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

Market Forecast By Products (Gunmetal Bush, Gunmetal Casting, Gunmetal Rod, Gunmetal Plate) And Competitive Landscape
Product Code: ETC425781 Publication Date: Oct 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Thailand Gun Metal Market: Import Trend Analysis

Thailand gun metal market witnessed a 5.98% import growth from 2023 to 2024, with a compound annual growth rate (CAGR) of -0.49% from 2020 to 2024. The fluctuating CAGR suggests market stability challenges, potentially influenced by demand shifts or evolving trade policies impacting import momentum.

Thailand Gun Metal Market Synopsis

Gun metal, a type of bronze alloy, has applications in diverse industries, including marine, automotive, and construction. The Thailand gun metal market has been resilient due to its corrosion resistance and high durability properties. It is commonly used in manufacturing valves, bearings, and bushings. The market`s growth is linked to industrial expansion and the need for reliable and long-lasting components. Manufacturers are investing in research and development to enhance the performance characteristics of gun metal alloys and cater to evolving industry requirements.

Drivers of the Market

The Thailand gun metal market is primarily driven by the country`s growing defense and security needs. The government`s continued investment in modernizing its armed forces has led to an increased demand for high-quality gun metal components in firearms and ammunition production. Additionally, the rising popularity of shooting sports and recreational shooting among civilians has contributed to the market`s growth. Furthermore, the expanding manufacturing sector, including automotive and aerospace industries, has also boosted the demand for gun metal in various applications such as molds and precision parts.

Challenges of the Market

The gun metal market in Thailand faces challenges related to material sourcing, technology advancements, and market regulations. Securing a consistent supply of raw materials for gun metal production is critical. Advances in firearms technology and changing regulations necessitate continuous product development and adaptation. Additionally, complying with strict firearms regulations and export controls is essential in this market.

COVID-19 Impact on the Market

The gun metal market faced reduced demand during the pandemic, primarily due to disruptions in the defense and manufacturing sectors. Recovery was influenced by government contracts and investments in defense and aerospace industries.

Key Players in the Market

In the Thailand gun metal market, GunCrafters Ltd. is a well-established company. They manufacture gun metal components and firearms, known for their craftsmanship and reliability in the firearms industry.

Key Highlights of the Report:

  • Thailand Gun Metal Market Outlook
  • Market Size of Thailand Gun Metal Market, 2024
  • Forecast of Thailand Gun Metal Market, 2031
  • Historical Data and Forecast of Thailand Gun Metal Revenues & Volume for the Period 2021-2031
  • Thailand Gun Metal Market Trend Evolution
  • Thailand Gun Metal Market Drivers and Challenges
  • Thailand Gun Metal Price Trends
  • Thailand Gun Metal Porter's Five Forces
  • Thailand Gun Metal Industry Life Cycle
  • Historical Data and Forecast of Thailand Gun Metal Market Revenues & Volume By Products for the Period 2021-2031
  • Historical Data and Forecast of Thailand Gun Metal Market Revenues & Volume By Gunmetal Bush for the Period 2021-2031
  • Historical Data and Forecast of Thailand Gun Metal Market Revenues & Volume By Gunmetal Casting for the Period 2021-2031
  • Historical Data and Forecast of Thailand Gun Metal Market Revenues & Volume By Gunmetal Rod for the Period 2021-2031
  • Historical Data and Forecast of Thailand Gun Metal Market Revenues & Volume By Gunmetal Plate for the Period 2021-2031
  • Thailand Gun Metal Import Export Trade Statistics
  • Market Opportunity Assessment By Products
  • Thailand Gun Metal Top Companies Market Share
  • Thailand Gun Metal Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Gun Metal Company Profiles
  • Thailand Gun Metal Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Gun Metal Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Gun Metal Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Gun Metal Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Gun Metal Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Gun Metal Market - Industry Life Cycle

3.4 Thailand Gun Metal Market - Porter's Five Forces

3.5 Thailand Gun Metal Market Revenues & Volume Share, By Products, 2021 & 2031F

4 Thailand Gun Metal Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand from the automotive industry in Thailand

4.2.2 Growth in infrastructure development projects driving demand for gun metal

4.2.3 Technological advancements leading to improved quality and performance of gun metal products

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the production cost of gun metal

4.3.2 Regulatory challenges and environmental concerns related to gun metal manufacturing in Thailand

5 Thailand Gun Metal Market Trends

6 Thailand Gun Metal Market, By Types

6.1 Thailand Gun Metal Market, By Products

6.1.1 Overview and Analysis

6.1.2 Thailand Gun Metal Market Revenues & Volume, By Products, 2021-2031F

6.1.3 Thailand Gun Metal Market Revenues & Volume, By Gunmetal Bush, 2021-2031F

6.1.4 Thailand Gun Metal Market Revenues & Volume, By Gunmetal Casting, 2021-2031F

6.1.5 Thailand Gun Metal Market Revenues & Volume, By Gunmetal Rod, 2021-2031F

6.1.6 Thailand Gun Metal Market Revenues & Volume, By Gunmetal Plate, 2021-2031F

7 Thailand Gun Metal Market Import-Export Trade Statistics

7.1 Thailand Gun Metal Market Export to Major Countries

7.2 Thailand Gun Metal Market Imports from Major Countries

8 Thailand Gun Metal Market Key Performance Indicators

8.1 Percentage increase in the number of automotive manufacturers sourcing gun metal in Thailand

8.2 Growth in the number of infrastructure projects utilizing gun metal products

8.3 Adoption rate of advanced gun metal manufacturing technologies in Thailand

8.4 Percentage change in raw material costs affecting gun metal production

8.5 Compliance rate with environmental regulations in the gun metal industry in Thailand

9 Thailand Gun Metal Market - Opportunity Assessment

9.1 Thailand Gun Metal Market Opportunity Assessment, By Products, 2021 & 2031F

10 Thailand Gun Metal Market - Competitive Landscape

10.1 Thailand Gun Metal Market Revenue Share, By Companies, 2024

10.2 Thailand Gun Metal Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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