Product Code: ETC005745 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand fire protection material market is estimated to grow at a CAGR of 6.5% during the forecast period from 2020-2026. Growing investments in infrastructure development, rising awareness among people regarding fire safety equipment and materials, increasing government initiatives towards the adoption of advanced fire protection materials are some factors driving the growth of the Thailand Fire Protection Material Market during the forecast period. In addition, technological advancements such as smart building technology and IOT sensors have also boosted investment in construction activities which will further propel market growth over the projected time frame. On account of pandemic COVID-19 outbreak across different countries around world has led to economic slowdown resulting into delay or cancellation in new projects; thereby hampering demand for fire protection material for commercial spaces adversely impacting overall industry outlook through2020-2026.
The major drivers contributing to market growth include increased government spending on public infrastructure development, growing number of high rise buildings with strict enforcement on safety standards and regulations along with rapid urbanization coupled with increasing disposable income levels amongst consumers leading to higher purchasing power parity that boost demand for residential applications contributing significantly towards overall industry expansion over 2020-2026. Moreover presence of several tier 1 players operating within market space intensifying competition offering superior quality products at competitive prices further strengthen overall segmental revenue pool over coming years.
High initial cost associated with installation process coupled with dearth skilled labor force hinder potential customer base thus restraining market penetration up to certain extent throughout analysis timeframe however introduction favorable pricing policies by regulatory bodies would support product uptake augmenting business share substantially by 2026 end .Moreover stringent environment norms levied upon manufacturers restrain their ability innovate hence limiting innovation opportunities adding additional stress onto profitability margins alongside industry remuneration hindering industry evolution up until 2026 end .
COVID 19 pandemic has caused disruption across various industries due to lockdowns imposed leading into decline in industrial output alongwith halting ongoing construction activities significantly impacting sales landscape globally amid current crisis situation thereby creating uncertainty amidst investors restraining capital inflow which likely affect overall industry dynamics through 2020 -2021 financial year.Though post covid 19 scenario normalcy would be regained providing some relief however return back investor confidence might take considerable amount time posing additional headwinds before complete restoration on track .
Major players operating within Thailand Fire Protection Materials Market comprise brands like 3M, Hilti, Johnson.
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 Fire Protection Material Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fire Protection Material Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Fire Protection Material Market - Industry Life Cycle |
3.4 Thailand Fire Protection Material Market - Porter's Five Forces |
3.5 Thailand Fire Protection Material Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Fire Protection Material Market Revenues & Volume Share, By Application Type, 2020 & 2030F |
3.7 Thailand Fire Protection Material Market Revenues & Volume Share, By Elevator Technology, 2020 & 2030F |
3.8 Thailand Fire Protection Material Market Revenues & Volume Share, By End-User, 2020 & 2030F |
4 Thailand Fire Protection Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Fire Protection Material Market Trends |
6 Thailand Fire Protection Material Market, By Types |
6.1 Thailand Fire Protection Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fire Protection Material Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Thailand Fire Protection Material Market Revenues & Volume, By Sealants, 2020-2030F |
6.1.4 Thailand Fire Protection Material Market Revenues & Volume, By Mortar, 2020-2030F |
6.1.5 Thailand Fire Protection Material Market Revenues & Volume, By Putty, 2020-2030F |
6.1.6 Thailand Fire Protection Material Market Revenues & Volume, By Spray, 2020-2030F |
6.1.7 Thailand Fire Protection Material Market Revenues & Volume, By Sheets/Boards, 2020-2030F |
6.1.8 Thailand Fire Protection Material Market Revenues & Volume, By Others, 2020-2030F |
6.2 Thailand Fire Protection Material Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fire Protection Material Market Revenues & Volume, By Residential, 2020-2030F |
6.2.3 Thailand Fire Protection Material Market Revenues & Volume, By Commercial, 2020-2030F |
6.2.4 Thailand Fire Protection Material Market Revenues & Volume, By Industrial, 2020-2030F |
6.3 Thailand Fire Protection Material Market, By Elevator Technology |
6.3.1 Overview and Analysis |
6.3.2 Thailand Fire Protection Material Market Revenues & Volume, By Traction & Machine Room Less Traction, 2020-2030F |
6.3.3 Thailand Fire Protection Material Market Revenues & Volume, By Hydraulic, 2020-2030F |
6.4 Thailand Fire Protection Material Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Thailand Fire Protection Material Market Revenues & Volume, By Residential, 2020-2030F |
6.4.3 Thailand Fire Protection Material Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.4 Thailand Fire Protection Material Market Revenues & Volume, By Institutional, 2020-2030F |
6.4.5 Thailand Fire Protection Material Market Revenues & Volume, By Infrastructural, 2020-2030F |
6.4.6 Thailand Fire Protection Material Market Revenues & Volume, By Others, 2020-2030F |
7 Thailand Fire Protection Material Market Import-Export Trade Statistics |
7.1 Thailand Fire Protection Material Market Export to Major Countries |
7.2 Thailand Fire Protection Material Market Imports from Major Countries |
8 Thailand Fire Protection Material Market Key Performance Indicators |
9 Thailand Fire Protection Material Market - Opportunity Assessment |
9.1 Thailand Fire Protection Material Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Fire Protection Material Market Opportunity Assessment, By Application Type, 2020 & 2030F |
9.3 Thailand Fire Protection Material Market Opportunity Assessment, By Elevator Technology, 2020 & 2030F |
9.4 Thailand Fire Protection Material Market Opportunity Assessment, By End-User, 2020 & 2030F |
10 Thailand Fire Protection Material Market - Competitive Landscape |
10.1 Thailand Fire Protection Material Market Revenue Share, By Companies, 2023 |
10.2 Thailand Fire Protection Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |