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

Thailand Borax Market Synopsis

The borax market in Thailand is driven mainly by the growing demand for specialty glass products like LCDs that require borate flux agents during their manufacturing process. According to the Industrial Economics & Knowledge Center (IEK), imports of borax into Thailand grew steadily over 2015-19 with an average annual growth rate of 6%. In 2025 alone, more than 56 thousand tonnes worth US$ 64 million were imported into Thailand out of which 84% was sourced from China followed by Turkey at 12%.

Drivers of the Market

In the Thailand borax market, the versatile uses of borax as a cleaning agent, flux in metallurgy, and in ceramic and glass production contribute to sustained demand. Its role as an environmentally friendly alternative in various applications is also a driving factor.

Challenges of the Market

The Thailand borax market faces challenges related to regulatory changes and safety considerations. Stringent regulations on chemical substances impact borax`s applications and require continuous monitoring and adaptation.

COVID-19 Impact on the Market

Shifts in consumer behavior and economic uncertainty affected the demand for borax, used in various industrial applications. The closure of factories and disruptions in logistics impacted the market`s supply side.

Key Players in the Market

For the Thailand borax market, companies like Thai Borax Co., Ltd., are involved in producing and supplying borax and related products used in various industrial applications, including glass production and cleaning agents.

Key Highlights of the Report:

• Thailand Borax Market Outlook
• Market Size of Thailand Borax Market, 2024
• Forecast of Thailand Borax Market, 2031
• Historical Data and Forecast of Thailand Borax Revenues & Volume for the Period 2021-2031
• Thailand Borax Market Trend Evolution
• Thailand Borax Market Drivers and Challenges
• Thailand Borax Price Trends
• Thailand Borax Porter's Five Forces
• Thailand Borax Industry Life Cycle
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Anhydrous Borax for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Borax Pentahydrate for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Borax Decahydrate for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Agriculture for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Transportation for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Building and Construction for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Detergents for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Healthcare for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Electronics for the Period 2021-2031
• Historical Data and Forecast of Thailand Borax Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Borax Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Applications
• Thailand Borax Top Companies Market Share
• Thailand Borax Competitive Benchmarking By Technical and Operational Parameters
• Thailand Borax Company Profiles
• Thailand Borax Key Strategic Recommendations