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

Market Forecast By Type (Water-borne paints and varnishes, Solvent-borne paints and varnishes, Others), By Applications (Transportations paints and varnishes, Industrial paints and varnishes, Construction paints and varnishes) And Competitive Landscape
Product Code: ETC017745 Publication Date: Jul 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Paintsvarnishes Market Synopsis

The Thailand paints and varnishes market has witnessed a positive growth in the recent years owing to the rapid industrialization and urbanization. The rising demand for decorative, protective, and automotive coatings is expected to propel the market over the forecast period. Moreover, the increasing focus on renewable energy sources such as solar power is expected to further create lucrative opportunities for paints & varnishes manufacturers. Additionally, government initiatives towards developing infrastructure are likely to drive the market growth during 2025-2031.

Market Drivers

The growth of industrial activities across many sectors including automotive sector in Thailand is driving the paints & varnishes consumption. Also, growing urban population is leading to increased residential properties construction which will further fuel up this industry by providing various opportunities for paint products producers as well as vendors in terms of sales revenue generation over upcoming years. Growing popularity of automobiles among people due to improved economic condition coupled with rising disposable income has led to an increase in demand for vehicles all over Thailand. This has resulted into boosting automobile production rate significantly which would result into more requirement of paint products such as primers coatings etc., thus fuelling up Thailand Paints & Varnish Market Growth during 2025-2031.

Challenges of the Market

As per environmental regulations concerning volatile organic compounds (VOC), it restricts usage of conventional solvent borne coating over some specified limits thereby restraining its use in certain applications where these limitations are applicable like garage flooring etc.. This factor may hamper overall Paints & Varnish industry development through outlook period.

Covid-19 Impact on the Market

As per environmental regulations concerning volatile organic compounds (VOC), it restricts usage of conventional solvent borne coating over some specified limits thereby restraining its use in certain applications where these limitations are applicable like garage flooring etc.. This factor may hamper overall Paints & Varnish industry development through outlook period.

Key Players of the Market

Kansai Paint Co Ltd, Nippon Paint Holdings Co Ltd, Asian Paints Limited, Berger Paints India Limited, Hempel A/S, Tikkurila Oyj., Sherwin Williams Company Ltd., AkzoNobel N.V., RPM International Inc., Jotun A/S.

Key Highlights of the Report:

  • Thailand Paints & varnishes Market Outlook
  • Market Size of Thailand Paints & varnishes Market, 2024
  • Forecast of Thailand Paints & varnishes Market, 2031
  • Historical Data and Forecast of Thailand Paints & varnishes Revenues & Volume for the Period 2021-2031
  • Thailand Paints & varnishes Market Trend Evolution
  • Thailand Paints & varnishes Market Drivers and Challenges
  • Thailand Paints & varnishes Price Trends
  • Thailand Paints & varnishes Porter's Five Forces
  • Thailand Paints & varnishes Industry Life Cycle
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Water-borne paints and varnishes for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Solvent-borne paints and varnishes for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Transportations paints and varnishes for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Industrial paints and varnishes for the Period 2021-2031
  • Historical Data and Forecast of Thailand Paints & varnishes Market Revenues & Volume By Construction paints and varnishes for the Period 2021-2031
  • Thailand Paints & varnishes Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Applications
  • Thailand Paints & varnishes Top Companies Market Share
  • Thailand Paints & varnishes Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Paints & varnishes Company Profiles
  • Thailand Paints & varnishes Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Paints & varnishes Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Paints & varnishes Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Paints & varnishes Market - Industry Life Cycle

3.4 Thailand Paints & varnishes Market - Porter's Five Forces

3.5 Thailand Paints & varnishes Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Thailand Paints & varnishes Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Thailand Paints & varnishes Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Paints & varnishes Market Trends

6 Thailand Paints & varnishes Market, By Types

6.1 Thailand Paints & varnishes Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Paints & varnishes Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Thailand Paints & varnishes Market Revenues & Volume, By Water-borne paints and varnishes, 2021-2031F

6.1.4 Thailand Paints & varnishes Market Revenues & Volume, By Solvent-borne paints and varnishes, 2021-2031F

6.1.5 Thailand Paints & varnishes Market Revenues & Volume, By Others, 2021-2031F

6.2 Thailand Paints & varnishes Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Thailand Paints & varnishes Market Revenues & Volume, By Transportations paints and varnishes, 2021-2031F

6.2.3 Thailand Paints & varnishes Market Revenues & Volume, By Industrial paints and varnishes, 2021-2031F

6.2.4 Thailand Paints & varnishes Market Revenues & Volume, By Construction paints and varnishes, 2021-2031F

7 Thailand Paints & varnishes Market Import-Export Trade Statistics

7.1 Thailand Paints & varnishes Market Export to Major Countries

7.2 Thailand Paints & varnishes Market Imports from Major Countries

8 Thailand Paints & varnishes Market Key Performance Indicators

9 Thailand Paints & varnishes Market - Opportunity Assessment

9.1 Thailand Paints & varnishes Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Thailand Paints & varnishes Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Thailand Paints & varnishes Market - Competitive Landscape

10.1 Thailand Paints & varnishes Market Revenue Share, By Companies, 2024

10.2 Thailand Paints & varnishes Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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