Thailand Alkyd Adhesives Market (2025-2031) Outlook | Analysis, Revenue, Share, Trends, Size, Forecast, Companies, Growth, Industry & Value

Thailand Alkyd Adhesives Market Synopsis

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.

Drivers of the Market

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 of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in the Market

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.

Key Highlights of the Report:

• Thailand Alkyd Adhesives Market Outlook
• Market Size of Thailand Alkyd Adhesives Market, 2024
• Forecast of Thailand Alkyd Adhesives Market, 2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Revenues & Volume for the Period 2021-2031
• Thailand Alkyd Adhesives Market Trend Evolution
• Thailand Alkyd Adhesives Market Drivers and Challenges
• Thailand Alkyd Adhesives Price Trends
• Thailand Alkyd Adhesives Porter's Five Forces
• Thailand Alkyd Adhesives Industry Life Cycle
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Products for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Dry alkyd resin adhesive for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Don't be alkyd resin adhesive for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Coating for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Printing ink for the Period 2021-2031
• Historical Data and Forecast of Thailand Alkyd Adhesives Market Revenues & Volume By Adhesive for the Period 2021-2031
• Thailand Alkyd Adhesives Import Export Trade Statistics
• Market Opportunity Assessment By Products
• Market Opportunity Assessment By Applications
• Thailand Alkyd Adhesives Top Companies Market Share
• Thailand Alkyd Adhesives Competitive Benchmarking By Technical and Operational Parameters
• Thailand Alkyd Adhesives Company Profiles
• Thailand Alkyd Adhesives Key Strategic Recommendations