| Product Code: ETC4490606 | Publication Date: Jul 2023 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend in the styrenics market exhibited a notable growth rate of 7.36% from 2023 to 2024, with a compound annual growth rate (CAGR) of 9.2% for the period 2020-2024. This uptrend can be attributed to increasing demand for styrenics in various industries, indicating a positive market stability and sustained import momentum during the period.

Styrenics, including polystyrene and styrene-butadiene rubber, find wide-ranging applications in the packaging, construction, and automotive sectors. The Thailand Styrenics market is influenced by the country growing consumer demand and its expanding industrial base. As these industries continue to thrive, the market for styrenics remains a vital component of the economy.
The Styrenics market in Thailand is experiencing significant growth, driven by its applications in packaging, construction, and consumer goods. Styrenics, including polystyrene and ABS, are versatile polymers known for their lightweight and cost-effective properties. The growth of the packaging and construction sectors in Thailand, coupled with the increasing demand for durable and affordable materials, is contributing to the adoption of styrenics. Moreover, their role in the production of consumer goods and electrical appliances is further propelling the positive momentum of the styrenics market.
In the Thailand Styrenics market, challenges stem from environmental concerns, recycling issues, and the need for product innovation. Addressing the environmental impact of styrenics and developing recyclable alternatives are persistent challenges. Market players must invest in research and development to meet sustainability goals while maintaining product performance and market competitiveness.
The Thailand Styrenics market encountered challenges during the COVID-19 pandemic, with disruptions in the packaging, electronics, and automotive industries. The market is recovering as these sectors regain momentum, and there is a growing demand for styrenics in various applications. Manufacturers are adapting to changing market dynamics by providing high-quality styrenic polymers for use in packaging, insulation, and consumer goods in the post-pandemic landscape.
StyrenicsTech Solutions Ltd. is a major player in the Thailand Styrenics market. Specializing in the production of styrenic polymers used in packaging, construction, and consumer goods, StyrenicsTech Solutions Ltd. contributes to providing lightweight and cost-effective materials. The company styrenics play a crucial role in diverse applications, including food packaging, insulation, and household items, in the Thai market.
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 Styrenics Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Styrenics Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Styrenics Market - Industry Life Cycle |
3.4 Thailand Styrenics Market - Porter's Five Forces |
3.5 Thailand Styrenics Market Revenues & Volume Share, By Polymer Types, 2021 & 2031F |
4 Thailand Styrenics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for styrenics in various industries such as packaging, automotive, and electronics due to their lightweight and durable properties. |
4.2.2 Growing population and urbanization in Thailand leading to higher consumption of products made from styrenics. |
4.2.3 Favorable government policies and initiatives promoting the use of styrenics in different applications. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of styrenics. |
4.3.2 Stringent environmental regulations and increasing focus on sustainability leading to challenges in the disposal and recycling of styrenics. |
4.3.3 Intense competition from alternative materials such as bio-based plastics affecting the market growth. |
5 Thailand Styrenics Market Trends |
6 Thailand Styrenics Market, By Types |
6.1 Thailand Styrenics Market, By Polymer Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Styrenics Market Revenues & Volume, By Polymer Types, 2021-2031F |
6.1.3 Thailand Styrenics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.4 Thailand Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F |
6.1.5 Thailand Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.6 Thailand Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2021-2031F |
6.1.7 Thailand Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2021-2031F |
6.1.8 Thailand Styrenics Market Revenues & Volume, By Other Polymers, 2021-2031F |
7 Thailand Styrenics Market Import-Export Trade Statistics |
7.1 Thailand Styrenics Market Export to Major Countries |
7.2 Thailand Styrenics Market Imports from Major Countries |
8 Thailand Styrenics Market Key Performance Indicators |
8.1 Recycling rate of styrenics in Thailand. |
8.2 Adoption rate of styrenics in new applications or industries. |
8.3 Investment in research and development for innovative styrenics products. |
8.4 Carbon footprint reduction initiatives in the production of styrenics. |
8.5 Consumer perception and awareness of the environmental impact of styrenics. |
9 Thailand Styrenics Market - Opportunity Assessment |
9.1 Thailand Styrenics Market Opportunity Assessment, By Polymer Types, 2021 & 2031F |
10 Thailand Styrenics Market - Competitive Landscape |
10.1 Thailand Styrenics Market Revenue Share, By Companies, 2024 |
10.2 Thailand Styrenics 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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