Exploring Key Trends in Thailand Construction Chemicals Market Market

Key Insights

The Thailand construction chemicals market, valued at approximately $XX million in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5.50% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, significant government investments in infrastructure development, particularly in transportation and urban renewal projects across Thailand, are driving demand for construction chemicals. Secondly, the rising adoption of sustainable building practices and the growing focus on energy efficiency are increasing the demand for eco-friendly construction chemicals like low-VOC coatings and high-performance sealants. Furthermore, the burgeoning residential sector, propelled by a growing population and rising disposable incomes, contributes significantly to market growth. Key product segments include adhesives, membranes, sealants, coatings, and fire retardants, with the industrial and institutional sectors, alongside infrastructure and residential construction, constituting major end-use applications. Leading players like Saint-Gobain, TOA Paint, MBCC Group, and Sika AG are actively shaping the market dynamics through innovation and strategic expansion.

However, the market faces some challenges. Fluctuations in raw material prices, particularly cement and polymers, pose a risk to profitability. Additionally, the market's competitiveness, with numerous domestic and international players vying for market share, requires continuous innovation and efficient cost management. Despite these restraints, the overall outlook for the Thailand construction chemicals market remains positive, driven by the country's sustained economic growth and the ongoing push for infrastructure modernization. The market's segmentation offers opportunities for specialized product offerings and targeted marketing strategies, providing avenues for growth for existing players and new entrants alike.

Thailand Construction Chemicals Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the Thailand construction chemicals market, offering invaluable insights for stakeholders, investors, and industry professionals. The report covers the period from 2019 to 2033, with a focus on the base year 2025 and a forecast period spanning 2025-2033. The historical period analyzed is 2019-2024. The market size is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period. This report delves into market segmentation by product (adhesives, membranes, sealants, coatings, fire retardants) and end-use sector (commercial, industrial & institutional, infrastructure, residential), providing a granular understanding of the market dynamics.

Thailand Construction Chemicals Market Research Report - Market Size, Growth & Forecast

Thailand Construction Chemicals Market Structure & Competitive Dynamics

The Thailand construction chemicals market exhibits a moderately concentrated structure, with several multinational and local players vying for market share. Key players include Saint-Gobain, TOA Paint (Thailand) Public Company Limited, MBCC Group, Cemkrete Inter Co Ltd, CORMIX INTERNATIONAL LIMITED, Fosroc Inc, Ardex Group, Act (Thailand) Co Ltd, MAPEI S p A, and Sika AG. The market is characterized by intense competition, driven by innovation, price wars, and strategic acquisitions.

Market Concentration: The top five players account for approximately xx% of the total market share in 2025, indicating a relatively consolidated market structure.
Innovation Ecosystems: Continuous technological advancements in material science and sustainability are driving product innovation. Companies are focusing on developing eco-friendly, high-performance construction chemicals to cater to growing environmental concerns and stringent regulatory norms.
Regulatory Frameworks: The Thai government's focus on infrastructure development and construction projects significantly influences market growth, while regulations related to building codes and environmental protection impact product specifications and adoption.
Product Substitutes: The availability of alternative materials and technologies poses a challenge to the market; however, the superior performance and durability of construction chemicals often outweigh the cost advantages of alternatives.
End-User Trends: The growing preference for sustainable and high-performance buildings, coupled with rising construction activity, fuels market demand. Infrastructure projects related to transport, energy, and water management are major growth drivers.
M&A Activities: Recent mergers and acquisitions, such as the Sika acquisition of MBCC Group (excluding its concrete admixture operations), highlight the ongoing consolidation within the industry. The deal value for this acquisition was xx Million. These activities contribute to market reshaping and alter competitive landscapes.

Thailand Construction Chemicals Market Industry Trends & Insights

The Thailand construction chemicals market is experiencing robust growth driven by a combination of factors. The government's substantial investment in infrastructure projects, expanding urbanization, and the rise of the construction sector are major drivers. Moreover, technological advancements such as the use of nanotechnology and bio-based materials are transforming the industry. The market is also witnessing a growing focus on sustainable construction practices, with manufacturers emphasizing eco-friendly products. Consumer preferences are shifting towards high-performance, durable, and user-friendly construction chemicals. The ongoing competitive landscape, characterized by product innovation and strategic partnerships, is further influencing market dynamics. Market penetration of high-performance concrete admixtures is approximately xx%, while penetration of eco-friendly sealants is projected to reach xx% by 2033.

Thailand Construction Chemicals Market Growth

Dominant Markets & Segments in Thailand Construction Chemicals Market

The residential and infrastructure segments demonstrate significant market dominance in Thailand’s construction chemicals market. The burgeoning population and rapid urbanization are driving the residential construction sector, increasing demand for adhesives, sealants, and coatings. Simultaneously, substantial government investments in infrastructure projects such as roads, railways, and airports are fueling demand for high-performance construction chemicals.

Key Drivers for Residential Segment:
- Increasing disposable income and housing demand.
- Government initiatives to promote affordable housing.
Key Drivers for Infrastructure Segment:
- Massive government spending on infrastructure development (e.g., Eastern Economic Corridor).
- Investments in transportation, energy, and water management projects.

Within the product segments, adhesives and sealants command a substantial market share due to their wide application across both residential and infrastructure projects. The coatings segment exhibits strong growth potential, driven by the rising demand for aesthetically appealing and durable building finishes.

Thailand Construction Chemicals Market Product Innovations

Recent innovations focus on enhancing product performance, sustainability, and ease of application. Manufacturers are incorporating advanced technologies such as nanotechnology to improve the durability, strength, and waterproofing properties of construction chemicals. Bio-based and recycled materials are being increasingly used to create eco-friendly alternatives, catering to the growing awareness of environmental concerns. These innovations are helping to meet the demands of the market for high-performance, sustainable, and cost-effective construction chemicals.

Report Segmentation & Scope

This report segments the Thailand construction chemicals market based on product type (adhesives, membranes, sealants, coatings, fire retardants) and end-use sector (commercial, industrial & institutional, infrastructure, residential). Each segment's market size, growth projections, and competitive dynamics are analyzed.

Adhesives: This segment is projected to grow at xx% CAGR due to its wide application in construction activities.
Membranes: The membrane segment is witnessing growth due to increased demand for waterproofing solutions.
Sealants: This segment benefits from diverse applications across buildings and infrastructure projects.
Coatings: The coatings segment is expected to experience strong growth driven by the demand for aesthetically appealing finishes.
Fire Retardants: Demand for fire retardants is driven by stringent building codes and safety regulations.
End-use Sectors: All end-use sectors contribute significantly to the market's growth, each influenced by unique industry dynamics.

Key Drivers of Thailand Construction Chemicals Market Growth

The Thai construction chemicals market growth is propelled by several key factors: significant government spending on infrastructure projects, the booming residential construction sector driven by urbanization and population growth, and a growing focus on sustainable and eco-friendly construction practices. Technological advancements, offering enhanced product performance and sustainability, further contribute to market expansion.

Challenges in the Thailand Construction Chemicals Market Sector

Challenges facing the market include volatile raw material prices impacting production costs, potential supply chain disruptions, and intense competition among numerous domestic and international players. Stringent regulatory norms regarding environmental protection and construction quality standards also pose challenges for market participants.

Leading Players in the Thailand Construction Chemicals Market Market

Saint-Gobain
TOA Paint (Thailand) Public Company Limited
MBCC Group
Cemkrete Inter Co Ltd
CORMIX INTERNATIONAL LIMITED
Fosroc Inc
Ardex Group
Act (Thailand) Co Ltd
MAPEI S p A
Sika AG

Key Developments in Thailand Construction Chemicals Market Sector

November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent.
February 2023: Master Builders Solutions inaugurated a new offshore grout production plant in Taichung, Taiwan.
May 2023: Sika acquired the MBCC Group, significantly altering the competitive landscape.

Strategic Thailand Construction Chemicals Market Market Outlook

The Thailand construction chemicals market presents substantial growth opportunities, driven by continued infrastructure development, increasing urbanization, and the adoption of advanced construction technologies. Strategic partnerships, investments in research and development, and a focus on sustainable product offerings will be crucial for success in this dynamic market. The focus on eco-friendly and high-performance products will continue to shape the market's future trajectory.

Thailand Construction Chemicals Market Segmentation

1. End Use Sector
- 1.1. Commercial
- 1.2. Industrial and Institutional
- 1.3. Infrastructure
- 1.4. Residential
2. Product
- 2.1. Adhesives
  - 2.1.1. By Sub Product
    - 2.1.1.1. Hot Melt
    - 2.1.1.2. Reactive
    - 2.1.1.3. Solvent-borne
    - 2.1.1.4. Water-borne
- 2.2. Anchors and Grouts
  - 2.2.1. Cementitious Fixing
  - 2.2.2. Resin Fixing
  - 2.2.3. Other Types
- 2.3. Concrete Admixtures
  - 2.3.1. Accelerator
  - 2.3.2. Air Entraining Admixture
  - 2.3.3. High Range Water Reducer (Super Plasticizer)
  - 2.3.4. Retarder
  - 2.3.5. Shrinkage Reducing Admixture
  - 2.3.6. Viscosity Modifier
  - 2.3.7. Water Reducer (Plasticizer)
- 2.4. Concrete Protective Coatings
  - 2.4.1. Acrylic
  - 2.4.2. Alkyd
  - 2.4.3. Epoxy
  - 2.4.4. Polyurethane
  - 2.4.5. Other Resin Types
- 2.5. Flooring Resins
  - 2.5.1. Polyaspartic
- 2.6. Repair and Rehabilitation Chemicals
  - 2.6.1. Fiber Wrapping Systems
  - 2.6.2. Injection Grouting Materials
  - 2.6.3. Micro-concrete Mortars
  - 2.6.4. Modified Mortars
  - 2.6.5. Rebar Protectors
- 2.7. Sealants
  - 2.7.1. Silicone
- 2.8. Surface Treatment Chemicals
  - 2.8.1. Curing Compounds
  - 2.8.2. Mold Release Agents
  - 2.8.3. Other Product Types
- 2.9. Waterproofing Solutions
  - 2.9.1. Membranes

Thailand Construction Chemicals Market Segmentation By Geography

1. Thailand

Thailand Construction Chemicals Market Regional Share

Thailand Construction Chemicals Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2019-2033
Base Year	2024
Estimated Year	2025
Forecast Period	2025-2033
Historical Period	2019-2024
Growth Rate	CAGR of > 5.50% from 2019-2033
Segmentation	By End Use Sector Commercial Industrial and Institutional Infrastructure Residential By Product Adhesives By Sub Product Hot Melt Reactive Solvent-borne Water-borne Anchors and Grouts Cementitious Fixing Resin Fixing Other Types Concrete Admixtures Accelerator Air Entraining Admixture High Range Water Reducer (Super Plasticizer) Retarder Shrinkage Reducing Admixture Viscosity Modifier Water Reducer (Plasticizer) Concrete Protective Coatings Acrylic Alkyd Epoxy Polyurethane Other Resin Types Flooring Resins Polyaspartic Repair and Rehabilitation Chemicals Fiber Wrapping Systems Injection Grouting Materials Micro-concrete Mortars Modified Mortars Rebar Protectors Sealants Silicone Surface Treatment Chemicals Curing Compounds Mold Release Agents Other Product Types Waterproofing Solutions Membranes By Geography Thailand

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Growing Consumption for Polyethylene Terephthalate in the Packaging Sector; Significant Demand of Polyester Fibers from the Textile Sector in Asia Pacific
- - 3.3. Market Restrains
  - - 3.3.1. Toxic Effects of Terephthalic Acid
- - 3.4. Market Trends
  - - 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
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. Thailand Construction Chemicals Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
  - 5.1.1. Commercial
  - 5.1.2. Industrial and Institutional
  - 5.1.3. Infrastructure
  - 5.1.4. Residential
- 5.2. Market Analysis, Insights and Forecast - by Product
  - 5.2.1. Adhesives
    - 5.2.1.1. By Sub Product
      - 5.2.1.1.1. Hot Melt
      - 5.2.1.1.2. Reactive
      - 5.2.1.1.3. Solvent-borne
      - 5.2.1.1.4. Water-borne
  - 5.2.2. Anchors and Grouts
    - 5.2.2.1. Cementitious Fixing
    - 5.2.2.2. Resin Fixing
    - 5.2.2.3. Other Types
  - 5.2.3. Concrete Admixtures
    - 5.2.3.1. Accelerator
    - 5.2.3.2. Air Entraining Admixture
    - 5.2.3.3. High Range Water Reducer (Super Plasticizer)
    - 5.2.3.4. Retarder
    - 5.2.3.5. Shrinkage Reducing Admixture
    - 5.2.3.6. Viscosity Modifier
    - 5.2.3.7. Water Reducer (Plasticizer)
  - 5.2.4. Concrete Protective Coatings
    - 5.2.4.1. Acrylic
    - 5.2.4.2. Alkyd
    - 5.2.4.3. Epoxy
    - 5.2.4.4. Polyurethane
    - 5.2.4.5. Other Resin Types
  - 5.2.5. Flooring Resins
    - 5.2.5.1. Polyaspartic
  - 5.2.6. Repair and Rehabilitation Chemicals
    - 5.2.6.1. Fiber Wrapping Systems
    - 5.2.6.2. Injection Grouting Materials
    - 5.2.6.3. Micro-concrete Mortars
    - 5.2.6.4. Modified Mortars
    - 5.2.6.5. Rebar Protectors
  - 5.2.7. Sealants
    - 5.2.7.1. Silicone
  - 5.2.8. Surface Treatment Chemicals
    - 5.2.8.1. Curing Compounds
    - 5.2.8.2. Mold Release Agents
    - 5.2.8.3. Other Product Types
  - 5.2.9. Waterproofing Solutions
    - 5.2.9.1. Membranes
- 5.3. Market Analysis, Insights and Forecast - by Region
  - 5.3.1. Thailand
6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- - 6.2. Company Profiles
  - - 6.2.1 Saint-Gobain
      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 TOA Paint (Thailand) Public Company Limite
      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 MBCC Group
      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 Cemkrete Inter Co Ltd
      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 CORMIX INTERNATIONAL LIMITED
      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 Fosroc Inc
      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 Ardex Group
      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 Act (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 MAPEI S p A
      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

Figure 1: Thailand Construction Chemicals Market Revenue Breakdown (Million, %) by Product 2024 & 2032
Figure 2: Thailand Construction Chemicals Market Share (%) by Company 2024

List of Tables

Table 1: Thailand Construction Chemicals Market Revenue Million Forecast, by Region 2019 & 2032
Table 2: Thailand Construction Chemicals Market Volume K Tons Forecast, by Region 2019 & 2032
Table 3: Thailand Construction Chemicals Market Revenue Million Forecast, by End Use Sector 2019 & 2032
Table 4: Thailand Construction Chemicals Market Volume K Tons Forecast, by End Use Sector 2019 & 2032
Table 5: Thailand Construction Chemicals Market Revenue Million Forecast, by Product 2019 & 2032
Table 6: Thailand Construction Chemicals Market Volume K Tons Forecast, by Product 2019 & 2032
Table 7: Thailand Construction Chemicals Market Revenue Million Forecast, by Region 2019 & 2032
Table 8: Thailand Construction Chemicals Market Volume K Tons Forecast, by Region 2019 & 2032
Table 9: Thailand Construction Chemicals Market Revenue Million Forecast, by Country 2019 & 2032
Table 10: Thailand Construction Chemicals Market Volume K Tons Forecast, by Country 2019 & 2032
Table 11: Thailand Construction Chemicals Market Revenue Million Forecast, by End Use Sector 2019 & 2032
Table 12: Thailand Construction Chemicals Market Volume K Tons Forecast, by End Use Sector 2019 & 2032
Table 13: Thailand Construction Chemicals Market Revenue Million Forecast, by Product 2019 & 2032
Table 14: Thailand Construction Chemicals Market Volume K Tons Forecast, by Product 2019 & 2032
Table 15: Thailand Construction Chemicals Market Revenue Million Forecast, by Country 2019 & 2032
Table 16: Thailand Construction Chemicals Market Volume K Tons Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Construction Chemicals Market?

The projected CAGR is approximately > 5.50%.

2. Which companies are prominent players in the Thailand Construction Chemicals Market?

Key companies in the market include Saint-Gobain, TOA Paint (Thailand) Public Company Limite, MBCC Group, Cemkrete Inter Co Ltd, CORMIX INTERNATIONAL LIMITED, Fosroc Inc, Ardex Group, Act (Thailand) Co Ltd, MAPEI S p A, Sika AG.

3. What are the main segments of the Thailand Construction Chemicals Market?

The market segments include End Use Sector, Product.

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?

Growing Consumption for Polyethylene Terephthalate in the Packaging Sector; Significant Demand of Polyester Fibers from the Textile Sector in Asia Pacific.

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?

Toxic Effects of Terephthalic Acid.

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

May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption.

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 and volume, measured in K Tons.

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

Yes, the market keyword associated with the report is "Thailand Construction Chemicals Market," 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 Construction Chemicals Market 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 Construction Chemicals Market?

To stay informed about further developments, trends, and reports in the Thailand Construction Chemicals Market, 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 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

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

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.