Product Code: ETC342565 | 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 Thailand Portland Cement Market could see a tapering of growth rates over 2025 to 2029. Starting high at -0.11% in 2025, the market steadily declines to -0.40% by 2029.
By 2027, the Portland Cement market in Thailand is anticipated to reach a growth rate of -0.16%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Thailand portland cement market has been a vital component of the country`s construction and infrastructure development for decades. The sector has experienced consistent growth due to a burgeoning construction industry and extensive infrastructure projects. Portland cement remains the primary binding agent for concrete, which is integral to construction. Thai cement manufacturers have adopted modern technologies and sustainable practices to meet the growing demand while reducing their environmental footprint. The market faces challenges related to environmental regulations and the need for efficient energy usage but continues to thrive as a cornerstone of Thailand construction sector.
The Thailand Portland Cement market is experiencing growth due to several key drivers. Firstly, the construction sector is the primary driver, with the demand for Portland cement driven by infrastructure development projects, residential construction, and commercial building projects. Thailand commitment to infrastructure development, including transportation networks and urban development, is contributing to the market`s growth. Additionally, the export of Portland cement to neighboring countries further supports market expansion. Moreover, the recovery of the global economy after the COVID-19 pandemic is driving construction activities, leading to increased cement consumption.
The Thailand Portland cement market grapples with numerous challenges. The industry is highly dependent on the construction sector, making it vulnerable to economic downturns and fluctuations in demand. Environmental concerns regarding carbon emissions from cement production have led to increased scrutiny and calls for sustainable alternatives. Additionally, the market faces competition from imported cement products, which can affect domestic manufacturers. Rising energy costs and the need for continuous technological advancements for efficient production pose further challenges.
The Thailand Portland cement market witnessed a significant impact from the COVID-19 pandemic. Lockdowns and restrictions on construction activities led to a slowdown in demand for cement. Many construction projects were put on hold or delayed, causing a decline in sales. However, as the country gradually reopened and infrastructure projects resumed, the market began to recover. The pandemic also highlighted the need for greater automation and digitalization in the industry to adapt to disruptions in the supply chain.
The Thailand Portland cement market is dominated by major players such as Siam Cement Group (SCG), TPI Polene, and Siam City Cement (SCCC). These companies are key players in the production and distribution of cement used in construction and infrastructure development projects.
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 Portland Cement Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Portland Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Portland Cement Market - Industry Life Cycle |
3.4 Thailand Portland Cement Market - Porter's Five Forces |
3.5 Thailand Portland Cement Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Portland Cement Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Portland Cement Market Revenues & Volume Share, By Packing Type, 2021 & 2031F |
4 Thailand Portland Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Thailand |
4.2.2 Government infrastructure projects driving demand for cement |
4.2.3 Growth in urbanization and industrialization in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental regulations affecting production processes |
4.3.3 Competition from alternative building materials |
5 Thailand Portland Cement Market Trends |
6 Thailand Portland Cement Market, By Types |
6.1 Thailand Portland Cement Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Portland Cement Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Portland Cement Market Revenues & Volume, By Type 1, 2021-2031F |
6.1.4 Thailand Portland Cement Market Revenues & Volume, By Type 2, 2021-2031F |
6.1.5 Thailand Portland Cement Market Revenues & Volume, By Type 3, 2021-2031F |
6.1.6 Thailand Portland Cement Market Revenues & Volume, By Type 4, 2021-2031F |
6.1.7 Thailand Portland Cement Market Revenues & Volume, By Type 5, 2021-2031F |
6.1.8 Thailand Portland Cement Market Revenues & Volume, By , 2021-2031F |
6.2 Thailand Portland Cement Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Portland Cement Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Thailand Portland Cement Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Thailand Portland Cement Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Thailand Portland Cement Market Revenues & Volume, By , 2021-2031F |
6.3 Thailand Portland Cement Market, By Packing Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Portland Cement Market Revenues & Volume, By 10 KG, 2021-2031F |
6.3.3 Thailand Portland Cement Market Revenues & Volume, By 15 KG, 2021-2031F |
6.3.4 Thailand Portland Cement Market Revenues & Volume, By 25 KG, 2021-2031F |
6.3.5 Thailand Portland Cement Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Portland Cement Market Import-Export Trade Statistics |
7.1 Thailand Portland Cement Market Export to Major Countries |
7.2 Thailand Portland Cement Market Imports from Major Countries |
8 Thailand Portland Cement Market Key Performance Indicators |
8.1 Energy efficiency of cement production processes |
8.2 Percentage of cement used in government infrastructure projects |
8.3 Adoption rate of sustainable practices in cement production |
8.4 Average selling price of cement in the market |
8.5 Investment in research and development for new cement technologies |
9 Thailand Portland Cement Market - Opportunity Assessment |
9.1 Thailand Portland Cement Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Portland Cement Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Portland Cement Market Opportunity Assessment, By Packing Type, 2021 & 2031F |
10 Thailand Portland Cement Market - Competitive Landscape |
10.1 Thailand Portland Cement Market Revenue Share, By Companies, 2024 |
10.2 Thailand Portland Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |