Product Code: ETC008565 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Wire mesh is a type of metal fabric that consists of interconnected wires. It has several industrial applications such as sieving, filtering, screening and separation. Thailand wire mesh market is expected to grow at an impressive CAGR during the forecast period from 2025 to 2031 due to increasing demand in construction activities, automotive industry and other industries. The growing economy along with rising disposable incomes are some major factors driving the growth of the market in this region.
The rise in construction activities across residential, commercial and industrial sectors will drive the wire mesh market in Thailand significantly over the next few years. With government initiatives and foreign investments pouring into infrastructure projects, there is a high potential for future growth within this sector which will further propel demand for wire mesh products used as sieving or filtration media during building constructions. The automotive industry has seen substantial growth over recent years due to rising GDP levels coupled with increased disposable income among consumers leading them towards luxury vehicles purchases. This trend has created huge opportunities for manufacturers operating within this space who are now investing heavily into R&D activities resulting in higher production capabilities that require use of various types of wire meshes for their components such as radiators or exhaust systems etc., thus driving its overall demand across Thailand domestic markets.
Wire meshes involve usage of significant raw materials costs like steel/iron rods which are usually expensive given their long-term durability features they offer while labour cost associated with welding these type metal pieces together can also take up considerable amount money.This could lead to unfavourable pricing strategies by manufacturers operating within this sector making it difficult for them compete price wise against larger competitors present globally owing much lower cost bases attained through economies scale. Due to presence numerous global players offering wide range product varieties manufactured using latest technologies, local vendors face stiff competition when trying tap newer customers segments leading many believe that large-scale consolidation may occur near future order support sustainability business operations.
The coronavirus pandemic has had a major impact on the wire mesh market in Thailand. The market was previously growing at a steady pace, but due to the uncertain economic environment caused by Covid-19, growth rates have declined and demand for wire meshes from different industries has dropped significantly.
As a result, key players in the industry such as Tisco Wire Mesh Co., Ltd., Chonburi Steel Wire Mesh Co., Ltd., and Siam Woven Wire Netting Company are facing various challenges that have affected their business operations adversely.
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 Wire Mesh Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Wire Mesh Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Wire Mesh Market - Industry Life Cycle |
3.4 Thailand Wire Mesh Market - Porter's Five Forces |
3.5 Thailand Wire Mesh Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Wire Mesh Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Wire Mesh Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Wire Mesh Market Trends |
6 Thailand Wire Mesh Market, By Types |
6.1 Thailand Wire Mesh Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Wire Mesh Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Wire Mesh Market Revenues & Volume, By Electro Galvanized Welded Wire Mesh, 2021-2031F |
6.1.4 Thailand Wire Mesh Market Revenues & Volume, By Hot Dipped Galvanized Welded Mesh, 2021-2031F |
6.1.5 Thailand Wire Mesh Market Revenues & Volume, By PVC Coated Welded Mesh, 2021-2031F |
6.1.6 Thailand Wire Mesh Market Revenues & Volume, By Welded Stainless Steel Mesh, 2021-2031F |
6.1.7 Thailand Wire Mesh Market Revenues & Volume, By Welded Wire Fencing Panels, 2021-2031F |
6.2 Thailand Wire Mesh Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Wire Mesh Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Thailand Wire Mesh Market Revenues & Volume, By Agricultural, 2021-2031F |
6.2.4 Thailand Wire Mesh Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Thailand Wire Mesh Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.6 Thailand Wire Mesh Market Revenues & Volume, By Horticultural, 2021-2031F |
6.2.7 Thailand Wire Mesh Market Revenues & Volume, By Food Procuring Sector, 2021-2031F |
7 Thailand Wire Mesh Market Import-Export Trade Statistics |
7.1 Thailand Wire Mesh Market Export to Major Countries |
7.2 Thailand Wire Mesh Market Imports from Major Countries |
8 Thailand Wire Mesh Market Key Performance Indicators |
9 Thailand Wire Mesh Market - Opportunity Assessment |
9.1 Thailand Wire Mesh Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Wire Mesh Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Wire Mesh Market - Competitive Landscape |
10.1 Thailand Wire Mesh Market Revenue Share, By Companies, 2024 |
10.2 Thailand Wire Mesh Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |