| Product Code: ETC194617 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Thailand import trend for the cerium market experienced a notable decline from 2023 to 2024, with a growth rate of -34.35%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at -8.12%. This decline could be attributed to shifts in demand dynamics or changes in global trade policies impacting market stability.
Thailand's Cerium market is anticipated to experience a stable growth rate of 3.63% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Thailand cerium market size was valued at US$ 4 billion in 2025 and is projected to exhibit a compound annual growth rate of 10% on account of escalating demand from technology sector owing its multifaceted properties such as conductivity electric field shielding low density etcetera which make it suitable for small electrical components solar cells touch screens etcetera Moreover favorable regulatory framework coupled with government initiatives aimed towards promoting technological advancement have further augmented industry outlookAdditionally surging utilization across automobile sector pertaining its strong radiation absorptive characteristics along with abilityto reduce fuel emission shall stimulate cerium trade Moreover research activities centered around developing innovative materials by deploying synthetic processes has provided impetus toward product scope expansion With aforementioned factors prevailing domestic producers can capitalize opportunities presented forth by robust economic recoveryHistorically cerium prices have been volatile however current trends signify distinct uptrend which may remain sustainable if investors continue making efforts toward value addition.
The Thailand cerium market is impacted by its applications in catalysts, electronics, and glass manufacturing. As industries seek ways to enhance efficiency and reduce emissions, cerium-based catalysts find increased use, while the demand for electronics and glass products also contributes to the market`s growth.
In the Thailand cerium market, challenges may arise from fluctuations in demand for rare earth elements, including cerium, driven by factors like changes in clean energy technologies and geopolitical dynamics.
Cerium is used in catalytic converters, glass manufacturing, and electronics. The market faced challenges during the pandemic due to disrupted supply chains and decreased car production. However, with the automotive industry rebounding and electronics sector growing, the cerium market is in the process of recovery.
In the Thailand cerium market, entities like Thai Central Chemical Public Co., Ltd., contribute to the production and distribution of cerium compounds used in various industries, including electronics, glass, and ceramics.
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 Cerium Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cerium Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cerium Market - Industry Life Cycle |
3.4 Thailand Cerium Market - Porter's Five Forces |
3.5 Thailand Cerium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cerium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cerium in automotive catalysts due to government regulations on emission control. |
4.2.2 Growing investments in infrastructure projects in Thailand leading to higher demand for cerium-based products. |
4.2.3 Technological advancements in cerium-based applications driving market growth. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cerium in the global market impacting profitability. |
4.3.2 Environmental concerns related to cerium mining and extraction processes. |
4.3.3 Competition from alternative materials affecting the market demand for cerium. |
5 Thailand Cerium Market Trends |
6 Thailand Cerium Market, By Types |
6.1 Thailand Cerium Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cerium Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Cerium Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Thailand Cerium Market Revenues & Volume, By Catalysts, 2021-2031F |
6.1.5 Thailand Cerium Market Revenues & Volume, By Alloys, 2021-2031F |
6.1.6 Thailand Cerium Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cerium Market Import-Export Trade Statistics |
7.1 Thailand Cerium Market Export to Major Countries |
7.2 Thailand Cerium Market Imports from Major Countries |
8 Thailand Cerium Market Key Performance Indicators |
8.1 Research and development investments in cerium-based technologies. |
8.2 Adoption rate of cerium-based products in key industries. |
8.3 Regulatory compliance related to cerium usage in Thailand. |
8.4 Innovation in cerium extraction and processing techniques. |
8.5 Consumer sentiment towards cerium-based products. |
9 Thailand Cerium Market - Opportunity Assessment |
9.1 Thailand Cerium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cerium Market - Competitive Landscape |
10.1 Thailand Cerium Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cerium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |