Thailand Specialty Polyamides Market Size & Outlook
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Thailand specialty polyamides market highlights
- The Thailand specialty polyamides market generated a revenue of USD 60.8 million in 2023 and is expected to reach USD 100.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, long chain nylons was the largest revenue generating product in 2023.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty polyamides market data book summary
| Market revenue in 2023 | USD 60.8 million |
| Market revenue in 2030 | USD 100.5 million |
| Growth rate | 7.6% (CAGR from 2024 to 2030) |
| Largest segment | Long chain nylons |
| Fastest growing segment | Long Chain Nylons |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long Chain Nylons, High Temperature Polyamides, MXD6/PARA |
| Key market players worldwide | Evonik Industries AG, Arkema SA, Basf SE, Dow Inc, Koninklijke DSM NV, Asahi Kasei Corp, LG Chem, INVISTA, Solvay SA, Radici Group, Ems-Chemie Holding AG, Ube Corp, Kuraray Co Ltd, Mitsubishi Gas Chemical Co Inc, Toyobo Co Ltd |
Other key industry trends
- In terms of revenue, Thailand accounted for 2.2% of the global specialty polyamides market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China specialty polyamides market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 267.2 million by 2030.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Radici Group | View profile | 1001-5000 | Gandino, Lombardia, Italy, Europe | https://www.radicigroup.com/ |
| INVISTA | View profile | 10001+ | Wichita, Kansas, United States, North America | http://www.invista.com/ |
| Ems-Chemie Holding AG | View profile | 2736 | Via Innovativa 1, Domat/Ems, Switzerland, 7013 | https://www.ems-group.com |
| Mitsubishi Gas Chemical Co Inc | View profile | 10050 | 5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8324 | http://www.mgc.co.jp |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Ube Corp | View profile | 8019 | Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, Japan, 105-8449 | https://www.ube.co.jp |
| Toyobo Co Ltd | View profile | 12460 | 2-8, Dojima Hama 2-chome, Kita-ku, Osaka, Japan, 530-8230 | http://www.toyobo.co.jp |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Thailand specialty polyamides 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 specialty polyamides market will help companies and investors design strategic landscapes.
Long chain nylons was the largest segment with a revenue share of 49.51% in 2023. Horizon Databook has segmented the Thailand specialty polyamides market based on long chain nylons, high temperature polyamides, mxd6/para covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand, which is an automotive hub in the Association of Southeast Asian Nations (ASEAN) market, offers opportunities for international and local sales and sourcing. Over the next few years, automotive exports in Thailand are anticipated to register significant growth, majorly due to the country’s Free Trade Agreements (FTAs) with its ASEAN neighbor countries as well as other countries such as China, Australia, and India.
Several key automotive manufacturers, assemblers, and OEM manufacturers, such as Groupe PSA & Volkswagen, have entered the Thailand market and are expected to invest in the country. Robust growth in the country’s automotive sector is anticipated to fuel the demand for specialty polyamides over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into Thailand specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand specialty polyamides market size, by product, 2018-2030 (US$M)
Thailand Specialty Polyamides Market Outlook Share, 2023 & 2030 (US$M)
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