Product Code: ETC9684127 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Thailand Engineering Adhesives Market is witnessing steady growth driven by increasing demand from various end-use industries such as automotive, electronics, construction, and packaging. The market is primarily driven by the expanding manufacturing sector in the country, leading to higher usage of adhesives in assembly, repair, and maintenance applications. Key players in the market are focusing on product innovation and development to cater to the evolving needs of customers, including high-performance adhesives for advanced materials and technologies. Factors such as rapid urbanization, infrastructure development, and government initiatives supporting industrial growth are expected to further fuel the demand for engineering adhesives in Thailand. Additionally, growing awareness about the benefits of using adhesives over traditional fastening methods is likely to drive market growth in the coming years.
The Thailand Engineering Adhesives Market is experiencing growth due to increasing demand from industries such as automotive, electronics, and construction. Key trends include a shift towards environmentally friendly and sustainable adhesive solutions, as well as the development of high-performance adhesives for specific applications. Opportunities in the market lie in the development of innovative adhesive technologies to meet evolving industry requirements, such as increased durability, faster curing times, and enhanced bonding capabilities. Additionally, the growing trend towards lightweight materials in manufacturing processes presents opportunities for adhesives that can effectively bond a variety of substrates. Overall, the Thailand Engineering Adhesives Market is poised for growth driven by technological advancements and industry demand for efficient and reliable bonding solutions.
One of the main challenges faced in the Thailand Engineering Adhesives Market is the presence of a highly competitive landscape with numerous local and international players offering a wide range of products. This intense competition puts pressure on companies to differentiate their offerings through innovation, quality, and price competitiveness. Additionally, the market faces fluctuations in raw material prices, which can impact production costs and profit margins. Another challenge is the need for continuous research and development to keep up with evolving customer demands and technological advancements. Furthermore, ensuring compliance with stringent regulatory requirements and standards adds another layer of complexity for companies operating in the engineering adhesives market in Thailand.
The Thailand Engineering Adhesives Market is primarily driven by the growing demand from key end-use industries such as automotive, construction, electronics, and aerospace. The increasing adoption of lightweight materials in manufacturing processes, coupled with the need for strong and durable bonding solutions, is fueling the demand for engineering adhesives in the country. Additionally, stringent regulations promoting the use of environmentally friendly and sustainable products are encouraging manufacturers to develop eco-friendly adhesive solutions. The emphasis on technological advancements and product innovations by key players in the market is also contributing to the growth of the engineering adhesives sector in Thailand. Overall, the market is expected to witness steady growth in the coming years due to these driving factors.
The Thailand government has implemented various policies to regulate the Engineering Adhesives Market, focusing on environmental protection, product safety, and industry standards. The Pollution Control Department (PCD) under the Ministry of Natural Resources and Environment oversees regulations on hazardous substances in adhesives to ensure compliance with environmental standards. The Industrial Standard Institute of Thailand (TISI) sets quality and safety standards for engineering adhesives to protect consumers and promote industry competitiveness. Additionally, the government encourages research and development in eco-friendly adhesives through incentives and grants to support sustainable practices in the market. Overall, these policies aim to create a well-regulated and environmentally conscious Engineering Adhesives Market in Thailand.
The Thailand Engineering Adhesives Market is expected to witness steady growth in the upcoming years due to increasing demand from industries such as automotive, electronics, and construction. Factors driving this growth include the country`s growing industrial sector, rising investments in infrastructure projects, and the shift towards lightweight and high-performance materials in manufacturing processes. Additionally, the market is likely to benefit from advancements in adhesive technologies, leading to the development of more efficient and sustainable products. However, challenges such as fluctuating raw material prices and environmental regulations may impact market growth. Overall, the Thailand Engineering Adhesives Market is poised for expansion, with opportunities for innovation and market penetration in various applications.
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 Engineering Adhesives Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Engineering Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Engineering Adhesives Market - Industry Life Cycle |
3.4 Thailand Engineering Adhesives Market - Porter's Five Forces |
3.5 Thailand Engineering Adhesives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Engineering Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Engineering Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Engineering Adhesives Market Trends |
6 Thailand Engineering Adhesives Market, By Types |
6.1 Thailand Engineering Adhesives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Engineering Adhesives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Thailand Engineering Adhesives Market Revenues & Volume, By Epoxies, 2021- 2031F |
6.1.4 Thailand Engineering Adhesives Market Revenues & Volume, By Polyurethanes, 2021- 2031F |
6.1.5 Thailand Engineering Adhesives Market Revenues & Volume, By Cyanoacrylates, 2021- 2031F |
6.1.6 Thailand Engineering Adhesives Market Revenues & Volume, By Methacrylates, 2021- 2031F |
6.1.7 Thailand Engineering Adhesives Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Thailand Engineering Adhesives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Engineering Adhesives Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.3 Thailand Engineering Adhesives Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 Thailand Engineering Adhesives Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Thailand Engineering Adhesives Market Revenues & Volume, By Energy, 2021- 2031F |
6.2.6 Thailand Engineering Adhesives Market Revenues & Volume, By Others, 2021- 2031F |
7 Thailand Engineering Adhesives Market Import-Export Trade Statistics |
7.1 Thailand Engineering Adhesives Market Export to Major Countries |
7.2 Thailand Engineering Adhesives Market Imports from Major Countries |
8 Thailand Engineering Adhesives Market Key Performance Indicators |
9 Thailand Engineering Adhesives Market - Opportunity Assessment |
9.1 Thailand Engineering Adhesives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Engineering Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Engineering Adhesives Market - Competitive Landscape |
10.1 Thailand Engineering Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Thailand Engineering Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |