Product Code: ETC206857 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The sodium azide market in Thailand was estimated at around USD 2 million in 2025 and is expected to grow with a CAGR of 6% during the forecast period. Increasing demand from automotive airbag manufacturing industry coupled with stringent government regulations concerning safety standards are key factors driving its demand globally including Thailand.
Sodium azide finds applications in pharmaceuticals, airbags, and chemical synthesis. The market growth is driven by the pharmaceutical sector`s need for diverse chemical compounds and safety requirements in the automotive industry. The emphasis on road safety and the expansion of pharmaceutical research contribute to sodium azide`s market demand.
Sodium azide is used in airbags and chemical synthesis. Challenges for this market include the compound`s potential explosive nature and the need for strict safety measures during handling. Balancing the benefits of its applications with safety concerns is an ongoing challenge.
The sodium azide market experienced mixed effects due to COVID-19. While the market is influenced by sectors like pharmaceuticals and chemicals, which saw increased demand due to healthcare needs, disruptions in automotive and manufacturing hindered growth. The market is now in a phase of recalibration as various industries recover at different paces.
Key players in the Thailand sodium azide market, such as AzideChem Co., SodiumTech Innovations, and Chemical Compounds Corp., play vital roles. AzideChem Co. is a major producer of sodium azide, serving industries such as chemicals, pharmaceuticals, and explosives. SodiumTech Innovations specializes in sodium-based compounds, providing sodium azide for diverse applications. Chemical Compounds Corp. focuses on chemical solutions, offering sodium azide for specialized uses. These key players contribute to various sectors by supplying sodium azide, a critical compound for a wide range of applications in Thailand.
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 Sodium Azide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sodium Azide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sodium Azide Market - Industry Life Cycle |
3.4 Thailand Sodium Azide Market - Porter's Five Forces |
3.5 Thailand Sodium Azide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Sodium Azide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sodium Azide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium azide in the pharmaceutical industry for research and development purposes. |
4.2.2 Growth in the chemical industry in Thailand, leading to higher demand for sodium azide as a reagent. |
4.2.3 Rising investments in biotechnology and healthcare sectors driving the demand for sodium azide in various applications. |
4.3 Market Restraints |
4.3.1 Stringent regulations and safety concerns associated with the handling and disposal of sodium azide. |
4.3.2 Fluctuations in raw material prices impacting the production cost of sodium azide. |
4.3.3 Competition from alternative chemicals or substitutes affecting the market share of sodium azide. |
5 Thailand Sodium Azide Market Trends |
6 Thailand Sodium Azide Market, By Types |
6.1 Thailand Sodium Azide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sodium Azide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Sodium Azide Market Revenues & Volume, By 100% Purity, 2021-2031F |
6.1.4 Thailand Sodium Azide Market Revenues & Volume, By 99% Purity, 2021-2031F |
6.2 Thailand Sodium Azide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sodium Azide Market Revenues & Volume, By Probe Reagent, 2021-2031F |
6.2.3 Thailand Sodium Azide Market Revenues & Volume, By Preservative, 2021-2031F |
6.2.4 Thailand Sodium Azide Market Revenues & Volume, By Nitridizing Agent, 2021-2031F |
6.2.5 Thailand Sodium Azide Market Revenues & Volume, By Cytochrome Oxidase Inhibitor, 2021-2031F |
6.2.6 Thailand Sodium Azide Market Revenues & Volume, By Propellant in Airbags, 2021-2031F |
7 Thailand Sodium Azide Market Import-Export Trade Statistics |
7.1 Thailand Sodium Azide Market Export to Major Countries |
7.2 Thailand Sodium Azide Market Imports from Major Countries |
8 Thailand Sodium Azide Market Key Performance Indicators |
8.1 Number of new product developments or innovations using sodium azide in the market. |
8.2 Research and development expenditure by key players in developing new applications for sodium azide. |
8.3 Adoption rate of sodium azide in emerging industries such as biotechnology and healthcare sectors in Thailand. |
9 Thailand Sodium Azide Market - Opportunity Assessment |
9.1 Thailand Sodium Azide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Sodium Azide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sodium Azide Market - Competitive Landscape |
10.1 Thailand Sodium Azide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sodium Azide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |