Product Code: ETC341125 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Polycarbonate Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.90% in 2025 and reaches 9.50% by 2029.
The Polycarbonate market in Thailand is projected to grow at a stable growth rate of 3.83% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Thailand polycarbonate market has experienced substantial expansion due to its versatility and durability. Polycarbonate finds extensive use in construction, automotive, and electronics sectors, thanks to its high impact resistance and optical clarity. The market is expected to continue growing as infrastructure projects develop, automotive manufacturing expands, and consumer electronics demand remains robust. Additionally, sustainability concerns are driving the adoption of recycled polycarbonate materials in various applications.
The Thailand polycarbonate market is experiencing robust growth driven by various factors. Firstly, the construction and automotive industries have been significant contributors to the demand for polycarbonate. In construction, polycarbonate sheets are used for roofing, cladding, and daylighting applications due to their durability, lightweight nature, and optical properties. The ongoing infrastructure development projects in Thailand, along with the trend towards sustainable and energy-efficient building materials, have boosted polycarbonate consumption. In the automotive sector, polycarbonate is used for interior and exterior components, including headlamp lenses and interior trim, as it offers weight reduction and design flexibility. Secondly, the electronics and electrical industry has seen a surge in demand for polycarbonate due to its electrical insulation properties and suitability for electronic housings. The growth of consumer electronics, as well as the shift towards electric vehicles, has further propelled the market. Moreover, the packaging industry benefits from polycarbonate`s impact resistance and optical clarity, making it suitable for food and beverage packaging. Additionally, the rising awareness of environmental concerns and the need for sustainable materials have led to the adoption of polycarbonate as a replacement for traditional plastics in various applications.
Challenges in the Thailand polycarbonate market include concerns over environmental sustainability due to the use of bisphenol A (BPA) in its production. Regulations and consumer preferences for BPA-free alternatives pose challenges for manufacturers. Additionally, competition from alternative materials in various applications requires constant innovation and differentiation.
The Thailand polycarbonate market experienced fluctuations in demand during the pandemic. Initially, demand surged for polycarbonate sheets and films for applications like protective barriers and face shields. However, as lockdowns and restrictions affected various industries, demand from sectors like automotive and construction declined. Supply chain disruptions also impacted the availability of raw materials, leading to increased production costs. The market`s performance was closely tied to the pace of economic recovery and the continued need for polycarbonate in various applications.
Key players in the Thailand polycarbonate market include SABIC Innovative Plastics (Thailand) Ltd. and Covestro (Thailand) Co., Ltd. These companies produce polycarbonate materials used in diverse applications, from automotive components to electronics.
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 Polycarbonate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polycarbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polycarbonate Market - Industry Life Cycle |
3.4 Thailand Polycarbonate Market - Porter's Five Forces |
3.5 Thailand Polycarbonate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Polycarbonate Market Revenues & Volume Share, By Grades, 2021 & 2031F |
3.7 Thailand Polycarbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Polycarbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Polycarbonate Market Trends |
6 Thailand Polycarbonate Market, By Types |
6.1 Thailand Polycarbonate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polycarbonate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Polycarbonate Market Revenues & Volume, By Plates, 2021-2031F |
6.1.4 Thailand Polycarbonate Market Revenues & Volume, By Sheets, 2021-2031F |
6.1.5 Thailand Polycarbonate Market Revenues & Volume, By Film, 2021-2031F |
6.1.6 Thailand Polycarbonate Market Revenues & Volume, By Foil, 2021-2031F |
6.1.7 Thailand Polycarbonate Market Revenues & Volume, By Strip, 2021-2031F |
6.1.8 Thailand Polycarbonate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Polycarbonate Market, By Grades |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polycarbonate Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Thailand Polycarbonate Market Revenues & Volume, By Extrusion, 2021-2031F |
6.2.4 Thailand Polycarbonate Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Polycarbonate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polycarbonate Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.3 Thailand Polycarbonate Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Thailand Polycarbonate Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.5 Thailand Polycarbonate Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.6 Thailand Polycarbonate Market Revenues & Volume, By Medical, 2021-2031F |
6.3.7 Thailand Polycarbonate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.8 Thailand Polycarbonate Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Thailand Polycarbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Polycarbonate Market Import-Export Trade Statistics |
7.1 Thailand Polycarbonate Market Export to Major Countries |
7.2 Thailand Polycarbonate Market Imports from Major Countries |
8 Thailand Polycarbonate Market Key Performance Indicators |
9 Thailand Polycarbonate Market - Opportunity Assessment |
9.1 Thailand Polycarbonate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Polycarbonate Market Opportunity Assessment, By Grades, 2021 & 2031F |
9.3 Thailand Polycarbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Polycarbonate Market - Competitive Landscape |
10.1 Thailand Polycarbonate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polycarbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |