According to BlueQuark Research & Consulting, Paints & Coatings industry in Thailand is expected to witness a significant growth rate during the forecasted period. The major market drivers and restraints are covered in the study.
Further, analysis of the major end-uses of paints & coatings in Thailand is also discussed - including architectural coatings, automotive coatings, wood coatings, packaging coatings, marine coatings, among others.
Thailand Macroeconomic Factors:
According to the International Monetary Fund, the real GDP growth rate of Thailand is estimated to reach at 2.6% by the end of 2021 and forecasted to reach at 3.6% by the end of 2026.Automotive Segment:
Thailand automotive production output registered at 1.43 million units in 2020 compared to 2.01 million units in 2019, with a year-on-year growth rate of -29.13%.
Thailand Paints & Coatings Trade Scenario:
Thailand paints & coatings imports and exports valued at USD 24.94 million and USD 21.63 million in 2020 compared to 20.62 million and USD 21.63 million in 2019.
BlueQuark's Thailand Paints & Coatings Industry Outlook briefing report provides concise insights into the Thailand's current and future state across the country that is essential for anyone wanting to gain a quick and comprehensive understanding of the industry.
This report also offers an extensively researched competitive landscape section with profiles of prominent companies.
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Thailand Paints & Coatings Industry in USD Million, 2017-2027
Thailand Paints & Coatings Industry - Market Dynamics, 2021-2027
Thailand Paints & Coatings Industry - Supply Chain Analysis
Thailand - List of Notable Paints & Coatings Companies in China
Other Supporting Charts
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