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

Market Forecast By Composite Type (Metal Matrix Composite (MMC), Ceramic Matrix Composite (CMC), Polymer Matrix Composite (PMC)), By Fiber Type (Glass Fiber, Carbon Fiber, Others, Aramid, Natural Fibers), By Resin Type (Polyester, Vinyl Ester, Epoxy, Thermoplastic, Others, Phenolic, Acrylic), By Vessel Type (Power Boats, Sailboats, Cruise Ships, Others, Cargo Vessels, Naval Boats, Jet Boats, Personal Watercraft) And Competitive Landscape
Product Code: ETC4500506 Publication Date: Jul 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Thailand Marine Composites Market Synopsis

The Thailand Marine Composites Market is driven by the marine industry pursuit of lightweight, durable, and corrosion-resistant materials for boat and ship construction. Composite materials, including fiberglass and carbon fiber composites, are increasingly used in hulls, decks, and interior components. As Thailand maritime sector continues to grow, the market for marine composites is expected to thrive.

Drivers of the Market

The Marine Composites market in Thailand is witnessing robust growth, propelled by the increasing demand for lightweight and corrosion-resistant materials in the marine and boatbuilding industries. Marine composites, including fiberglass, carbon fiber, and epoxy resin systems, are gaining prominence for their use in hulls, decks, and other components. The growth of the marine and leisure boating sectors, the rising trend of using composites for performance advantages, and the need for durable and seawater-resistant solutions in Thailand are contributing to the adoption of marine composites. Moreover, the focus on performance-driven boat designs and the innovations in marine composite applications are further propelling the positive trajectory of the marine composites market.

Challenges of the Market

The Thailand Marine Composites market faces challenges related to the durability and performance of composites in harsh marine environments. Developing composites that can withstand corrosive saltwater conditions and UV exposure requires continuous innovation. Economic factors, such as the impact of global trade dynamics on raw material prices, also contribute to market uncertainties. Furthermore, market players must address the concerns of traditionalists within the marine industry who may be hesitant to adopt composites over conventional materials like steel or aluminum.

COVID-19 Impact on the Market

The Thailand Marine Composites market faced challenges during the COVID-19 pandemic, with disruptions in the marine industry and reduced demand for new vessels. Despite challenges, the market showcased adaptability, driven by the ongoing trend of lightweighting in marine applications. Post-pandemic, the market is rebounding as the marine industry resumes operations, with a renewed focus on advanced composites for boat construction and components. The Thailand Marine Composites market remains integral to supporting the country maritime sector with high-performance and durable materials.

Key Players in the Market

In the Thailand Marine Composites Market, major players have played a crucial role in driving market dynamics. Notable companies in this sector include MarineTech Composites, ThaiMarine Innovations, CompoSea Materials, and AquaCraft Composites.

Key Highlights of the Report:

  • Thailand Marine Composites Market Outlook
  • Market Size of Thailand Marine Composites Market, 2024
  • Forecast of Thailand Marine Composites Market, 2031
  • Historical Data and Forecast of Thailand Marine Composites Revenues & Volume for the Period 2021-2031
  • Thailand Marine Composites Market Trend Evolution
  • Thailand Marine Composites Market Drivers and Challenges
  • Thailand Marine Composites Price Trends
  • Thailand Marine Composites Porter's Five Forces
  • Thailand Marine Composites Industry Life Cycle
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Composite Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Metal Matrix Composite (MMC) for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Ceramic Matrix Composite (CMC) for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Polymer Matrix Composite (PMC) for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Glass Fiber for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Aramid for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Natural Fibers for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Polyester for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Vinyl Ester for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Epoxy for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Thermoplastic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Phenolic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Acrylic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Vessel Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Power Boats for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Sailboats for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Cruise Ships for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Cargo Vessels for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Naval Boats for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Jet Boats for the Period 2021-2031
  • Historical Data and Forecast of Thailand Marine Composites Market Revenues & Volume By Personal Watercraft for the Period 2021-2031
  • Thailand Marine Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Composite Type
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Vessel Type
  • Thailand Marine Composites Top Companies Market Share
  • Thailand Marine Composites Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Marine Composites Company Profiles
  • Thailand Marine Composites Key Strategic Recommendations

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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 Marine Composites Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Marine Composites Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Marine Composites Market - Industry Life Cycle

3.4 Thailand Marine Composites Market - Porter's Five Forces

3.5 Thailand Marine Composites Market Revenues & Volume Share, By Composite Type, 2021 & 2031F

3.6 Thailand Marine Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.7 Thailand Marine Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.8 Thailand Marine Composites Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F

4 Thailand Marine Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Marine Composites Market Trends

6 Thailand Marine Composites Market, By Types

6.1 Thailand Marine Composites Market, By Composite Type

6.1.1 Overview and Analysis

6.1.2 Thailand Marine Composites Market Revenues & Volume, By Composite Type, 2021-2031F

6.1.3 Thailand Marine Composites Market Revenues & Volume, By Metal Matrix Composite (MMC), 2021-2031F

6.1.4 Thailand Marine Composites Market Revenues & Volume, By Ceramic Matrix Composite (CMC), 2021-2031F

6.1.5 Thailand Marine Composites Market Revenues & Volume, By Polymer Matrix Composite (PMC), 2021-2031F

6.2 Thailand Marine Composites Market, By Fiber Type

6.2.1 Overview and Analysis

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

6.2.3 Thailand Marine Composites Market Revenues & Volume, By Carbon Fiber, 2021-2031F

6.2.4 Thailand Marine Composites Market Revenues & Volume, By Others, 2021-2031F

6.2.5 Thailand Marine Composites Market Revenues & Volume, By Aramid, 2021-2031F

6.2.6 Thailand Marine Composites Market Revenues & Volume, By Natural Fibers, 2021-2031F

6.3 Thailand Marine Composites Market, By Resin Type

6.3.1 Overview and Analysis

6.3.2 Thailand Marine Composites Market Revenues & Volume, By Polyester, 2021-2031F

6.3.3 Thailand Marine Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F

6.3.4 Thailand Marine Composites Market Revenues & Volume, By Epoxy, 2021-2031F

6.3.5 Thailand Marine Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F

6.3.6 Thailand Marine Composites Market Revenues & Volume, By Others, 2021-2031F

6.3.7 Thailand Marine Composites Market Revenues & Volume, By Phenolic, 2021-2031F

6.4 Thailand Marine Composites Market, By Vessel Type

6.4.1 Overview and Analysis

6.4.2 Thailand Marine Composites Market Revenues & Volume, By Power Boats, 2021-2031F

6.4.3 Thailand Marine Composites Market Revenues & Volume, By Sailboats, 2021-2031F

6.4.4 Thailand Marine Composites Market Revenues & Volume, By Cruise Ships, 2021-2031F

6.4.5 Thailand Marine Composites Market Revenues & Volume, By Others, 2021-2031F

6.4.6 Thailand Marine Composites Market Revenues & Volume, By Cargo Vessels, 2021-2031F

6.4.7 Thailand Marine Composites Market Revenues & Volume, By Naval Boats, 2021-2031F

6.4.8 Thailand Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F

6.4.9 Thailand Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F

7 Thailand Marine Composites Market Import-Export Trade Statistics

7.1 Thailand Marine Composites Market Export to Major Countries

7.2 Thailand Marine Composites Market Imports from Major Countries

8 Thailand Marine Composites Market Key Performance Indicators

9 Thailand Marine Composites Market - Opportunity Assessment

9.1 Thailand Marine Composites Market Opportunity Assessment, By Composite Type, 2021 & 2031F

9.2 Thailand Marine Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.3 Thailand Marine Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.4 Thailand Marine Composites Market Opportunity Assessment, By Vessel Type, 2021 & 2031F

10 Thailand Marine Composites Market - Competitive Landscape

10.1 Thailand Marine Composites Market Revenue Share, By Companies, 2024

10.2 Thailand Marine Composites Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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