Thailand Bolts Market (2024-2030) | Outlook, Trends, Industry, Revenue, Growth, Share, Value, Analysis, Companies, Forecast & Size

Thailand Bolts Market Synopsis

The Thailand bolts market is expected to witness a moderate growth of 4.1% CAGR during the forecast period 2020-2026. The automotive industry, followed by construction and manufacturing are likely to be the major drivers for this market`s growth in Thailand. Bolts manufactured from stainless steel, alloys or carbon steel are widely used in these industries due to their strength and durability under extreme conditions such as high temperature or pressures. Moreover, Bangkok is one of the fastest growing cities in Southeast Asia which has led to an increase in infrastructure projects creating huge demand for different types of fasteners including bolts.

Market Drivers

The automotive industry is highly developed sector contributing significantly towards industrial production and GDP growth of Thailand with a large number of automobile manufacturers from Japan, South Korea & China further expanding their footprint here; This has resulted into increased consumption of various fasteners including bolts across multiple applications within automobiles like engines, brakes etc.; However COVID-19 pandemic has created disruptions but it will eventually recover with time. Construction activities have witnessed healthy growth over recent years owing to increasing population along with government initiatives like ???Thailand4.0??? leading towards smart city development; Increasing spending on residential constructions coupled with rising focus on modernizing existing infrastructures also bodes well for demand potential arising out of bolt consumption.

Challenges of the Market

International players entering Thailand market either via direct investments or through partnerships provide competition at cheaper rates resulting into price wars thereby decreasing overall profit margins. Fluctuations in prices related raw materials viz., iron ore may create difficulties while planning production & procurement strategies along with making it difficult for companies operating at thin margins.

Covid-19 Impact on the Market

The COVID-19 pandemic has had a major impact on the Thailand bolts market, as disruptions to production and restrictions on imports have caused prices to rise. The most affected segment is the stainless steel fasteners segment due to disruption in supply chain from China.

Key Players of the Market

Key players in the Thailand bolts market include: AGR Fasteners (Thailand) Co., Ltd., Prathee International Trading Co. Ltd., Thailand Steel Industries Public Company Limited, Superbolt Fastener Co.,Ltd, Bonaire Industries Incorporated, Vina Bolts and Nuts Corporation, Perfect Bolt & Nut Manufacturing Company Limited, and KK Metal Processing Sdn Bhd. These companies are actively working with customers across industries such as automotive, construction, machinery manufacturing etc. to meet their fastening needs.

Key Highlights of the Report:

• Thailand Bolts Market Outlook
• Market Size of Thailand Bolts Market, 2023
• Forecast of Thailand Bolts Market, 2030
• Historical Data and Forecast of Thailand Bolts Revenues & Volume for the Period 2020-2030
• Thailand Bolts Market Trend Evolution
• Thailand Bolts Market Drivers and Challenges
• Thailand Bolts Price Trends
• Thailand Bolts Porter's Five Forces
• Thailand Bolts Industry Life Cycle
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Product for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M6 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M8 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M10 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M12 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M14 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M16 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By M18 for the Period 2020-2030
• Historical Data and Forecast of Thailand M6 Bolts Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Construction for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Petrochemical for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Heavy Machine Equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Automotive for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Aerospace for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Home Appliances for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Lawn and Garden for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Grade for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By GR 5.8 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By GR 8.8 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By GR10.9 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By GR 12.9 for the Period 2020-2030
• Historical Data and Forecast of Thailand Bolts Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Bolts Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Grade
• Thailand Bolts Top Companies Market Share
• Thailand Bolts Competitive Benchmarking By Technical and Operational Parameters
• Thailand Bolts Company Profiles
• Thailand Bolts Key Strategic Recommendations