Product Code: ETC204877 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The cesium nitrate market in Thailand was estimated to be worth THB 897 million (USD 29 million) in 2018 according to a report by the Thailand Ministry of Industry. It is projected to grow at an average annual rate of 2.9%, reaching approximately THB 981 million (USD 32 million). Imports account for more than 95% of total domestic demand, mainly sourced from China and India. Pharmaceuticals are the dominant application segment for cesium nitrate accounting for 80% share while others include chemical synthesis, water treatment chemicals etc., each having around 10-15 % shares respectively.
Cesium nitrate`s applications in pyrotechnics, optics, and electronics drive its market growth. The entertainment industry`s demand for pyrotechnic materials, along with the growth of electronics and optics sectors, contributes to the market`s expansion. The compound`s unique properties make it valuable for various specialized applications.
The cesium nitrate market encounters challenges related to its sensitivity to demand from the glass and electronics sectors. Economic shifts and technological advancements can impact market growth, requiring adaptation to changing industry landscapes.
The cesium nitrate market encountered disruptions as industrial processes slowed down. Sectors like electronics, which use cesium nitrate, were affected. The market`s recovery aligned with the gradual resurgence of these industries and their subsequent demand for related products.
In the Thailand cesium nitrate market, key players like CesiumNitrate Industries, Nitrate Solutions Ltd., and Chemical Compounds Group hold significant positions. CesiumNitrate Industries is a major producer of cesium nitrate, contributing to sectors like pyrotechnics, electronics, and catalysts. Nitrate Solutions Ltd. specializes in nitrate compounds, offering cesium nitrate for various applications. Chemical Compounds Group focuses on chemical solutions, including cesium nitrate, for specialized uses. These key players are essential in ensuring the availability of cesium nitrate for critical applications in Thailand.
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 Cesium Nitrate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cesium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cesium Nitrate Market - Industry Life Cycle |
3.4 Thailand Cesium Nitrate Market - Porter's Five Forces |
3.5 Thailand Cesium Nitrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cesium Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cesium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cesium Nitrate Market Trends |
6 Thailand Cesium Nitrate Market, By Types |
6.1 Thailand Cesium Nitrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cesium Nitrate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cesium Nitrate Market Revenues & Volume, By Not less than 90.0%, 2021-2031F |
6.1.4 Thailand Cesium Nitrate Market Revenues & Volume, By Not less than 99.9%, 2021-2031F |
6.2 Thailand Cesium Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cesium Nitrate Market Revenues & Volume, By Reagent, 2021-2031F |
6.2.3 Thailand Cesium Nitrate Market Revenues & Volume, By Catalyst, 2021-2031F |
7 Thailand Cesium Nitrate Market Import-Export Trade Statistics |
7.1 Thailand Cesium Nitrate Market Export to Major Countries |
7.2 Thailand Cesium Nitrate Market Imports from Major Countries |
8 Thailand Cesium Nitrate Market Key Performance Indicators |
9 Thailand Cesium Nitrate Market - Opportunity Assessment |
9.1 Thailand Cesium Nitrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cesium Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cesium Nitrate Market - Competitive Landscape |
10.1 Thailand Cesium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cesium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |