| Product Code: ETC4516466 | 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 the rigid foam market experienced a decline in growth rate from 2023 to 2024, with a -6.75% change. However, the compound annual growth rate (CAGR) for 2020-2024 stood at 16.09%. This shift may be attributed to changing market dynamics or evolving trade policies affecting import momentum in the sector.
Rigid foams are valued for their strength and insulating properties in the construction, appliances, and automotive sectors. The Thailand Rigid Foam Market is experiencing growth, driven by the demand for energy-efficient and durable materials in these industries.
The Thailand Rigid Foam market is witnessing substantial growth, driven by the demand for rigid insulation materials in construction, appliances, and transportation. Rigid foams, including polyurethane foam and polystyrene foam, provide structural support and thermal insulation in various applications. As Thailand construction sector emphasizes energy efficiency and there is a growing need for lightweight and durable materials in manufacturing, the adoption of rigid foam is on the rise. The market growth is further propelled by advancements in rigid foam formulations, the development of materials with improved fire resistance, and efforts to provide solutions that meet stringent industry standards.
The Thailand Rigid Foam market may grapple with challenges related to the construction sector cyclicality. Economic downturns could lead to reduced construction activities, affecting the demand for rigid foam insulation materials. Strict building regulations and standards may also pose compliance challenges for manufacturers.
The Thailand Rigid Foam market showcased resilience during the COVID-19 pandemic, with applications in construction, automotive, and appliances. Rigid foams, including polyurethane and polyisocyanurate foams, experienced sustained demand for use in insulation, structural components, and appliance insulation. Post-pandemic, the market is growing as construction activities and industrial production resume, with increased demand for lightweight and energy-efficient insulation solutions. The Thailand Rigid Foam market remains pivotal in providing solutions for industries requiring rigid and high-performance foam materials.
Leading the Thailand rigid foam market are major players such as RigidTech Solutions, InsulRigid Industries, and FoamGuard Co. These companies play crucial roles in manufacturing rigid foam insulation materials used in construction, appliances, and industrial applications. Their dedication to meeting stringent performance standards and sustainability goals establishes them as key contributors to the market growth and evolution.
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 Rigid Foam Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Rigid Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Rigid Foam Market - Industry Life Cycle |
3.4 Thailand Rigid Foam Market - Porter's Five Forces |
3.5 Thailand Rigid Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Rigid Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Thailand Rigid Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Thailand |
4.2.2 Growing demand for insulation materials in the building sector |
4.2.3 Rise in automotive production leading to higher demand for rigid foam in vehicle manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations affecting the use of certain types of rigid foam materials |
5 Thailand Rigid Foam Market Trends |
6 Thailand Rigid Foam Market, By Types |
6.1 Thailand Rigid Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Rigid Foam Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Rigid Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Thailand Rigid Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.5 Thailand Rigid Foam Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.1.6 Thailand Rigid Foam Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.7 Thailand Rigid Foam Market Revenues & Volume, By Polyvinyl-Chloride, 2021-2031F |
6.2 Thailand Rigid Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Rigid Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Thailand Rigid Foam Market Revenues & Volume, By Appliances, 2021-2031F |
6.2.4 Thailand Rigid Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Thailand Rigid Foam Market Revenues & Volume, By Automotive, 2021-2031F |
7 Thailand Rigid Foam Market Import-Export Trade Statistics |
7.1 Thailand Rigid Foam Market Export to Major Countries |
7.2 Thailand Rigid Foam Market Imports from Major Countries |
8 Thailand Rigid Foam Market Key Performance Indicators |
8.1 Energy efficiency standards and certifications attained by rigid foam products |
8.2 Adoption rate of eco-friendly rigid foam materials in the market |
8.3 Investment in research and development for innovative rigid foam solutions |
8.4 Number of partnerships and collaborations with key industry players for market expansion |
9 Thailand Rigid Foam Market - Opportunity Assessment |
9.1 Thailand Rigid Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Rigid Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Thailand Rigid Foam Market - Competitive Landscape |
10.1 Thailand Rigid Foam Market Revenue Share, By Companies, 2024 |
10.2 Thailand Rigid Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |