| Product Code: ETC320605 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the cored wire market showed a -3.22% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 8.67% from 2020 to 2024. This decline in import momentum in 2024 could be attributed to shifts in market demand or changes in trade policies affecting the industry`s stability.
Cored wires are crucial in the steelmaking process, aiding in the precise addition of alloying elements. In Thailand, the steel industry plays a vital role in construction and manufacturing. Hence, the Thailand cored wire market is intricately linked to the steel sector`s performance. As construction and infrastructure projects expand, the demand for cored wires is expected to remain robust.
The Thailand Cored Wire Market is experiencing growth due to its critical role in the steel and metallurgical industries. Cored wires are used for precise alloying and refining of metals, improving the quality of steel production. With the construction and automotive industries relying on high-quality steel products, the demand for cored wires is rising, driven by the need for consistent and efficient alloying processes.
The Thailand Cored Wire market serves the steel and metallurgical industries. Challenges here include fluctuations in global steel prices, which can impact demand for cored wire products, as well as the need for continuous product innovation to meet changing industry requirements.
The cored wire market in Thailand faced challenges during the COVID-19 pandemic, primarily due to its reliance on the steel and metallurgy sectors. Disruptions in global supply chains, reduced construction activity, and lower demand for automobiles impacted steel production and, consequently, the demand for cored wire. Market players responded by optimizing production processes and focusing on cost-efficiency to weather the economic downturn. As construction and manufacturing sectors gradually recovered, the cored wire market showed signs of stabilization.
Key companies in the Thailand Diaries and Organizers market include PQR Stationery Solutions, LMN Office Supplies, and RST Organizational Tools. PQR Stationery Solutions offer a wide range of diaries and organizers with customizable features, catering to diverse customer needs.
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 Cored Wire Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cored Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cored Wire Market - Industry Life Cycle |
3.4 Thailand Cored Wire Market - Porter's Five Forces |
3.5 Thailand Cored Wire Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Cored Wire Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Cored Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for steel in various industries such as construction, automotive, and infrastructure development in Thailand. |
4.2.2 Increasing focus on improving the quality and efficiency of steel production processes. |
4.2.3 Adoption of advanced technologies in the manufacturing sector leading to the use of cored wire for precise alloying in steel production. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of cored wire production. |
4.3.2 Stringent environmental regulations affecting the manufacturing processes of cored wire. |
4.3.3 Competition from substitute products that may offer similar benefits at lower costs. |
5 Thailand Cored Wire Market Trends |
6 Thailand Cored Wire Market, By Types |
6.1 Thailand Cored Wire Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cored Wire Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Cored Wire Market Revenues & Volume, By Calcium Silicide Cored Wire (Casi), 2021-2031F |
6.1.4 Thailand Cored Wire Market Revenues & Volume, By Calcium Solid Cored Wire (Ca), 2021-2031F |
6.1.5 Thailand Cored Wire Market Revenues & Volume, By Pure Carbon Cored Wire (C), 2021-2031F |
6.1.6 Thailand Cored Wire Market Revenues & Volume, By Ferro Calcium Cored Wire (Cafe), 2021-2031F |
6.1.7 Thailand Cored Wire Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Cored Wire Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cored Wire Market Revenues & Volume, By Steelmaking, 2021-2031F |
6.2.3 Thailand Cored Wire Market Revenues & Volume, By Iron Casting, 2021-2031F |
6.2.4 Thailand Cored Wire Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cored Wire Market Import-Export Trade Statistics |
7.1 Thailand Cored Wire Market Export to Major Countries |
7.2 Thailand Cored Wire Market Imports from Major Countries |
8 Thailand Cored Wire Market Key Performance Indicators |
8.1 Percentage increase in the adoption of cored wire technology in steel production processes. |
8.2 Reduction in the overall production costs of steel attributed to the use of cored wire. |
8.3 Number of research and development initiatives focused on enhancing the efficiency and quality of cored wire products. |
9 Thailand Cored Wire Market - Opportunity Assessment |
9.1 Thailand Cored Wire Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Cored Wire Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Cored Wire Market - Competitive Landscape |
10.1 Thailand Cored Wire Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cored Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |