Product Code: ETC018585 | 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 Adhesives And Sealants market currently, in 2023, has witnessed an HHI of 2778, Which has increased slightly as compared to the HHI of 2293 in 2017. The market is moving towards concentrated. 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.
Adhesives and sealants are substances used to bond two substrates together. Adhesives are commonly used in industrial, construction, and consumer end-use applications. Sealants are primarily employed for sealing gaps or joints between stationary components against air/water leakage. The Thailand adhesives and sealants market is expected to reach USD 456.2 million by 2026 with a CAGR of 7% during the forecast period (2020-2026).
The growing demand from various application industries such as automotive & transportation, furniture & woodworking, paper & packaging, building & construction and others is one of the major factors driving the growth of Thailand adhesives and sealants market during the forecast period. The rising demand from electronic appliances industry due to increasing use of smartphones is also boosting the growth of this market in recent years. Moreover, easy availability at low costs coupled with their superior property when compared to other alternatives such as screws has created positive outlook towards their adoption across multiple end user industries which will further propel this segment???s growth over the coming years.
Volatility in raw material prices along with stringent government regulations regarding VOC emissions can limit product penetration globally thus restraining its overall market growth throughout 2020-2026 timeframe. Fluctuating foreign exchange rates may create instability within pricing structure thereby hindering revenue generation prospects associated with it on global level over next few years .
The outbreak of Covid 19 pandemic has drastically affected many businesses around world including adhesives and sealant manufacturing companies across globe owing to disruption caused in supply chain activities .Also, closure of production facilities coupled with reduction in investments have further hampered industry expansion worldwide creating unfavorable outcomes for manufacturers operating within same space.It is anticipated that situation might improve post 2021 when countries would have achieved some degree economic stability allowing them to focus on revival strategies implemented by them during crisis phase.
3M Company, Henkel AG & Co KGaA, Sika AG, Arkema SA, H B Fuller Company among others
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 Adhesives and sealants Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Adhesives and sealants Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Adhesives and sealants Market - Industry Life Cycle |
3.4 Thailand Adhesives and sealants Market - Porter's Five Forces |
3.5 Thailand Adhesives and sealants Market Revenues & Volume Share, By Formulation Technology, 2020 & 2030F |
3.6 Thailand Adhesives and sealants Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Thailand Adhesives and sealants Market Revenues & Volume Share, By Resin Type, 2020 & 2030F |
4 Thailand Adhesives and sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Adhesives and sealants Market Trends |
6 Thailand Adhesives and sealants Market, By Types |
6.1 Thailand Adhesives and sealants Market, By Formulation Technology |
6.1.1 Overview and Analysis |
6.1.2 Thailand Adhesives and sealants Market Revenues & Volume, By Formulation Technology, 2020-2030F |
6.1.3 Thailand Adhesives and sealants Market Revenues & Volume, By Water-based, 2020-2030F |
6.1.4 Thailand Adhesives and sealants Market Revenues & Volume, By Solvent-based, 2020-2030F |
6.1.5 Thailand Adhesives and sealants Market Revenues & Volume, By Hot melt, 2020-2030F |
6.1.6 Thailand Adhesives and sealants Market Revenues & Volume, By Reactive & Others, 2020-2030F |
6.2 Thailand Adhesives and sealants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Adhesives and sealants Market Revenues & Volume, By Paper & Packaging, 2020-2030F |
6.2.3 Thailand Adhesives and sealants Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.2.4 Thailand Adhesives and sealants Market Revenues & Volume, By Woodworking, 2020-2030F |
6.2.5 Thailand Adhesives and sealants Market Revenues & Volume, By Consumer/DIY, 2020-2030F |
6.2.6 Thailand Adhesives and sealants Market Revenues & Volume, By Automotive & Transportation, 2020-2030F |
6.2.7 Thailand Adhesives and sealants Market Revenues & Volume, By Leather & Footwear, 2020-2030F |
6.2.8 Thailand Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 Thailand Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.3 Thailand Adhesives and sealants Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Adhesives and sealants Market Revenues & Volume, By Silicone, 2020-2030F |
6.3.3 Thailand Adhesives and sealants Market Revenues & Volume, By Polyurethane, 2020-2030F |
6.3.4 Thailand Adhesives and sealants Market Revenues & Volume, By Plastisol, 2020-2030F |
6.3.5 Thailand Adhesives and sealants Market Revenues & Volume, By Emulsion, 2020-2030F |
6.3.6 Thailand Adhesives and sealants Market Revenues & Volume, By Polysulfide, 2020-2030F |
6.3.7 Thailand Adhesives and sealants Market Revenues & Volume, By Butyl, 2020-2030F |
7 Thailand Adhesives and sealants Market Import-Export Trade Statistics |
7.1 Thailand Adhesives and sealants Market Export to Major Countries |
7.2 Thailand Adhesives and sealants Market Imports from Major Countries |
8 Thailand Adhesives and sealants Market Key Performance Indicators |
9 Thailand Adhesives and sealants Market - Opportunity Assessment |
9.1 Thailand Adhesives and sealants Market Opportunity Assessment, By Formulation Technology, 2020 & 2030F |
9.2 Thailand Adhesives and sealants Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Thailand Adhesives and sealants Market Opportunity Assessment, By Resin Type, 2020 & 2030F |
10 Thailand Adhesives and sealants Market - Competitive Landscape |
10.1 Thailand Adhesives and sealants Market Revenue Share, By Companies, 2023 |
10.2 Thailand Adhesives and sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |