Thai has established considerable progress in the industry. The country particularly has one of the most well-developed petrochemical industries in Asia, accounting for approximately 5% of its GDP. The growth is also driven by the increasing demand for diversified intermediate and downstream petrochemical products.
Meanwhile for energy industry, the country is focusing on reducing dependence on natural gas to develop energy security by giving way to alternative sources. Under the new PDP 2018-2037, power production capacity in Thailand will reach 77,211 MW in 2037 and renewable energy projects are planned to account for 37% of the total capacity.
Chemical and energy advisory services at Market Research Thailand deals with various areas such as petrochem and agrochemicals, chemical 4.0, as well as sustainability and circular economy. Our professional consultants will guide you to face the market challenges and build the best strategy to enter the Thai market.