Product Code: ETC005805 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Thermal Insulation Material Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.01% in 2025 and reaches 0.03% by 2029.
Thailand's Thermal Insulation Material market is anticipated to experience a stable growth rate of 0.01% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Thermal insulation materials are used in buildings for the purpose of reducing heat transfer between two different mediums. These materials reduce energy consumption and improve occupant comfort by controlling indoor temperature levels. Thailand is an emerging market for thermal insulation materials due to its growing construction industry and rising demand from various end-user segments, such as residential, commercial, and industrial sectors. With the rise in environmental concerns and government initiatives to promote efficient energy use, the country`s thermal insulation material market is expected to register a significant growth rate during 2025???2031.
The increasing awareness about energy conservation among consumers has been driving the adoption of thermal insulation materials across Thailand. The government???s efforts towards promoting green building concepts have also promoted the usage of these products in both new construction projects as well existing structures within the country. Additionally, manufacturers have been introducing innovative technologies that facilitate improved fire resistance along with higher R-value ratings which further contributes to increased demand from end users like hoteliers, property developers etc.. A rise in disposable income has allowed people to invest more into their homes thereby creating a lucrative opportunity for suppliers operating in this space. Moreover, easy availability of raw materials (like rock wool & glass wool) at competitive prices has enabled companies to manufacture high performance products at low cost thus boosting sales opportunities within this domain.
High installation costs coupled with limited access to advanced technology solutions remain major challenges faced by players engaged in providing thermal insulation services within Thailand market landscape. Apart from this inadequate knowledge regarding product features amongst buyers can lead them towards opting out cheaper options available on retail shelves resulting into reduced profitability margins for key vendors participating hereunder Such situations can lead players towards devising effective strategies that help them educate potential customers regarding benefits associated while using their offerings .
The Covid-19 pandemic has caused disruptions throughout all industries including Thailand Thermal Insulation Material Market owing disruption caused throughout supply chain networks globally.This situation had resulted into temporary shutdown of production facilities,distribution centers,retail stores etc leading onto reduction sales numbers across most business domains.Nonetheless certain segment such as DIY directed had experienced upsurge during lockdown period due consumer inclination toward quarantined related activities.Players catering under such scenarios need devise suitable strategies wherein they capitalize upon current demands whilst preparing against future uncertainties arising over prolonged pandemic effects.
Leading players operating in the thermal insulation material market include Rockwool International A/S, Owens Corning Corporation, Paroc Group Oy, Kingspan Group PLC., Armacell International S.A., Johns Manville Corporation (Berkshire Hathaway Inc.), Knauf Insulation GmbH & Co KG, Etex Group SA and CertainTeed Corp (Saint-Gobain). Other major players are BASF SE Wacker Chemie AG Aspen Aerogels Inc., Advanced Industrial Materials LLC and Pyrotek Inc. These companies are focusing on introducing new products with advanced technologies to increase their customer base across various regions.
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 Thermal Insulation Material Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Thermal Insulation Material Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Thermal Insulation Material Market - Industry Life Cycle |
3.4 Thailand Thermal Insulation Material Market - Porter's Five Forces |
3.5 Thailand Thermal Insulation Material Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Thailand Thermal Insulation Material Market Revenues & Volume Share, By Temperature Range, 2021 & 2031F |
4 Thailand Thermal Insulation Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Thermal Insulation Material Market Trends |
6 Thailand Thermal Insulation Material Market, By Types |
6.1 Thailand Thermal Insulation Material Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Thermal Insulation Material Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Thailand Thermal Insulation Material Market Revenues & Volume, By Plastic Foam, 2021-2031F |
6.1.4 Thailand Thermal Insulation Material Market Revenues & Volume, By Stone Wool, 2021-2031F |
6.1.5 Thailand Thermal Insulation Material Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.6 Thailand Thermal Insulation Material Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Thermal Insulation Material Market, By Temperature Range |
6.2.1 Overview and Analysis |
6.2.2 Thailand Thermal Insulation Material Market Revenues & Volume, By ?160?C to ?50?C, 2021-2031F |
6.2.3 Thailand Thermal Insulation Material Market Revenues & Volume, By ? 49?C to 0?C, 2021-2031F |
6.2.4 Thailand Thermal Insulation Material Market Revenues & Volume, By 1?C to 100?C, 2021-2031F |
6.2.5 Thailand Thermal Insulation Material Market Revenues & Volume, By 1?C to 650?C, 2021-2031F |
7 Thailand Thermal Insulation Material Market Import-Export Trade Statistics |
7.1 Thailand Thermal Insulation Material Market Export to Major Countries |
7.2 Thailand Thermal Insulation Material Market Imports from Major Countries |
8 Thailand Thermal Insulation Material Market Key Performance Indicators |
9 Thailand Thermal Insulation Material Market - Opportunity Assessment |
9.1 Thailand Thermal Insulation Material Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Thailand Thermal Insulation Material Market Opportunity Assessment, By Temperature Range, 2021 & 2031F |
10 Thailand Thermal Insulation Material Market - Competitive Landscape |
10.1 Thailand Thermal Insulation Material Market Revenue Share, By Companies, 2024 |
10.2 Thailand Thermal Insulation Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |