Product Code: ETC422781 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Synthetic Fiber Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.03% in 2025 and reaches 0.12% by 2029.
By 2027, the Synthetic Fiber market in Thailand is anticipated to reach a growth rate of 0.04%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Thailand synthetic fiber market plays a pivotal role in various industries, including textiles, automotive, and construction. Synthetic fibers, such as polyester and nylon, offer durability, versatility, and cost-effectiveness compared to natural fibers. The textile industry heavily relies on synthetic fibers for clothing, upholstery, and industrial fabrics. Moreover, the automotive sector uses these materials for manufacturing lightweight and fuel-efficient vehicles. As sustainability becomes a prominent concern, the market is witnessing a shift towards eco-friendly and recycled synthetic fibers. With ongoing innovation and increased awareness of environmental impacts, the Thailand synthetic fiber market is expected to evolve in response to changing consumer and industrial demands.
The Thailand synthetic fiber market is witnessing significant growth due to its diverse applications across industries. Synthetic fibers are used in textiles, automotive components, and various consumer goods. The market benefits from the versatility and cost-effectiveness of synthetic fibers, which are increasingly replacing traditional materials in multiple applications.
The Thailand Synthetic Fiber market grapples with challenges linked to environmental sustainability and the need for responsible production practices. Reducing the environmental impact of synthetic fiber manufacturing, particularly in terms of energy consumption and emissions, is a critical challenge. Competition from natural fibers and the pressure to meet global sustainability standards also affect market dynamics.
The synthetic fiber market faced supply chain challenges during the early stages of the pandemic, affecting production and availability. However, the market rebounded as demand for textiles, including PPE and medical fabrics, increased. The pandemic prompted a shift in consumer preferences towards products with antimicrobial and moisture-wicking properties, driving innovation in synthetic fiber technologies.
In the Thailand synthetic fiber market, several key players have emerged as industry leaders. Companies like Indorama Ventures, Thai Polyester, and Thai Acrylic Fiber have contributed to the growth of this sector. Indorama Ventures is a global powerhouse in the production of polyester fibers, while Thai Polyester focuses on the manufacturing of polyester staple fibers and chips. Thai Acrylic Fiber is a leading producer of acrylic fibers used in various applications. These companies have been vital in meeting the demand for synthetic fibers in industries such as textiles and automotive manufacturing.
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 Synthetic Fiber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Synthetic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Synthetic Fiber Market - Industry Life Cycle |
3.4 Thailand Synthetic Fiber Market - Porter's Five Forces |
3.5 Thailand Synthetic Fiber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Synthetic Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Synthetic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for synthetic fibers in the textile industry due to their properties like durability, versatility, and cost-effectiveness. |
4.2.2 Increasing adoption of synthetic fibers in non-textile applications such as automotive, construction, and healthcare. |
4.2.3 Technological advancements leading to the development of high-performance synthetic fibers with enhanced characteristics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like crude oil impacting the production cost of synthetic fibers. |
4.3.2 Environmental concerns and regulations regarding the use and disposal of synthetic fibers. |
4.3.3 Competition from natural fibers like cotton and wool, which are perceived to be more sustainable and eco-friendly. |
5 Thailand Synthetic Fiber Market Trends |
6 Thailand Synthetic Fiber Market, By Types |
6.1 Thailand Synthetic Fiber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Synthetic Fiber Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Synthetic Fiber Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Thailand Synthetic Fiber Market Revenues & Volume, By Nylon, 2021-2031F |
6.1.5 Thailand Synthetic Fiber Market Revenues & Volume, By Acrylics, 2021-2031F |
6.1.6 Thailand Synthetic Fiber Market Revenues & Volume, By Polyolefin, 2021-2031F |
6.1.7 Thailand Synthetic Fiber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Synthetic Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Synthetic Fiber Market Revenues & Volume, By Clothing, 2021-2031F |
6.2.3 Thailand Synthetic Fiber Market Revenues & Volume, By Home Furnishing, 2021-2031F |
6.2.4 Thailand Synthetic Fiber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Thailand Synthetic Fiber Market Revenues & Volume, By Filtration, 2021-2031F |
6.2.6 Thailand Synthetic Fiber Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Synthetic Fiber Market Import-Export Trade Statistics |
7.1 Thailand Synthetic Fiber Market Export to Major Countries |
7.2 Thailand Synthetic Fiber Market Imports from Major Countries |
8 Thailand Synthetic Fiber Market Key Performance Indicators |
8.1 Research and development investment in new synthetic fiber technologies. |
8.2 Adoption rate of synthetic fibers in emerging applications beyond textiles. |
8.3 Environmental sustainability initiatives implemented by synthetic fiber manufacturers. |
8.4 Market penetration of synthetic fibers in key industries such as fashion, automotive, and healthcare. |
9 Thailand Synthetic Fiber Market - Opportunity Assessment |
9.1 Thailand Synthetic Fiber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Synthetic Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Synthetic Fiber Market - Competitive Landscape |
10.1 Thailand Synthetic Fiber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Synthetic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |