| Product Code: ETC4501586 | 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 import trend for polyurethane composites in 2024 experienced a slight decline with a growth rate of -0.76%, following a compound annual growth rate (CAGR) of 1.14% from 2020 to 2023. This dip may reflect a temporary demand shift or changes in market dynamics affecting import momentum in the industry.
The Thailand Polyurethane Composites market is experiencing steady growth due to the versatility and durability of polyurethane composites. These materials find applications in various industries, including automotive, construction, and aerospace, owing to their lightweight, strength, and resistance to corrosion. With increasing infrastructure development and manufacturing activities in Thailand, the demand for polyurethane composites is expected to rise.
The Polyurethane Composites market in Thailand is experiencing significant growth, driven by the increasing demand for lightweight and durable materials in various industries. Polyurethane composites, combining polyurethane resins with reinforcement materials, are gaining prominence for their versatility and excellent mechanical properties. The growth of the automotive, construction, and marine industries, the rising trend of using composites for improved performance, and the need for materials with high impact resistance in Thailand are contributing to the adoption of polyurethane composites. Moreover, the focus on material innovation and the advancements in polyurethane composite manufacturing processes are further propelling the positive trajectory of the polyurethane composites market.
The Polyurethane Composites Market in Thailand confronts challenges related to the environmental impact of polyurethane and regulatory pressures on sustainable practices. Market players must navigate through the need for continuous innovation to address environmental concerns while meeting performance expectations. Economic uncertainties and fluctuating raw material prices further contribute to the market complexities.
The Thailand Polyurethane Composites market faced challenges during the COVID-19 pandemic, with disruptions in manufacturing and construction sectors impacting demand. Polyurethane composites, known for their versatility and lightweight properties, found applications in diverse industries. Post-pandemic, the market is recovering as construction projects resume, and industries prioritize materials that offer a combination of strength, flexibility, and durability. The Thailand Polyurethane Composites market remains essential in providing solutions for applications requiring high-performance and customized composite materials.
Notable market players in the Thailand polyurethane composites market include BASF SE, Covestro AG, and Huntsman Corporation.
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 Polyurethane Composites Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polyurethane Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polyurethane Composites Market - Industry Life Cycle |
3.4 Thailand Polyurethane Composites Market - Porter's Five Forces |
3.5 Thailand Polyurethane Composites Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Polyurethane Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Thailand Polyurethane Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Thailand Polyurethane Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as automotive, construction, and electronics. |
4.2.2 Growing emphasis on sustainability and environmental considerations, as polyurethane composites are recyclable and energy-efficient. |
4.2.3 Technological advancements leading to the development of innovative polyurethane composite products. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, particularly for key components used in polyurethane composites production. |
4.3.2 Regulatory challenges and compliance requirements impacting the manufacturing and usage of polyurethane composites. |
4.3.3 Competition from alternative materials like fiberglass and carbon fiber composites. |
5 Thailand Polyurethane Composites Market Trends |
6 Thailand Polyurethane Composites Market, By Types |
6.1 Thailand Polyurethane Composites Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polyurethane Composites Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Polyurethane Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Thailand Polyurethane Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 Thailand Polyurethane Composites Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polyurethane Composites Market Revenues & Volume, By Lay-Up, 2021-2031F |
6.2.3 Thailand Polyurethane Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.4 Thailand Polyurethane Composites Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.3 Thailand Polyurethane Composites Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polyurethane Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.3 Thailand Polyurethane Composites Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Thailand Polyurethane Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
7 Thailand Polyurethane Composites Market Import-Export Trade Statistics |
7.1 Thailand Polyurethane Composites Market Export to Major Countries |
7.2 Thailand Polyurethane Composites Market Imports from Major Countries |
8 Thailand Polyurethane Composites Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane composite technologies. |
8.2 Adoption rate of polyurethane composites in key end-user industries. |
8.3 Rate of new product introductions and innovations in the polyurethane composites market. |
8.4 Environmental impact metrics related to the use of polyurethane composites in Thailand. |
9 Thailand Polyurethane Composites Market - Opportunity Assessment |
9.1 Thailand Polyurethane Composites Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Polyurethane Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 Thailand Polyurethane Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Thailand Polyurethane Composites Market - Competitive Landscape |
10.1 Thailand Polyurethane Composites Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polyurethane Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |