Deep Cultural Understanding
We help you connect with Thailand's diverse cultures by navigating local habits, values, and unspoken norms. This ensures your strategy aligns with local expectations, building trust and fostering sustainable results.
Thailand Industrial Materials Consulting
With decades of experience in Thailand’s industrial materials sector, we provide expert consulting to help your business thrive. Our hands-on support and global reach empower clients to navigate and excel in Thailand's competitive market. Discover tailored strategies and insights for success.
Thailand Macroeconomic Overview
Thailand’s industrial materials sector, represented by mining and processing of industrial minerals like feldspar and gypsum, contributes significantly to the broader manufacturing landscape. In 2024, Thailand produced approximately 1.9 million metric tons of feldspar—exporting nearly half—while the mining and quarrying sector accounted for 1.6% of GDP and the wider manufacturing sector comprised about 24% of GDP.
Industrial production trends reflect modest fluctuations. In 2025, Thailand’s industrial GDP is estimated to have expanded by around 0.5% year‑on‑year, while the Manufacturing Production Index declined by roughly 0.75%. In contrast, within the chemical sector—integral to industrial materials—the Manufacturing Production Index in Q3 2025 rose to 102.33, with export value at about USD 2.68 billion.
The metals segment, especially basic iron and steel, showed stronger gains. In 2025, basic iron and steel expanded by 6.87% year‑on‑year, outperforming the broader MPI, which declined by 0.78%. Meanwhile, petrochemical product consumption grew by 4.6%, and flat steel domestic production increased by 16.7% in the first nine months of 2025.
Flat steel domestic production in Thailand increased by
16.7%
Source: U.S. Geological Survey
Our Industrial Materials Expertise in Thailand
Thailand's industrial materials sector is booming, with robust growth in electronics, automotive, petrochemicals, and textiles. Sectors like glass, ceramics, cement, and steel are pivotal. Our consulting services ensure companies navigate these complex fields effectively, empowering them to harness opportunities in biotechnology, aerospace, energy, and more for sustained growth.
Emerging trends such as digital transformation, sustainability, and advanced manufacturing are reshaping Thailand's industrial landscape. As these sectors embrace smart factories and eco-friendly practices, our consulting expertise provides crucial insights and strategies tailored to each unique sector from mining to construction, paper, and packaging.
Our industrial materials consulting supports decision-makers in implementing innovative solutions, enhancing competitiveness across sectors like pharmaceuticals, plastics, and logistics. By leveraging our industry knowledge, clients achieve strategic alignment, optimize operations, and secure market leadership in Thailand's dynamic industrial environment.
Our Proven Local Know How
Data-Driven Market Intelligence
Our actionable intelligence, powered by real-time market monitoring and insights from your ecosystem, enables you to make informed decisions, seize emerging opportunities, and mitigate risks in Thailand's dynamic markets.
Authentic Local Insights
Through direct engagement with key stakeholders, we provide you with nuanced perspectives that reveal the “why” behind market behaviors, helping you design tailored solutions that drive meaningful results.
Turn Industrial Materials Insight into Stronger Decisions in Thailand
Validate opportunities, manage risk, and allocate capital with greater confidence through current market evidence and practical strategic advice.
How We Help
Our company has successfully supported various Industrial Materials projects by providing market research, competitive analysis, and strategic guidance to help businesses succeed.
Market Research
We offers comprehensive Industrial Materials market research, delivering valuable insights and actionable recommendations in Thailand to enable businesses to make well-informed decisions and achieve long-term success in the industry.
Strategic Planning
We offers comprehensive Industrial Materials Strategic Planning services in Thailand, providing tailored frameworks and actionable strategies to help businesses achieve their goals and sustain growth in a competitive environment.
Market Entry
We delivers expert Industrial Materials Market Entry Strategy solutions in Thailand, offering valuable insights and effective approaches that empower businesses to successfully penetrate new markets and secure a competitive edge.
Mergers and Acquisitions
We provides in-depth Industrial Materials Merger and Acquisitions advisory in Thailand, guiding businesses with expert recommendations to navigate complex transactions, unlock synergies, and maximize shareholder value.
Value Chain Analysis
We specializes in Industrial Materials Value Chain Analysis in Thailand, delivering actionable insights that optimize operational efficiency, enhance profitability, and drive strategic decision-making for businesses across industries.
Competitive Benchmarking
We offers thorough Industrial Materials Competitive Benchmarking services in Thailand, helping businesses identify key performance gaps, uncover market opportunities, and build stronger competitive strategies.
Distribution & Strategic Partnership
We delivers expert Industrial Materials Distribution and Strategic Partnership solutions in Thailand, enabling businesses to establish effective networks, foster collaborative relationships, and achieve long-term market success.
Consumer Behavior Analysis
We provides advanced Industrial Materials Consumer Behavior Analysis services in Thailand, offering actionable insights into consumer preferences and trends to help businesses refine their strategies and enhance customer satisfaction.
Our Experts
Establish industry dominance with our experts and partners
Damien Duhamel
Managing Partner
Market Research, Strategy & Market Expansion
Mickael Feige
Partner
Market Research, Market Entry & Growth Strategy
Yanika Assavaboonsathien
Director
Strategy Development, Operating Model Transformation & Organisational Performance
Julatis Phumchan
Senior Consultant
Strategic Planning, Market Analysis & Project Management
Damien Duhamel
Managing Partner
Market Research, Strategy & Market Expansion
Mickael Feige
Partner
Market Research, Market Entry & Growth Strategy
Yanika Assavaboonsathien
Director
Strategy Development, Operating Model Transformation & Organisational Performance
Julatis Phumchan
Senior Consultant
Strategic Planning, Market Analysis & Project Management
Our Presence in Media & Events
SOUTH CHINA MORNING POST
South China Morning Post featured Damien Duhamel, Managing Partner at Eurogroup Consulting, sharing his perspective on how Chinese EV competition could reshape Malaysia's automotive industry and the wider regional market.
TRANSPORT LOGISTIC SEA 2025
At Transport Logistic Southeast Asia 2025, Mickael Feige, Partner at Eurogroup Consulting, moderated a fireside chat on building seamless, smart and sustainable supply chains for the new global economy.
BUSINESS INSIDER
Damien Duhamel shared his perspective with Business Insider on the factors shaping innovation across Asia's leading cities, from human talent and technology to governance and global integration.
Our Publications
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Senior Living in Thailand
Thailand’s ageing transition is creating a real but selective senior living opportunity. The paper examines investable demand, scalable business models and the constraints still limiting market growth.
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Rising Tides in the East
Southeast Asia is emerging as a key advanced manufacturing hub. The white paper examines the capabilities, technologies and opportunities reshaping the region’s industrial landscape.
Download Whitepaper
Future Asean Sustainable Cities
Southeast Asia’s cities are transforming through rapid urbanisation and sustainability. It explores the trends shaping greener, more resilient and inclusive urban development.
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The New Asean Consumer
ASEAN’s consumer landscape is evolving with rising incomes, digitalisation and changing expectations. The report highlights the trends reshaping how businesses engage and grow across the region.
Case Studies
Supply Chain Optimization for Industrial Materials
Thai manufacturing conglomerate — operations in five regions
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Challenge
The client faced inefficiencies in their supply chain, impacting cost and delivery times in multiple regions. They needed to streamline processes and improve logistics to remain competitive in the Thai market. Rising costs and inconsistent delivery were affecting client satisfaction.
Our Intervention
Our team conducted a comprehensive review of the existing supply chain network, analyzing logistics, procurement, and inventory management practices. We identified key bottlenecks and inefficiencies, using data analytics to inform strategic decisions. Detailed recommendations were provided to enhance supply chain resilience and reduce lead times.
Key Recommendations
We advised on the implementation of an automated inventory system and strategic supplier partnerships to enhance flexibility. Optimizing transportation routes and consolidating suppliers were proposed to reduce overhead costs. A risk management framework was recommended to anticipate and mitigate future disruptions effectively.
Projected Business Impact
Delivery efficiency improved by 20% within the first year, cutting logistics costs by 15%. The new supplier partnerships enhanced supply chain responsiveness, contributing to increased client satisfaction. Illustrative savings in this sector typically fall within the range of 10-20% of the total logistics budget.
Lean Manufacturing Strategy Implementation in Chemical Production
Regional chemical manufacturer — annual turnover of ฿5bn
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Challenge
The manufacturer struggled with high production wastage and inefficiencies affecting their profitability metrics. Lean manufacturing principles were not effectively integrated across operations, resulting in excess costs. Market pressures necessitated a transformation to maintain competitive edge.
Our Intervention
We carried out an operational audit to assess current production practices, identifying critical areas for waste reduction. Training workshops on lean methodologies were conducted to upskill employees and foster a culture of continuous improvement. Process optimization tools were employed to streamline workflows and minimize waste.
Key Recommendations
A phased approach to implementing lean strategies was recommended, focusing on quick wins in the first phase to demonstrate value. Setting up a continuous improvement team was advised to spearhead long-term efficiency initiatives. Regular progress reviews were suggested to maintain momentum and achieve sustained results.
Projected Business Impact
Waste reduction reached 30% within six months, with operational costs lowered by ฿200 million annually. Production times were improved by an average of 15%, which is typical for similar initiatives. Enhanced employee engagement contributed to ongoing efficiency and innovation gains.
Energy Efficiency Consulting for Large-Scale Steel Plant
Leading steel producer — energy expenses exceeding ฿1bn annually
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Challenge
The client required a strategy to reduce their energy consumption, which was significant due to the size and scope of their operations. Rising energy costs in Thailand were putting pressure on their overall profit margins. They lacked a comprehensive plan to optimize energy use effectively.
Our Intervention
Our experts conducted an in-depth energy audit, assessing all aspects of energy consumption across the plant’s operations. Advanced analytics were used to identify areas with the greatest potential for efficiency improvements. Customized solutions were created to enhance energy use and integrate more sustainable practices.
Key Recommendations
We recommended installing energy-efficient equipment and optimizing operational schedules to align with off-peak energy periods. Implementing a real-time monitoring system was advised to track and manage energy consumption continuously. Further development of renewable energy sources was suggested to achieve long-term sustainability goals.
Projected Business Impact
Energy consumption was reduced by 25%, leading to annual savings of over ฿250 million. Equipment upgrades and operational adjustments contributed to this reduction, with typical outcomes ranging from 15-30% depending on industry specifics. Enhanced sustainability measures also improved the company’s market positioning.
Our Clients
Trusted by clients for long-term collaboration. Selected organizations our teams have supported globally and across Thailand.
Frequently Asked Questions
What does a market study in Thailand involve? +
A market study in Thailand for industrial materials involves demand analysis, client segmentation, and regulatory review. It assesses market size, identifies potential clients, and examines legal and regulatory aspects to provide a comprehensive understanding of the market landscape.
Why conduct a feasibility study before entering Thailand? +
Conducting a feasibility study is crucial for entering the Thai industrial materials market as it evaluates potential risks and returns. This includes demand projections, cost analysis, and legal compliance assessment, helping businesses make informed decisions about market entry and investment.
How is market size assessed in Thailand? +
To assess market size in Thailand, we utilize industry reports, field interviews, and trend analysis. By examining historical data and current market trends, we estimate the potential demand and supply dynamics, giving a clear picture of the market opportunities and competitive landscape.
How is a competitive analysis conducted in Thailand? +
Competitive analysis in Thailand involves competitor benchmarking and market share analysis. We identify key competitors, assess their strengths and weaknesses, and analyze their strategies. This helps in understanding competitive positioning and finding opportunities to gain an edge in the market.
What methods are used for benchmarking in Thailand? +
Benchmarking in Thailand for industrial materials consulting includes process analysis, key performance indicators assessment, and best practices comparison. By examining industry standards and successful business models, we provide insights to enhance operational efficiency and strategic planning.
CONTACT US
Speak to advisors that have experience in the Thailand Industrial Materials market
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