| Product Code: ETC336865 | 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 paint stripper market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -18.77%. However, the compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at 3.68%. This shift could be attributed to changes in consumer preferences or fluctuations in market demand.
The Thailand paint stripper market is closely tied to the paint and coating industry. Paint strippers are essential products used for removing old paint layers or coatings from surfaces before repainting or refinishing. As industrial and home renovation projects increase, the demand for efficient and safe paint stripping solutions rises. The market offers a range of products, from chemical-based strippers to eco-friendly alternatives, catering to diverse customer preferences. Safety and environmental regulations are driving innovation in this market, with a focus on reducing toxic chemicals and providing user-friendly solutions.
The Thailand Paint Stripper market is driven by several key factors. Firstly, the growth of the construction and renovation sectors is increasing the demand for paint strippers as they are essential for removing old paint layers before applying new coatings. Additionally, the automotive and aerospace industries rely on paint strippers for repainting and maintenance, further driving market growth. Environmental regulations are also influencing the market as manufacturers are developing eco-friendly and less toxic paint stripper formulations to comply with safety and environmental standards. Furthermore, increasing consumer awareness of DIY projects and home improvement is boosting the demand for paint strippers in the retail sector.
The Thailand Paint Stripper market faces several challenges. One significant challenge is environmental concerns and regulations. As the demand for eco-friendly and less toxic paint stripping solutions grows, manufacturers in this market need to adapt and develop products that meet these standards. Additionally, the industry must address safety concerns related to the use of paint strippers, which often contain hazardous chemicals. Ensuring proper labeling, handling instructions, and safety precautions is crucial. Lastly, competition is fierce in this market, making it challenging for new entrants to establish themselves and for existing players to maintain their market share.
The Thailand paint stripper market experienced a complex impact during the COVID-19 pandemic. Initially, the market faced disruptions due to restrictions on construction and renovation activities, reducing the demand for paint strippers. However, as people spent more time at home, there was a surge in DIY home improvement projects, leading to increased sales of paint strippers through retail channels. The market also witnessed a shift toward eco-friendly and less toxic paint stripping products as environmental concerns grew. Manufacturers adapted by expanding their product lines to cater to these changing preferences, and the market showed resilience by accommodating both professional and DIY users.
In the Thailand Paint Stripper market, companies like Henkel (Thailand) Ltd., Wurth (Thailand) Co., Ltd., and Nippon Paint (Thailand) Co., Ltd., stand out as leading players. They specialize in the production of paint strippers used for removing paint and coatings from various surfaces. These companies are known for their safe and effective paint stripper formulations, catering to both consumer and industrial needs. Their established presence and quality products make them key players in the Thailand paint stripper 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 Paint Stripper Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Paint Stripper Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Paint Stripper Market - Industry Life Cycle |
3.4 Thailand Paint Stripper Market - Porter's Five Forces |
3.5 Thailand Paint Stripper Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Paint Stripper Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Thailand Paint Stripper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and non-toxic paint stripping products |
4.2.2 Growth in construction and renovation activities in Thailand |
4.2.3 Rising awareness about the importance of proper surface preparation before painting |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of certain chemicals in paint strippers |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from alternative methods such as sanding and abrasive blasting |
5 Thailand Paint Stripper Market Trends |
6 Thailand Paint Stripper Market, By Types |
6.1 Thailand Paint Stripper Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Paint Stripper Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Paint Stripper Market Revenues & Volume, By Caustic Paint Stripper, 2021-2031F |
6.1.4 Thailand Paint Stripper Market Revenues & Volume, By Solvent-based Paint Stripper, 2021-2031F |
6.1.5 Thailand Paint Stripper Market Revenues & Volume, By Biochemical Paint Stripper, 2021-2031F |
6.2 Thailand Paint Stripper Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Paint Stripper Market Revenues & Volume, By Vehicle Maintenance, 2021-2031F |
6.2.3 Thailand Paint Stripper Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Thailand Paint Stripper Market Revenues & Volume, By Renovations, 2021-2031F |
6.2.5 Thailand Paint Stripper Market Revenues & Volume, By Furniture Refinishing, 2021-2031F |
6.2.6 Thailand Paint Stripper Market Revenues & Volume, By Industrial Repairs, 2021-2031F |
6.2.7 Thailand Paint Stripper Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Paint Stripper Market Import-Export Trade Statistics |
7.1 Thailand Paint Stripper Market Export to Major Countries |
7.2 Thailand Paint Stripper Market Imports from Major Countries |
8 Thailand Paint Stripper Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly paint stripping products in the market |
8.2 Number of construction permits issued in Thailand |
8.3 Customer satisfaction levels with paint stripping products |
8.4 Rate of market penetration for paint strippers in different regions of Thailand |
8.5 Number of innovations and new product launches in the paint stripping industry |
9 Thailand Paint Stripper Market - Opportunity Assessment |
9.1 Thailand Paint Stripper Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Paint Stripper Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Thailand Paint Stripper Market - Competitive Landscape |
10.1 Thailand Paint Stripper Market Revenue Share, By Companies, 2024 |
10.2 Thailand Paint Stripper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |