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

Market Forecast By Type (Sandwich, Plain), By End Use Industry (Construction, Marine, Transportation, Aerospace & Defense), By Application (Interior, Exterior, Furniture, Air Conditioning Duct Panel), By Class (Class A, Class B, Others) And Competitive Landscape
Product Code: ETC4515386 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

Thailand Phenolic Panel Market: Import Trend Analysis

Thailand import trend for the phenolic panel market exhibited significant growth from 2023 to 2024, with a notable increase of 82.55%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at 29.75%. This surge can be attributed to a combination of factors, including shifts in demand dynamics and favorable trade policies that drove market expansion during this period.

Thailand Phenolic Panel Market Synopsis

Phenolic panels are making their mark in the construction and architectural sectors in Thailand. These panels offer excellent fire resistance and thermal insulation properties, making them ideal for building applications. As the construction industry continues to develop, the Thailand Phenolic Panel market is poised for growth, driven by the need for safe and energy-efficient construction materials.

Drivers of the Market

The Thailand Phenolic Panel market is witnessing notable growth, fueled by the demand for lightweight and fire-resistant panel materials in construction and transportation applications. Phenolic panels, composed of phenolic resin-impregnated layers, offer excellent fire performance and durability. As Thailand construction industry emphasizes energy efficiency and safety, and there is a growing need for sustainable building materials, the adoption of phenolic panels is on the rise. The market growth is further supported by advancements in panel manufacturing processes, the development of eco-friendly phenolic resins, and efforts to provide high-quality architectural and structural solutions.

Challenges of the Market

The Thailand Phenolic Panel Market encounters challenges associated with the perception of phenolic panels in terms of fire safety and environmental impact. Overcoming these concerns through rigorous testing, certification, and transparent communication will be crucial for gaining market trust. Additionally, aligning phenolic panel offerings with evolving sustainability standards presents an ongoing challenge for industry players.

COVID-19 Impact on the Market

The Thailand Phenolic Panel market demonstrated resilience during the COVID-19 pandemic, with applications in construction, transportation, and industrial sectors. Phenolic panels, known for their fire resistance and durability, experienced sustained demand for use in building facades, transportation interiors, and industrial applications. Post-pandemic, the market is growing as construction and transportation projects resume, with increased demand for high-performance and fire-resistant panel materials. The Thailand Phenolic Panel market remains pivotal in providing solutions for industries requiring durable and fire-resistant paneling materials.

Key Players in the Market

Key players like Siam Phenolic Panel Co., Ltd. and Thai Panels Co., Ltd. are prominent contributors to the Thailand Phenolic Panel Market. The market is driven by the growing demand for fire-resistant and durable construction materials.

Key Highlights of the Report:

  • Thailand Phenolic Panel Market Outlook
  • Market Size of Thailand Phenolic Panel Market, 2024
  • Forecast of Thailand Phenolic Panel Market, 2031
  • Historical Data and Forecast of Thailand Phenolic Panel Revenues & Volume for the Period 2021-2031
  • Thailand Phenolic Panel Market Trend Evolution
  • Thailand Phenolic Panel Market Drivers and Challenges
  • Thailand Phenolic Panel Price Trends
  • Thailand Phenolic Panel Porter's Five Forces
  • Thailand Phenolic Panel Industry Life Cycle
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Sandwich for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Plain for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Marine for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Interior for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Exterior for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Furniture for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Air Conditioning Duct Panel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Class for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Class A for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Class B for the Period 2021-2031
  • Historical Data and Forecast of Thailand Phenolic Panel Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Phenolic Panel Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End Use Industry
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Class
  • Thailand Phenolic Panel Top Companies Market Share
  • Thailand Phenolic Panel Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Phenolic Panel Company Profiles
  • Thailand Phenolic Panel 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 Phenolic Panel Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Phenolic Panel Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Phenolic Panel Market - Industry Life Cycle

3.4 Thailand Phenolic Panel Market - Porter's Five Forces

3.5 Thailand Phenolic Panel Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Thailand Phenolic Panel Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

3.7 Thailand Phenolic Panel Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Thailand Phenolic Panel Market Revenues & Volume Share, By Class, 2021 & 2031F

4 Thailand Phenolic Panel Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing construction industry in Thailand

4.2.2 Increasing awareness about sustainable and eco-friendly building materials

4.2.3 Rising demand for energy-efficient and cost-effective building solutions

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Competition from alternative building materials

4.3.3 Regulatory challenges related to environmental standards and certifications

5 Thailand Phenolic Panel Market Trends

6 Thailand Phenolic Panel Market, By Types

6.1 Thailand Phenolic Panel Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Phenolic Panel Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Thailand Phenolic Panel Market Revenues & Volume, By Sandwich, 2021-2031F

6.1.4 Thailand Phenolic Panel Market Revenues & Volume, By Plain, 2021-2031F

6.2 Thailand Phenolic Panel Market, By End Use Industry

6.2.1 Overview and Analysis

6.2.2 Thailand Phenolic Panel Market Revenues & Volume, By Construction, 2021-2031F

6.2.3 Thailand Phenolic Panel Market Revenues & Volume, By Marine, 2021-2031F

6.2.4 Thailand Phenolic Panel Market Revenues & Volume, By Transportation, 2021-2031F

6.2.5 Thailand Phenolic Panel Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.3 Thailand Phenolic Panel Market, By Application

6.3.1 Overview and Analysis

6.3.2 Thailand Phenolic Panel Market Revenues & Volume, By Interior, 2021-2031F

6.3.3 Thailand Phenolic Panel Market Revenues & Volume, By Exterior, 2021-2031F

6.3.4 Thailand Phenolic Panel Market Revenues & Volume, By Furniture, 2021-2031F

6.3.5 Thailand Phenolic Panel Market Revenues & Volume, By Air Conditioning Duct Panel, 2021-2031F

6.4 Thailand Phenolic Panel Market, By Class

6.4.1 Overview and Analysis

6.4.2 Thailand Phenolic Panel Market Revenues & Volume, By Class A, 2021-2031F

6.4.3 Thailand Phenolic Panel Market Revenues & Volume, By Class B, 2021-2031F

6.4.4 Thailand Phenolic Panel Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Phenolic Panel Market Import-Export Trade Statistics

7.1 Thailand Phenolic Panel Market Export to Major Countries

7.2 Thailand Phenolic Panel Market Imports from Major Countries

8 Thailand Phenolic Panel Market Key Performance Indicators

8.1 Adoption rate of green building certifications in Thailand

8.2 Number of government infrastructure projects incorporating phenolic panels

8.3 Investment in RD for innovative phenolic panel technologies

9 Thailand Phenolic Panel Market - Opportunity Assessment

9.1 Thailand Phenolic Panel Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Thailand Phenolic Panel Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

9.3 Thailand Phenolic Panel Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Thailand Phenolic Panel Market Opportunity Assessment, By Class, 2021 & 2031F

10 Thailand Phenolic Panel Market - Competitive Landscape

10.1 Thailand Phenolic Panel Market Revenue Share, By Companies, 2024

10.2 Thailand Phenolic Panel Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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