| Product Code: ETC348205 | Publication Date: Aug 2022 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Thailand structural core materials market, the import trend saw significant growth from 2023 to 2024, with a growth rate of 101.29%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 11.96%. This surge in imports can be attributed to a notable demand shift towards advanced core materials, reflecting market dynamics favoring high-performance products.

Structural core materials, including composites and foams, are essential components in various industries, such as aerospace, marine, automotive, and wind energy. The Thailand structural core materials market has gained prominence as these materials are used to enhance the strength, durability, and lightweight properties of composite structures. With an increasing focus on sustainable and lightweight materials in various applications, the market has seen growth, especially in industries like aerospace and renewable energy. Thailand strategic location and growing manufacturing sector have contributed to the development of this market.
The Thailand structural core materials market is witnessing growth due to several driving factors. Firstly, the aerospace and marine industries in Thailand are expanding, increasing the demand for lightweight and durable structural materials. Structural core materials, such as honeycomb composites and foam cores, play a crucial role in reducing weight while maintaining structural integrity. Secondly, the renewable energy sector`s growth, particularly in wind turbine blades and solar panel structures, drives the demand for these materials. Additionally, the automotive industry`s focus on lightweighting and fuel efficiency further boosts the use of structural core materials. Environmental concerns and sustainability goals are driving the adoption of recyclable and eco-friendly core materials in various applications, supporting market growth.
The Thailand structural core materials market faces challenges associated with material selection and performance. Finding cost-effective, sustainable, and high-quality materials for structural applications can be complex. Regulatory changes affecting construction standards and safety can also disrupt the market. Additionally, market participants need to invest in research and development to keep pace with technological advancements and customer preferences.
The Thailand Structural Core Materials Market saw a dip in demand during the pandemic, particularly in the aerospace and automotive industries. Reduced manufacturing activity and disruptions in the supply chain affected the market. Recovery depends on the revival of these key industries and improved supply chain stability.
The Thailand structural core materials market features companies like Gurit Holdings AG and Diab Group. They are known for their innovative solutions in composite materials, catering to industries such as aerospace and marine.
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 Structural Core Materials Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Structural Core Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Structural Core Materials Market - Industry Life Cycle |
3.4 Thailand Structural Core Materials Market - Porter's Five Forces |
3.5 Thailand Structural Core Materials Market Revenues & Volume Share, By Skin Type, 2021 & 2031F |
3.6 Thailand Structural Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand Structural Core Materials Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Thailand Structural Core Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the aerospace and automotive industries |
4.2.2 Growing construction activities in Thailand |
4.2.3 Rising focus on energy-efficient and sustainable building practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of awareness about the benefits of structural core materials |
4.3.3 Limited availability of skilled labor for working with advanced core materials |
5 Thailand Structural Core Materials Market Trends |
6 Thailand Structural Core Materials Market, By Types |
6.1 Thailand Structural Core Materials Market, By Skin Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Structural Core Materials Market Revenues & Volume, By Skin Type, 2021-2031F |
6.1.3 Thailand Structural Core Materials Market Revenues & Volume, By GFRP, 2021-2031F |
6.1.4 Thailand Structural Core Materials Market Revenues & Volume, By CFRP, 2021-2031F |
6.1.5 Thailand Structural Core Materials Market Revenues & Volume, By NFRP, 2021-2031F |
6.1.6 Thailand Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Structural Core Materials Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Structural Core Materials Market Revenues & Volume, By Foam, 2021-2031F |
6.2.3 Thailand Structural Core Materials Market Revenues & Volume, By Honeycomb, 2021-2031F |
6.2.4 Thailand Structural Core Materials Market Revenues & Volume, By Balsa, 2021-2031F |
6.3 Thailand Structural Core Materials Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Structural Core Materials Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.3 Thailand Structural Core Materials Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Thailand Structural Core Materials Market Revenues & Volume, By Medical Packaging, 2021-2031F |
6.3.5 Thailand Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Structural Core Materials Market Import-Export Trade Statistics |
7.1 Thailand Structural Core Materials Market Export to Major Countries |
7.2 Thailand Structural Core Materials Market Imports from Major Countries |
8 Thailand Structural Core Materials Market Key Performance Indicators |
8.1 Adoption rate of structural core materials in key industries |
8.2 Investment in research and development for innovative core materials |
8.3 Number of partnerships and collaborations for technology transfer and knowledge sharing |
9 Thailand Structural Core Materials Market - Opportunity Assessment |
9.1 Thailand Structural Core Materials Market Opportunity Assessment, By Skin Type, 2021 & 2031F |
9.2 Thailand Structural Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand Structural Core Materials Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Thailand Structural Core Materials Market - Competitive Landscape |
10.1 Thailand Structural Core Materials Market Revenue Share, By Companies, 2024 |
10.2 Thailand Structural Core Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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