Thailand Adhesive market - Segmented by Type and Application - Trends and Forecasts (2016 - 2021)

  • ID: 3421474
  • Report
  • Region: Thailand
  • 61 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Convestro – Thailand
  • H.B. Fuller- Thailand
  • Sika Thailand
  • Starbond (Thailand)
  • MORE
The Thailand Adhesive Market was valued at USD 239.87 million in 2014 and is projected to reach USD 340.15 million by 2020, at a CAGR of 5.99% during the forecast period from 2015 to 2020. Key end user markets for adhesives and sealants vary from the construction, packaging, labelling, woodworking, transportation, footwear, and automotive, industry. The exponential growth in end user industries has led to the growth of adhesives and sealants consumption. The adhesives and sealants industry includes two chemically similar but functionally different groups of formulated products. Adhesive products are used to create a bond between two different or similar materials while sealants are used to create an impenetrable barrier to gas or moisture. Adhesives and sealants are made from precise blends of resins, synthetic rubber elastomers; and agents or additives used to enhance certain characteristics, depending on the end use. Industries that typically use adhesives and sealants include automotive, construction, consumer products, assembly, packaging and labelling. Earlier it was necessary to reinforce adhesives joints by other joining methods, today high-performance adhesives can undertake this structural task by themselves. Moreover, in applications that require a special degree of integrity of the construction, such as in aircraft construction, adhesives reached a level that allows a more widespread use. Bonded joints are smooth, reliable and permanent in holding together the most diverse materials.

The report has been segmented based on type and by application. By type it includes Hot Melt, Reactive Hot Melt, Solvent Based, Pressure Sensitive, Epoxy and other Polyurethane adhesives. It is identified that the Polyurethane Adhesives market has fastest and major reason for growth of the market is high production overall throughout every region. By application the market is segmentation includes Building & Construction, Paper board & Packaging, Woodworking & Joinery, Transportation, Footwear and Leather, Assembly operations and others. The building & construction segment has the largest market share of 23.3%.

Thailand’s economy is export driven. Its exports accounts for about 60% of its GDP, therefore, a large amount of adhesive which are locally produced is being exported by the country. The Thai economy faces Challenges with consumer confidence remaining fragile and the economy under pressure from the rising oil prices; an over-valued Baht; a slow-down in demand from key markets; a rising inflation rate, and declining work place competitiveness. Moreover, due to the political uncertainty that has been present in Thailand for the past few years has slowed down the government’s expenditure on various construction activities.

The dominating international players in adhesives market in Thailand are Sika, Henkel, Convestro, Sunstar Chemical, H.B. Fuller and Dunlop Adhesives. The adhesives manufacturer Bostik, a subsidiary of the French oil and gas company Total SA, also has a plant in Thailand.

The main local adhesives manufacturers include: Starbond, Oji Label Ltd., Bond Chemicals Limited, Thai Mitsui Specialty Chemicals Co. Ltd. And Asia Cemedine Co. Ltd. Among others.

Key Deliverables in the Study

1. Market definition along with the identification of key Drivers and Restraints
2. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
3. Extensively researched competitive landscape section with profiles of major companies along with their market shares
4. Identification and analysis of the macro and micro factors that affect the Thailand Adhesive market
5. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
6. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Convestro – Thailand
  • H.B. Fuller- Thailand
  • Sika Thailand
  • Starbond (Thailand)
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Adhesives Market
3.1 Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter’s 5 Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Domestic Growth
4.1.2 Growing Environmental Awareness
4.1.3 Wide range of applications
4.2 Restraints
4.2.1 Political Turmoil
4.2.2 Volatility in raw material prices
4.2.3 Economic cycles
4.3 Opportunities
4.3.1 Construction Industry
4.3.2 Automotive Industry
4.3.3 Packaging Industry
5. Market Segmentation and Analysis
5.1 By Type
5.1.1 Hot Melt Adhesives
5.1.1.1 Market size, growth and forecast
5.1.1.2 Potential Industry & Quantity
5.1.1.3 Market Price
5.1.2 Reactive Hot Melt Adhesives
5.1.2.1 Market size, growth and forecast
5.1.2.2 Potential Industry & Quantity
5.1.2.3 Market Price
5.1.3 Solvent Based Adhesives
5.1.3.1 Market size, growth and forecast
5.1.3.2 Potential Industry & Quantity
5.1.3.3 Market Price
5.1.4 Pressure Sensitive Adhesives
5.1.4.1 Market size, growth and forecast
5.1.4.2 Potential Industry & Quantity
5.1.4.3 Market Price
5.1.5 Epoxy Adhesives
5.1.5.1 Market size, growth and forecast
5.1.5.2 Potential Industry & Quantity
5.1.5.3 Market Price
5.1.6 Polyurethane Adhesives
5.1.6.1 Market size, growth and forecast
5.1.6.2 Potential Industry & Quantity
5.1.6.3 Market Price
5.2 By Application
5.2.1 Building & Construction
5.2.2 Paper board & Packaging
5.2.3 Woodworking & Joinery
5.2.4 Transportation
5.2.5 Footwear and Leather
5.2.6 Assembly operations
5.2.7 Electronics
5.2.8 Others
6. Potential Adhesive Customers
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by Leading Players
8. Global Manufacturers
8.1 SWOT Analysis
8.2 Manufacturing Location
8.3 Product Types
8.4 Production Capacity
8.5 Customer Base
8.6 Shareholders
8.7 Company Profiles included
8.7.1 H.B. Fuller- Thailand
8.7.2 Convestro - Thailand
8.7.3 Bostik (Thailand) Co., Ltd.
8.7.4 Sunstar Chemical (Thailand)
8.7.5 Henkel Chemicals (Thailand)
8.7.6 Sika Thailand
8.7.7 Dunlop Adhesives (Thailand)
9. Local Manufacturers
9.1 SWOT Analysis
9.2 Manufacturing Location
9.3 Product Types
9.4 Production Capacity
9.5 Customer Base
9.6 Shareholders
9.7 Company Profiles included
9.7.1 Starbond (Thailand)
9.7.2 Oji Label (Thailand) Limited
9.7.3 Bond Chemicals (Thailand) Limited
9.7.4 Thai Mitsui Specialty Chemicals Co., Limited
9.7.5 Asia Cemedine Co Ltd (Acc)
10. Disclaimer
Note: Product cover images may vary from those shown
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- H.B. Fuller- Thailand
- Convestro – Thailand
- Bostik (Thailand) Co., Ltd.
- Sunstar Chemical (Thailand)
- Henkel Chemicals (Thailand)
- Sika Thailand
- Dunlop Adhesives (Thailand)
- Starbond (Thailand)
- Oji Label (Thailand) Limited
- Bond Chemicals (Thailand) Limited
- Thai Mitsui Specialty Chemicals Co., Limited
- Asia Cemedine Co Ltd (Acc)
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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