| Product Code: ETC334885 | Publication Date: Aug 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 |
In the Thailand non-corrosive fluxes market, the import trend showed a notable growth rate of 14.89% from 2023 to 2024, with a compound annual growth rate (CAGR) of 10.93% for the period 2020-2024. This import momentum can be attributed to increased industrial activities and a shift in demand towards higher-quality fluxes, indicating a strengthening market stability during this period.
Non-corrosive fluxes are used in welding and soldering processes to prevent corrosion during metal joining. The Thailand Non-corrosive Fluxes Market caters to the manufacturing and construction sectors, providing fluxes that ensure the integrity and longevity of welded joints and soldered connections.
The Thailand Non-corrosive Fluxes market caters to the soldering and brazing industry, where these fluxes are essential for joining metals. The primary driver for this market is the manufacturing sector`s growth, which includes electronics, automotive, and construction industries. Non-corrosive fluxes are preferred in these industries because they do not leave corrosive residues after the soldering process, ensuring the long-term integrity of the joints. As Thailand`s manufacturing sector continues to expand and diversify, the demand for non-corrosive fluxes remains robust. Technological advancements and innovations in soldering techniques further drive the need for specialized fluxes, boosting the market`s prospects.
The Thailand Non-corrosive Fluxes market faces several challenges that impact its growth and stability. One of the primary challenges is the competition from alternative soldering methods and flux formulations that are emerging in the market. These alternatives claim to offer better environmental sustainability and performance, which poses a threat to traditional non-corrosive fluxes. Additionally, regulatory compliance and environmental concerns related to the disposal of flux residues are becoming more stringent, necessitating constant innovation and adaptation within the industry. Furthermore, the market is susceptible to price fluctuations in raw materials, which can affect the overall cost structure and profitability of non-corrosive flux manufacturers. Companies operating in this market need to invest in research and development to address these challenges and stay competitive.
The non-corrosive fluxes market in Thailand, primarily used in soldering and welding applications, witnessed fluctuations during the COVID-19 pandemic. The slowdown in manufacturing and construction projects initially impacted demand. However, as industries adapted to remote work and digital technologies, there was an increased need for electronics and telecommunications equipment, driving demand for non-corrosive fluxes in circuit board assembly. The market responded by promoting the reliability and effectiveness of its products in electronic manufacturing processes. Additionally, the emphasis on safety and environmental compliance remained crucial in the production and use of non-corrosive fluxes.
In the Thailand Non-corrosive Fluxes market, prominent players include Siam Tinplate Co., Ltd., Bangkok Flux Industrial Co., Ltd., and Siam Tin Box Co., Ltd. These companies are recognized for their expertise in producing high-quality non-corrosive fluxes used in various industries, including metalwork and welding.
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 Non-corrosive Fluxes Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Non-corrosive Fluxes Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Non-corrosive Fluxes Market - Industry Life Cycle |
3.4 Thailand Non-corrosive Fluxes Market - Porter's Five Forces |
3.5 Thailand Non-corrosive Fluxes Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Thailand Non-corrosive Fluxes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for non-corrosive fluxes in Thailand due to growth in the electronics manufacturing sector. |
4.2.2 Technological advancements leading to the development of more efficient and environmentally friendly non-corrosive fluxes. |
4.2.3 Growing awareness among manufacturers about the benefits of using non-corrosive fluxes in their production processes. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in non-corrosive fluxes production. |
4.3.2 Regulatory challenges and compliance requirements related to the use of non-corrosive fluxes in manufacturing processes. |
4.3.3 Competition from traditional corrosive fluxes which are more established in the market. |
5 Thailand Non-corrosive Fluxes Market Trends |
6 Thailand Non-corrosive Fluxes Market, By Types |
6.1 Thailand Non-corrosive Fluxes Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Thailand Non-corrosive Fluxes Market Revenues & Volume, By End Use Industry, 2021-2031F |
6.1.3 Thailand Non-corrosive Fluxes Market Revenues & Volume, By Automotive Heat Exchanger, 2021-2031F |
6.1.4 Thailand Non-corrosive Fluxes Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.5 Thailand Non-corrosive Fluxes Market Revenues & Volume, By House Hold Appliances, 2021-2031F |
6.1.6 Thailand Non-corrosive Fluxes Market Revenues & Volume, By Hot Pans, 2021-2031F |
6.1.7 Thailand Non-corrosive Fluxes Market Revenues & Volume, By Refrigerators, 2021-2031F |
6.1.8 Thailand Non-corrosive Fluxes Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Non-corrosive Fluxes Market Import-Export Trade Statistics |
7.1 Thailand Non-corrosive Fluxes Market Export to Major Countries |
7.2 Thailand Non-corrosive Fluxes Market Imports from Major Countries |
8 Thailand Non-corrosive Fluxes Market Key Performance Indicators |
8.1 Adoption rate of non-corrosive fluxes by key electronics manufacturers in Thailand. |
8.2 Research and development investment in new formulations of non-corrosive fluxes. |
8.3 Number of patents filed for innovative non-corrosive flux technologies in Thailand. |
9 Thailand Non-corrosive Fluxes Market - Opportunity Assessment |
9.1 Thailand Non-corrosive Fluxes Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Thailand Non-corrosive Fluxes Market - Competitive Landscape |
10.1 Thailand Non-corrosive Fluxes Market Revenue Share, By Companies, 2024 |
10.2 Thailand Non-corrosive Fluxes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |