| Product Code: ETC4501106 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for the FRP bridge market experienced a notable decline from 2023 to 2024, with a growth rate of -44.97%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -16.26%. This negative momentum may be attributed to shifting demand patterns or market instability during the period, influencing the import dynamics for FRP bridges in Thailand.
The Thailand FRP Bridge Market focuses on the use of Fiber Reinforced Plastic (FRP) materials in bridge construction. FRP bridges offer benefits such as lightweight construction, corrosion resistance, and reduced maintenance costs. As Thailand infrastructure development continues, the market for FRP bridges is likely to see increased demand.
The FRP (Fiber Reinforced Plastic) Bridge market in Thailand is witnessing significant growth, driven by the increasing demand for durable and corrosion-resistant bridge structures. FRP bridges, made from reinforced fiberglass and resin, are gaining prominence for their lightweight properties, low maintenance requirements, and long lifespan. The growth of the infrastructure and construction sectors, the rising need for sustainable and resilient bridge solutions, and the emphasis on innovative construction materials in Thailand are contributing to the adoption of FRP bridges. Moreover, the focus on reducing the carbon footprint of infrastructure projects and the innovations in FRP bridge design are further fueling the positive momentum of the FRP bridge market.
The Thailand FRP Bridge market faces challenges related to the engineering complexities of designing and constructing fiberglass-reinforced plastic (FRP) bridges. Market players must address concerns regarding load-bearing capacity, durability, and long-term performance. The market is also influenced by the need for collaboration between composite manufacturers, bridge designers, and regulatory bodies to establish standardized design and construction practices. Economic factors, such as the upfront costs of FRP bridges compared to traditional materials, further impact market dynamics.
The Thailand Fiber Reinforced Plastic (FRP) Bridge market faced challenges during the COVID-19 pandemic, with disruptions in infrastructure projects and construction activities. FRP bridges, known for their lightweight and corrosion resistance, found applications in replacing traditional materials for bridge construction. Post-pandemic, the market is rebounding as infrastructure projects resume, with increased adoption of FRP bridges for their durability and low maintenance requirements. The Thailand FRP Bridge market remains essential in supporting the country infrastructure development with innovative and sustainable bridge solutions.
Key players in the Thailand FRP bridge market include Composite Infrastructure & Technology Co., Ltd., FRP Engineering Co., Ltd., and Composite Solutions Co., Ltd.
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 FRP Bridge Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand FRP Bridge Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand FRP Bridge Market - Industry Life Cycle |
3.4 Thailand FRP Bridge Market - Porter's Five Forces |
3.5 Thailand FRP Bridge Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Thailand FRP Bridge Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Thailand FRP Bridge Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Thailand FRP Bridge Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure development projects |
4.2.2 Growing focus on sustainable and environmentally friendly construction materials |
4.2.3 Rising demand for lightweight and durable bridge structures |
4.3 Market Restraints |
4.3.1 High initial investment cost of FRP bridges compared to traditional materials |
4.3.2 Limited awareness and understanding of FRP bridge technology among key stakeholders |
4.3.3 Challenges related to standardization and regulatory approvals for FRP bridge construction |
5 Thailand FRP Bridge Market Trends |
6 Thailand FRP Bridge Market, By Types |
6.1 Thailand FRP Bridge Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand FRP Bridge Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Thailand FRP Bridge Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.1.4 Thailand FRP Bridge Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2 Thailand FRP Bridge Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Thailand FRP Bridge Market Revenues & Volume, By Vinylester, 2021-2031F |
6.2.3 Thailand FRP Bridge Market Revenues & Volume, By Polyester, 2021-2031F |
6.3 Thailand FRP Bridge Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Thailand FRP Bridge Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.3 Thailand FRP Bridge Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
7 Thailand FRP Bridge Market Import-Export Trade Statistics |
7.1 Thailand FRP Bridge Market Export to Major Countries |
7.2 Thailand FRP Bridge Market Imports from Major Countries |
8 Thailand FRP Bridge Market Key Performance Indicators |
8.1 Number of government infrastructure projects incorporating FRP bridges |
8.2 Percentage increase in the use of FRP bridges in the overall bridge construction market |
8.3 Research and development investments in FRP bridge technology and innovation |
9 Thailand FRP Bridge Market - Opportunity Assessment |
9.1 Thailand FRP Bridge Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Thailand FRP Bridge Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Thailand FRP Bridge Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Thailand FRP Bridge Market - Competitive Landscape |
10.1 Thailand FRP Bridge Market Revenue Share, By Companies, 2024 |
10.2 Thailand FRP Bridge Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |