Product Code: ETC324205 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Ethylene Propylene Diene Monomer Market is poised for steady growth rate improvements from 2025 to 2029. From 3.51% in 2025, the growth rate steadily ascends to 14.65% in 2029.
By 2027, the Ethylene Propylene Diene Monomer market in Thailand is anticipated to reach a growth rate of 5.68%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Thailand Ethylene Propylene Diene Monomer (EPDM) market is experiencing substantial growth owing to the material`s versatility and durability. EPDM rubber is widely used in the automotive, construction, and electrical industries due to its resistance to weathering, heat, and chemicals. The booming automotive manufacturing sector and construction projects in Thailand have significantly increased the demand for EPDM products such as gaskets, seals, and roofing materials.
The Thailand Ethylene Propylene Diene Monomer (EPDM) market is driven by the construction and automotive industries. EPDM is widely used for roofing, sealing, and gasket applications in construction and as weatherstrips and seals in the automotive sector. The country`s infrastructure development projects and the automotive industry`s growth are boosting the demand for EPDM. Additionally, the increasing awareness of the material`s durability and weather resistance contributes to market growth.
The Thailand Ethylene Propylene Diene Monomer (EPDM) market grapples with market saturation and competition. As EPDM is widely used in construction and automotive industries, market players need to differentiate their products to maintain a competitive edge. Additionally, supply chain disruptions and raw material price fluctuations can impact production costs.
The COVID-19 pandemic had a mixed impact on the ethylene propylene diene monomer (EPDM) market in Thailand. EPDM is widely used in automotive components, construction, and the manufacturing of various rubber products. The automotive industry faced disruptions due to supply chain challenges and decreased consumer demand, impacting EPDM consumption. Conversely, the construction sector, especially for roofing and waterproofing applications, remained relatively stable. EPDM manufacturers adjusted production schedules to cater to essential industries. As Thailand gradually eased restrictions and initiated infrastructure projects, the EPDM market showed signs of recovery, with a focus on sustainability and performance improvements.
In the Thailand Ethylene Propylene Diene Monomer (EPDM) market, key players like SCG Chemicals Co., Ltd. and Thai Mitsui Specialty Chemicals Co., Ltd. have established themselves as dominant forces. SCG Chemicals, a subsidiary of the Siam Cement Group, produces high-quality EPDM rubber products used in automotive, construction, and other industries. Thai Mitsui Specialty Chemicals, in collaboration with Mitsui Chemicals, is known for its advanced EPDM solutions. These companies continue to shape the EPDM market in Thailand, catering to diverse industrial 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 Ethylene Propylene Diene Monomer Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ethylene Propylene Diene Monomer Market - Industry Life Cycle |
3.4 Thailand Ethylene Propylene Diene Monomer Market - Porter's Five Forces |
3.5 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Ethylene Propylene Diene Monomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Ethylene Propylene Diene Monomer Market Trends |
6 Thailand Ethylene Propylene Diene Monomer Market, By Types |
6.1 Thailand Ethylene Propylene Diene Monomer Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.1.4 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Wires & Cables, 2021-2031F |
6.1.5 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.6 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Lubricant Additive, 2021-2031F |
6.1.7 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Plastic Modifications, 2021-2031F |
6.1.8 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.9 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Thailand Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Ethylene Propylene Diene Monomer Market Import-Export Trade Statistics |
7.1 Thailand Ethylene Propylene Diene Monomer Market Export to Major Countries |
7.2 Thailand Ethylene Propylene Diene Monomer Market Imports from Major Countries |
8 Thailand Ethylene Propylene Diene Monomer Market Key Performance Indicators |
9 Thailand Ethylene Propylene Diene Monomer Market - Opportunity Assessment |
9.1 Thailand Ethylene Propylene Diene Monomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Ethylene Propylene Diene Monomer Market - Competitive Landscape |
10.1 Thailand Ethylene Propylene Diene Monomer Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ethylene Propylene Diene Monomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |