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Thailand’s Die Casting Industry
Macro Economy and Foundry-Related Industries of Thailand
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Southeast Asia is one of the fastest growing and developing regions in the global manufacturing industry. Its main drivers are the demographic dividend and rising consumer power.
In 2017, more than 50.4% (equivalent to 323.62 million people) of the total Asian population of 642.1 million people were employed (2017 data). With an expected production and sales volume of 4.65 million units in 2022, the local automotive industry is predicted to have a promising future. In addition, progress has been accelerated by increased government investment in local infrastructure projects. All these factors have led to extremely high demand for metal parts and complete production lines.
This whitepaper shows general information of Thailand’s macro economy, its industry and workforce and gives further insights in the specific sectors of Aerospace, Automotive and many more.
This whitepaper shows general information of Thailand’s macro economy, its industry and workforce and gives further insights in the specific sectors of Aerospace, Automotive and many more.