| Product Code: ETC423441 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Thailand artificial abrasives market, the import trend showed a growth rate of 4.87% from 2023 to 2024, with a compound annual growth rate (CAGR) of 2.69% from 2020 to 2024. This upward import momentum can be attributed to increased demand for quality abrasives in manufacturing sectors, indicating market stability and sustained industry growth.
The artificial abrasives market in Thailand plays a crucial role in various industrial sectors, including manufacturing, construction, and automotive. Artificial abrasives such as abrasives wheels, sandpaper, and grinding tools are essential for material shaping, finishing, and surface preparation. Thailand growing industrial base and construction activities contribute to the steady demand for artificial abrasives. Manufacturers in the country are increasingly adopting advanced technologies to produce high-quality abrasive products, catering to both domestic and export markets. The market`s growth is closely tied to the overall economic development of Thailand and its role as a manufacturing and export hub in Southeast Asia.
The Thailand artificial abrasives market is driven by the country`s manufacturing and industrial sectors. Abrasives are essential in various applications, including metalworking, woodworking, and automotive manufacturing. The expansion of these industries contributes to the demand for high-quality abrasives. Technological advancements in abrasive materials and manufacturing processes enhance product performance and efficiency, attracting industries seeking precision and productivity. Additionally, the construction and renovation sectors require abrasives for tasks such as surface preparation and finishing. The market`s growth is also influenced by the increasing focus on quality and precision in manufacturing processes.
The Thailand artificial abrasives market faces challenges related to the quality and consistency of abrasive materials. Manufacturers need to invest in research and development to improve the performance of artificial abrasives to meet the demands of various industries. Price fluctuations in raw materials can also affect production costs and pricing. Moreover, environmental regulations may impose restrictions on the disposal of abrasive waste, necessitating sustainable practices in manufacturing.
The Thailand artificial abrasives market faced disruptions during the COVID-19 pandemic as industrial activities, construction, and manufacturing sectors experienced slowdowns and lockdowns. Reduced demand for abrasive materials in these sectors directly impacted the market. Additionally, supply chain disruptions affected the availability of raw materials and production processes. To mitigate the impact, some businesses in this market diversified into supplying abrasive materials for the production of personal protective equipment (PPE) and medical devices. The market had to adapt to changing industrial demands and explore new opportunities in non-traditional sectors.
The Thailand artificial abrasives market features companies like Saint-Gobain Abrasives (Thailand) Ltd., 3M Thailand Ltd., and local players like Thai GCI Resitop Co., Ltd. Saint-Gobain Abrasives is a global leader in abrasive products, offering a wide range of solutions for various industries. 3M Thailand, part of the renowned 3M conglomerate, provides abrasive materials and products for diverse applications. Thai GCI Resitop specializes in the production of grinding wheels and abrasive materials. These companies have contributed to the availability of high-quality abrasives for industrial and manufacturing processes in Thailand.
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 Artificial Abrasives Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Artificial Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Artificial Abrasives Market - Industry Life Cycle |
3.4 Thailand Artificial Abrasives Market - Porter's Five Forces |
3.5 Thailand Artificial Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Artificial Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Artificial Abrasives Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Thailand Artificial Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the construction and automotive industries in Thailand |
4.2.2 Increasing investments in infrastructure projects |
4.2.3 Technological advancements leading to improved product quality and efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental concerns and regulations regarding the use of artificial abrasives |
4.3.3 Competition from substitute products such as natural abrasives |
5 Thailand Artificial Abrasives Market Trends |
6 Thailand Artificial Abrasives Market, By Types |
6.1 Thailand Artificial Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Artificial Abrasives Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Artificial Abrasives Market Revenues & Volume, By Synthetic Diamond, 2021-2031F |
6.1.4 Thailand Artificial Abrasives Market Revenues & Volume, By Cbn, 2021-2031F |
6.1.5 Thailand Artificial Abrasives Market Revenues & Volume, By Silicon Nitride, 2021-2031F |
6.1.6 Thailand Artificial Abrasives Market Revenues & Volume, By Carbides, 2021-2031F |
6.1.7 Thailand Artificial Abrasives Market Revenues & Volume, By Ceramic Metal Oxides, 2021-2031F |
6.1.8 Thailand Artificial Abrasives Market Revenues & Volume, By Steel Abrasive, 2021-2031F |
6.2 Thailand Artificial Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Artificial Abrasives Market Revenues & Volume, By Raw Abrasives, 2021-2031F |
6.2.3 Thailand Artificial Abrasives Market Revenues & Volume, By Coatings, Cutting & Grinding, 2021-2031F |
6.2.4 Thailand Artificial Abrasives Market Revenues & Volume, By Lapping & Polishing, 2021-2031F |
6.2.5 Thailand Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Artificial Abrasives Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Thailand Artificial Abrasives Market Revenues & Volume, By Machinery, 2021-2031F |
6.3.3 Thailand Artificial Abrasives Market Revenues & Volume, By Electrical & Electronic Equipment, 2021-2031F |
6.3.4 Thailand Artificial Abrasives Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Thailand Artificial Abrasives Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.3.6 Thailand Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Artificial Abrasives Market Import-Export Trade Statistics |
7.1 Thailand Artificial Abrasives Market Export to Major Countries |
7.2 Thailand Artificial Abrasives Market Imports from Major Countries |
8 Thailand Artificial Abrasives Market Key Performance Indicators |
8.1 Research and development investment in new abrasive technologies |
8.2 Adoption rate of artificial abrasives in key industries |
8.3 Rate of innovation in product offerings and applications |
9 Thailand Artificial Abrasives Market - Opportunity Assessment |
9.1 Thailand Artificial Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Artificial Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Artificial Abrasives Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Thailand Artificial Abrasives Market - Competitive Landscape |
10.1 Thailand Artificial Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Thailand Artificial Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |