Product Code: ETC107084 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Rosin Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 1.72% in 2025, growth builds up to 4.57% by 2029.
In the Asia region, the Rosin market in Thailand is projected to expand at a stable growth rate of 1.93% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The rosin market in Thailand is expected to grow at a CAGR of 4.8% over the forecast period. The total revenue of the Thai rosin market was estimated to be USD 73.9 million in 2025 and it is projected to reach USD 94.5 million, primarily driven by its increasing usage as an adhesive for paper products and its growing applications in paints & coatings industry. Furthermore, rising product demand from printing industries due to their excellent adhesion features is also likely to drive the market growth during the forecast period.
Thailandrosin market is closely linked to the rubber and adhesive industries. Rosin, a natural resin obtained from pine trees, is a key component in the production of adhesives and rubbers. The expansion of sectors such as packaging, construction, and automotive contributes to the steady demand for rosin-based products.
In the Thailand resorcinol formaldehyde resin and rosin markets, challenges revolve around adapting to changing environmental regulations and market preferences. Both resins have a wide range of industrial applications. However, increasing awareness of environmental issues and the demand for sustainable products necessitate the development of alternatives that are less harmful to the environment. Manufacturers need to invest in research and innovation to create eco-friendly substitutes while maintaining the desired functionality.
The Thailand rosin market encountered a varied impact from the Covid-19 pandemic. The market`s reliance on sectors like adhesives, coatings, and inks made it susceptible to fluctuations in industrial activities. With restrictions on movement and reduced manufacturing, demand for rosin-based products decreased. However, the market`s connection to essential products like packaging materials supported a certain level of demand. As economic activities picked up pace, the market exhibited a modest recovery.
In the Thailand rosin market, key players such as RosinFlex Industries, ThaiAdhesive Co., and PineHarvest Extracts have been influential. These companies have been supplying rosin for applications in adhesives, inks, and coatings. Despite the challenges posed by the pandemic, their products have maintained significance in supporting essential industries.
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 Rosin Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Rosin Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Rosin Market - Industry Life Cycle |
3.4 Thailand Rosin Market - Porter's Five Forces |
3.5 Thailand Rosin Market Revenues & Volume Share, By Rosin Type, 2021 & 2031F |
3.6 Thailand Rosin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Rosin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Rosin Market Trends |
6 Thailand Rosin Market, By Types |
6.1 Thailand Rosin Market, By Rosin Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Rosin Market Revenues & Volume, By Rosin Type, 2018 - 2031F |
6.1.3 Thailand Rosin Market Revenues & Volume, By Gum, 2018 - 2031F |
6.1.4 Thailand Rosin Market Revenues & Volume, By Wood, 2018 - 2031F |
6.1.5 Thailand Rosin Market Revenues & Volume, By Tall Oil, 2018 - 2031F |
6.2 Thailand Rosin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Rosin Market Revenues & Volume, By Adhesives, 2018 - 2031F |
6.2.3 Thailand Rosin Market Revenues & Volume, By Paints and Varnishes, 2018 - 2031F |
6.2.4 Thailand Rosin Market Revenues & Volume, By Rubbers, 2018 - 2031F |
6.2.5 Thailand Rosin Market Revenues & Volume, By Paper Sizing and Fillers, 2018 - 2031F |
6.2.6 Thailand Rosin Market Revenues & Volume, By Printing Inks, 2018 - 2031F |
6.2.7 Thailand Rosin Market Revenues & Volume, By Other Applications, 2018 - 2031F |
7 Thailand Rosin Market Import-Export Trade Statistics |
7.1 Thailand Rosin Market Export to Major Countries |
7.2 Thailand Rosin Market Imports from Major Countries |
8 Thailand Rosin Market Key Performance Indicators |
9 Thailand Rosin Market - Opportunity Assessment |
9.1 Thailand Rosin Market Opportunity Assessment, By Rosin Type, 2021 & 2031F |
9.2 Thailand Rosin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Rosin Market - Competitive Landscape |
10.1 Thailand Rosin Market Revenue Share, By Companies, 2024 |
10.2 Thailand Rosin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |