| Product Code: ETC089324 | Publication Date: Jun 2021 | Updated Date: Mar 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for acrylic acid in 2024 exhibited a notable growth rate of 61.48% compared to 2023, with a compound annual growth rate (CAGR) of 3.69% for the period 2020-2024. This surge in imports can be attributed to a significant shift in demand dynamics within the market, potentially influenced by evolving trade policies or market recovery efforts.

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, 2022 & 2032F |
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, 2022 & 2032F |
3.6 Thailand Acrylic acid Market Revenues & Volume Share, By End-users, 2022 & 2032F |
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, 2022-2032F |
6.1.3 Thailand Acrylic acid Market Revenues & Volume, By Acrylate Esters, 2022-2032F |
6.1.4 Thailand Acrylic acid Market Revenues & Volume, By Glacial Acrylic Acid, 2022-2032F |
6.1.5 Thailand Acrylic acid Market Revenues & Volume, By Others, 2022-2032F |
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, 2022-2032F |
6.2.3 Thailand Acrylic acid Market Revenues & Volume, By Organic Chemicals, 2022-2032F |
6.2.4 Thailand Acrylic acid Market Revenues & Volume, By Water Filtration, 2022-2032F |
6.2.5 Thailand Acrylic acid Market Revenues & Volume, By Adhesives and Sealants, 2022-2032F |
6.2.6 Thailand Acrylic acid Market Revenues & Volume, By Textiles, 2022-2032F |
6.2.7 Thailand Acrylic acid Market Revenues & Volume, By Water Treatment, 2022-2032F |
6.2.8 Thailand Acrylic acid Market Revenues & Volume, By Others, 2022-2032F |
6.2.9 Thailand Acrylic acid Market Revenues & Volume, By Others, 2022-2032F |
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, 2022 & 2032F |
9.2 Thailand Acrylic acid Market Opportunity Assessment, By End-users, 2022 & 2032F |
10 Thailand Acrylic acid Market - Competitive Landscape |
10.1 Thailand Acrylic acid Market Revenue Share, By Companies, 2025 |
10.2 Thailand Acrylic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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