The import of amino-resins, phenolic resins, and polyurethanes to Thailand is projected to increase steadily from 2024 to 2028, with values rising from 488.51 million USD in 2024 to 545.36 million USD in 2028. In 2023, the import value stood at approximately 474.16 million USD. The year-on-year growth rate over the last two years reveals a consistent upward trend: 3.03% from 2023 to 2024 and 3.00% from 2024 to 2025. The Compound Annual Growth Rate (CAGR) over the five-year period is estimated at 4.00%.
Future trends to watch for include potential impacts from global raw material price fluctuations, advancements in polymer technology, and shifts in demand from key industries such as automotive, construction, and electronics that heavily utilize these resins. Additionally, monitoring trade policies and environmental regulations will be crucial as they could influence import dynamics.
