# Overview of Thailand’s Chemical Industry and Key Suppliers

- Link: https://www.thailand-business-news.com/business/302204-overview-of-thailands-chemical-industry-and-key-suppliers
- Published: 2026-04-27T08:36:00+07:00
- Author: Chloe Zhou

**Thailand has a strong petrochemical industry supporting manufacturing but relies
heavily on chemical imports. Key suppliers like Chandra Asri Group and Aster provide
essential chemicals for various sectors.**

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## Key Points

 * Thailand is a key player in Southeast Asia’s chemical industry, boasting the 
   region’s second-largest petrochemical sector. Despite producing 32 million tons
   of chemicals annually, Thailand’s reliance on imports necessitates strong local
   suppliers to meet domestic needs. The industry supports various sectors, including
   textiles, automotive, and electronics.
 * In 2024, Thailand exported $14.3 billion in chemicals, ranking 31st globally,
   yet imports exceeded exports. The chemical import market grew by 34.15% year-
   on-year. The first quarter of 2025 saw a 7.23% increase in imports, emphasizing
   the essential role of local suppliers in providing high-quality feedstocks.
 * Chandra Asri Group and Aster are notable chemical suppliers, offering a range
   of products like olefins, polyolefins, and styrene monomer. Their expertise supports
   industries such as automotive and packaging, positioning them as leading partners
   for Thailand’s growing chemical market.

### Economic Position and Chemical Industry Overview

Thailand holds a **significant economic position** in Southeast Asia, boasting the**
second-largest petrochemical industry** in the region, which plays a vital role 
in supporting domestic manufacturing. Despite this impressive ranking, the country
remains dependent on **chemical imports** to meet its demand. With an annual production
of **32 million tons of chemicals**, Thailand supplies various downstream products
to sectors such as textiles, packaging, electronics, and automotive. Reports from
the Office of Industrial Economics indicate a **4.60% growth** in the chemical shipment
index in early 2025, bolstered by hydrogen and nitrogen gases, although manufacturing
production experienced a decline of **3.86%**.

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### Role of Chemical Suppliers

The role of reliable chemical suppliers is crucial to sustain Thailand’s industrial
growth. Notably, **Chandra Asri Group** and **Aster** serve as prominent players
in this sector, providing high-quality chemicals essential for various industries.
Their offerings include a range of **olefins**, **polyolefins**, **styrene monomers**,
and **butadiene**, which are vital for producing high-value products such as **automotive
components** and **packaging materials**. The partnership between Chandra Asri Group
and Aster showcases a commitment to meeting the growing chemical demand in Thailand,
thereby reinforcing the country’s industrial framework.

### Import-Export Dynamics

Despite its strong production capabilities, Thailand’s chemical imports outpace 
its exports. In 2024, Thailand exported **$14.3 billion** worth of chemical products,
while imports grew by **34.15%**, reaching **$4.4 billion** in early 2025. This 
trend highlights the increasing reliance on foreign suppliers to fulfill rising 
domestic needs. As the market expands, the relationship between local suppliers 
like Chandra Asri Group and Aster and various industries becomes even more essential
for ensuring a seamless supply of **high-quality feedstocks**. Collaborating with
established suppliers can help domestic companies efficiently navigate the complex
landscape of Thailand’s chemical market, optimizing their production capabilities.

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**Source** : [Overview of Chemical Industry and Supplier in Thailand](https://chandra-asri.com/en/blog/chemical-supplier-in-thailand)