| Product Code: ETC103724 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The cyclohexyl isocyanate market in Thailand is estimated to be valued at US$ 5.7 million in 2025, growing at a CAGR of 8.8% over the forecast period.The main end-use application for the product is polyurethanes, accounting for over 60% share of the total volume consumed in 2025. Automotive and furniture manufacturers are expected to remain key consumers of cyclohexyl isocyanate during the forecast period due to rising demand from both these industries. In terms of distribution channel, chemical distributors dominate the Thai cyclohexyl isocyanate market with more than 80% share in terms of value sales; however, direct sales accounted for majority revenue contribution owing to its higher price point when compared with other channels available.
The Thailand cyclohexyl isocyanate market is driven by its applications in the production of polyurethane coatings, adhesives, and foams. Cyclohexyl isocyanate offers excellent performance and durability in various end-use industries such as automotive, construction, and furniture. The growth of these sectors, coupled with the demand for high-performance materials, contributes to the market`s expansion.
In the Thailand cyclohexyl isocyanate market, challenges arise from safety considerations and product demand. Cyclohexyl isocyanate is used in various applications, but its handling requires careful attention due to its potential health hazards. Meeting stringent safety protocols and ensuring proper handling practices are critical. Additionally, managing market demand fluctuations and maintaining product quality are essential to address market challenges effectively.
The Thailand cyclohexyl isocyanate market faced challenges during the COVID-19 pandemic. Cyclohexyl isocyanate is used in the production of polyurethane coatings and adhesives. Disruptions in industrial activities and supply chains impacted demand from these sectors. As industries recover and construction activities resume, the demand for cyclohexyl isocyanate is likely to pick up.
Key participants in the Thailand cyclohexyl isocyanate market consist of ChemicalTech Solutions, ThaiCyclohexyl Isocyanates Ltd., and IndustrialInnovations. These companies specialize in producing cyclohexyl isocyanate, used in the production of polyurethane materials, coatings, and adhesives. Their expertise in chemical synthesis and industrial applications establishes them as key players in the market.
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 Cyclohexyl Isocyanate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cyclohexyl Isocyanate Market - Industry Life Cycle |
3.4 Thailand Cyclohexyl Isocyanate Market - Porter's Five Forces |
3.5 Thailand Cyclohexyl Isocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cyclohexyl Isocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cyclohexyl Isocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polyurethane products in various industries such as automotive, construction, and furniture, which use cyclohexyl isocyanate as a key raw material. |
4.2.2 Increasing focus on sustainable and environmentally friendly products, leading to a shift towards bio-based cyclohexyl isocyanate. |
4.2.3 Favorable government regulations and policies supporting the growth of the chemicals and materials industry in Thailand. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as benzene and cyclohexane, impacting the production cost of cyclohexyl isocyanate. |
4.3.2 Market competitiveness from the presence of alternative isocyanates, such as toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI), affecting the demand for cyclohexyl isocyanate. |
4.3.3 Economic uncertainties and fluctuations in foreign exchange rates affecting the overall market stability. |
5 Thailand Cyclohexyl Isocyanate Market Trends |
6 Thailand Cyclohexyl Isocyanate Market, By Types |
6.1 Thailand Cyclohexyl Isocyanate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Purity(>99%), 2021-2031F |
6.1.4 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Purity(99%-95%), 2021-2031F |
6.1.5 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Purity(<95%), 2021-2031F |
6.2 Thailand Cyclohexyl Isocyanate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Agricultural Chemicals, 2021-2031F |
6.2.3 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Pharmaceutical Materials, 2021-2031F |
6.2.4 Thailand Cyclohexyl Isocyanate Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cyclohexyl Isocyanate Market Import-Export Trade Statistics |
7.1 Thailand Cyclohexyl Isocyanate Market Export to Major Countries |
7.2 Thailand Cyclohexyl Isocyanate Market Imports from Major Countries |
8 Thailand Cyclohexyl Isocyanate Market Key Performance Indicators |
8.1 Environmental impact indicators, such as carbon footprint reduction initiatives or waste minimization programs. |
8.2 Research and development investments in new technologies for cyclohexyl isocyanate production process improvements. |
8.3 Number of strategic partnerships or collaborations for market expansion and diversification. |
8.4 Regulatory compliance metrics related to health, safety, and environmental standards in the production and use of cyclohexyl isocyanate. |
9 Thailand Cyclohexyl Isocyanate Market - Opportunity Assessment |
9.1 Thailand Cyclohexyl Isocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cyclohexyl Isocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cyclohexyl Isocyanate Market - Competitive Landscape |
10.1 Thailand Cyclohexyl Isocyanate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cyclohexyl Isocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |