Product Code: ETC344785 | 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 rosing resin market in Thailand plays a significant role in various industries, including adhesives, inks, coatings, and rubber production. Rosin resin is derived from pine trees and is known for its adhesive and binding properties. Thailand robust forestry industry and sustainable resin extraction practices make it a key player in the global rosin resin market. The demand for rosin resin has seen consistent growth, driven by the construction sector`s adhesive applications and the printing and packaging industry`s need for inks and coatings. Additionally, the expansion of the automotive and tire manufacturing sectors in Thailand has further stimulated demand for rosin resins in the production of rubber compounds.
The Thailand rosin resin market is expanding owing to its wide range of applications across industries such as adhesives, coatings, inks, and rubber manufacturing. The growth in the construction and automotive sectors is fueling the demand for adhesives and coatings, which, in turn, drives the demand for rosin resin. Additionally, the electronics and packaging industries are increasingly using rosin resin in various formulations. The market is also benefiting from innovations in product development and sustainability, as eco-friendly resins gain prominence in response to environmental concerns.
The Thailand rosin resin market confronts various challenges. One primary issue is the competition from synthetic alternatives, which can often offer cost advantages. Adhering to quality standards and maintaining consistent resin properties is essential, given the diverse applications of rosin resin. Environmental concerns also play a role, necessitating sustainable resin extraction methods and waste management. Additionally, the market must navigate global supply chain disruptions, affecting the availability of raw materials. Balancing cost considerations, quality assurance, and sustainability is vital for players in this sector.
The Thailand rosin resin market, used in various industries such as adhesives and coatings, faced disruptions in the supply chain during the pandemic. Limited availability of raw materials and logistical challenges affected production. Demand also fluctuated as some industries reduced operations. The market`s recovery was closely tied to resolving supply chain issues and adapting to changing market dynamics.
Leading players in the Thailand rosin resin market encompass companies like Siam Pine Chemicals Group and Thai Resins Industry Co., Ltd. These manufacturers produce rosin resin, which is used in various applications, including adhesives, inks, and coatings.
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 Resin Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Rosin Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Rosin Resin Market - Industry Life Cycle |
3.4 Thailand Rosin Resin Market - Porter's Five Forces |
3.5 Thailand Rosin Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Rosin Resin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Rosin Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Rosin Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for rosin resin in various industries such as adhesives, printing inks, and rubber. |
4.2.2 Increasing emphasis on eco-friendly and sustainable products, driving the use of rosin resin as a natural alternative. |
4.2.3 Expansion of end-use industries in Thailand, leading to higher consumption of rosin resin. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of rosin resin. |
4.3.2 Competition from synthetic substitutes affecting the market share of rosin resin. |
4.3.3 Lack of awareness about the benefits and applications of rosin resin among end-users. |
5 Thailand Rosin Resin Market Trends |
6 Thailand Rosin Resin Market, By Types |
6.1 Thailand Rosin Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Rosin Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Rosin Resin Market Revenues & Volume, By Rosin Acids, 2021-2031F |
6.1.4 Thailand Rosin Resin Market Revenues & Volume, By Rosin Esters, 2021-2031F |
6.1.5 Thailand Rosin Resin Market Revenues & Volume, By Hydrogenated Rosin Resins, 2021-2031F |
6.1.6 Thailand Rosin Resin Market Revenues & Volume, By Dimerized Rosin Resins, 2021-2031F |
6.1.7 Thailand Rosin Resin Market Revenues & Volume, By Modified Rosin Resins, 2021-2031F |
6.2 Thailand Rosin Resin Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Rosin Resin Market Revenues & Volume, By Gum Rosin, 2021-2031F |
6.2.3 Thailand Rosin Resin Market Revenues & Volume, By Wood Rosin, 2021-2031F |
6.2.4 Thailand Rosin Resin Market Revenues & Volume, By Tall Oil Rosin, 2021-2031F |
6.3 Thailand Rosin Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Rosin Resin Market Revenues & Volume, By Rubbers, 2021-2031F |
6.3.3 Thailand Rosin Resin Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.4 Thailand Rosin Resin Market Revenues & Volume, By Inks, 2021-2031F |
6.3.5 Thailand Rosin Resin Market Revenues & Volume, By Adhesives, 2021-2031F |
6.3.6 Thailand Rosin Resin Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.7 Thailand Rosin Resin Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
7 Thailand Rosin Resin Market Import-Export Trade Statistics |
7.1 Thailand Rosin Resin Market Export to Major Countries |
7.2 Thailand Rosin Resin Market Imports from Major Countries |
8 Thailand Rosin Resin Market Key Performance Indicators |
8.1 Environmental certifications obtained by rosin resin manufacturers indicating sustainable production practices. |
8.2 Research and development investments in innovative rosin resin products. |
8.3 Number of partnerships or collaborations between rosin resin producers and end-use industries for product development. |
9 Thailand Rosin Resin Market - Opportunity Assessment |
9.1 Thailand Rosin Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Rosin Resin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Rosin Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Rosin Resin Market - Competitive Landscape |
10.1 Thailand Rosin Resin Market Revenue Share, By Companies, 2024 |
10.2 Thailand Rosin Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |