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

Thailand Chemical Pharmaceutical Market Synopsis

The chemical-pharmaceutical sector is one of the important industries in Thailand`s economy contributing about 2-3 percent to GDP each year over the past decade nevertheless; it had not achieved such strong performance since 2025 when it dropped slightly below 2 percent contribution rate. This industry was valued at THB 643 billion in 2017 where around 98 percent came from local production with exports representing only 3%. Major export destinations include United States (21%), China (17%) followed by Singapore and Germany both accounting for 5%. Key drivers behind these numbers include global demand especially in Europe which has increased significantly particularly related to active pharmaceutical ingredients along with bulk drugs that have also witnessed strong growth over this period.

Drivers of the Market

The chemical pharmaceutical market is bolstered by the healthcare sector`s continuous need for raw materials and intermediates used in drug manufacturing. Advancements in pharmaceutical research and production fuel this demand.

Challenges of the Market

The chemical pharmaceutical market grapples with issues such as regulatory compliance, research and development costs, and intellectual property protection. Balancing the demands of drug development timelines and safety considerations presents ongoing challenges.

COVID-19 Impact on the Market

The pharmaceutical industry experienced both challenges and opportunities during the pandemic. Increased demand for pharmaceutical products and research led to growth in the chemical pharmaceutical sector. However, supply chain disruptions occasionally affected the availability of certain medications.

Key Players in the Market

In the Thailand chemical pharmaceutical market, companies like Sanofi (Thailand) Ltd., and GlaxoSmithKline (Thailand) Ltd., play a significant role in the production and distribution of pharmaceutical products, contributing to public health and well-being.

Key Highlights of the Report:

• Thailand Chemical Pharmaceutical Market Outlook
• Market Size of Thailand Chemical Pharmaceutical Market, 2024
• Forecast of Thailand Chemical Pharmaceutical Market, 2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Revenues & Volume for the Period 2021-2031
• Thailand Chemical Pharmaceutical Market Trend Evolution
• Thailand Chemical Pharmaceutical Market Drivers and Challenges
• Thailand Chemical Pharmaceutical Price Trends
• Thailand Chemical Pharmaceutical Porter's Five Forces
• Thailand Chemical Pharmaceutical Industry Life Cycle
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Drug Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Small Molecule Drugs for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Biologic Drugs for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Technology for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By High Throughput Screening for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Pharmacogenomics for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Combinatorial Chemistry for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Nanotechnology for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Other Technologies for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By End User for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Pharmaceutical Companies for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Contract Research Organizations (CROs) for the Period 2021-2031
• Historical Data and Forecast of Thailand Chemical Pharmaceutical Market Revenues & Volume By Other End Users for the Period 2021-2031
• Thailand Chemical Pharmaceutical Import Export Trade Statistics
• Market Opportunity Assessment By Drug Type
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By End User
• Thailand Chemical Pharmaceutical Top Companies Market Share
• Thailand Chemical Pharmaceutical Competitive Benchmarking By Technical and Operational Parameters
• Thailand Chemical Pharmaceutical Company Profiles
• Thailand Chemical Pharmaceutical Key Strategic Recommendations