Thailand Mrna Synthesis Raw Materials Market Size & Outlook
Thailand mrna synthesis raw materials market, 2018-2030 (US$M)
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Thailand mrna synthesis raw materials market highlights
- The Thailand mrna synthesis raw materials market generated a revenue of USD 16.2 million in 2023 and is expected to reach USD 17.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 0.7% from 2024 to 2030.
- In terms of segment, capping agents was the largest revenue generating type in 2023.
- Capping Agents is the most lucrative type segment registering the fastest growth during the forecast period.
Mrna synthesis raw materials market data book summary
| Market revenue in 2023 | USD 16.2 million |
| Market revenue in 2030 | USD 17.0 million |
| Growth rate | 0.7% (CAGR from 2023 to 2030) |
| Largest segment | Capping agents |
| Fastest growing segment | Capping Agents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capping Agents, Nucleotides, Plasmid DNA, Enzymes |
| Key market players worldwide | Roche Holding AG, Merck KGaA, Thermo Fisher Scientific Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, New England Biolabs, Creative-Biolabs, Jena Bioscience, YEASEN Biotechnology, BOC Sciences, Hongene Biotechnology |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.6% of the global mrna synthesis raw materials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan mrna synthesis raw materials market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 195.3 million by 2030.
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MRNA Synthesis Raw Materials Market Scope
MRNA Synthesis Raw Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand mrna synthesis raw materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mrna synthesis raw materials market will help companies and investors design strategic landscapes.
Capping agents was the largest segment with a revenue share of 38.89% in 2023. Horizon Databook has segmented the Thailand mrna synthesis raw materials market based on capping agents, nucleotides, plasmid dna, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
In Thailand, the mRNA synthesis raw materials market is primarily saturated with foreign players and their subsidiaries in the region owing to lesser demand. Furthermore, several government interventions to treat flu and infectious diseases are anticipated to fuel the demand for mRNA vaccine which is expected to boost the growth of the market.
For instance, in August 2022, Thailand announced its plans to treat flu in the same way as COVID-19. Such government interventions are expected to drive the market.
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Our clientele includes a mix of mrna synthesis raw materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into Thailand mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand mrna synthesis raw materials market size, by type, 2018-2030 (US$M)
Thailand MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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