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

Thailand Aluminum rolling and drawing Market Synopsis

Thailand aluminum rolling and drawing market is expected to witness a healthy CAGR during the forecast period (2020-2026). The growth of this market can be attributed to increasing demand for aluminum in various applications, such as transportation, packaging, construction, consumer goods and electrical & electronics. Thailand is one of the leading producers of rolled and drawn aluminum products in Southeast Asia. The country has ample supply of raw materials required for producing these products at competitive prices. In addition, government initiatives such as low tax rate on imports are also driving the expansion of this market.

Market Drivers

Increasing demand for lightweight vehicles driven by stringent emission norms and fuel efficiency standards is likely to drive the growth of Thailand aluminum rolling and drawing industry over the forecast period. The automotive sector requires high strength aluminum alloys with superior corrosion resistance that can withstand extreme weather conditions which makes them ideal choice for vehicle body manufacturing applications including bumper systems, door panels etc., thus propelling their demand in near future across this region. Rising urbanization coupled with government support towards housing sector development through financial assistance programs are anticipated to propel residential construction activities across Thailand which will subsequently lead to increased consumption levels among consumers resulting into higher demand for rolled & drawn aluminium sheets used in building components like roofs etc., thereby augmenting its industry outlook over assessment timeline positively .

Challenges of the Market

Fluctuating raw material prices due to frequent changes in external economic environment might hamper production costs negatively impacting product profitability margins adversely restraining industry trends further .

Covid-19 Impact on the Market

The Covid-19 pandemic has had a significant impact on the aluminum rolling and drawing market in Thailand. The demand for aluminum products has dropped significantly due to the decrease in overall economic activity. This has resulted in reduced production and capacity utilization of most companies that are involved in the production of finished goods, including aluminum rolling and drawing products. Additionally, supply chain disruptions have affected raw material availability for these operations as well.

Key Players of the Market

The major players operating in Thailand aluminum rolling and drawing market include Amtek Group, Boon Rawd Trading Co., Ltd., Thailand Aluminium Industry Co., Ltd., SCG Steel, ESM Group Public Company Limited (Thailand), Siam Metal Works Co., Ltd., Pan Asia Aluminium Industries Co., Ltd., Nippon Light Metal Corporation (Japan), Chinalco Aluminum Corporation (China), United Nations Construction Materials Industries PCL (Japan). These companies have been working towards improving their operational efficiency to cope with changing business conditions caused by the covid-19 pandemic.

Key Highlights of the Report:

• Thailand Aluminum rolling and drawing Market Outlook
• Market Size of Thailand Aluminum rolling and drawing Market, 2023
• Forecast of Thailand Aluminum rolling and drawing Market, 2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Revenues & Volume for the Period 2020-2030
• Thailand Aluminum rolling and drawing Market Trend Evolution
• Thailand Aluminum rolling and drawing Market Drivers and Challenges
• Thailand Aluminum rolling and drawing Price Trends
• Thailand Aluminum rolling and drawing Porter's Five Forces
• Thailand Aluminum rolling and drawing Industry Life Cycle
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Types for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Aluminum Sheet/Strip for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Aluminium Foil for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By End-Use Industry for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Automotive & Transportation for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Automotive for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Aerospace for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Ship building for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Building & Infrastructure for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Packaging for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Consumer Durables for the Period 2020-2030
• Historical Data and Forecast of Thailand Aluminum rolling and drawing Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Aluminum rolling and drawing Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By End-Use Industry
• Thailand Aluminum rolling and drawing Top Companies Market Share
• Thailand Aluminum rolling and drawing Competitive Benchmarking By Technical and Operational Parameters
• Thailand Aluminum rolling and drawing Company Profiles
• Thailand Aluminum rolling and drawing Key Strategic Recommendations

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