Market Forecast By Type (Concrete Admixtures, Water Proofing & Roofing, Repair, Flooring, Sealants & Adhesives, Other chemicals), By End-Use (Residential , Industrial/Commercial , Infrastructure, Repair Structures) And Competitive Landscape
Product Code: ETC041346 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Construction Chemical market currently, in 2023, has witnessed an HHI of 1592, Which has increased slightly as compared to the HHI of 1470 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand construction chemical market is estimated to register a CAGR of 7.7% during the forecast period 2020-2026. The country has witnessed an increase in the number of construction projects due to rising investments from both domestic and foreign investors, which is driving the demand for various construction chemicals across all regions. Additionally, government initiatives such as tax benefits to foreign investors, infrastructure development plans and economic stimulus packages are likely to create new opportunities for growth in this sector over the coming years.
The Thailand government has announced several policies and initiatives such as tax exemptions or reductions, special investment promotion schemes, public private partnerships (PPPs), etc., that are encouraging more investments into developing infrastructures within the country leading to increased demand for construction chemicals. With increasing urbanization and population growth rate coupled with rising disposable incomes of people in Thailand are some major factors influencing strong demand for residential & commercial buildings that drives higher consumption of concrete admixtures like superplasticizers, waterproofing membrane systems among others thus fuelling future growth prospects of the market. There has been an increased focus on environmental conservation globally by governments across countries encouraging companies operating within these industries towards transitioning their production facilities away from traditional products towards eco friendly ones which helps reduce carbon emissions and hazardous impacts on environment thereby aiding overall industry expansion during near future period.
Fluctuations in prices of raw materials used in manufacturing processes along with availability issues often lead to hike in finished product prices affecting end user???s profits margins resulting into decline sales volumes hampering industry size considerably over long run.Strict rules & regulations set up by respective authorities regarding usage & application process involved while using certain type products leads pose challenges discouraging usage amongst untrained personnel eventually resulting into lower business revenues.
The ongoing pandemic situation is anticipated have negative impact on global economy as well regional markets particularly impacting adversely upon almost every industrial sectors includingconstruction chemcals wherein stringent lockdown measures results into disruption supply chain activities causing delays shipments further leading towards fall consumer demands negatively affecting overall marketplace trend.
Major players operating within Thailand Construction Chemical Market include BASF SE, Sika AG, ARDEX Group, RPM International.
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 Construction Chemical Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Construction Chemical Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Construction Chemical Market - Industry Life Cycle |
3.4 Thailand Construction Chemical Market - Porter's Five Forces |
3.5 Thailand Construction Chemical Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Construction Chemical Market Revenues & Volume Share, By End-Use, 2020 & 2030F |
4 Thailand Construction Chemical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Construction Chemical Market Trends |
6 Thailand Construction Chemical Market, By Types |
6.1 Thailand Construction Chemical Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Construction Chemical Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Thailand Construction Chemical Market Revenues & Volume, By Concrete Admixtures, 2020-2030F |
6.1.4 Thailand Construction Chemical Market Revenues & Volume, By Water Proofing & Roofing, 2020-2030F |
6.1.5 Thailand Construction Chemical Market Revenues & Volume, By Repair, 2020-2030F |
6.1.6 Thailand Construction Chemical Market Revenues & Volume, By Flooring, 2020-2030F |
6.1.7 Thailand Construction Chemical Market Revenues & Volume, By Sealants & Adhesives, 2020-2030F |
6.1.8 Thailand Construction Chemical Market Revenues & Volume, By Other chemicals, 2020-2030F |
6.2 Thailand Construction Chemical Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Thailand Construction Chemical Market Revenues & Volume, By Residentialย , 2020-2030F |
6.2.3 Thailand Construction Chemical Market Revenues & Volume, By Industrial/Commercialย , 2020-2030F |
6.2.4 Thailand Construction Chemical Market Revenues & Volume, By Infrastructure, 2020-2030F |
6.2.5 Thailand Construction Chemical Market Revenues & Volume, By Repair Structures, 2020-2030F |
7 Thailand Construction Chemical Market Import-Export Trade Statistics |
7.1 Thailand Construction Chemical Market Export to Major Countries |
7.2 Thailand Construction Chemical Market Imports from Major Countries |
8 Thailand Construction Chemical Market Key Performance Indicators |
9 Thailand Construction Chemical Market - Opportunity Assessment |
9.1 Thailand Construction Chemical Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Construction Chemical Market Opportunity Assessment, By End-Use, 2020 & 2030F |
10 Thailand Construction Chemical Market - Competitive Landscape |
10.1 Thailand Construction Chemical Market Revenue Share, By Companies, 2023 |
10.2 Thailand Construction Chemical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |