Product Code: ETC192637 | 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 Thailand Sodium Nitrate Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 1.74% in 2025 and reaches 7.76% by 2029.
The Sodium Nitrate market in Thailand is projected to grow at a stable growth rate of 2.92% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Thailand sodium nitrate market reached a value of US$ 12 billion in 2025 and is further anticipated to grow at a CAGR of 8% on account of escalating consumption across various industries such as chemicals, explosives manufacturing, agriculture & fertilizers etc., According to 6Wresearch?s latest report titled ?Thailand Sodium Nitrate Market Industry Trends, Share, Size, Growth Opportunity and Forecast?. Rising disposable incomes along with technological advancements concerning products are some other factors that are propelling its sales throughout Bangladesh.
In the Thailand sodium nitrate market, the use of sodium nitrate in fertilizers, explosives, and food preservation drives demand. Its role in boosting agricultural productivity and its application in diverse industries contribute to market growth.
The Thailand sodium nitrate market is affected by both international market dynamics and safety considerations. International price fluctuations impact the cost of raw materials, influencing the overall profitability of sodium nitrate production. Additionally, safety concerns related to the handling and storage of sodium nitrate necessitate rigorous adherence to safety protocols.
Reduced industrial activities affected the demand for sodium nitrate, which is used in various industrial processes. Disruptions in international trade also impacted the supply of this chemical.
The Thailand sodium nitrate market involves key players like Thai Nitrate Co., Ltd., contributing to the supply of sodium nitrate used in agriculture, explosives, and specialty chemicals.
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 Nitrate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sodium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sodium Nitrate Market - Industry Life Cycle |
3.4 Thailand Sodium Nitrate Market - Porter's Five Forces |
3.5 Thailand Sodium Nitrate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Sodium Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sodium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium nitrate in the agriculture sector for use as a fertilizer |
4.2.2 Growth in the food industry driving the demand for sodium nitrate as a food preservative |
4.2.3 Expansion of the chemical industry in Thailand requiring sodium nitrate as a raw material |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of sodium nitrate in food products due to health concerns |
4.3.2 Fluctuating prices of raw materials affecting the production cost of sodium nitrate |
5 Thailand Sodium Nitrate Market Trends |
6 Thailand Sodium Nitrate Market, By Types |
6.1 Thailand Sodium Nitrate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sodium Nitrate Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Sodium Nitrate Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 Thailand Sodium Nitrate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.5 Thailand Sodium Nitrate Market Revenues & Volume, By Food, 2021-2031F |
6.2 Thailand Sodium Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sodium Nitrate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.3 Thailand Sodium Nitrate Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.4 Thailand Sodium Nitrate Market Revenues & Volume, By Explosives, 2021-2031F |
6.2.5 Thailand Sodium Nitrate Market Revenues & Volume, By Glass, 2021-2031F |
6.2.6 Thailand Sodium Nitrate Market Revenues & Volume, By Pharmaceutica, 2021-2031F |
6.2.7 Thailand Sodium Nitrate Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Thailand Sodium Nitrate Market Import-Export Trade Statistics |
7.1 Thailand Sodium Nitrate Market Export to Major Countries |
7.2 Thailand Sodium Nitrate Market Imports from Major Countries |
8 Thailand Sodium Nitrate Market Key Performance Indicators |
8.1 Number of new product launches containing sodium nitrate in the food industry |
8.2 Growth in the agriculture sector measured by the increase in fertilizer usage |
8.3 Number of partnerships or collaborations between sodium nitrate manufacturers and chemical companies |
9 Thailand Sodium Nitrate Market - Opportunity Assessment |
9.1 Thailand Sodium Nitrate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Sodium Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sodium Nitrate Market - Competitive Landscape |
10.1 Thailand Sodium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sodium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |