Manufacturing & Industrial

~1.85M vehicle production/yr (ASEAN #1); Toyota, Honda, Isuzu Japanese majors plus BYD, GWM, MG Chinese EV entrants; EV3.5 incentive cycle

USD 85B export platform; Delta (SET: DELTA), Cal-Comp, Hana, SVI, KCE listed stack, WD, Seagate HDD majors

~THB 280B packaging output; SCGP (SCC subsidiary) regional #1, TPBI, BG Container; HS 3923, 4819 export; EPR policy emerging

~USD 15B output; IVL global PET leader; PTTGC, IRPC upstream; bioplastic, EU plastic tax pressure

~USD 8B export; Saha Pathana, Wacoal, Bata, Arrow apparel brands, fabric mills; competitiveness vs Vietnam, Bangladesh, Cambodia

SEA's #2 chemical market ~USD 50-60B; PTTGC, IRPC, IVL, SCG, VNT; Map Ta Phut cluster anchor; cycle, CBAM exposure

Net-importer ~20Mt/yr; Tata Steel, Millcon, G Steel listed; CBAM, anti-dumping, green-steel transition

~USD 12B export; world's #2 colored-stone cutting hub; Pranda, Hua Seng Heng listed; Bangkok, Chanthaburi clusters

~THB 260B ceramic, construction; SCC, TPIPP, SCCC cement oligopoly; DCC, RCI, Cotto tile; American Standard, TOTO sanitaryware; top-5 global tile exporter

~THB 30B; limestone (cement-captive), tin legacy, Akara gold suspended, ASEAN Potash, lithium emerging; Minerals Act 2017

~THB 80B; SCGP regional, Double A; corrugated for export packaging dominant; FSC, EU PPWR pressure

Net-importer ~USD 18B; Siam Kubota agri leader; EEC, BOI 3.5, Industry 4.0 localisation push