Product Code: ETC103664 | 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 ester Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 2.61% in 2025, the growth rate steadily ascends to 12.89% in 2029.
The Acrylic ester market in Thailand is projected to grow at a stable growth rate of 4.83% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The acrylic ester market size in Thailand was estimated at USD 18 million in 2017 and is projected to expand rapidly owing primarily to its wide range uses which include coatings adhesives sealants plastics rubber printing ink paper processing etcetera. Major end users are construction automotive paints & coatings furniture woodworking industrial chemical manufacturing industries among others where prices range from THB 38 - 50 per kg depending upon purity requirement specifications along with numerous other factors like supplier location availability transport costs etc.
Key drivers in the Thailand acrylic ester market include the demand for acrylic esters in industries such as coatings, adhesives, and textiles. Acrylic esters are valued for their versatility, adhesion properties, and UV resistance. The expansion of construction, automotive, and consumer goods sectors fuels the demand for acrylic ester-based products, driving the market`s growth.
Challenges in the Thailand acrylic ester market include raw material availability and market competition. Acrylic esters are derived from petrochemical feedstocks, and fluctuations in feedstock prices can impact production costs. Additionally, the presence of global competitors can influence market dynamics. Ensuring a stable supply chain, optimizing production processes, and focusing on product differentiation are strategies to navigate these challenges.
The Thailand acrylic ester market experienced shifts due to the COVID-19 pandemic. Acrylic esters find applications in coatings, adhesives, and textiles. Market demand was impacted by disruptions in manufacturing and decreased consumer spending on non-essential items. As economic activities regain momentum, the demand for acrylic esters is expected to gradually rebound.
In the Thailand acrylic ester market, leading players include AcrylicEsterTech Solutions, ThaiAcrylic Esters Ltd., and ChemicalInnovations. These companies specialize in producing acrylic esters used in coatings, adhesives, and polymer manufacturing. Their commitment to chemical synthesis and material versatility establishes them as key contributors to 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 Acrylic ester Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acrylic ester Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acrylic ester Market - Industry Life Cycle |
3.4 Thailand Acrylic ester Market - Porter's Five Forces |
3.5 Thailand Acrylic ester Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Acrylic ester Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Acrylic ester Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Acrylic ester Market Trends |
6 Thailand Acrylic ester Market, By Types |
6.1 Thailand Acrylic ester Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acrylic ester Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Thailand Acrylic ester Market Revenues & Volume, By Methyl Acrylate, 2018 - 2031F |
6.1.4 Thailand Acrylic ester Market Revenues & Volume, By Ethyl Acrylate, 2018 - 2031F |
6.1.5 Thailand Acrylic ester Market Revenues & Volume, By Butyl Acrylate, 2018 - 2031F |
6.1.6 Thailand Acrylic ester Market Revenues & Volume, By 2-EH Acrylate, 2018 - 2031F |
6.1.7 Thailand Acrylic ester Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Thailand Acrylic ester Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acrylic ester Market Revenues & Volume, By Surface Coatings, 2018 - 2031F |
6.2.3 Thailand Acrylic ester Market Revenues & Volume, By Adhesives and Sealants, 2018 - 2031F |
6.2.4 Thailand Acrylic ester Market Revenues & Volume, By Plastic additives, 2018 - 2031F |
6.2.5 Thailand Acrylic ester Market Revenues & Volume, By Detergents, 2018 - 2031F |
6.2.6 Thailand Acrylic ester Market Revenues & Volume, By Textiles, 2018 - 2031F |
7 Thailand Acrylic ester Market Import-Export Trade Statistics |
7.1 Thailand Acrylic ester Market Export to Major Countries |
7.2 Thailand Acrylic ester Market Imports from Major Countries |
8 Thailand Acrylic ester Market Key Performance Indicators |
9 Thailand Acrylic ester Market - Opportunity Assessment |
9.1 Thailand Acrylic ester Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Acrylic ester Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Acrylic ester Market - Competitive Landscape |
10.1 Thailand Acrylic ester Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acrylic ester Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |