Product Code: ETC065924 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Acrylic Resins Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.19% in 2025 and reaches 13.12% by 2029.
In the Asia region, the Acrylic Resins market in Thailand is projected to expand at a growing growth rate of 5.08% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand acrylic resins market is projected to experience growth in the coming years. Acrylic resins are versatile materials widely used in various industries, including paints and coatings, adhesives, and construction. The market`s expansion is driven by the increasing demand for acrylic resins in different applications and the growth of end-user industries in Thailand.
One of the key drivers of the Thailand acrylic resins market is the growing demand for acrylic-based paints and coatings. Acrylic resins offer excellent weather resistance, durability, and color retention, making them suitable for architectural and industrial coatings. Moreover, the construction industry`s growth in Thailand contributes to the demand for acrylic resins in applications such as sealants, adhesives, and decorative coatings. Additionally, the increasing use of acrylic resins in the automotive and electronics sectors for manufacturing components and parts further fuels market growth.
The Thailand acrylic resins market faces challenges related to price fluctuations and competition from alternative materials. The cost of raw materials used in acrylic resin production can be volatile, impacting the pricing of acrylic resin products. Another challenge is the need for meeting environmental regulations and sustainability requirements in the production of acrylic resins.
The Covid-19 pandemic had an impact on the Thailand acrylic resins market. During the pandemic, disruptions in manufacturing and supply chains may have temporarily affected the demand for acrylic resins. However, as economic activities resume and industries recover, the demand for acrylic resins is expected to rebound. The versatility and applicability of acrylic resins in various industrial sectors remain relevant, driving the market`s growth in the post-pandemic period.
Key players in the Thailand acrylic resins market play a critical role in providing high-quality and innovative products. Some key players in the market include PTT Global Chemical Public Company Limited, SCG Chemicals Co., Ltd., and Indorama Ventures Public Company Limited. These companies offer a range of acrylic resins, including acrylic emulsions, solvent-based resins, and specialty resins, to cater to the diverse needs of customers in Thailand. As the demand for acrylic-based products continues to grow, these key players are expected to remain influential in shaping the acrylic resins market in the country.
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 Resins Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acrylic Resins Market - Industry Life Cycle |
3.4 Thailand Acrylic Resins Market - Porter's Five Forces |
3.5 Thailand Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Thailand Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Acrylic Resins Market Trends |
6 Thailand Acrylic Resins Market, By Types |
6.1 Thailand Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acrylic Resins Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Thailand Acrylic Resins Market Revenues & Volume, By Methacrylates, 2018 - 2031F |
6.1.4 Thailand Acrylic Resins Market Revenues & Volume, By Acrylates, 2018 - 2031F |
6.1.5 Thailand Acrylic Resins Market Revenues & Volume, By Hybrids, 2018 - 2031F |
6.2 Thailand Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2018 - 2031F |
6.2.3 Thailand Acrylic Resins Market Revenues & Volume, By Thermosetting, 2018 - 2031F |
6.3 Thailand Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2018 - 2031F |
6.3.3 Thailand Acrylic Resins Market Revenues & Volume, By Construction, 2018 - 2031F |
6.3.4 Thailand Acrylic Resins Market Revenues & Volume, By Medical, 2018 - 2031F |
6.3.5 Thailand Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2018 - 2031F |
6.3.6 Thailand Acrylic Resins Market Revenues & Volume, By Textiles, 2018 - 2031F |
6.3.7 Thailand Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2018 - 2031F |
7 Thailand Acrylic Resins Market Import-Export Trade Statistics |
7.1 Thailand Acrylic Resins Market Export to Major Countries |
7.2 Thailand Acrylic Resins Market Imports from Major Countries |
8 Thailand Acrylic Resins Market Key Performance Indicators |
9 Thailand Acrylic Resins Market - Opportunity Assessment |
9.1 Thailand Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Thailand Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Acrylic Resins Market - Competitive Landscape |
10.1 Thailand Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |