| Product Code: ETC4499786 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for carbon fiber and carbon fiber reinforced plastic market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -88.46% from 2020 to 2024. This sharp decrease in imports could be attributed to various factors such as shifting demand dynamics or market instability, impacting the trade performance in this sector.
Carbon fiber and carbon fiber-reinforced plastics (CFRP) are crucial in high-performance applications across industries such as aerospace, automotive, and sporting goods. The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market are expanding as industries seek lightweight and strong materials to enhance their products. The versatility and superior properties of carbon fiber and CFRP make them integral to innovation and competitiveness.
The Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market in Thailand are witnessing significant growth, driven by the increasing demand for lightweight and high-strength materials in aerospace, automotive, and sporting goods applications. Carbon fiber, known for its exceptional strength-to-weight ratio, is gaining prominence for its role in manufacturing CFRP composites. The growth of the aerospace and automotive industries, the rising trend of lightweighting, and the need for fuel-efficient transportation in Thailand are contributing to the adoption of carbon fiber and CFRP. Moreover, the focus on material efficiency and the advancements in carbon fiber production technologies are further propelling the positive trajectory of the carbon fiber and CFRP market.
The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic market face challenges related to cost competitiveness and application diversification. While carbon fiber offers high strength and lightweight properties, the high production costs can be a deterrent for widespread adoption. Furthermore, diversifying applications beyond aerospace and high-end industries requires overcoming cost barriers. Developing cost-effective manufacturing processes and identifying new market opportunities are key challenges for sustained growth.
The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market witnessed significant shifts during the COVID-19 pandemic, reflecting changes in demand across industries such as automotive, aerospace, and sports equipment. While there were disruptions in the supply chain, the market demonstrated resilience, driven by the continued adoption of lightweight and high-strength materials. Post-pandemic, the Thailand CFRP market is poised for growth as industries prioritize fuel efficiency, sustainability, and performance. The versatile applications of carbon fiber and CFRP, coupled with ongoing technological advancements, position them as key contributors to Thailand evolving composite materials landscape.
In the Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, major players have played a pivotal role in shaping the industry landscape. Key participants in this market include Thai Carbon Fiber Company, CarbonThai Group, Composite Technology Team, and Advanced Composite Materials.
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 Carbon Fiber and Carbon Fiber Reinforced Plastic Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Industry Life Cycle |
3.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Porter's Five Forces |
3.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Precursor, 2021 & 2031F |
3.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.8 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.9 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing awareness about the benefits of carbon fiber composites in various applications |
4.2.3 Government initiatives to promote the use of carbon fiber in manufacturing processes |
4.3 Market Restraints |
4.3.1 High cost of production and raw materials for carbon fiber and carbon fiber reinforced plastic |
4.3.2 Limited availability of skilled labor for manufacturing and processing carbon fiber composites |
4.3.3 Lack of standardized regulations and guidelines for the use of carbon fiber in different industries |
5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Trends |
6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Types |
6.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Virgin, 2021-2031F |
6.1.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Recycled, 2021-2031F |
6.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Precursor |
6.2.1 Overview and Analysis |
6.2.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By PAN, 2021-2031F |
6.2.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pitch, 2021-2031F |
6.2.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Rayon, 2021-2031F |
6.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Resin |
6.3.1 Overview and Analysis |
6.3.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Lay-up, 2021-2031F |
6.5.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.5.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.5.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.5.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.5.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pultrusion, 2021-2031F |
7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Import-Export Trade Statistics |
7.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Export to Major Countries |
7.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Imports from Major Countries |
8 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Key Performance Indicators |
8.1 Research and development investment in carbon fiber technology |
8.2 Adoption rate of carbon fiber in new applications and industries |
8.3 Carbon fiber recycling rate |
8.4 Technological advancements in carbon fiber manufacturing processes |
9 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment |
9.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Precursor, 2021 & 2031F |
9.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Competitive Landscape |
10.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenue Share, By Companies, 2024 |
10.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |