Thailand Pig Iron Market (2020-2026) | Value, Trends, Growth, Size, Revenue, Companies, Outlook, Share, Analysis, Industry, Forecast & COVID-19 IMPACT

Market Forecast By Product Types (Basic Pig Iron, Foundry Pig Iron, High Purity Pig Iron), By Applications (Foundry, Construction, Stainless Steel, Others) And Competitive Landscape
Product Code: ETC005265 Publication Date: Jun 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5
Thailand Pig Iron market shipment grew 17.42% in value terms in financial year 2021 in comparison with a decrese of -8.55% in the previous financial year.
Thailand Pig Iron Shipment Value (Percentage Growth Over Previous Year)

Thailand Pig Iron Market Competition 2023


Thailand Export Potential Assessment For Pig Iron Market (USD Values in Thousand)


Thailand Pig Iron Market Synopsis

The Thai pig iron market is projected to register a CAGR of over 2.5% during the forecast period, 2020-2026. The rising demand for finished steel products and government initiatives aimed at promoting sustainable development are driving the growth of the market in Thailand. Additionally, increased investments in infrastructure projects are also expected to offer lucrative opportunities for market players in the country.

Thailand has been experiencing consistent economic growth since 2010 due to strong exports and domestic consumption. The construction sector is witnessing strong performance due to various infrastructural developments initiatives taken by the government. Thus, growing demand from this sector will propel market growth in Thailand during the forecast period. Furthermore, increasing investments from both public as well as private sectors have led to an increase in housing construction activities which will drive further demand for pig iron over next few years. Moreover, with a view towards boosting production capacity and reducing dependence on imports, companies such as SSI Steel (Thailand) Co Ltd are investing heavily into modernizing their existing facilities which will result into higher production capacities leading to better efficiency and cost savings there by supporting profitability of local producers resulting into robust supply scenario offering good opportunity for potential investors looking forward enter Thai pig iron industry.

However concerns related environmental sustainability remain major challenge restraining overall growth prospects . For instance regulations set up by Pollution Control Department (PCD) under Ministry Environment obligates all factories producing more than 10 tons of dust per day adhere stringent norms or face court prosecution . This effects profits margins of local companies negatively impacting penetration rate new foreign competitors thus posing threat revenue generation potential significantly hampering long term outlook.

Overall , while current scenario presents promising opportunities , it crucial that stakeholders understand need comply latest regulations ensure not only healthy environment but also safe guard incomes & jobs associated with industry.

Key Highlights of the Report:

  • Thailand Pig Iron Market Outlook
  • Market Size of Thailand Pig Iron Market, 2019
  • Forecast of Thailand Pig Iron Market, 2026
  • Historical Data and Forecast of Thailand Pig Iron Revenues & Volume for the Period 2016 - 2026
  • Thailand Pig Iron Market Trend Evolution
  • Thailand Pig Iron Market Drivers and Challenges
  • Thailand Pig Iron Price Trends
  • Thailand Pig Iron Porter's Five Forces
  • Thailand Pig Iron Industry Life Cycle
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Product Types for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Basic Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Foundry Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By High Purity Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Foundry for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Construction for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Stainless Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Thailand Pig Iron Market Revenues & Volume By Others for the Period 2016 - 2026
  • Thailand Pig Iron Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Applications
  • Thailand Pig Iron Top Companies Market Share
  • Thailand Pig Iron Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Pig Iron Company Profiles
  • Thailand Pig Iron 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 Pig Iron Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Pig Iron Market Revenues & Volume, 2019 & 2026F

3.3 Thailand Pig Iron Market - Industry Life Cycle

3.4 Thailand Pig Iron Market - Porter's Five Forces

3.5 Thailand Pig Iron Market Revenues & Volume Share, By Product Types, 2019 & 2026F

3.6 Thailand Pig Iron Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 Thailand Pig Iron Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Pig Iron Market Trends

6 Thailand Pig Iron Market, By Types

6.1 Thailand Pig Iron Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 Thailand Pig Iron Market Revenues & Volume, By Product Types, 2016 - 2026F

6.1.3 Thailand Pig Iron Market Revenues & Volume, By Basic Pig Iron, 2016 - 2026F

6.1.4 Thailand Pig Iron Market Revenues & Volume, By Foundry Pig Iron, 2016 - 2026F

6.1.5 Thailand Pig Iron Market Revenues & Volume, By High Purity Pig Iron, 2016 - 2026F

6.2 Thailand Pig Iron Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Thailand Pig Iron Market Revenues & Volume, By Foundry, 2016 - 2026F

6.2.3 Thailand Pig Iron Market Revenues & Volume, By Construction, 2016 - 2026F

6.2.4 Thailand Pig Iron Market Revenues & Volume, By Stainless Steel, 2016 - 2026F

6.2.5 Thailand Pig Iron Market Revenues & Volume, By Others, 2016 - 2026F

7 Thailand Pig Iron Market Import-Export Trade Statistics

7.1 Thailand Pig Iron Market Export to Major Countries

7.2 Thailand Pig Iron Market Imports from Major Countries

8 Thailand Pig Iron Market Key Performance Indicators

9 Thailand Pig Iron Market - Opportunity Assessment

9.1 Thailand Pig Iron Market Opportunity Assessment, By Product Types, 2019 & 2026F

9.2 Thailand Pig Iron Market Opportunity Assessment, By Applications, 2019 & 2026F

10 Thailand Pig Iron Market - Competitive Landscape

10.1 Thailand Pig Iron Market Revenue Share, By Companies, 2019

10.2 Thailand Pig Iron Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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