| Product Code: ETC4489286 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Thailand oxygenated solvents market, the import trend experienced a decline in growth rate from 2023 to 2024, with a decrease of -19.31%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 3.54%. This dip in import momentum could be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
Oxygenated solvents find applications in various industries, including paints, coatings, and cleaning products. The Thailand Oxygenated Solvents market is experiencing growth due to the demand for eco-friendly and high-performance solvents in the chemical and manufacturing sectors.
The Oxygenated Solvents market in Thailand is witnessing robust growth, driven by its applications in coatings, adhesives, and cleaning products. Oxygenated solvents, including alcohols, ketones, and esters, play a crucial role in formulating various products while ensuring low toxicity. The growth of the construction and manufacturing sectors in Thailand, coupled with the increasing demand for effective solvents, is contributing to the adoption of oxygenated solvents. Moreover, the emphasis on environmental regulations and the need for safer solvent alternatives are further propelling the positive trajectory of the oxygenated solvents market.
The Thailand Oxygenated Solvents market grapples with challenges related to the increasing focus on reducing volatile organic compound (VOC) emissions. Market participants must develop low-VOC formulations while maintaining product performance to meet stringent environmental regulations.
The Thailand Oxygenated Solvents market faced disruptions during the COVID-19 pandemic, with fluctuations in the paints and coatings industries. The market is recovering as construction and manufacturing activities resume, and there is a renewed focus on eco-friendly solvents. Manufacturers are adapting to changing environmental regulations by providing oxygenated solvents that offer low toxicity and high performance in various applications in the post-pandemic landscape.
OxySolvent Innovations Ltd. is a leading player in the Thailand Oxygenated Solvents market. Specializing in the production of oxygenated solvents used in paints, coatings, and cleaning products, OxySolvent Innovations Ltd. contributes to providing environmentally friendly and low-toxicity solvents. The company oxygenated solvents play a crucial role in formulating products with excellent performance and safety characteristics in the Thai market.
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 Oxygenated Solvents Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Oxygenated Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Oxygenated Solvents Market - Industry Life Cycle |
3.4 Thailand Oxygenated Solvents Market - Porter's Five Forces |
3.5 Thailand Oxygenated Solvents Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Oxygenated Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand Oxygenated Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Oxygenated Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-user industries such as paints coatings, pharmaceuticals, and agriculture. |
4.2.2 Increasing awareness and adoption of eco-friendly solvents in Thailand. |
4.2.3 Favorable government regulations promoting the use of oxygenated solvents in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs. |
4.3.2 Competition from substitutes like hydrocarbon solvents. |
4.3.3 Economic uncertainties affecting investments in RD for product innovation. |
5 Thailand Oxygenated Solvents Market Trends |
6 Thailand Oxygenated Solvents Market, By Types |
6.1 Thailand Oxygenated Solvents Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Oxygenated Solvents Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Oxygenated Solvents Market Revenues & Volume, By Conventional , 2021-2031F |
6.1.4 Thailand Oxygenated Solvents Market Revenues & Volume, By Bio & Green, 2021-2031F |
6.2 Thailand Oxygenated Solvents Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Oxygenated Solvents Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2.3 Thailand Oxygenated Solvents Market Revenues & Volume, By Esters, 2021-2031F |
6.2.4 Thailand Oxygenated Solvents Market Revenues & Volume, By Glycols, 2021-2031F |
6.2.5 Thailand Oxygenated Solvents Market Revenues & Volume, By Glycol Ethers, 2021-2031F |
6.2.6 Thailand Oxygenated Solvents Market Revenues & Volume, By Ketones, 2021-2031F |
6.3 Thailand Oxygenated Solvents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Oxygenated Solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Thailand Oxygenated Solvents Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Thailand Oxygenated Solvents Market Revenues & Volume, By Cleaners, 2021-2031F |
6.3.5 Thailand Oxygenated Solvents Market Revenues & Volume, By Crop Protection, 2021-2031F |
7 Thailand Oxygenated Solvents Market Import-Export Trade Statistics |
7.1 Thailand Oxygenated Solvents Market Export to Major Countries |
7.2 Thailand Oxygenated Solvents Market Imports from Major Countries |
8 Thailand Oxygenated Solvents Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly solvents in the market. |
8.2 Number of new applications or industries utilizing oxygenated solvents. |
8.3 Investment in research and development for sustainable solvent solutions. |
8.4 Regulatory compliance and certifications for eco-friendly products. |
8.5 Market penetration in emerging regions or industries for oxygenated solvents. |
9 Thailand Oxygenated Solvents Market - Opportunity Assessment |
9.1 Thailand Oxygenated Solvents Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Oxygenated Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand Oxygenated Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Oxygenated Solvents Market - Competitive Landscape |
10.1 Thailand Oxygenated Solvents Market Revenue Share, By Companies, 2024 |
10.2 Thailand Oxygenated Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |