Thailand Glass Fiber  Market (2025-2031) Outlook | Size, Forecast, Value, Growth, Trends, Companies, Analysis, Revenue, Share & Industry

Market Forecast By Resin Type (Chopped Strands, Glass Wool, Roving, Yarn), By Application (Composites, Insulation), By End-user Industry (Buildings and Construction, Automotive, Aerospace and Defense, Alternative Energy, Consumer Goods, Industrial, Other) And Competitive Landscape
Product Code: ETC354445 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Thailand Glass Fiberã‚ Market Competition 2023

Thailand Glass Fiberã‚ market currently, in 2023, has witnessed an HHI of 3720, Which has increased moderately as compared to the HHI of 2741 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Thailand Glass Fiberã‚ Market Competition 2023

Thailand Glass Fiber Market Synopsis

The Thailand glass fiber market has been on a growth trajectory, driven by the construction, automotive, and aerospace industries. Glass fiber is a versatile material known for its strength, durability, and lightweight properties. In Thailand, the expansion of infrastructure and the automotive manufacturing sector have increased the demand for glass fiber-reinforced composites in applications like vehicle components, wind turbine blades, and structural elements in construction. Additionally, the growing awareness of sustainability has encouraged the use of glass fibers as a replacement for traditional materials, such as steel and aluminum.

Drivers of the Market

The Thailand glass fiber market is witnessing robust growth, driven primarily by the automotive and construction sectors. In the automotive industry, lightweight and durable materials are in high demand to improve fuel efficiency and vehicle performance. Glass fibers, known for their strength and versatility, are favored in this context. In construction, the need for resilient and corrosion-resistant materials has led to increased use of glass fibers in reinforcing concrete and composite structures. Additionally, the government`s infrastructure development initiatives have further fueled demand for glass fiber-reinforced products.

Challenges of the Market

The glass fiber market in Thailand grapples with competition from alternative materials and fluctuating raw material prices. Continuous research and development are necessary to enhance the performance and cost-effectiveness of glass fiber products. Ensuring a consistent supply of quality raw materials and managing environmental concerns are also critical challenges. Furthermore, penetrating new application areas and industries demands proactive marketing strategies.

COVID-19 Impact on the Market

The Thailand glass fiber market faced supply chain disruptions and reduced industrial production during the pandemic. The automotive and aerospace sectors, which are major consumers of glass fiber, experienced setbacks. Nevertheless, the market saw a resurgence in demand as industries adapted to the "new normal." Glass fiber`s lightweight and durable properties made it essential in various applications, including personal protective equipment and wind turbine blades.

Key Players in the Market

Within the Thailand glass fiber market, leading players have been instrumental in providing glass fiber products for a range of applications. Companies like Thai Fiberglass Insulation Co., Ltd., and Chomarat Textile Industries (Thailand) Ltd., are recognized leaders in this sector. Their expertise in glass fiber manufacturing and their diverse product offerings have solidified their positions as key contributors to industries such as construction, automotive, and aerospace.

Key Highlights of the Report:

  • Thailand Glass Fiber  Market Outlook
  • Market Size of Thailand Glass Fiber  Market, 2024
  • Forecast of Thailand Glass Fiber  Market, 2031
  • Historical Data and Forecast of Thailand Glass Fiber  Revenues & Volume for the Period 2021-2031
  • Thailand Glass Fiber  Market Trend Evolution
  • Thailand Glass Fiber  Market Drivers and Challenges
  • Thailand Glass Fiber  Price Trends
  • Thailand Glass Fiber  Porter's Five Forces
  • Thailand Glass Fiber  Industry Life Cycle
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Chopped Strands for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Glass Wool for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Roving for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Yarn for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Composites for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Insulation for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By End-user Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Buildings and Construction for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Aerospace and Defense for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Alternative Energy for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Thailand Glass Fiber  Market Revenues & Volume By Other for the Period 2021-2031
  • Thailand Glass Fiber  Import Export Trade Statistics
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-user Industry
  • Thailand Glass Fiber  Top Companies Market Share
  • Thailand Glass Fiber  Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Glass Fiber  Company Profiles
  • Thailand Glass Fiber  Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Glass Fiber  Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Glass Fiber  Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Glass Fiber  Market - Industry Life Cycle

3.4 Thailand Glass Fiber  Market - Porter's Five Forces

3.5 Thailand Glass Fiber  Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.6 Thailand Glass Fiber  Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Thailand Glass Fiber  Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F

4 Thailand Glass Fiber  Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Glass Fiber  Market Trends

6 Thailand Glass Fiber  Market, By Types

6.1 Thailand Glass Fiber  Market, By Resin Type

6.1.1 Overview and Analysis

6.1.2 Thailand Glass Fiber  Market Revenues & Volume, By Resin Type, 2021-2031F

6.1.3 Thailand Glass Fiber  Market Revenues & Volume, By Chopped Strands, 2021-2031F

6.1.4 Thailand Glass Fiber  Market Revenues & Volume, By Glass Wool, 2021-2031F

6.1.5 Thailand Glass Fiber  Market Revenues & Volume, By Roving, 2021-2031F

6.1.6 Thailand Glass Fiber  Market Revenues & Volume, By Yarn, 2021-2031F

6.2 Thailand Glass Fiber  Market, By Application

6.2.1 Overview and Analysis

6.2.2 Thailand Glass Fiber  Market Revenues & Volume, By Composites, 2021-2031F

6.2.3 Thailand Glass Fiber  Market Revenues & Volume, By Insulation, 2021-2031F

6.3 Thailand Glass Fiber  Market, By End-user Industry

6.3.1 Overview and Analysis

6.3.2 Thailand Glass Fiber  Market Revenues & Volume, By Buildings and Construction, 2021-2031F

6.3.3 Thailand Glass Fiber  Market Revenues & Volume, By Automotive, 2021-2031F

6.3.4 Thailand Glass Fiber  Market Revenues & Volume, By Aerospace and Defense, 2021-2031F

6.3.5 Thailand Glass Fiber  Market Revenues & Volume, By Alternative Energy, 2021-2031F

6.3.6 Thailand Glass Fiber  Market Revenues & Volume, By Consumer Goods, 2021-2031F

6.3.7 Thailand Glass Fiber  Market Revenues & Volume, By Industrial, 2021-2031F

7 Thailand Glass Fiber  Market Import-Export Trade Statistics

7.1 Thailand Glass Fiber  Market Export to Major Countries

7.2 Thailand Glass Fiber  Market Imports from Major Countries

8 Thailand Glass Fiber  Market Key Performance Indicators

9 Thailand Glass Fiber  Market - Opportunity Assessment

9.1 Thailand Glass Fiber  Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.2 Thailand Glass Fiber  Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Thailand Glass Fiber  Market Opportunity Assessment, By End-user Industry, 2021 & 2031F

10 Thailand Glass Fiber  Market - Competitive Landscape

10.1 Thailand Glass Fiber  Market Revenue Share, By Companies, 2024

10.2 Thailand Glass Fiber  Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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