In 2023, the import volume of alkyd resins to Thailand stood at 1.545 million kilograms. Forecasts indicate a gradual year-on-year decrease, with expected volumes at 1.5256 million kilograms in 2024, going down to 1.4443 million kilograms by 2028. The annual variations reflect a slight yet consistent decline of approximately 1-2% per year. Calculating the Compound Annual Growth Rate (CAGR) over these five years shows an average annual decrease of around 1.35%.
Future trends to watch for include potential shifts in environmental regulations, advancements in resin technologies, and changes in domestic production capabilities. Emerging market demands and the adoption of sustainable materials could also play pivotal roles in shaping future import volumes.
