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 | |
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.
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.
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.
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.
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.
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 |