The import of fluoro-polymers to Thailand has shown varied trends over the past decade. From 2013 to 2017, there was a significant fluctuation with a notable spike in 2014 by 39.29%, followed by two years of decline. Following 2017, the market experienced consistent growth, with minor dips such as in 2019 and 2020. The value of fluoro-polymer imports in 2023 stood at 1,194.2 thousand kilograms, reflecting a year-on-year increase of 2.56% from 2022 and maintaining an average CAGR of 2.46% over the past five years. Forecasts indicate a steady growth rate with a 5-year CAGR of 1.94%, with the estimated value reaching 1,346.5 thousand kilograms by 2028, marking a 10.11% overall growth from 2023.
Future trends to watch for:
- Technology advancements and applications of fluoro-polymers in various industries.
- Impact of international trade policies and tariffs on import volumes.
- Environmental regulations influencing production and usage of fluoro-polymers.
- Expansion of alternative materials that could impact demand for fluoro-polymers.
