| Product Code: ETC233485 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Alkyd adhesives play a significant role in the woodworking and furniture manufacturing sectors in Thailand. These adhesives are known for their strong bonding properties and resistance to environmental factors. As the furniture industry continues to flourish in Thailand, the alkyd adhesive market is expected to thrive.
The Thailand Alkyd Adhesives Market is primarily driven by its versatile applications in coatings and construction materials. Alkyd adhesives are valued for their strong bonding properties and resistance to environmental factors. The construction industry`s growth and the need for durable coatings contribute significantly to the market`s expansion. Alkyd adhesives are also used in woodwork, automotive refinishing, and industrial maintenance. Their adaptability to various substrates and surfaces makes them a preferred choice in numerous industries, further boosting their demand.
Challenges include competition from alternative adhesive technologies, fluctuating raw material prices, and the need for product development to cater to specific industry applications and environmental concerns.
The Thailand Alkyd Adhesives Market encountered several challenges as a result of the COVID-19 pandemic. The restrictions on movement and lockdown measures severely affected the construction and automotive sectors, which are major consumers of alkyd adhesives. This led to a decline in demand for these adhesives during the initial stages of the pandemic. Additionally, supply chain disruptions further exacerbated the situation. Nevertheless, with the gradual easing of restrictions and the revival of construction and manufacturing activities, the market began to bounce back. Furthermore, the market witnessed a shift towards eco-friendly and sustainable adhesives, reflecting changing consumer preferences during the pandemic.
The Thailand Alkyd Adhesives Market is driven by companies like SCG Chemicals and Indorama Ventures. These firms specialize in producing alkyd adhesives used in the coatings and paints industry. They have established a strong presence due to their product quality, technical expertise, and commitment to sustainability. As the demand for eco-friendly adhesives increases, these leading players are at the forefront of innovation.
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 Alkyd Adhesives Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Alkyd Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Alkyd Adhesives Market - Industry Life Cycle |
3.4 Thailand Alkyd Adhesives Market - Porter's Five Forces |
3.5 Thailand Alkyd Adhesives Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Thailand Alkyd Adhesives Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Alkyd Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for alkyd adhesives in the construction industry due to their high strength and durability. |
4.2.2 Increasing adoption of alkyd adhesives in automotive manufacturing for bonding various components. |
4.2.3 Favorable government initiatives promoting the use of eco-friendly and sustainable adhesives. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of alkyd adhesives. |
4.3.2 Intense competition from alternative adhesive products such as acrylic and epoxy adhesives. |
4.3.3 Regulatory challenges related to environmental concerns and emissions from alkyd adhesives production. |
5 Thailand Alkyd Adhesives Market Trends |
6 Thailand Alkyd Adhesives Market, By Types |
6.1 Thailand Alkyd Adhesives Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Thailand Alkyd Adhesives Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 Thailand Alkyd Adhesives Market Revenues & Volume, By Dry alkyd resin adhesive, 2021-2031F |
6.1.4 Thailand Alkyd Adhesives Market Revenues & Volume, By Don't be alkyd resin adhesive, 2021-2031F |
6.2 Thailand Alkyd Adhesives Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Alkyd Adhesives Market Revenues & Volume, By Coating, 2021-2031F |
6.2.3 Thailand Alkyd Adhesives Market Revenues & Volume, By Printing ink, 2021-2031F |
6.2.4 Thailand Alkyd Adhesives Market Revenues & Volume, By Adhesive, 2021-2031F |
7 Thailand Alkyd Adhesives Market Import-Export Trade Statistics |
7.1 Thailand Alkyd Adhesives Market Export to Major Countries |
7.2 Thailand Alkyd Adhesives Market Imports from Major Countries |
8 Thailand Alkyd Adhesives Market Key Performance Indicators |
8.1 Research and development investment in innovative alkyd adhesive formulations. |
8.2 Adoption rate of alkyd adhesives in key end-user industries. |
8.3 Environmental sustainability metrics related to alkyd adhesives production processes. |
9 Thailand Alkyd Adhesives Market - Opportunity Assessment |
9.1 Thailand Alkyd Adhesives Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Thailand Alkyd Adhesives Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Alkyd Adhesives Market - Competitive Landscape |
10.1 Thailand Alkyd Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Thailand Alkyd Adhesives 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.
To discover high-growth global markets and optimize your business strategy:
Click Here