COATECH2024 - Bangkok
Southeast Asia's coatings market is a dynamic and rapidly growing industry, with several countries playing significant roles in the region. Among them, Thailand stands out as one of the largest and most influential markets. With an annual paint production of approximately 94,000kg and a market value of around US$980M, Thailand's vibrant coatings industry is home to numerous manufacturers. The decorative paint segment dominates the market, catering to the diverse demands of the region's booming construction and real estate sectors. Additionally, the automotive coatings and architectural coatings segments also find ample opportunities in Thailand, making it an attractive market for these industries.
THAILAND COATINGS MARKET
The paints and coatings market in Thailand is expected to record a CAGR of over X%.
Coatings Market Value
The Coatings Market Value in Thailand is approximately US$XXM.
Market Segement
The deocartive coatings accounts for XX% of THAILAND coatings market.
PROJECTS THAT FUEL THE DEMAND
FOR THE COATINGS INDUSTRY IN THAILAND
14 Infrastructure Projects in Thailand
The Ministry of Transport (MoT) of Thailand will commence construction on 14 infrastructure projects across the country in 2024. These include multiple rail, highway and road projects with a combined cost of THB570 billion.
