Thailand Industrial Ethanol Market to 2032

Overview

The Thailand Industrial Ethanol Market is expected to reach a 1,242.53 USD Million by 2032 and is projected to grow at a CAGR of 8.29% from 2025 to 2032.

Revenue, 2024 (USD Million)
756.13
Forecast, 2032 (USD Million)
1,242.53
CAGR, 2024 - 2032
8.29%
Report Coverage
Thailand

Thailand Industrial Ethanol Market 2018-2032 USD Million

Thailand Industrial Ethanol Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 756.13 USD Million
  • Projected Market Size (2032): 1,242.53 USD Million
  • CAGR (2025-2032): 8.29%

Key Findings of Thailand Industrial Ethanol Market

  • The Thailand Industrial Ethanol Market was valued at 756.13 USD Million in 2024.
  • The Thailand Industrial Ethanol Market is likely to grow at a CAGR of 8.29% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Absolute Industrial Ethanol in Type Segment accounted for the largest share of the market with a revenue of 525.25 USD Million
  • The fastest growing segment Paints and Coatings in Application Segment grew Fastest with a CAGR of 10.33% during the forecast period from 2024 to 2032.

Thailand Industrial Ethanol Market Scope

Thailand Industrial Ethanol Market Segmentation & Scope
Application
  • Adhesives
  • Cosmetics and Personal Care
  • Household and Industrial Cleaning Solutions
  • Others
  • Agricultural
  • Printing Ink
  • Food & Beverages
  • Pharmaceutical
  • Paints and Coatings
Raw Material
  • Synthetic
  • Bio-Based
Type
  • Others
  • Denatured Industrial Ethanol
  • Industrial Ethanol 95%
  • Absolute Industrial Ethanol

Thailand Industrial Ethanol Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 756.13 USD Million
Market Value in 2032 1,242.53 USD Million
CAGR (2025-2032) 8.29%
Historic Data 2016-2023
Market Segments Covered Application,Raw Material,Type

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 756.13 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 756.13 USD Million in 2024.

Segments and Scope

  • Thailand Industrial Ethanol Market to 2032, By Application
    • Paints and Coatings is the largest segment in Thailand Industrial Ethanol Market to 2032 with a revenue of 211.93 USD Million in the year 2024.
    • Paints and Coatings is the Fastest growing segment in Thailand Industrial Ethanol Market to 2032 with a Growth rate of 10.33 % in forecast period 2025-2032.
  • Thailand Industrial Ethanol Market to 2032, By Raw Material
    • Bio-Based is the largest segment in Thailand Industrial Ethanol Market to 2032 with a revenue of 516.40 USD Million in the year 2024.
    • Bio-Based is the Fastest growing segment in Thailand Industrial Ethanol Market to 2032 with a Growth rate of 8.99 % in forecast period 2025-2032.
  • Thailand Industrial Ethanol Market to 2032, By Type
    • Absolute Industrial Ethanol is the largest segment in Thailand Industrial Ethanol Market to 2032 with a revenue of 525.25 USD Million in the year 2024.
    • Absolute Industrial Ethanol is the Fastest growing segment in Thailand Industrial Ethanol Market to 2032 with a Growth rate of 8.52 % in forecast period 2025-2032.

Thailand Industrial Ethanol Market Company Share Analysis

 
Company Name Company Share Analysis
LyondellBasell Industries Holdings B.V.
BASF SE
Calgren Renewable Fuels
Cargill, Incorporated
ADM
Thailand Industrial Ethanol Market Company Share Analysis

Thailand Industrial Ethanol Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Industrial Ethanol Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Industrial Ethanol Market Company Profiling

Thailand Industrial Ethanol Market Company Profiling
Frequently Asked Questions
The Thailand Industrial Ethanol Market is segmented based on Segmentation Application,Raw Material,Type.
Thailand Industrial Ethanol Market was valued at USD 756.13(Revenue in USD Million) in 2022.
Thailand Industrial Ethanol Market is projected to grow at a CAGR of 8.29% during the forecast period of 2024 to 2032.
The Absolute Industrial Ethanol segment is expected to dominate the Thailand Industrial Ethanol Market, holding a largest market share of 525.25 USD Million in 2024

Thailand Industrial Ethanol Market Scope

Thailand Industrial Ethanol Market Segmentation & Scope
Application
  • Adhesives
  • Cosmetics and Personal Care
  • Household and Industrial Cleaning Solutions
  • Others
  • Agricultural
  • Printing Ink
  • Food & Beverages
  • Pharmaceutical
  • Paints and Coatings
Raw Material
  • Synthetic
  • Bio-Based
Type
  • Others
  • Denatured Industrial Ethanol
  • Industrial Ethanol 95%
  • Absolute Industrial Ethanol
Frequently Asked Questions
The Thailand Industrial Ethanol Market is segmented based on Segmentation Application,Raw Material,Type.
Thailand Industrial Ethanol Market was valued at USD 756.13(Revenue in USD Million) in 2022.
Thailand Industrial Ethanol Market is projected to grow at a CAGR of 8.29% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Industrial Ethanol Market for final year is USD 1,242.53 (USD Million).

Thailand Industrial Ethanol Market Company Profiling

Thailand Industrial Ethanol Market Company Profiling
Frequently Asked Questions
The Thailand Industrial Ethanol Market is segmented based on Segmentation Application,Raw Material,Type.
Thailand Industrial Ethanol Market was valued at USD 756.13(Revenue in USD Million) in 2022.
Thailand Industrial Ethanol Market is projected to grow at a CAGR of 8.29% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Industrial Ethanol Market for final year is USD 1,242.53 (USD Million).

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