Thailand Construction Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Thailand Construction Chemicals Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential) and by Product (Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

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Thailand Construction Chemicals Market Size

Thailand Construction Chemicals Market Summary
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svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 690.33 Million
svg icon Market Size (2030) USD 978.96 Million
svg icon Largest Share by End Use Sector Industrial and Institutional
svg icon CAGR (2024 - 2030) 5.99 %
svg icon Fastest Growing by End Use Sector Residential

Major Players

Thailand Construction Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Thailand Construction Chemicals Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Thailand Construction Chemicals Market Analysis

The Thailand Construction Chemicals Market size is estimated at 690.33 million USD in 2024, and is expected to reach 978.96 million USD by 2030, growing at a CAGR of 5.99% during the forecast period (2024-2030).

690.33 Million

Market Size in 2024 (USD)

978.96 Million

Market Size in 2030 (USD)

5.84 %

CAGR (2018-2023)

5.99 %

CAGR (2024-2030)

Largest Market by Product

29.82 %

value share, Waterproofing Solutions, 2023

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Waterproofing solutions hold the largest share due to widespread applications of waterproofing, such as roofings, walls, basements, water tank linings, bridge decks, etc., from the industrial and commercial sectors.

Fastest Market by Product

6.83 %

Projected CAGR, Surface Treatment Chemicals, 2024-2030

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Ease of application, low VOC content, and low-cost alternatives to concrete admixtures make them an ideal choice to protect concrete surfaces, and the surface treatment chemical segment is likely to witness the fastest growth.

Largest Market by End Use Sector

36.21 %

value share, Industrial and Institutional, 2023

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Due to the high demand for waterproofing solutions, flooring resins, concrete admixtures, etc., from the chemical, pharmaceutical, and food industries in the country, the industrial and institutional sectors hold the largest share.

Fastest Market by End Use Sector

6.53 %

Projected CAGR, Residential, 2024-2030

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Supportive government policies to promote house construction, along with the increasing awareness toward durability, safety, and quality of structure, are likely to support the growth of the residential sector in the coming years.

Leading Company

24.75 %

market share, Sika AG, 2022

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The company's broad range of high-quality products, well-established network in the country, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.

The growing need for construction chemicals in Thailand's housing construction sector is expected to boost the market growth

  • In 2022, Thailand's construction chemicals market witnessed an 11.45% surge in demand, driven by a rise in construction activities and material prices. This uptick translated into higher demand and profits compared to 2021. With a growing awareness of the features and applications of construction chemicals bolstered by an uptick in building projects, the demand is projected to grow by 4.5% in 2023 compared to the previous year.
  • The industrial and institutional sectors dominate the market, primarily due to their abundance of non-residential buildings. Additionally, Thailand's manufacturing sector, a key pillar of the economy, has been a recipient of foreign investments in the past, with expectations of continued inflows. These factors have propelled the demand for construction chemicals in this sector.
  • The residential sector, with the second-highest demand share, benefits from Thailand's urban population concentration. This urban density translates into a robust demand for residential buildings, creating a significant market for construction chemicals. Notably, waterproofing solutions, crucial for mitigating water damage, accounted for nearly 35% of the sector's total demand in 2022.
  • Looking ahead, the residential sector is poised to witness the fastest growth in construction chemical demand, with a projected CAGR of 6.5% during the forecast period (2023-2030). This surge is underpinned by the country's ongoing urbanization trend and the anticipated rise in demand for affordable housing, buoyed by government housing initiatives.
Thailand Construction Chemicals Market

Thailand Construction Chemicals Market Trends

Rising foreign direct investments (FDI) and tourism will boost the sector's growth

  • In 2022, Thailand's commercial construction sector experienced a 20% surge in volume compared to 2021, marking a recovery from the COVID-19 pandemic. This rebound also contributed to a 2.6% rise in the country's GDP. In 2023, the commercial construction sector experienced further growth, with a volume increase of 3 million sq. f. This expansion is primarily driven by a surge in foreign direct investments (FDI), which is leading to higher demand for additional office spaces, warehouses, and retail outlets nationwide.
  • From 2018 to 2021, the new floor area in Thailand's commercial construction sector witnessed a 2.82% decline. This dip was a direct consequence of the pandemic, which led to a reduced demand for commercial spaces like offices and retail outlets. The years 2020 and 2021 were particularly challenging, with a significant drop of 31.33% and 15.17%, respectively, in the new floor area compared to 2019. The pandemic-induced restrictions, such as travel limitations and supply chain disruptions, further exacerbated the situation, leading to labor shortages and material scarcities.
  • The demand for commercial spaces in Thailand is on the rise, bolstered by a surge in tourism and a 36% growth in foreign direct investments (FDI) in 2022 compared to the previous year. This uptick in FDI signals a growing interest from companies overseas in establishing their operations in Thailand. This is further fueling the demand for office spaces. During the forecast period, the commercial construction sector is projected to witness a steady growth in the new floor area, with a compound annual growth rate (CAGR) of 4.52%.
Thailand Construction Chemicals Market

Housing schemes such as the National Housing Authority (NHA) and Krung Thai Bank (KTB) will boost Thailand's residential sector

  • Thailand, a highly urbanized nation in Southeast Asia, boasts a robust residential construction sector. In 2022, the sector witnessed a notable upswing, with a 14.24% increase in new floor area compared to the prior year. In 2023, the residential sector growth continued and surpassed the 2022 figures by nearly 1 million sq. f. This positive trajectory is underpinned by the country's stable economy and a gradual uptick in per capita income.
  • The residential construction sector faced a significant setback in 2020, grappling with the repercussions of the COVID-19 pandemic. The ensuing economic downturn, coupled with travel restrictions and job losses, led to an 11% dip in residential construction volume from 2019. However, in 2021, the sector rebounded impressively, witnessing a 13% surge in volume. This resurgence can be attributed to the waning impact of the pandemic and strategic government measures, such as maintaining a record-low policy interest rate of 0.5% throughout the year by the Bank of Thailand. These initiatives bolstered buyer confidence, fueling demand for new residential properties.
  • During the forecast period, Thailand's residential construction new floor area is projected to grow, registering a CAGR of 4.25%. This growth can be attributed to several factors, including a rising GDP per capita (expected to grow by 2.8% in 2023 and 3.2% in 2024), rapid urbanization, increased foreign investments, and proactive housing schemes. Notably, the National Housing Authority (NHA) and Krung Thai Bank (KTB) offer incentives to property developers, encouraging the construction of affordable homes for low-income earners.
Thailand Construction Chemicals Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Thailand's industrial sector's growth will have a major influence on the construction activity in the industrial and institutional sector
  • The Thai government's growing focus on land, air, and sea infrastructure development will lead to the infrastructure sector’s growth in the future

Thailand Construction Chemicals Industry Overview

The Thailand Construction Chemicals Market is moderately consolidated, with the top five companies occupying 50.28%. The major players in this market are Fosroc, Inc., MBCC Group, Saint-Gobain, Sika AG and TOA Paint (Thailand) Public Company Limited (sorted alphabetically).

Thailand Construction Chemicals Market Leaders

  1. Fosroc, Inc.

  2. MBCC Group

  3. Saint-Gobain

  4. Sika AG

  5. TOA Paint (Thailand) Public Company Limited

Thailand Construction Chemicals Market Concentration

Other important companies include Act (Thailand) Co., Ltd., Ardex Group, Cemkrete Inter Co., Ltd, CORMIX INTERNATIONAL LIMITED, MAPEI S.p.A..

*Disclaimer: Major Players sorted in alphabetical order.

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Thailand Construction Chemicals Market News

  • May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
  • February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.
  • November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.

Thailand Construction Chemicals Market
Thailand Construction Chemicals Market
Thailand Construction Chemicals Market
Thailand Construction Chemicals Market

Thailand Construction Chemicals Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 End Use Sector Trends​
    • 4.1.1 Commercial
    • 4.1.2 Industrial and Institutional
    • 4.1.3 Infrastructure
    • 4.1.4 Residential
  • 4.2 Major Infrastructure Projects (current And Announced)
  • 4.3 Regulatory Framework
  • 4.4 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)

  • 5.1 End Use Sector
    • 5.1.1 Commercial
    • 5.1.2 Industrial and Institutional
    • 5.1.3 Infrastructure
    • 5.1.4 Residential
  • 5.2 Product
    • 5.2.1 Adhesives
    • 5.2.1.1 By Sub Product
    • 5.2.1.1.1 Hot Melt
    • 5.2.1.1.2 Reactive
    • 5.2.1.1.3 Solvent-borne
    • 5.2.1.1.4 Water-borne
    • 5.2.2 Anchors and Grouts
    • 5.2.2.1 By Sub Product
    • 5.2.2.1.1 Cementitious Fixing
    • 5.2.2.1.2 Resin Fixing
    • 5.2.2.1.3 Other Types
    • 5.2.3 Concrete Admixtures
    • 5.2.3.1 By Sub Product
    • 5.2.3.1.1 Accelerator
    • 5.2.3.1.2 Air Entraining Admixture
    • 5.2.3.1.3 High Range Water Reducer (Super Plasticizer)
    • 5.2.3.1.4 Retarder
    • 5.2.3.1.5 Shrinkage Reducing Admixture
    • 5.2.3.1.6 Viscosity Modifier
    • 5.2.3.1.7 Water Reducer (Plasticizer)
    • 5.2.3.1.8 Other Types
    • 5.2.4 Concrete Protective Coatings
    • 5.2.4.1 By Sub Product
    • 5.2.4.1.1 Acrylic
    • 5.2.4.1.2 Alkyd
    • 5.2.4.1.3 Epoxy
    • 5.2.4.1.4 Polyurethane
    • 5.2.4.1.5 Other Resin Types
    • 5.2.5 Flooring Resins
    • 5.2.5.1 By Sub Product
    • 5.2.5.1.1 Acrylic
    • 5.2.5.1.2 Epoxy
    • 5.2.5.1.3 Polyaspartic
    • 5.2.5.1.4 Polyurethane
    • 5.2.5.1.5 Other Resin Types
    • 5.2.6 Repair and Rehabilitation Chemicals
    • 5.2.6.1 By Sub Product
    • 5.2.6.1.1 Fiber Wrapping Systems
    • 5.2.6.1.2 Injection Grouting Materials
    • 5.2.6.1.3 Micro-concrete Mortars
    • 5.2.6.1.4 Modified Mortars
    • 5.2.6.1.5 Rebar Protectors
    • 5.2.7 Sealants
    • 5.2.7.1 By Sub Product
    • 5.2.7.1.1 Acrylic
    • 5.2.7.1.2 Epoxy
    • 5.2.7.1.3 Polyurethane
    • 5.2.7.1.4 Silicone
    • 5.2.7.1.5 Other Resin Types
    • 5.2.8 Surface Treatment Chemicals
    • 5.2.8.1 By Sub Product
    • 5.2.8.1.1 Curing Compounds
    • 5.2.8.1.2 Mold Release Agents
    • 5.2.8.1.3 Other Product Types
    • 5.2.9 Waterproofing Solutions
    • 5.2.9.1 By Sub Product
    • 5.2.9.1.1 Chemicals
    • 5.2.9.1.2 Membranes

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 6.4.1 Act (Thailand) Co., Ltd.
    • 6.4.2 Ardex Group
    • 6.4.3 Cemkrete Inter Co., Ltd
    • 6.4.4 CORMIX INTERNATIONAL LIMITED
    • 6.4.5 Fosroc, Inc.
    • 6.4.6 MAPEI S.p.A.
    • 6.4.7 MBCC Group
    • 6.4.8 Saint-Gobain
    • 6.4.9 Sika AG
    • 6.4.10 TOA Paint (Thailand) Public Company Limited
  • *List Not Exhaustive

7. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, THAILAND, 2018 - 2030
  1. Figure 2:  
  2. FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, THAILAND, 2018 - 2030
  1. Figure 3:  
  2. SPENDING ON INFRASTRUCTURE PROJECTS, USD, THAILAND, 2018 - 2030
  1. Figure 4:  
  2. FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, THAILAND, 2018 - 2030
  1. Figure 5:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 6:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, USD, THAILAND, 2018 - 2030
  1. Figure 7:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 8:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, USD, THAILAND, 2018 - 2030
  1. Figure 9:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, BY PRODUCT, %, THAILAND, 2023 VS 2030
  1. Figure 10:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, THAILAND, 2018 - 2030
  1. Figure 11:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY PRODUCT, %, THAILAND, 2023 VS 2030
  1. Figure 12:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, USD, THAILAND, 2018 - 2030
  1. Figure 13:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, BY PRODUCT, %, THAILAND, 2023 VS 2030
  1. Figure 14:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, USD, THAILAND, 2018 - 2030
  1. Figure 15:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, BY PRODUCT, %, THAILAND, 2023 VS 2030
  1. Figure 16:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 17:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 18:  
  2. VALUE OF ADHESIVES CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 19:  
  2. VALUE SHARE OF ADHESIVES CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 20:  
  2. VALUE OF HOT MELT ADHESIVES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 21:  
  2. VALUE SHARE OF HOT MELT ADHESIVES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 22:  
  2. VALUE OF REACTIVE ADHESIVES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 23:  
  2. VALUE SHARE OF REACTIVE ADHESIVES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 24:  
  2. VALUE OF SOLVENT-BORNE ADHESIVES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 25:  
  2. VALUE SHARE OF SOLVENT-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 26:  
  2. VALUE OF WATER-BORNE ADHESIVES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 27:  
  2. VALUE SHARE OF WATER-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 28:  
  2. VALUE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 29:  
  2. VALUE SHARE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 30:  
  2. VALUE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 31:  
  2. VALUE SHARE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 32:  
  2. VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 33:  
  2. VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 34:  
  2. VALUE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 35:  
  2. VALUE SHARE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 36:  
  2. VALUE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 37:  
  2. VALUE SHARE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 38:  
  2. VALUE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 39:  
  2. VALUE SHARE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 40:  
  2. VALUE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 41:  
  2. VALUE SHARE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 42:  
  2. VALUE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 43:  
  2. VALUE SHARE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 44:  
  2. VALUE OF RETARDER CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 45:  
  2. VALUE SHARE OF RETARDER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 46:  
  2. VALUE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 47:  
  2. VALUE SHARE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 48:  
  2. VALUE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 49:  
  2. VALUE SHARE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 50:  
  2. VALUE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 51:  
  2. VALUE SHARE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 52:  
  2. VALUE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 53:  
  2. VALUE SHARE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 54:  
  2. VALUE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 55:  
  2. VALUE SHARE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 56:  
  2. VALUE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 57:  
  2. VALUE SHARE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 58:  
  2. VALUE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 59:  
  2. VALUE SHARE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 60:  
  2. VALUE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 61:  
  2. VALUE SHARE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 62:  
  2. VALUE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 63:  
  2. VALUE SHARE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 64:  
  2. VALUE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 65:  
  2. VALUE SHARE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 66:  
  2. VALUE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 67:  
  2. VALUE SHARE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 68:  
  2. VALUE OF ACRYLIC FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 69:  
  2. VALUE SHARE OF ACRYLIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 70:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 71:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 72:  
  2. VALUE OF POLYASPARTIC FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 73:  
  2. VALUE SHARE OF POLYASPARTIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 74:  
  2. VALUE OF POLYURETHANE FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 75:  
  2. VALUE SHARE OF POLYURETHANE FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 76:  
  2. VALUE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 77:  
  2. VALUE SHARE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 78:  
  2. VALUE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 79:  
  2. VALUE SHARE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 80:  
  2. VALUE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 81:  
  2. VALUE SHARE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 82:  
  2. VALUE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 83:  
  2. VALUE SHARE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 84:  
  2. VALUE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 85:  
  2. VALUE SHARE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 86:  
  2. VALUE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 87:  
  2. VALUE SHARE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 88:  
  2. VALUE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 89:  
  2. VALUE SHARE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 90:  
  2. VALUE OF SEALANTS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 91:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 92:  
  2. VALUE OF ACRYLIC SEALANTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 93:  
  2. VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 94:  
  2. VALUE OF EPOXY SEALANTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 95:  
  2. VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 96:  
  2. VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 97:  
  2. VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 98:  
  2. VALUE OF SILICONE SEALANTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 99:  
  2. VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 100:  
  2. VALUE OF OTHER RESIN TYPES SEALANTS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 101:  
  2. VALUE SHARE OF OTHER RESIN TYPES SEALANTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 102:  
  2. VALUE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 103:  
  2. VALUE SHARE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 104:  
  2. VALUE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 105:  
  2. VALUE SHARE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 106:  
  2. VALUE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 107:  
  2. VALUE SHARE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 108:  
  2. VALUE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 109:  
  2. VALUE SHARE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 110:  
  2. VALUE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, USD, THAILAND, 2018 - 2030
  1. Figure 111:  
  2. VALUE SHARE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, %, THAILAND, 2018 VS 2023 VS 2030
  1. Figure 112:  
  2. VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 113:  
  2. VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 114:  
  2. VALUE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 115:  
  2. VALUE SHARE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 116:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, THAILAND, 2020 - 2023
  1. Figure 117:  
  2. MOST ADOPTED STRATEGIES, COUNT, THAILAND, 2020 - 2023
  1. Figure 118:  
  2. REVENUE SHARE OF CONSTRUCTION CHEMICALS BY MAJOR PLAYERS, %, THAILAND, 2022

Thailand Construction Chemicals Industry Segmentation

Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions are covered as segments by Product.

  • In 2022, Thailand's construction chemicals market witnessed an 11.45% surge in demand, driven by a rise in construction activities and material prices. This uptick translated into higher demand and profits compared to 2021. With a growing awareness of the features and applications of construction chemicals bolstered by an uptick in building projects, the demand is projected to grow by 4.5% in 2023 compared to the previous year.
  • The industrial and institutional sectors dominate the market, primarily due to their abundance of non-residential buildings. Additionally, Thailand's manufacturing sector, a key pillar of the economy, has been a recipient of foreign investments in the past, with expectations of continued inflows. These factors have propelled the demand for construction chemicals in this sector.
  • The residential sector, with the second-highest demand share, benefits from Thailand's urban population concentration. This urban density translates into a robust demand for residential buildings, creating a significant market for construction chemicals. Notably, waterproofing solutions, crucial for mitigating water damage, accounted for nearly 35% of the sector's total demand in 2022.
  • Looking ahead, the residential sector is poised to witness the fastest growth in construction chemical demand, with a projected CAGR of 6.5% during the forecast period (2023-2030). This surge is underpinned by the country's ongoing urbanization trend and the anticipated rise in demand for affordable housing, buoyed by government housing initiatives.
End Use Sector Commercial
Industrial and Institutional
Infrastructure
Residential
Product Adhesives By Sub Product Hot Melt
Reactive
Solvent-borne
Water-borne
Product Anchors and Grouts By Sub Product Cementitious Fixing
Resin Fixing
Other Types
Product Concrete Admixtures By Sub Product Accelerator
Air Entraining Admixture
High Range Water Reducer (Super Plasticizer)
Retarder
Shrinkage Reducing Admixture
Viscosity Modifier
Water Reducer (Plasticizer)
Other Types
Product Concrete Protective Coatings By Sub Product Acrylic
Alkyd
Epoxy
Polyurethane
Other Resin Types
Product Flooring Resins By Sub Product Acrylic
Epoxy
Polyaspartic
Polyurethane
Other Resin Types
Product Repair and Rehabilitation Chemicals By Sub Product Fiber Wrapping Systems
Injection Grouting Materials
Micro-concrete Mortars
Modified Mortars
Rebar Protectors
Product Sealants By Sub Product Acrylic
Epoxy
Polyurethane
Silicone
Other Resin Types
Product Surface Treatment Chemicals By Sub Product Curing Compounds
Mold Release Agents
Other Product Types
Product Waterproofing Solutions By Sub Product Chemicals
Membranes
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Market Definition

  • END-USE SECTOR - Construction chemicals consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
  • PRODUCT/APPLICATION - Under the scope of the study, the consumption of construction chemical products such as concrete admixtures, repair and rehabilitation chemicals, flooring resins, waterproofing solutions, anchors and grouts, adhesives and sealants, and surface treatment chemicals is considered.
Keyword Definition
Accelerator Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Adhesives Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc.
Air Entraining Admixture Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete.
Alkyd Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride.
Anchors and Grouts Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc.
Cementitious Fixing Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors.
Commercial Construction Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc.
Concrete Admixtures Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties.
Concrete Protective Coatings To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings.
Curing Compounds Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability.
Epoxy Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc.
Fiber Wrapping Systems Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets.
Flooring Resins Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic.
High-Range Water Reducer (Super Plasticizer) High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete.
Hot Melt Adhesives Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes.
Industrial and Institutional Construction Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc.
Infrastructure Construction Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc.
Injection Grouting The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration.
Liquid-Applied Waterproofing Membranes Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete.
Micro-concrete Mortars Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc.
Modified Mortars Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption.
Mold Release Agents Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others.
Polyaspartic Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments.
Polyurethane Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc.
Reactive Adhesives A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Rebar Protectors In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction.
Repair and Rehabilitation Chemicals Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures.
Residential Construction Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes.
Resin Fixing The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing.
Retarder Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time.
Sealants A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action.
Sheet Waterproofing Membranes Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress.
Shrinkage Reducing Admixture Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation.
Silicone Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc.
Solvent-borne Adhesives Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers.
Surface Treatment Chemicals Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others.
Viscosity Modifier Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement.
Water Reducer Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others.
Water-borne Adhesives Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent.
Waterproofing Chemicals Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement.
Waterproofing Membranes Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
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Thailand Construction Chemicals Market Research FAQs

The Thailand Construction Chemicals Market size is expected to reach USD 690.33 million in 2024 and grow at a CAGR of 5.99% to reach USD 978.96 million by 2030.

In 2024, the Thailand Construction Chemicals Market size is expected to reach USD 690.33 million.

Fosroc, Inc., MBCC Group, Saint-Gobain, Sika AG and TOA Paint (Thailand) Public Company Limited are the major companies operating in the Thailand Construction Chemicals Market.

In the Thailand Construction Chemicals Market, the Industrial and Institutional segment accounts for the largest share by end use sector.

In 2024, the Residential segment accounts for the fastest growing by end use sector in the Thailand Construction Chemicals Market.

In 2023, the Thailand Construction Chemicals Market size was estimated at 690.33 million. The report covers the Thailand Construction Chemicals Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Construction Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Thailand Construction Chemicals Industry Report

Statistics for the 2023 Thailand Construction Chemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thailand Construction Chemicals analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Thailand Construction Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

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