Thailand Sealants Industry Industry Overview and Projections

Thailand Sealants Industry by End User Industry (Aerospace, Automotive, Building and Construction, Healthcare, Other End-user Industries), by Resin (Acrylic, Epoxy, Polyurethane, Silicone, Other Resins), by Thailand Forecast 2025-2033

Jun 8 2025
Base Year: 2024

150 Pages
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Thailand Sealants Industry Industry Overview and Projections


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Key Insights

The Thailand sealants market, valued at approximately $150 million in 2025, is projected to experience robust growth, exceeding a 6% CAGR from 2025 to 2033. This expansion is driven by the burgeoning construction sector, particularly in infrastructure development and residential building projects fueled by Thailand's economic growth. The automotive industry also contributes significantly, with increasing demand for high-performance sealants in vehicle manufacturing. Furthermore, the growing healthcare sector and the rising adoption of sealants in aerospace applications are supplementing market growth. The prevalent use of acrylic, epoxy, and polyurethane resins dominates the market, reflecting their versatility and cost-effectiveness across various applications. However, the market faces challenges such as fluctuating raw material prices and environmental regulations impacting the production and use of certain sealant types. Competitive pressures from both established international players like Henkel, 3M, and Dow, and local manufacturers like Plic Firston (Thailand) Co Ltd also shape the market landscape. The market segmentation reveals a diverse end-user base, with building and construction currently holding the largest share, followed by the automotive sector. Future growth is likely to be influenced by technological advancements leading to the development of eco-friendly and high-performance sealants.

The forecast period (2025-2033) anticipates continued expansion of the Thailand sealants market, primarily driven by sustained infrastructure development and consistent growth across key end-user industries. Strategic partnerships and collaborations between international and local companies are likely, leading to increased product innovation and market penetration. However, maintaining competitiveness amidst fluctuating raw material costs and evolving environmental regulations will be crucial for market players. Understanding regional variations in demand and tailoring product offerings to specific applications will be key to maximizing market share. The long-term outlook remains positive, given the strong underlying growth in Thailand's economy and its increasing reliance on advanced materials across key industrial sectors.

Thailand Sealants Industry Research Report - Market Size, Growth & Forecast

Thailand Sealants Industry: Market Report 2019-2033

This comprehensive report provides an in-depth analysis of the Thailand sealants industry, covering market dynamics, growth trends, key players, and future opportunities. The study period spans from 2019 to 2033, with 2025 as the base year and forecast period extending to 2033. This report is invaluable for industry professionals, investors, and strategic decision-makers seeking to understand and capitalize on the evolving landscape of the Thailand sealants market. The report segments the market by end-user industry (Aerospace, Automotive, Building and Construction, Healthcare, Other End-user Industries) and resin type (Acrylic, Epoxy, Polyurethane, Silicone, Other Resins).

Thailand Sealants Industry Market Dynamics & Structure

The Thailand sealants market is characterized by a moderately concentrated structure, with both global and local players vying for market share. Technological innovation, driven by the demand for higher-performance, sustainable, and specialized sealants, is a key driver. Stringent regulatory frameworks regarding VOC emissions and material safety influence product formulations and manufacturing processes. Competitive product substitutes, such as tapes and gaskets, pose challenges, necessitating continuous product differentiation. The end-user demographics show a strong correlation with the construction and automotive sectors’ growth. The market has witnessed significant M&A activity, exemplified by recent deals involving Sika AG and The Yokohama Rubber Co. Ltd.

  • Market Concentration: Moderately concentrated, with a few major players holding significant market share (estimated at xx%).
  • Technological Innovation: Focus on high-performance, eco-friendly, and specialized sealants is driving innovation. Key areas include advancements in curing mechanisms, improved adhesion properties, and enhanced durability.
  • Regulatory Framework: Compliance with environmental regulations (e.g., VOC emissions) is crucial.
  • Competitive Substitutes: Tapes and gaskets represent key competitive substitutes, impacting sealant market penetration.
  • End-User Demographics: Strong growth in construction and automotive sectors are key demographic drivers.
  • M&A Trends: Significant activity, notably the acquisition of Hamatite by Sika AG, points to consolidation and strategic expansion. The number of M&A deals in the past 5 years was xx.

Thailand Sealants Industry Growth Trends & Insights

The Thailand sealants market has witnessed consistent growth during the historical period (2019-2024), driven by robust growth in construction and automotive sectors. The market size, estimated at xx million units in 2024, is projected to reach xx million units by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033). This growth is fueled by increasing infrastructure development, rising automotive production, and a growing preference for advanced sealant technologies. Technological disruptions, such as the introduction of smart sealants and advanced material science, further enhance market growth. Shifting consumer preferences towards sustainable and eco-friendly products are also influencing the market's trajectory. Market penetration of specialized sealants in niche applications is expected to increase.

Thailand Sealants Industry Growth

Dominant Regions, Countries, or Segments in Thailand Sealants Industry

The Building and Construction sector represents the dominant end-user segment in the Thailand sealants market, accounting for approximately xx% of total consumption in 2024. The strong growth in construction activity, driven by government infrastructure projects and urbanization, fuels the demand for construction sealants. Within resin types, Polyurethane sealants hold a significant market share due to their versatility and high-performance characteristics. The growth of the automotive industry also significantly contributes to sealant consumption, particularly in automotive assembly and maintenance.

  • Key Drivers for Building and Construction: Government infrastructure projects, urbanization, and private sector investments.
  • Key Drivers for Automotive: Rising automobile production and increasing demand for high-performance automotive sealants.
  • Market Share: Building and Construction (xx%), Automotive (xx%), Polyurethane Sealants (xx%).
  • Growth Potential: High growth potential for specialized sealants in niche applications (e.g., aerospace, healthcare).

Thailand Sealants Industry Product Landscape

The Thailand sealants market offers a diverse range of products, including acrylic, epoxy, polyurethane, silicone, and other specialized sealants. Product innovation focuses on improving adhesion strength, durability, and resistance to environmental factors. Advanced features like UV resistance, temperature stability, and antimicrobial properties are becoming increasingly sought after. Unique selling propositions include specialized formulations for specific applications, improved ease of use, and enhanced sustainability features. Technological advancements in curing mechanisms and material science continuously improve sealant performance.

Key Drivers, Barriers & Challenges in Thailand Sealants Industry

Key Drivers:

  • Rapid urbanization and infrastructure development.
  • Growth of the automotive and construction sectors.
  • Increasing demand for high-performance sealants in diverse applications.
  • Technological advancements leading to improved product features.

Key Challenges and Restraints:

  • Fluctuations in raw material prices impact profitability.
  • Stringent environmental regulations increase manufacturing costs.
  • Intense competition from both domestic and international players.
  • Supply chain disruptions can affect product availability and prices. The impact of supply chain issues on the market is estimated at xx% in 2024.

Emerging Opportunities in Thailand Sealants Industry

  • Growth in renewable energy sectors (solar, wind) creates demand for specialized sealants.
  • Expansion into niche applications like electronics and medical devices.
  • Increased demand for sustainable and eco-friendly sealants.
  • Development of smart sealants with integrated sensors and monitoring capabilities.

Growth Accelerators in the Thailand Sealants Industry

Technological breakthroughs in material science and formulation are key catalysts for long-term growth. Strategic partnerships between sealant manufacturers and end-users facilitate customized solutions and accelerate market penetration. Expansion into new geographical markets and application segments, especially within renewable energy and high-tech industries, further fuels industry growth.

Key Players Shaping the Thailand Sealants Industry Market

  • Henkel AG & Co KGaA
  • THE YOKOHAMA RUBBER CO LTD
  • 3M
  • Arkema Group
  • Dow
  • H B Fuller Company
  • Soudal Holding N V
  • Plic Firston (Thailand) Co Ltd
  • Shin-Etsu Chemical Co Ltd
  • Sika AG

Notable Milestones in Thailand Sealants Industry Sector

  • January 2020: H.B. Fuller Company introduced a new range of Gorilla professional-grade adhesives and sealants for MRO industrial applications.
  • April 2021: Sika AG signed an agreement to acquire The Yokohama Rubber Co. Ltd's adhesives division, Hamatite.
  • November 2021: The Yokohama Rubber Co. Ltd divested its Hamatite adhesives and sealants business, which was bought by Sika AG.

In-Depth Thailand Sealants Industry Market Outlook

The Thailand sealants market is poised for sustained growth, driven by ongoing infrastructure development, expansion of the automotive sector, and the increasing demand for specialized high-performance sealants. Strategic investments in research and development, coupled with strategic partnerships and market expansion initiatives, will further strengthen the industry's trajectory. The focus on sustainable and eco-friendly solutions will shape future product innovation and market leadership. The market presents lucrative opportunities for both established players and new entrants to capitalize on evolving consumer preferences and technological advancements.

Thailand Sealants Industry Segmentation

  • 1. End User Industry
    • 1.1. Aerospace
    • 1.2. Automotive
    • 1.3. Building and Construction
    • 1.4. Healthcare
    • 1.5. Other End-user Industries
  • 2. Resin
    • 2.1. Acrylic
    • 2.2. Epoxy
    • 2.3. Polyurethane
    • 2.4. Silicone
    • 2.5. Other Resins

Thailand Sealants Industry Segmentation By Geography

  • 1. Thailand
Thailand Sealants Industry Regional Share


Thailand Sealants Industry REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of > 6.00% from 2019-2033
Segmentation
    • By End User Industry
      • Aerospace
      • Automotive
      • Building and Construction
      • Healthcare
      • Other End-user Industries
    • By Resin
      • Acrylic
      • Epoxy
      • Polyurethane
      • Silicone
      • Other Resins
  • By Geography
    • Thailand


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. ; Increasing Demand from various End-user Industries; Other Drivers
      • 3.3. Market Restrains
        • 3.3.1. ; Stringent Environmental Regulations Regarding VOC Emissions; Impact of COVID-19 Pandemic
      • 3.4. Market Trends
        • 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Thailand Sealants Industry Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by End User Industry
      • 5.1.1. Aerospace
      • 5.1.2. Automotive
      • 5.1.3. Building and Construction
      • 5.1.4. Healthcare
      • 5.1.5. Other End-user Industries
    • 5.2. Market Analysis, Insights and Forecast - by Resin
      • 5.2.1. Acrylic
      • 5.2.2. Epoxy
      • 5.2.3. Polyurethane
      • 5.2.4. Silicone
      • 5.2.5. Other Resins
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. Thailand
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 Henkel AG & Co KGaA
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 THE YOKOHAMA RUBBER CO LTD
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 3M
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Arkema Group
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Dow
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 H B Fuller Company
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Soudal Holding N V
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Plic Firston (Thailand) Co Ltd
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Shin-Etsu Chemical Co Ltd
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Sika AG
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Thailand Sealants Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Thailand Sealants Industry Share (%) by Company 2024

List of Tables

  1. Table 1: Thailand Sealants Industry Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Thailand Sealants Industry Revenue Million Forecast, by End User Industry 2019 & 2032
  3. Table 3: Thailand Sealants Industry Revenue Million Forecast, by Resin 2019 & 2032
  4. Table 4: Thailand Sealants Industry Revenue Million Forecast, by Region 2019 & 2032
  5. Table 5: Thailand Sealants Industry Revenue Million Forecast, by Country 2019 & 2032
  6. Table 6: Thailand Sealants Industry Revenue Million Forecast, by End User Industry 2019 & 2032
  7. Table 7: Thailand Sealants Industry Revenue Million Forecast, by Resin 2019 & 2032
  8. Table 8: Thailand Sealants Industry Revenue Million Forecast, by Country 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Sealants Industry?

The projected CAGR is approximately > 6.00%.

2. Which companies are prominent players in the Thailand Sealants Industry?

Key companies in the market include Henkel AG & Co KGaA, THE YOKOHAMA RUBBER CO LTD, 3M, Arkema Group, Dow, H B Fuller Company, Soudal Holding N V, Plic Firston (Thailand) Co Ltd, Shin-Etsu Chemical Co Ltd, Sika AG.

3. What are the main segments of the Thailand Sealants Industry?

The market segments include End User Industry, Resin.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

; Increasing Demand from various End-user Industries; Other Drivers.

6. What are the notable trends driving market growth?

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

7. Are there any restraints impacting market growth?

; Stringent Environmental Regulations Regarding VOC Emissions; Impact of COVID-19 Pandemic.

8. Can you provide examples of recent developments in the market?

November 2021: The Yokohama Rubber Co. Ltd divested its Hamatite adhesives and sealants business, bought by Sika AG.April 2021: Sika AG signed an agreement to acquire The Yokohama Rubber Co. Ltd's adhesives division, Hamatite, based in Japan. Hamatite offers polyurethanes, hot melts, and modified silicones technology adhesives and sealants for the automotive and construction industries.January 2020: H.B. Fuller Company introduced a new range of Gorilla professional-grade adhesives and sealants for MRO industrial applications.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Thailand Sealants Industry," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Thailand Sealants Industry report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Thailand Sealants Industry?

To stay informed about further developments, trends, and reports in the Thailand Sealants Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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No Of Pages: 234
Price: $4750

Thermic Fluids Market Trends and Forecasts: Comprehensive Insights

Discover the booming thermic fluids market, projected to exceed a 5% CAGR through 2033. This in-depth analysis explores market drivers, trends, restraints, key players (BP, ExxonMobil, Dow), and regional growth forecasts. Learn about sustainable thermic fluid solutions and future market opportunities.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Formulation Additive Market Industry’s Growth Dynamics and Insights

Discover the booming Formulation Additives market! This in-depth analysis reveals a CAGR exceeding 4%, driven by construction, automotive, and oil & gas sectors. Explore market trends, leading companies (Honeywell, Arkema, BYK, etc.), and regional insights for 2025-2033. Learn about defoamers, rheology modifiers, and more!

July 2025
Base Year: 2024
No Of Pages: 180
Price: $4750