| Product Code: ETC208657 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
According to a report by 6Wresearch, the cobalt chrome alloys market in Thailand was valued at USD 170.8 million in 2025 and is expected to reach a value of USD 267.4 million, growing at a CAGR of 8.3% during the forecast period. The major factors driving the growth include increasing demand from medical device manufacturers as well as for automotive parts manufacturing. Furthermore, rising investments from government institutions also support the growth of this market in Thailand.
Cobalt chrome alloys` applications in aerospace, medical implants, and industrial machinery have fueled their market growth. The aerospace and healthcare sectors have been key drivers, relying on the unique properties of cobalt chrome alloys for critical applications.
Cobalt chrome alloys find use in medical implants and aerospace applications. Challenges include the ethical sourcing of cobalt and the market`s sensitivity to these concerns. The pandemic posed additional challenges, impacting both medical procedures and aerospace activities, influencing the alloys market.
The cobalt chrome alloys market felt the impact of reduced industrial activities during the pandemic. Sectors like healthcare and aerospace, which rely on cobalt chrome alloys, faced challenges. The market`s recovery is tied to the resurgence of these industries.
In the Thailand cobalt chrome alloys market, key players like CobaltAlloys Ltd., ChromeTech Industries, and Alloy Innovations play pivotal roles. CobaltAlloys Ltd. specializes in cobalt alloys, offering solutions for industries such as aerospace, medical devices, and automotive. ChromeTech Industries is a major producer of chrome alloys, contributing to sectors like manufacturing and engineering. Alloy Innovations focuses on innovative alloy solutions, providing cobalt chrome alloys for diverse industrial applications. These key players drive advancements in materials science and technology by supplying high-quality cobalt chrome alloys for critical sectors 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 Cobalt Chrome Alloys Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cobalt Chrome Alloys Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cobalt Chrome Alloys Market - Industry Life Cycle |
3.4 Thailand Cobalt Chrome Alloys Market - Porter's Five Forces |
3.5 Thailand Cobalt Chrome Alloys Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cobalt Chrome Alloys Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cobalt Chrome Alloys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the medical industry for cobalt chrome alloys in Thailand |
4.2.2 Increasing usage of cobalt chrome alloys in the aerospace sector in Thailand |
4.2.3 Advancements in manufacturing technologies leading to improved production efficiency of cobalt chrome alloys in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of cobalt chrome alloys in Thailand |
4.3.2 Stringent regulations related to environmental concerns impacting the production processes of cobalt chrome alloys in Thailand |
5 Thailand Cobalt Chrome Alloys Market Trends |
6 Thailand Cobalt Chrome Alloys Market, By Types |
6.1 Thailand Cobalt Chrome Alloys Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By CoCrMo Alloys, 2021-2031F |
6.1.4 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By CoNiCrMo Alloys, 2021-2031F |
6.1.5 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By CoCrWNi Alloys, 2021-2031F |
6.1.6 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Other, 2021-2031F |
6.2 Thailand Cobalt Chrome Alloys Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Dental Implants, 2021-2031F |
6.2.3 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Medical Implants, 2021-2031F |
6.2.4 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Gas Turbines, 2021-2031F |
6.2.5 Thailand Cobalt Chrome Alloys Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Cobalt Chrome Alloys Market Import-Export Trade Statistics |
7.1 Thailand Cobalt Chrome Alloys Market Export to Major Countries |
7.2 Thailand Cobalt Chrome Alloys Market Imports from Major Countries |
8 Thailand Cobalt Chrome Alloys Market Key Performance Indicators |
8.1 Percentage of cobalt chrome alloys used in new medical devices in Thailand |
8.2 Number of partnerships and collaborations between cobalt chrome alloy manufacturers and aerospace companies in Thailand |
8.3 Adoption rate of advanced manufacturing technologies for cobalt chrome alloy production in Thailand |
9 Thailand Cobalt Chrome Alloys Market - Opportunity Assessment |
9.1 Thailand Cobalt Chrome Alloys Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cobalt Chrome Alloys Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cobalt Chrome Alloys Market - Competitive Landscape |
10.1 Thailand Cobalt Chrome Alloys Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cobalt Chrome Alloys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |