Product Code: ETC426921 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Brass Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.16% in 2025 and reaches 14.18% by 2029.
The Brass market in Thailand is projected to grow at a growing growth rate of 5.42% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Brass is a versatile alloy widely used in industries such as plumbing, electrical, and musical instrument manufacturing. In Thailand, the brass market caters to both domestic consumption and exports. The country`s manufacturing sector, particularly in electrical and plumbing components, contributes to the steady demand for brass materials. With continuous industrial growth, the Thailand brass market maintains its significance.
The Thailand brass market benefits from its versatile applications across various industries. The construction and automotive sectors rely on brass components due to their corrosion resistance and durability. The growth in infrastructure projects and the automotive industry is a significant driver. Additionally, the rising demand for brass in electronics, plumbing, and decorative items further propels market growth.
The Thailand brass market confronts challenges related to material costs and environmental regulations. Brass production relies heavily on copper and zinc, both of which are subject to price fluctuations in the global market. Moreover, stringent environmental standards require brass manufacturers to invest in cleaner production processes, which can increase production costs. Balancing these cost factors while maintaining product quality is a significant challenge. Furthermore, competition from alternative materials like aluminum and plastic poses a threat to the brass market.
The Thailand brass market experienced fluctuations in demand during the pandemic. Industries such as construction and manufacturing, which use brass components, faced disruptions, impacting the demand for brass products. Additionally, supply chain disruptions affected the availability of raw materials for brass production. As economic activities picked up, the market started to recover, driven by the resumption of construction and manufacturing projects.
Leading players in the Thailand brass market include BrassMaster Co., Ltd., ThaiBrass Industries, and Precision Brass Solutions. These companies are known for their high-quality brass products, which find applications in diverse industries, including plumbing, electrical, and decorative arts. Their commitment to precision manufacturing and customer satisfaction has made them leaders in the brass market.
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 Brass Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Brass Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Brass Market - Industry Life Cycle |
3.4 Thailand Brass Market - Porter's Five Forces |
3.5 Thailand Brass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Brass Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Thailand Brass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for brass products in various industries such as construction, automotive, and electronics |
4.2.2 Growing focus on sustainable and eco-friendly materials, with brass being a recyclable and durable option |
4.2.3 Expansion of infrastructure projects and urbanization in Thailand driving the demand for brass components |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs and profit margins |
4.3.2 Competition from alternative materials like aluminum and plastic affecting market share |
4.3.3 Economic uncertainties and political instability leading to fluctuations in consumer spending and investment in brass products |
5 Thailand Brass Market Trends |
6 Thailand Brass Market, By Types |
6.1 Thailand Brass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Brass Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Brass Market Revenues & Volume, By Brass Wires, 2021-2031F |
6.1.4 Thailand Brass Market Revenues & Volume, By Brass Rods, 2021-2031F |
6.1.5 Thailand Brass Market Revenues & Volume, By Brass Strips, 2021-2031F |
6.2 Thailand Brass Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Thailand Brass Market Revenues & Volume, By Meshes, 2021-2031F |
6.2.3 Thailand Brass Market Revenues & Volume, By Springs, 2021-2031F |
6.2.4 Thailand Brass Market Revenues & Volume, By Cables and Wires, 2021-2031F |
6.2.5 Thailand Brass Market Revenues & Volume, By Mechanical Fasteners, 2021-2031F |
6.2.6 Thailand Brass Market Revenues & Volume, By Rivets, 2021-2031F |
6.2.7 Thailand Brass Market Revenues & Volume, By High-strength Welding Suture, 2021-2031F |
6.2.8 Thailand Brass Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.9 Thailand Brass Market Revenues & Volume, By Automotive, 2021-2031F |
7 Thailand Brass Market Import-Export Trade Statistics |
7.1 Thailand Brass Market Export to Major Countries |
7.2 Thailand Brass Market Imports from Major Countries |
8 Thailand Brass Market Key Performance Indicators |
8.1 Average selling price of brass products in the Thailand market |
8.2 Percentage of recycled brass used in manufacturing processes |
8.3 Number of new infrastructure projects utilizing brass components |
8.4 Percentage of market share held by brass products in key industries |
8.5 Customer satisfaction ratings for brass product quality and durability |
9 Thailand Brass Market - Opportunity Assessment |
9.1 Thailand Brass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Brass Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Thailand Brass Market - Competitive Landscape |
10.1 Thailand Brass Market Revenue Share, By Companies, 2024 |
10.2 Thailand Brass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |