Plastic Market In Thailand 2024-2028
The plastic market in Thailand is forecasted to grow by USD 10.75 bn during 2023-2028, accelerating at a CAGR of 5.18% during the forecast period. The report on the plastic market in Thailand provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by ongoing advancements in plastic manufacturing technology, increased investments, mergers, and acquisitions in plastic market in Thailand, and innovation in plastic technologies, including lightweight materials and advanced applications.
Technavio's plastic market in Thailand is segmented as below:
By End-user
- Packaging
- Electronics and electrical appliances
- Construction
- Automotive
- Others
By Technique
- Injection molding
- Blow molding
- Roto molding
- Casting
- Others
By Product
- Polyethylene (PE)
- Polypropylene (PP)
- Polyurethane (PU)
- Polyvinyl Chloride (PVC)
- Others
This study identifies the increasing adoption of circular economy practices as one of the prime reasons driving the plastic market in Thailand growth during the next few years. Also, growing interest in bio-based plastics derived from renewable resources and integration of smart technologies in plastic packaging will lead to sizable demand in the market.
The report on the plastic market in Thailand covers the following areas:
- Plastic market in Thailand sizing
- Plastic market in Thailand forecast
- Plastic market in Thailand industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic market in Thailand vendors that include 3M Co., Arkema Group, BASF SE, Berry Global Inc., Celanese Corp., Covestro AG, Dow Chemical Co., Eastman Chemical Co., EcoBlue Ltd., Formosa Plastics Corp., HMC Polymers Co. Ltd., Huhtamaki Oyj, INEOS Group Holdings SA, Kama Holdings Ltd., MITSUI and CO. LTD., Polyplex Corp. Ltd., PTT Public Co. Ltd., Siam Cement PCL, Thai Plastic Industries Co. Ltd., and Toray Industries Inc.. Also, the plastic market in Thailand analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.