MarkNtel Advisors has thoughtfully curated the Thailand Fiber Cement Market Research Report, taking into account our client's distinct needs. Our research offers a thorough examination of the present regional and global market conditions. This report on industry analysis extensively encompasses market dynamics, limitations, and their potential consequences on future market requirements, presenting a comprehensive overview of the sector.
What is the projected growth rate of the Thailand Fiber Cement Market during the forecast period?
The Thailand Fiber Cement market is projected to grow at a CAGR of around 4.34% during the forecast period, i.e., 2023-28.
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Government Initiatives Toward Green Solutions - The government of Thailand has been progressively improving its efforts to enhance the sustainability level of the country reducing its carbon footprints necessitated by climate change. Thailand aims to reduce its greenhouse gas emissions by 30% by 2030 compared to the business-as-usual scenario. This includes reforms in areas such as human settlement security, tourism, agriculture, natural resources, health, and water. This is further leading to the emergence of Thailand as a model of green buildings in Asia.
Moreover, technical assistance stakeholder engagement provided by UN Environment plays a crucial role in promoting sustainable energy-efficient buildings that reduce greenhouse gas emissions. Such assistance under the program NAMA (Nationally Appropriate Mitigation Actions) announced for the building sector in Asia is supporting the development of government-led interventions to enrich investment in energy-efficient green buildings. This would further support the demand for fiber cement in Thailand during the forecast period.
Segmentation Analysis of Thailand Fiber Cement Market:
The report has segmented the market into the following categories:
-By Material
-Cellulosic Material
-Portland Cement
-Sand
-By Application
-Cladding
-Roofing
-Siding
-Molding Trimming
-Backer Boards
-Wall Partition
-Others (Counter Tops, Ceiling, etc.)
-By End-User
-Residential
-Non-Residential
-By Fiber Type
-Polypropylene
-PVA
-Lignocellulose
-Carbon
-Others
-By Production Process
-Hatschek Process
-Extrusion Process
-Perlite Process
-By Region
-Central
-Northeast
-North
-South
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Competitive Landscape with Key Player:
-SHERA
-Toray Industries Inc.
-Siam Cement Group
-TPI Polene Plc.
-Mahaphant Fibre-Cement (South Asia) Private Limited
-Sika Group
-Others
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