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

Thailand Construction Materials Market Growth Rate

According to 6Wresearch internal database and industry insights, the Thailand Construction Materials Market is projected to grow at a compound annual growth rate (CAGR) of 6.2% during the forecast period (2025–2031).

Thailand Construction Materials Market Highlights

Five-Year Growth Trajectory of the Thailand Construction Materials Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Topics Covered in the Thailand Construction Materials Market Report

The Thailand Construction Materials Market report thoroughly covers the market by product types and applications. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.

Thailand Construction Materials Market Synopsis

Thailand Construction Materials Market is poised for steady expansion, supported by strong investments in transport infrastructure, industrial estates, and residential development. Ongoing projects under the Eastern Economic Corridor (EEC), airport and seaport upgrades, and growing housing demand in urban centers are driving the need for aggregates, cement, concrete bricks, and construction metals. Rising adoption of precast and modular construction, along with a focus on energy-efficient and sustainable building practices, further strengthens Thailand Construction Materials Market Growth.

Evaluation of Growth Drivers in the Thailand Construction Materials Market

Below mentioned are some prominent drivers and their influence on the Thailand Construction Materials Market dynamics:

Thailand Construction Materials Market is expected to grow steadily at 6.2% CAGR between 2025 and 2031. The growth of the market is attributed to the strong transport and industrial pipeline supported by national infrastructure strategies, along with steady expansion in residential construction across urban and regional areas. Thailand Construction Materials Market Growth is further driven by the increasing adoption of energy-efficient materials such as AAC blocks, blended cements, and high-strength steel, which enhance construction efficiency and sustainability. Demand for construction aggregates and cement will continue to dominate due to their essential role in both civil infrastructure and large-scale building projects.

Evaluation of Restraints in the Thailand Construction Materials Market

Below mentioned are some major restraints and their influence on the Thailand Construction Materials Market dynamics:

Thailand Construction Materials Market Challenges

Thailand Construction Materials Industry include high volatility in raw material and fuel prices, which impacts the profitability of cement and steel producers. Fragmented aggregates supply chains and transportation bottlenecks raise logistics costs and affect timely deliveries. Delays in permitting and land acquisition often stall major infrastructure projects. Furthermore, compliance with stringent environmental and emission norms increases operational expenses. Price sensitivity in residential construction further limits the adoption of premium, sustainable materials, slowing overall market modernization.

Thailand Construction Materials Market Trends

Several significant trends are impacting Thailand Construction Materials Industry:

• Increased use of Precast and Modular Systems: Builders are using precast components at a greater rate as a method to decrease project timelines, reduce material waste on-site, and maintain a higher level of quality control.
• Transitioning to Green and Blended Cements: Increased use of clinker substitutions (e.g. slag and fly-ash blends) continues to grow, in order to achieve energy and emissions targets while improving overall durability.
• Increasing Adoption of AAC & Lightweight Masonry: AAC/ALC blocks are starting to gain acceptance in the market for mid to high rise construction because of their thermal performance and speed of installation.
• Digitalization of Procurement & BIM: E-Procuring and BIM-based quantity take-offs lead to efficiencies in ordering cement, steel and blocks for just-in-time deliveries.

Investment Opportunities in the Thailand Construction Materials Industry

Some of the notable investment opportunities are:

• Regional Aggregates Hubs: Invest in quarries and crushing that are linked to rail/water, to serve civil corridors in an efficient manner.
• Blended Cement & SCM Supply: Establish SCM sourcing and blending, producing low-clinker cements that comply with efficiency objectives.
• AAC/Precast Manufacturing: Build new automated plants near significant urban centers, in response to the increasing demand for industrialized building systems.
• Recycled Materials & C&D Waste Processing: Develop facilities to process demolition waste to make graded aggregates for non-structural uses.
• Cross-Border Exports: Leverage proximity to CLMV markets to export bagged cement, rebar, and masonry products via road and river logistics.

Top 5 Leading Players in the Thailand Construction Materials Market

Below is the list of prominent companies leading in the Thailand Construction Materials Market Share:

1. The Siam Cement Group (SCG)

The Siam Cement Group (SCG) is one of Thailand’s largest and oldest industrial conglomerates, producing cement, ready-mix concrete, AAC blocks, and a variety of building materials. SCG supplies major infrastructure and housing projects across the country, emphasizing innovation, sustainability, and circular economy practices in construction material production.

2. Siam City Cement Public Company Limited (INSEE)

Siam City Cement (INSEE) is a leading producer of cement, ready-mix concrete, and green construction materials. The company focuses on low-carbon products, waste recycling, and circular economy initiatives, supporting Thailand’s transition toward sustainable infrastructure and eco-friendly building practices.

3. TPI Polene Public Company Limited

TPI Polene manufactures a range of cement products and construction materials, emphasizing energy-efficient production and diversified cement grades. The company integrates alternative fuels and renewable energy sources into its manufacturing operations, positioning itself as a sustainable leader in Thailand’s cement sector.

4. Asia Cement Public Company Limited

Asia Cement PCL supplies cement products to major civil infrastructure, commercial, and residential projects. With a robust distribution network across key provinces, the company supports Thailand’s growing construction industry by delivering consistent quality, logistics efficiency, and customer-centric solutions.

5. Millcon Steel Public Company Limited

Millcon Steel PCL is a prominent Thai manufacturer of long steel products, including rebars, wire rods, and structural sections. The company serves the residential, commercial, and infrastructure sectors, with a strong focus on innovation, recycled steel production, and sustainable steelmaking technologies.

Government Regulations Introduced in the Thailand Construction Materials Market

According to Thai Government data, national development strategies continue to accelerate transport and industrial infrastructure through the Eastern Economic Corridor and public–private partnerships, encouraging consistent materials demand. Examples include the High-Speed Rail Linking Three Airports, motorway expansions, and seaport capacity upgrades supporting aggregates, cement, and steel consumption. Building Energy Code updates promote energy-efficient materials such as AAC blocks and blended cements, while circular economy guidelines encourage recycling of construction and demolition waste to reduce landfill and enhance sustainable sourcing of aggregates and cementitious materials.

Future Insights of the Thailand Construction Materials Market

The Thailand Construction Materials Industry is set to maintain momentum supported by multi-year infrastructure execution, robust industrial and logistics investments, and a stable pipeline of residential projects in metro and regional cities. Greater adoption of precast, AAC, and blended cements combined with localized grinding/terminal capacity will improve cost efficiency and availability. Over time, supply chains are expected to be more sustainable and regionally integrated, enabling exports to neighbouring markets alongside rising domestic consumption.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

By Product Type – Construction Aggregates to Dominate the Market

According to Ritika Kalra, Senior Research Analyst, 6Wresearch, Construction Aggregates are projected to dominate the Thailand Construction Materials Market Share due to their indispensable use in roadbeds, rail track beds, concrete, and asphalt production across extensive civil works and urban development.

By Application – Residential to Dominate the Market

Residential holds the largest share driven by sustained urbanization, condominium and low-rise housing launches, and renovation cycles in major cities. Continuous household formation and developer focus on faster build cycles using AAC and precast systems support higher offtake of cement, bricks/blocks, and rebar within the residential value chain.

Key Attractiveness of the Report

• 10 Years of Market Numbers
• Historical Data Starting from 2021 to 2024
• Base Year: 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• Thailand Construction Materials Market Outlook
• Market Size of Thailand Construction Materials Market
• Forecast of Thailand Construction Materials Market, 2031
• Historical Data and Forecast of Thailand Construction Materials Revenues & Volume for the Period 2021 - 2031
• Thailand Construction Materials Market Trend Evolution
• Thailand Construction Materials Market Drivers and Challenges
• Thailand Construction Materials Price Trends
• Thailand Construction Materials Porter's Five Forces
• Thailand Construction Materials Industry Life Cycle
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Product Type? for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Construction Aggregates for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Concrete Bricks for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Cement for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Construction Metals for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Residential for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Commercial for the Period 2021 - 2031
• Historical Data and Forecast of Thailand Construction Materials Market Revenues & Volume By Industrial for the Period 2021 - 2031
• Thailand Construction Materials Import Export Trade Statistics
• Market Opportunity Assessment By Product Type?
• Market Opportunity Assessment By Application
• Thailand Construction Materials Top Companies Market Share
• Thailand Construction Materials Competitive Benchmarking By Technical and Operational Parameters
• Thailand Construction Materials Company Profiles
• Thailand Construction Materials Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

• Construction Aggregates
• Concrete Bricks
• Cement
• Construction Metals

By Application

• Residential
• Commercial
• Industrial