Thailand Rubber Market (2025-2031) | Forecast, Value, Companies, Analysis, Trends, Growth, Share, Outlook, Size, Revenue & Industry

Thailand Rubber Market Synopsis

Thailand is one of the world???s leading producers and exporters of natural rubber. Over the past decade, Thailand has emerged as a major player in the global rubber market due to its strong production capabilities and attractive prices. The country accounts for around 28 percent of global rubber exports, making it the largest exporter of natural rubber in the world. Its main export markets include China, Germany, India, Japan and South Korea.

Market Drivers

The rising demand for automotive tires is expected to be a key driver for growth in Thailand rubber industry over the next few years. This is attributed to an increase in vehicle sales globally which will lead to higher demand from tire manufacturers who source their raw materials from Thailand well-developed supply chain network. In addition, increased government initiatives aimed at promoting research & development into new products such as eco-friendly tires are also likely to contribute towards future growth within this sector over coming years. Technological advancements such as 3D printing have also opened up a variety of possibilities which could further add value to existing production processes within this industry space going forward.

Challenges of the Market

The nature of international trade agreements can significantly impact on pricing structure across different countries including Thailand domestic market price level for natural rubbers used by tire manufacturers domestically or elsewhere abroad therefore creating challenges with regards maintaining competitive prices against other suppliers.Other issues such as climate change affecting crop yields along with health and safety concerns related with toxic chemicals used during processing may influence costs associated with producing high quality end products suitable for large scale manufacturing needs accordingly.

Covid-19 Impact on the Market

COVID 19 pandemic has led to recessionary pressures globally resulting in reduced economic activity across many sectors including motor vehicle manufacturing/sales which form key downstream consumers of Thailand produced rubbers thereby reducing overall demand levels significantly since early 2025 onwards.Nonetheless, there have been some positive factors that have provided buoyancy even during these trying times - namely, increased investments towards sustainable technologies (such as electric vehicles ) coupled with government support programmes providing financial assistance / incentives encouraging businesses & individuals alike invest more heavily into research & development activities focused specifically on finding alternative uses beyond core tyre making applications where potential returns can still be achieved without having too much reliance on traditional car / commercial truck sectors.

Key Players of the Market

Major players operating within Thailand natural rubber industry landscape include Siam Cement Group (SCG).

Key Highlights of the Report:

• Thailand Rubber Market Outlook
• Market Size of Thailand Rubber Market, 2024
• Forecast of Thailand Rubber Market, 2031
• Historical Data and Forecast of Thailand Rubber Revenues & Volume for the Period 2021-2031
• Thailand Rubber Market Trend Evolution
• Thailand Rubber Market Drivers and Challenges
• Thailand Rubber Price Trends
• Thailand Rubber Porter's Five Forces
• Thailand Rubber Industry Life Cycle
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Product Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Natural Rubber for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Synthetic Rubber for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By End-users for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Building & Construction for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Industrial Machinery & Equipment for the Period 2021-2031
• Historical Data and Forecast of Thailand Rubber Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Rubber Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By End-users
• Thailand Rubber Top Companies Market Share
• Thailand Rubber Competitive Benchmarking By Technical and Operational Parameters
• Thailand Rubber Company Profiles
• Thailand Rubber Key Strategic Recommendations