Thailand Cement Market Overview:
Market Size (2023): USD 3.12 Billion
Market Size (2032): USD 4.22 Billion
CAGR (2023–2032): 4.41%
Top Companies in Thailand Cement Market: Siam Cement Group (SCG), Siam City Cement Public Company Limited (SCCC), TPI Polene Public Company Limited, Birla Carbon (Thailand), Khon Kaen Sugar Industry (KSL), Vanachai Group Public Company Limited, M.C.S. Steel Public Company Limited, Pre-Built Public Company Limited, Civil Engineering Public Company Limited, CAZ (Thailand) Public Company Limited, and Others.
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Thailand Cement Market Upgrades Recent Developments
2025:
- Siam Cement Group (SCG) introduced its “Eco-Innovative Cement,” employing nearly 20% less energy during production marketed as a premium green cement product in ASEAN markets.
- TPI Polene Public Company Limited declared the expansion of its digital cement ordering platform, assimilating AI logistics for faster distribution in eastern Thailand.
Key Growth Drivers of the Thailand Cement Market:
- Driver: Government Schemes Encouraging Infrastructure Expansion to Instigate Market Growth
The Thai government’s constant investment in infrastructure development has evolved as a leading growth driver for the Thailand Cement Market. Also, large-scale initiatives like the high-speed rail connectivity, Eastern Economic Corridor (EEC), and logistics hubs necessitate enormous cement consumption. Moreover, in 2025, civil engineering contracts surpassing THB 300 billion were assigned to regional projects. Further, these initiatives directly impact the production of cement by nation, with Thailand presenting steady output growth yearly.
Thailand Cement Market Segmentation
The market segmentation analysis reveals that the cement market is categorized based on type and end user. By type, the market includes Blended, Portland, and Other varieties, each catering to specific construction needs and performance requirements. Based on end user, the market is segmented into Residential, Commercial, and Infrastructure sectors, with infrastructure projects driving major demand due to rapid urbanization and government investments in public works and smart city development.
By Type
- Blended
- Portland
- Others
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By End User
- Residential
- Commercial
- Infrastructure
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