Thailand Fiber Cement Market Overview
According to SPER Market Research, the Thailand Fiber Cement Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Fiber cement is a strong and versatile building material used in construction. It has special qualities as it is constructed of cellulose fibers, sand, and cement. Due to its strength, it is able to endure extreme weather and offer enduring protection for both indoor and outdoor use. Additionally fire-resistant, fiber cement lowers the possibility of flames spreading quickly. Its moldable qualities let architects and builders to produce a variety of designs, making it perfect for siding, roofing, and decoration features. Additionally, fiber cement is resistant to insects like termites, which minimizes the need for pricey repairs. Overall, fiber cement is a dependable, secure, and low-maintenance alternative for building projects.
Exploring the Growth Drivers of the Thailand Fiber Cement Industry
The Fiber Cement market in Thailand is growing as a result of various main factors. Firstly, the country's increasing demand for affordable housing, driven by growing populations and urbanization, has led to the adoption of fiber cement as a cost-effective and long-lasting construction material. Second, the government's emphasis on infrastructure development has increased demand for fiber cement in projects like as roads, bridges, and public buildings due to its strength, fire resistance, and adaptability. Furthermore, environmental concerns influence the industry, as fiber cement is considered as an eco-friendly alternative to materials such as asbestos or PVC, aligning with sustainability goals and decreasing carbon footprint.
What challenges does the Thailand Fiber Cement Market face?
The Thailand fiber cement market faces challenges because of competition from other building materials, raw material availability and pricing, and technological improvements. Fiber cement faces competition from other building materials such as concrete, wood, and steel. To stay competitive, the fiber cement sector must constantly innovate and promote its distinct advantages. Furthermore, raw material availability and pricing changes such as cement, sand, and cellulose fibers might have an impact on production costs. It is critical to provide a steady supply of high-quality materials at competitive pricing. Furthermore, the industry must keep up with evolving construction technologies and adapt to changing consumer preferences.
In what ways has the COVID-19 pandemic affected Thailand Fiber Cement Market?
The worldwide epidemic of COVID-19 has a huge impact on Thailand's fiber cement market. Construction efforts slowed as lockdowns and social distancing measures were imposed, resulting in project delays and suspensions. This had a direct impact on fiber cement demand because fewer buildings were being built or renovated. Transportation and trade restrictions also caused supply chain disruptions, making it difficult to procure raw materials and deliver finished products. As a result, fiber cement production and supply were impacted. The pandemic's economic collapse hurt the market even more, as firms and individuals experienced financial restraints, resulting in lower expenditures in construction projects. As a result, demand for building materials such as fiber cement decreased.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Raw material, By Construction Type, By End Use
|
| Regions covered | Northern region, Central region, Western region, Eastern region
|
| Companies Covered | Adroit Corporation Services, FASSCO by Facade Corporation, Kiternit Fibre Cement Co. LTD, SCG Precast Saraburi, The Siam Fibre
|
Key Target Audience
- Architects and Designers
- Construction Companies
- Developers and Real Estate Companies
- Homeowners and Individual Consumers
Thailand Fiber Cement Market Segmentation:
1. By Raw Material:
- Thailand Fiber Cement Market Value Share and Forecast, By Raw Material, 2023-2033
- Cellulosic Fiber
- Portland Cement
- Silica
- Others
2. By Construction Type:
- Thailand Fiber Cement Market Value Share and Forecast, By Construction Type, 2023-2033
- Molding & Trim
- Roofing
- Siding
- Others
3. By End Use:
- Thailand Fiber Cement Market Value Share and Forecast, By End Use, 2023-2033
- Non-Residential
- Residential
4. By Region:
- Central Region
- Eastern Region
- Northern Region
- Western Region
Key Topics Covered in the Report
- Thailand Fiber Cement Market Size (FY’2023-FY’2033)
- Thailand Fiber Cement Market Overview
- Competitive Analysis of Thailand Fiber Cement Market
- Segmentation of Thailand Fiber Cement Market By Raw Material (Portland Cement, Silica, Cellulosic Fiber, Others)
- Segmentation of Thailand Fiber Cement Market By Construction Type (Siding, Roofing, Molding & Trim, Others)
- Segmentation of Thailand Fiber Cement Market By End Use (Residential, Non-Residential)
- Statistical Snap of Thailand Fiber Cement Market
- Growth Analysis of Thailand Fiber Cement Market
- Problems and Challenges in Thailand Fiber Cement Market
- Competitive Landscape in the Thailand Fiber Cement Market
- Impact of COVID-19 and Demonetization on Thailand Fiber Cement Market
- Details on Recent Investment in Thailand Fiber Cement Market
- Key Players in the Thailand Fiber Cement Market
- SWOT Analysis of Thailand Fiber Cement Market
- Thailand Fiber Cement Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Thailand Fiber Cement Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Fiber Cement Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Fiber Cement Market
7. Thailand Fiber Cement Market, By Raw Material (USD Million)
7.1. Thailand Fiber Cement Market Value Share and Forecast, By Raw Material, 2023-2033
7.2. Cellulosic Fiber
7.3. Portland Cement
7.4. Silica
7.5. Others
8. Thailand Fiber Cement Market, By Construction Type (USD Million)
8.1. Thailand Fiber Cement Market Value Share and Forecast, By Construction Type, 2023-2033
8.2. Molding & Trim
8.3. Roofing
8.4. Siding
8.5. Others
9. Thailand Fiber Cement Market, By End Use (USD Million)
9.1. Thailand Fiber Cement Market Value Share and Forecast, By End Use, 2023-2033
9.2. Non-Residential
9.3. Residential
10. Thailand Fiber Cement Market Forecast, 2019-2033 (USD Million)
10.1. Thailand Fiber Cement Market Size and Market Share
11. Thailand Fiber Cement Market, By Raw Material, 2019-2033 (USD Million)
11.1. Thailand Fiber Cement Market Size and Market Share by Raw Material (2019-2026)
11.2. Thailand Fiber Cement Market Size and Market Share by Raw Material (2027-2033)
12. Thailand Fiber Cement Market, By Construction Type, 2019-2033 (USD Million)
12.1. Thailand Fiber Cement Market Size and Market Share by Construction Type (2019-2026)
12.2. Thailand Fiber Cement Market Size and Market Share by Construction Type (2027-2033)
13. Thailand Fiber Cement Market, By End Use 2019-2033 (USD Million)
13.1. Thailand Fiber Cement Market Size and Market Share by End Use (2019-2026)
13.2. Thailand Fiber Cement Market Size and Market Share by End Use (2027-2033)
14. Thailand Fiber Cement Market, By Region, 2019-2033 (USD Million)
14.1. Thailand Fiber Cement Market Size and Market Share by Region (2019-2026)
14.2. Thailand Fiber Cement Market Size and Market Share by Region (2027-2033)
14.3. Central Region
14.4. Eastern Region
14.5. Northern Region
14.6. Western Region
15. Company Profile
15.1. Adroit Corporation Services
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. FASSCO by Façade Corporation
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Kiternit Fibre Cement Co. LTD
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. SCG Precast Saraburi
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. The Siam Fibre
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
