators |
8.1 Average selling price of acid anhydrides in Thailand. |
8.2 Capacity utilization rate of acid anhydride manufacturing facilities in Thailand. |
8.3 Number of new product developments or innovations in the acid anhydrides market in Thailand. |
9 Thailand Acid Anhydrides Market - Opportunity Assessment |
9.1 Thailand Acid Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Acid Anhydrides Market Opportunity Assessment, By composition, 2021 & 2031F |
9.3 Thailand Acid Anhydrides Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Thailand Acid Anhydrides Market - Competitive Landscape |
10.1 Thailand Acid Anhydrides Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acid Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |