Thailand Advanced Composites Market to 2032
Overview
The Thailand Advanced Composites Market is expected to reach a 321.51 USD Million by 2032 and is projected to grow at a CAGR of 8.84% from 2025 to 2032.
Revenue, 2024 (USD Million)
189.34
Forecast, 2032 (USD Million)
321.51
CAGR, 2024 - 2032
8.84%
Report Coverage
Thailand
Thailand Advanced Composites Market 2018-2032 USD Million
Thailand Advanced Composites Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 189.34 USD Million
- Projected Market Size (2032): 321.51 USD Million
- CAGR (2025-2032): 8.84%
Key Findings of Thailand Advanced Composites Market
- The Thailand Advanced Composites Market was valued at 189.34 USD Million in 2024.
- The Thailand Advanced Composites Market is likely to grow at a CAGR of 8.84% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Advanced Thermosetting in Resin Segment accounted for the largest share of the market with a revenue of 126.18 USD Million
- The fastest growing segment Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) in Manufacturing Process Segment grew Fastest with a CAGR of 10.13% during the forecast period from 2024 to 2032.
Thailand Advanced Composites Market Scope
Thailand Advanced Composites Market Segmentation & Scope
End User
- Healthcare
- Electrical and Electronics
- Civil Engineering
- Others
- Sports Equipment
- Energy and Power
- Automotive
- Aerospace and Defense
Manufacturing Process
- Others
- Injection Molding
- Compression Molding
- Resin Transfer Molding (RTM)
- Pultrusion
- Filament Winding
- Hand Layup/Spray Layup
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)
Type
- Others
- Aramid Fiber Composites
- S-Glass Composites
- Carbon Fiber Composites
Resin
- Advanced Thermoplastic
- Advanced Thermosetting
Thailand Advanced Composites Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 189.34 USD Million |
| Market Value in 2032 | 321.51 USD Million |
| CAGR (2025-2032) | 8.84% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User ,Manufacturing Process,Type,Resin |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 189.34 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 189.34 USD Million in 2024.
Segments and Scope
-
Thailand Advanced Composites Market to 2032, By End User
- Aerospace and Defense is the largest segment in Thailand Advanced Composites Market to 2032 with a revenue of 63.32 USD Million in the year 2024.
- Aerospace and Defense is the Fastest growing segment in Thailand Advanced Composites Market to 2032 with a Growth rate of 9.52 % in forecast period 2025-2032.
-
Thailand Advanced Composites Market to 2032, By Manufacturing Process
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in Thailand Advanced Composites Market to 2032 with a revenue of 51.19 USD Million in the year 2024.
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in Thailand Advanced Composites Market to 2032 with a Growth rate of 10.13 % in forecast period 2025-2032.
-
Thailand Advanced Composites Market to 2032, By Type
- Carbon Fiber Composites is the largest segment in Thailand Advanced Composites Market to 2032 with a revenue of 75.66 USD Million in the year 2024.
- Carbon Fiber Composites is the Fastest growing segment in Thailand Advanced Composites Market to 2032 with a Growth rate of 9.16 % in forecast period 2025-2032.
-
Thailand Advanced Composites Market to 2032, By Resin
- Advanced Thermosetting is the largest segment in Thailand Advanced Composites Market to 2032 with a revenue of 126.18 USD Million in the year 2024.
- Advanced Thermosetting is the Fastest growing segment in Thailand Advanced Composites Market to 2032 with a Growth rate of 9.05 % in forecast period 2025-2032.
Thailand Advanced Composites Market Company Share Analysis
Thailand Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Million
Thailand Advanced Composites Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
Thailand Advanced Composites Market was valued at USD 189.34(Revenue in USD Million) in 2022.
Thailand Advanced Composites Market is projected to grow at a CAGR of 8.84% during the forecast period of 2024 to 2032.
The Advanced Thermosetting segment is expected to dominate the Thailand Advanced Composites Market, holding a largest market share of 126.18 USD Million in 2024
Coming Soon....
Thailand Advanced Composites Market Scope
Thailand Advanced Composites Market Segmentation & Scope
End User
- Healthcare
- Electrical and Electronics
- Civil Engineering
- Others
- Sports Equipment
- Energy and Power
- Automotive
- Aerospace and Defense
Manufacturing Process
- Others
- Injection Molding
- Compression Molding
- Resin Transfer Molding (RTM)
- Pultrusion
- Filament Winding
- Hand Layup/Spray Layup
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)
Type
- Others
- Aramid Fiber Composites
- S-Glass Composites
- Carbon Fiber Composites
Resin
- Advanced Thermoplastic
- Advanced Thermosetting
Frequently Asked Questions
The Thailand Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
Thailand Advanced Composites Market was valued at USD 189.34(Revenue in USD Million) in 2022.
Thailand Advanced Composites Market is projected to grow at a CAGR of 8.84% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Advanced Composites Market for final year is USD 321.51 (USD Million).
Thailand Advanced Composites Market Company Profiling
Frequently Asked Questions
The Thailand Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
Thailand Advanced Composites Market was valued at USD 189.34(Revenue in USD Million) in 2022.
Thailand Advanced Composites Market is projected to grow at a CAGR of 8.84% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Advanced Composites Market for final year is USD 321.51 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.