| Product Code: ETC9695469 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand sodium formate import trend experienced a significant upturn from 2023 to 2024, with a growth rate of 44.57%, surpassing the compound annual growth rate (CAGR) of 17.31% for the period of 2020-2024. This surge in import momentum could be attributed to a notable shift in demand dynamics or favorable trade policies influencing market stability during this period.

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 Sodium Formate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sodium Formate Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Sodium Formate Market - Industry Life Cycle |
3.4 Thailand Sodium Formate Market - Porter's Five Forces |
3.5 Thailand Sodium Formate Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Sodium Formate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Thailand, leading to increased demand for sodium formate for concrete setting and de-icing applications. |
4.2.2 Expansion of the leather industry in the region, driving the demand for sodium formate in leather tanning processes. |
4.2.3 Rising adoption of sodium formate as a reducing agent in various industries due to its eco-friendly and cost-effective characteristics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of sodium formate, impacting the overall production cost. |
4.3.2 Stringent environmental regulations in Thailand affecting the manufacturing and usage of sodium formate in certain applications. |
5 Thailand Sodium Formate Market Trends |
6 Thailand Sodium Formate Market, By Types |
6.1 Thailand Sodium Formate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sodium Formate Market Revenues & Volume, By Application, 2022-2032F |
6.1.3 Thailand Sodium Formate Market Revenues & Volume, By Food Additives, 2022-2032F |
6.1.4 Thailand Sodium Formate Market Revenues & Volume, By Agriculture, 2022-2032F |
6.1.5 Thailand Sodium Formate Market Revenues & Volume, By Textile and Printing, 2022-2032F |
6.1.6 Thailand Sodium Formate Market Revenues & Volume, By Aerospace, 2022-2032F |
6.1.7 Thailand Sodium Formate Market Revenues & Volume, By Others, 2022-2032F |
7 Thailand Sodium Formate Market Import-Export Trade Statistics |
7.1 Thailand Sodium Formate Market Export to Major Countries |
7.2 Thailand Sodium Formate Market Imports from Major Countries |
8 Thailand Sodium Formate Market Key Performance Indicators |
8.1 Adoption rate of sodium formate in new industries or applications. |
8.2 Percentage increase in the use of sodium formate in innovative processes. |
8.3 Efficiency improvements in sodium formate production processes. |
8.4 Environmental impact assessments and sustainability initiatives related to sodium formate production and usage. |
9 Thailand Sodium Formate Market - Opportunity Assessment |
9.1 Thailand Sodium Formate Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Sodium Formate Market - Competitive Landscape |
10.1 Thailand Sodium Formate Market Revenue Share, By Companies, 2025 |
10.2 Thailand Sodium Formate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here