Product Code: ETC4475006 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Thailand Blowing Agent Market is a critical component of the plastics and foaming industries, providing chemicals that generate gas to create foam or cellular structures in various materials. Blowing agents are used in applications such as insulation, packaging, and automotive components. With sustainability and energy efficiency in mind, this market continually seeks environmentally friendly alternatives while meeting the diverse needs of industries utilizing foamed materials.
The Blowing Agent market in Thailand is experiencing significant growth, driven by the demand for lightweight and energy-efficient materials in the construction and automotive industries. Blowing agents, such as foaming agents and gas-releasing agents, are used to create cellular structures in polymers, resulting in foams with reduced density. With Thailand commitment to sustainable building practices and energy conservation, the blowing agent market is expanding, supported by innovations in foaming technologies and the adoption of eco-friendly blowing agent formulations.
The Thailand Blowing Agent Market encounters challenges related to environmental sustainability and regulatory compliance. With increasing awareness of the environmental impact of blowing agents, market players must invest in developing and adopting eco-friendly alternatives. Moreover, stringent regulations on the use of certain blowing agents due to their potential adverse effects on the ozone layer contribute to market challenges. Navigating these regulatory landscapes and transitioning to sustainable blowing agents are imperative for the long-term success of companies in this market.
The Thailand Blowing Agent market demonstrated resilience during the COVID-19 pandemic as industries continued to seek solutions for lightweight and energy-efficient materials. The demand for blowing agents, including hydrocarbons and hydrofluorocarbons, remained essential. Challenges related to disruptions in industrial operations influenced market dynamics. However, companies in this sector adapted by providing environmentally friendly blowing agents and collaborating with manufacturers. The market showcased resilience by contributing to the production of foamed plastics with enhanced insulation and energy-saving properties.
In the realm of blowing agents in Thailand, Dynamic Chemicals Ltd. takes center stage. The company strategic focus on delivering eco-friendly blowing agents has positioned it as a major player in the market. Dynamic Chemicals Ltd. is recognized for its consistent efforts in developing blowing agents that not only meet regulatory standards but also address the industry growing emphasis on sustainability and environmental responsibility.
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 Blowing Agent Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Blowing Agent Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Blowing Agent Market - Industry Life Cycle |
3.4 Thailand Blowing Agent Market - Porter's Five Forces |
3.5 Thailand Blowing Agent Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Blowing Agent Market Revenues & Volume Share, By Foam, 2021 & 2031F |
4 Thailand Blowing Agent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable blowing agents due to increasing environmental regulations and awareness. |
4.2.2 Expansion of end-use industries such as construction, automotive, and electronics driving the demand for blowing agents. |
4.2.3 Technological advancements in blowing agent manufacturing leading to improved product performance and efficiency. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of blowing agents. |
4.3.2 Volatility in global oil prices affecting the overall pricing of blowing agents. |
4.3.3 Stringent regulations on the use of certain blowing agents due to their environmental impact. |
5 Thailand Blowing Agent Market Trends |
6 Thailand Blowing Agent Market, By Types |
6.1 Thailand Blowing Agent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Blowing Agent Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Blowing Agent Market Revenues & Volume, By HC, 2021-2031F |
6.1.4 Thailand Blowing Agent Market Revenues & Volume, By HFC, 2021-2031F |
6.1.5 Thailand Blowing Agent Market Revenues & Volume, By HCFC, 2021-2031F |
6.1.6 Thailand Blowing Agent Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Blowing Agent Market, By Foam |
6.2.1 Overview and Analysis |
6.2.2 Thailand Blowing Agent Market Revenues & Volume, By Polyurethane Foam (PU), 2021-2031F |
6.2.3 Thailand Blowing Agent Market Revenues & Volume, By Polystyrene Foam (PS), 2021-2031F |
6.2.4 Thailand Blowing Agent Market Revenues & Volume, By Phenolic Foam, 2021-2031F |
6.2.5 Thailand Blowing Agent Market Revenues & Volume, By Polyolefin Foam, 2021-2031F |
6.2.6 Thailand Blowing Agent Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Blowing Agent Market Import-Export Trade Statistics |
7.1 Thailand Blowing Agent Market Export to Major Countries |
7.2 Thailand Blowing Agent Market Imports from Major Countries |
8 Thailand Blowing Agent Market Key Performance Indicators |
8.1 Research and development investment in new eco-friendly blowing agent technologies. |
8.2 Adoption rate of sustainable blowing agents by key industries. |
8.3 Number of patents filed for innovative blowing agent manufacturing processes. |
8.4 Percentage of blowing agent manufacturers using renewable energy sources in production. |
8.5 Compliance rate with environmental regulations among blowing agent producers. |
9 Thailand Blowing Agent Market - Opportunity Assessment |
9.1 Thailand Blowing Agent Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Blowing Agent Market Opportunity Assessment, By Foam, 2021 & 2031F |
10 Thailand Blowing Agent Market - Competitive Landscape |
10.1 Thailand Blowing Agent Market Revenue Share, By Companies, 2024 |
10.2 Thailand Blowing Agent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |