Product Code: ETC342385 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The polyvinyl chloride (PVC) resins market in Thailand has traditionally been strong, with applications spanning from construction to healthcare. PVC resins are valued for their durability, versatility, and cost-effectiveness. In construction, PVC pipes and fittings are widely used for plumbing and electrical conduit systems. The healthcare sector relies on PVC for medical tubing and blood bags. The market has faced environmental challenges due to concerns about PVC disposal and recycling. However, innovations in sustainable PVC production and recycling practices are addressing these issues. The Thailand PVC resins market is adapting to these challenges and is likely to remain a vital component of the nation`s industrial landscape.
The Thailand Polyvinyl Chloride (PVC) Resins market is experiencing growth driven by several factors. Firstly, the construction industry is a major consumer of PVC resins, which are used in pipes, cables, and building materials. The ongoing infrastructure development projects and the need for durable and cost-effective construction materials are boosting the market. Moreover, the packaging industry is contributing to demand growth, with PVC used for various packaging applications, including blister packaging and shrink film. The market is also benefitting from the versatility of PVC resins, as they find applications in the automotive, healthcare, and electrical sectors, further driving their adoption.
The challenges in the Thailand polyvinyl chloride (PVC) resins market are multifaceted. Firstly, environmental concerns surrounding the production and disposal of PVC resins have led to increased scrutiny and regulations, pushing manufacturers to adopt greener practices. Secondly, the market faces price volatility due to fluctuations in the cost of key raw materials, such as ethylene and chlorine. Moreover, competition within the industry, both domestically and internationally, poses a challenge for maintaining profitability. Lastly, shifts in consumer preferences towards more sustainable and environmentally-friendly alternatives can impact the demand for PVC resins.
The Thailand polyvinyl chloride (PVC) resins market experienced fluctuations during the COVID-19 pandemic. Reduced construction activities and disruptions in the manufacturing sector affected demand for PVC products. The market demonstrated resilience as it adapted to changes in demand, including the need for PVC in medical and healthcare applications.
In Thailand polyvinyl chloride resins market, key players include Vinythai Public Company Limited and SCG Chemicals. They are major producers of PVC resins used in pipes, cables, and construction materials.
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 Polyvinyl Chloride Resins Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polyvinyl Chloride Resins Market - Industry Life Cycle |
3.4 Thailand Polyvinyl Chloride Resins Market - Porter's Five Forces |
3.5 Thailand Polyvinyl Chloride Resins Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.6 Thailand Polyvinyl Chloride Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Polyvinyl Chloride Resins Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Thailand Polyvinyl Chloride Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for PVC products in construction, automotive, and packaging industries in Thailand |
4.2.2 Increasing urbanization and infrastructure development projects driving the consumption of PVC resins |
4.2.3 Favorable government policies supporting the use of PVC in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of PVC resins |
4.3.2 Environmental concerns and regulations regarding the disposal and recycling of PVC products |
4.3.3 Competition from alternative materials such as polyethylene and polypropylene affecting the market share of PVC resins |
5 Thailand Polyvinyl Chloride Resins Market Trends |
6 Thailand Polyvinyl Chloride Resins Market, By Types |
6.1 Thailand Polyvinyl Chloride Resins Market, By Production Process |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Production Process, 2021-2031F |
6.1.3 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Hydrochlorination of Acetylene, 2021-2031F |
6.1.4 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Dehydrochlorination of Ethylene Dichloride, 2021-2031F |
6.2 Thailand Polyvinyl Chloride Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2.3 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Co-Polymer Resins, 2021-2031F |
6.3 Thailand Polyvinyl Chloride Resins Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.6 Thailand Polyvinyl Chloride Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Polyvinyl Chloride Resins Market Import-Export Trade Statistics |
7.1 Thailand Polyvinyl Chloride Resins Market Export to Major Countries |
7.2 Thailand Polyvinyl Chloride Resins Market Imports from Major Countries |
8 Thailand Polyvinyl Chloride Resins Market Key Performance Indicators |
8.1 Capacity utilization rate of PVC resin manufacturing plants in Thailand |
8.2 Average selling price of PVC resins in the domestic market |
8.3 Number of new product developments and innovations in the PVC resin sector in Thailand |
9 Thailand Polyvinyl Chloride Resins Market - Opportunity Assessment |
9.1 Thailand Polyvinyl Chloride Resins Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.2 Thailand Polyvinyl Chloride Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Polyvinyl Chloride Resins Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Thailand Polyvinyl Chloride Resins Market - Competitive Landscape |
10.1 Thailand Polyvinyl Chloride Resins Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polyvinyl Chloride Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |