Product Code: ETC089324 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Acrylic acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 2.91% in 2025 and reaches 15.04% by 2029.
By 2027, the Acrylic acid market in Thailand is anticipated to reach a growth rate of 5.62%, 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.
The Thailand acrylic acid market size is estimated to be USD 4.07 billion in 2025 and is projected to reach USD 5.55, growing at a CAGR of 6.7%. The major factor driving the growth of the market is increasing construction activities due to rapid urbanization in developing countries such as China and India. Additionally, rising demand for automotive paints & coatings in Asia-Pacific region are anticipated to further drive the growth of the global acrylic acid market during this period.
The acrylic acid market in Thailand is influenced by its wide range of applications in industries like adhesives, textiles, paints, and coatings. As industrial production and construction activities continue to grow, the demand for acrylic acid-based products increases. Additionally, the shift towards eco-friendly and sustainable products is driving the adoption of bio-based acrylic acids.
The Thailand acrylic acid market faces challenges related to feedstock availability and environmental impact. Acrylic acid is a key chemical used in the production of various polymers. Challenges include sourcing sufficient raw materials and minimizing the carbon footprint associated with acrylic acid production processes.
The acrylic acid market witnessed mixed effects. While the initial disruption hampered production, the market later recovered due to the increased demand for hygiene products like sanitizers and disinfectants.
Acrylic acid finds use in various products, including adhesives and coatings. Key players could be BASF, Dow Chemical Company, and Nippon Shokubai.
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 Acrylic acid Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acrylic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acrylic acid Market - Industry Life Cycle |
3.4 Thailand Acrylic acid Market - Porter's Five Forces |
3.5 Thailand Acrylic acid Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Acrylic acid Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Thailand Acrylic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Acrylic acid Market Trends |
6 Thailand Acrylic acid Market, By Types |
6.1 Thailand Acrylic acid Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acrylic acid Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Thailand Acrylic acid Market Revenues & Volume, By Acrylate Esters, 2018 - 2031F |
6.1.4 Thailand Acrylic acid Market Revenues & Volume, By Glacial Acrylic Acid, 2018 - 2031F |
6.1.5 Thailand Acrylic acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Thailand Acrylic acid Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acrylic acid Market Revenues & Volume, By Surfactants and Surface Coatings, 2018 - 2031F |
6.2.3 Thailand Acrylic acid Market Revenues & Volume, By Organic Chemicals, 2018 - 2031F |
6.2.4 Thailand Acrylic acid Market Revenues & Volume, By Water Filtration, 2018 - 2031F |
6.2.5 Thailand Acrylic acid Market Revenues & Volume, By Adhesives and Sealants, 2018 - 2031F |
6.2.6 Thailand Acrylic acid Market Revenues & Volume, By Textiles, 2018 - 2031F |
6.2.7 Thailand Acrylic acid Market Revenues & Volume, By Water Treatment, 2018 - 2031F |
6.2.8 Thailand Acrylic acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.2.9 Thailand Acrylic acid Market Revenues & Volume, By Others, 2018 - 2031F |
7 Thailand Acrylic acid Market Import-Export Trade Statistics |
7.1 Thailand Acrylic acid Market Export to Major Countries |
7.2 Thailand Acrylic acid Market Imports from Major Countries |
8 Thailand Acrylic acid Market Key Performance Indicators |
9 Thailand Acrylic acid Market - Opportunity Assessment |
9.1 Thailand Acrylic acid Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Acrylic acid Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Thailand Acrylic acid Market - Competitive Landscape |
10.1 Thailand Acrylic acid Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acrylic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |