| Product Code: ETC202837 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The styrene oxide market in Thailand was valued at approximately US$18 million in 2025, exhibiting a CAGR of 6?8% during the period. Growing demand from medical applications such as sterilizers used during surgeries is driving the growth of this market segment significantly. Moreover, increasing demand from various end-use industries including paints & coatings, adhesives & sealants among others has further boosted sale opportunities of styrene oxides across the country.
Styrene oxide is a precursor in the production of various chemicals, including plastics and pharmaceuticals. The market is influenced by the growth of the plastics and pharmaceutical industries, both of which are vital to the global economy.
Styrene oxide finds use as an intermediate in the production of various chemicals. Challenges stem from its potential health and environmental impacts, leading to regulatory scrutiny. Ensuring safe production processes and addressing environmental concerns are ongoing challenges in the styrene oxide market.
The Thailand Styrene Oxide Market saw changes in demand due to disruptions in the production of plastics and rubber products. Styrene oxide is used in the synthesis of these materials, and the slowdown in these industries had a cascading effect on its market.
In the Thailand styrene oxide market, key players like StyreneChem Co., Oxide Innovations Ltd., and Specialty Polymers Corp. are central to the industry. StyreneChem Co. is a major producer of styrene oxide, serving as a key ingredient in the production of resins, plastics, and pharmaceuticals. Oxide Innovations Ltd. specializes in oxide compounds, providing high-quality styrene oxide for various industrial applications. Specialty Polymers Corp. focuses on polymers and specialty chemicals, offering innovative solutions using styrene oxide derivatives. These key players play a significant role in Thailand`s industrial growth by ensuring a stable supply of styrene oxide for diverse applications.
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 Styrene Oxide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Styrene Oxide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Styrene Oxide Market - Industry Life Cycle |
3.4 Thailand Styrene Oxide Market - Porter's Five Forces |
3.5 Thailand Styrene Oxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Styrene Oxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Thailand Styrene Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for styrene oxide in the cosmetics and personal care industry |
4.2.2 Growing adoption of styrene oxide in the production of specialty chemicals |
4.2.3 Expanding applications of styrene oxide in the pharmaceutical sector |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of styrene oxide |
4.3.2 Stringent regulations related to environmental impact and safety standards |
4.3.3 Competition from alternative chemicals with similar properties |
5 Thailand Styrene Oxide Market Trends |
6 Thailand Styrene Oxide Market, By Types |
6.1 Thailand Styrene Oxide Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Styrene Oxide Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Styrene Oxide Market Revenues & Volume, By Spice Intermediate, 2021-2031F |
6.1.4 Thailand Styrene Oxide Market Revenues & Volume, By Medicine, 2021-2031F |
6.1.5 Thailand Styrene Oxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Styrene Oxide Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Styrene Oxide Market Revenues & Volume, By Content 98.5%, 2021-2031F |
6.2.3 Thailand Styrene Oxide Market Revenues & Volume, By Content 99%, 2021-2031F |
7 Thailand Styrene Oxide Market Import-Export Trade Statistics |
7.1 Thailand Styrene Oxide Market Export to Major Countries |
7.2 Thailand Styrene Oxide Market Imports from Major Countries |
8 Thailand Styrene Oxide Market Key Performance Indicators |
8.1 Research and development investment in new applications of styrene oxide |
8.2 Adoption rate of eco-friendly production processes in the styrene oxide industry |
8.3 Number of partnerships and collaborations for expanding market reach |
9 Thailand Styrene Oxide Market - Opportunity Assessment |
9.1 Thailand Styrene Oxide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Styrene Oxide Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Thailand Styrene Oxide Market - Competitive Landscape |
10.1 Thailand Styrene Oxide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Styrene Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |