The import of Petroleum Resins, Polyterpenes, and Polysulphides to Thailand stood at $167 million in 2023. From the forecasted data, values will progressively increase from $172.59 million in 2024 to $192.63 million in 2028. The year-on-year growth rate for 2024-2025 is 3%. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 2.77%.
Future trends to watch for:
- Potential shifts in global oil prices, impacting the cost of petroleum resins.
- Technological advancements enhancing the quality and efficiency of these materials.
- Trade policies and economic conditions influencing import dynamics.