| Product Code: ETC101864 | Publication Date: Jun 2021 | Updated Date: Mar 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for gypsum plaster in 2024 showed a significant growth rate of 24.38%, contrasting with a compound annual growth rate (CAGR) of -4.55% from 2020 to 2023. This shift could be attributed to evolving construction demands or changes in trade policies impacting market dynamics.

The Gypsum Plaster market in Thailand is projected to grow at a stable growth rate of 0.17% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The gypsum plaster market in Thailand is projected to witness a CAGR of 5.6% during the forecast period. Growing awareness about green building materials coupled with rapid urbanization has been boosting construction activities across residential and non-residential sectors significantly throughout Asia Pacific region, thereby escalating usage rates of gypsum plaster considerably amongst end-users industries operating therein. Moreover stringent environmental regulations imposed on use raw material containing high levels volatile organic compounds (VOCs) also aid product`s consumption prospects as it does not contain any toxic elements nor release hazardous fumes upon drying up, thus making them safe enough even when used indoors. Additionally presence large scale infrastructure projects combined with continuously expanding manufacturing base across South East Asian countries should accelerate regional industry expansion further over coming few years.
The Thailand gypsum plaster market is driven by the construction industry`s demand for versatile and sustainable building materials. Gypsum plaster is known for its ease of application, fire resistance, and sound insulation properties. As construction projects focus on efficiency, aesthetics, and environmental impact, the use of gypsum plaster as a reliable interior finishing material contributes to the market`s growth.
In the Thailand gypsum plaster market, challenges arise from environmental concerns and application techniques. The sustainable sourcing of gypsum and minimizing the environmental impact of extraction and processing remain important considerations. Moreover, optimizing gypsum plaster formulations for various construction applications and ensuring proper installation techniques present ongoing challenges for manufacturers.
The Covid-19 pandemic had varying impacts on the Thailand gypsum plaster market. The construction industry, a significant consumer of gypsum plaster, faced disruptions due to lockdowns, reduced construction activity, and supply chain challenges. Delayed projects and reduced investment impacted demand for construction materials. However, as work-from-home dynamics increased demand for home improvement projects, the use of gypsum plaster for renovations and interior design gained traction. The market`s recovery was influenced by government infrastructure initiatives, construction rebound, and changes in housing preferences.
Key participants in the Thailand gypsum plaster market consist of BuildingMaterialsTech Solutions, ThaiGypsum Plasters Ltd., and ConstructionInnovations. These companies specialize in producing gypsum plaster products used in construction and interior design. Their expertise in construction materials and architectural solutions positions them as key contributors to the building industry.
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 Gypsum Plaster Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gypsum Plaster Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Gypsum Plaster Market - Industry Life Cycle |
3.4 Thailand Gypsum Plaster Market - Porter's Five Forces |
3.5 Thailand Gypsum Plaster Market Revenues & Volume Share, By Plaster System, 2022 & 2032F |
3.6 Thailand Gypsum Plaster Market Revenues & Volume Share, By Raw Material, 2022 & 2032F |
3.7 Thailand Gypsum Plaster Market Revenues & Volume Share, By End-use, 2022 & 2032F |
4 Thailand Gypsum Plaster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Gypsum Plaster Market Trends |
6 Thailand Gypsum Plaster Market, By Types |
6.1 Thailand Gypsum Plaster Market, By Plaster System |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gypsum Plaster Market Revenues & Volume, By Plaster System, 2022-2032F |
6.1.3 Thailand Gypsum Plaster Market Revenues & Volume, By Manually-applied Plaster, 2022-2032F |
6.1.4 Thailand Gypsum Plaster Market Revenues & Volume, By Machine-applied Plaster, 2022-2032F |
6.1.5 Thailand Gypsum Plaster Market Revenues & Volume, By Finishes, 2022-2032F |
6.2 Thailand Gypsum Plaster Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gypsum Plaster Market Revenues & Volume, By Natural Gypsum, 2022-2032F |
6.2.3 Thailand Gypsum Plaster Market Revenues & Volume, By Synthetic Gypsum, 2022-2032F |
6.3 Thailand Gypsum Plaster Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Gypsum Plaster Market Revenues & Volume, By Residential, 2022-2032F |
6.3.3 Thailand Gypsum Plaster Market Revenues & Volume, By Non-residential, 2022-2032F |
7 Thailand Gypsum Plaster Market Import-Export Trade Statistics |
7.1 Thailand Gypsum Plaster Market Export to Major Countries |
7.2 Thailand Gypsum Plaster Market Imports from Major Countries |
8 Thailand Gypsum Plaster Market Key Performance Indicators |
9 Thailand Gypsum Plaster Market - Opportunity Assessment |
9.1 Thailand Gypsum Plaster Market Opportunity Assessment, By Plaster System, 2022 & 2032F |
9.2 Thailand Gypsum Plaster Market Opportunity Assessment, By Raw Material, 2022 & 2032F |
9.3 Thailand Gypsum Plaster Market Opportunity Assessment, By End-use, 2022 & 2032F |
10 Thailand Gypsum Plaster Market - Competitive Landscape |
10.1 Thailand Gypsum Plaster Market Revenue Share, By Companies, 2025 |
10.2 Thailand Gypsum Plaster Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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