Product Code: ETC233425 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The adhesive resin market in Thailand is witnessing robust growth, driven by the expanding construction and packaging industries. Adhesive resins are essential components in the manufacturing of adhesives, coatings, and sealants. The growing construction projects and the packaging industry`s need for efficient bonding solutions are fueling the demand for adhesive resins in Thailand.
The Thailand Adhesive Resin Market is driven by the burgeoning construction and manufacturing sectors. Adhesive resins are essential in the assembly and bonding of various materials, including plastics, metals, and composites. The market growth is linked to the construction boom in Thailand, where adhesives are used extensively in building and infrastructure projects. Additionally, industries like automotive, electronics, and packaging rely on adhesive resins for their production processes. As the demand for lightweight and environmentally friendly materials increases, innovative adhesive resin formulations gain prominence in the market.
This market contends with challenges like the need for customization to meet diverse industrial requirements, environmental regulations regarding volatile organic compounds (VOCs), and competition from other adhesive solutions.
The Thailand Adhesive Resin Market faced a notable impact from the COVID-19 pandemic. The demand for adhesive resins, which are used in various industries including automotive, construction, and packaging, experienced a significant decline during the initial phases of the pandemic. This was primarily due to disruptions in supply chains and reduced economic activities. However, as the country gradually reopened and industries resumed operations, the market began to recover. Moreover, the increased emphasis on hygiene and safety measures led to a surge in demand for adhesive resins used in healthcare and packaging applications. The market is expected to continue its recovery and show resilience in the post-pandemic era.
The Thailand Adhesive Resin Market is dominated by multinational chemical corporations such as Henkel AG & Co. KGaA, 3M Company, and H.B. Fuller Company. These companies offer a wide range of adhesive resins used in industries like automotive, construction, and packaging. Their strong R&D capabilities, product innovation, and strategic partnerships with local distributors position them as leaders in the market, serving both domestic and international clients.
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 Adhesive Resin Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Adhesive Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Adhesive Resin Market - Industry Life Cycle |
3.4 Thailand Adhesive Resin Market - Porter's Five Forces |
3.5 Thailand Adhesive Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Thailand Adhesive Resin Market Revenues & Volume Share, By Formulating Technology, 2021 & 2031F |
3.7 Thailand Adhesive Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Adhesive Resin 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 adhesive resins |
4.2.2 Rising investments in infrastructure projects driving the consumption of adhesive resins |
4.2.3 Growing automotive industry in Thailand utilizing adhesive resins for lightweight and fuel-efficient vehicles |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of adhesive resins |
4.3.2 Environmental regulations and sustainability concerns influencing the choice of adhesive resins used |
4.3.3 Competition from substitute products affecting market penetration |
5 Thailand Adhesive Resin Market Trends |
6 Thailand Adhesive Resin Market, By Types |
6.1 Thailand Adhesive Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Adhesive Resin Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Thailand Adhesive Resin Market Revenues & Volume, By Polyacrylic Ester, 2021-2031F |
6.1.4 Thailand Adhesive Resin Market Revenues & Volume, By Polyvinyl Acetate, 2021-2031F |
6.1.5 Thailand Adhesive Resin Market Revenues & Volume, By Vinyl Acetate Ethylene, 2021-2031F |
6.1.6 Thailand Adhesive Resin Market Revenues & Volume, By Synthetic Rubber, 2021-2031F |
6.1.7 Thailand Adhesive Resin Market Revenues & Volume, By Polyamide, 2021-2031F |
6.1.8 Thailand Adhesive Resin Market Revenues & Volume, By Ethylene Vinyl Acetate, 2021-2031F |
6.1.9 Thailand Adhesive Resin Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Thailand Adhesive Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Adhesive Resin Market, By Formulating Technology |
6.2.1 Overview and Analysis |
6.2.2 Thailand Adhesive Resin Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.3 Thailand Adhesive Resin Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4 Thailand Adhesive Resin Market Revenues & Volume, By Hot Melt, 2021-2031F |
6.2.5 Thailand Adhesive Resin Market Revenues & Volume, By Reactive & Others, 2021-2031F |
6.3 Thailand Adhesive Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Adhesive Resin Market Revenues & Volume, By Paper & Packaging, 2021-2031F |
6.3.3 Thailand Adhesive Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Thailand Adhesive Resin Market Revenues & Volume, By Wood-working, 2021-2031F |
6.3.5 Thailand Adhesive Resin Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 Thailand Adhesive Resin Market Revenues & Volume, By Consumer/diy, 2021-2031F |
6.3.7 Thailand Adhesive Resin Market Revenues & Volume, By Leather & Footwear, 2021-2031F |
7 Thailand Adhesive Resin Market Import-Export Trade Statistics |
7.1 Thailand Adhesive Resin Market Export to Major Countries |
7.2 Thailand Adhesive Resin Market Imports from Major Countries |
8 Thailand Adhesive Resin Market Key Performance Indicators |
8.1 Percentage increase in the number of construction permits issued in Thailand |
8.2 Adoption rate of adhesive resin technology in the automotive sector |
8.3 Number of research and development partnerships for eco-friendly adhesive resin formulations |
9 Thailand Adhesive Resin Market - Opportunity Assessment |
9.1 Thailand Adhesive Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Thailand Adhesive Resin Market Opportunity Assessment, By Formulating Technology, 2021 & 2031F |
9.3 Thailand Adhesive Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Adhesive Resin Market - Competitive Landscape |
10.1 Thailand Adhesive Resin Market Revenue Share, By Companies, 2024 |
10.2 Thailand Adhesive Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |