TSIC Activity

20291

Manufacture of explosives products

ประกอบกิจการ ผลิตและจำหน่ายพลุ วัสดุและอุปกรณ์ที่เกี่ยวข้องทุกชนิดทุกประเภท

What this activity covers

This activity involves the production of explosives, fireworks, and related products.

  • Gunpowder Production — Manufacture of gunpowder
  • Explosive Products — Manufacture of explosive products
  • Fireworks Manufacturing — Manufacture of fireworks and flares
  • Signal Flares — Manufacture of signal flares
  • Impact Flares — Manufacture of impact flares
  • Match Production — Manufacture of matches

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Sales of Fireworks — Selling fireworks and related materials
  • Explosive-Related Products — Manufacturing explosive-related products

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

18
active companies operate here
฿137.3Mregistered capital, combined
฿972.1M
Sector revenue · 2025
+48% since 2023
฿36.1M
Net profit · 2025
8 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿2.0M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

2+100.0%

registrations, YTD

Registered capital

฿137.3M+0.7%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Xplosives Co., Ltd.฿502.4M
  2. 2TPB Firework Co., Ltd.฿357.8M
  3. 3Pacific Pyro Co., Ltd.฿74.0M
  4. 4GIF Thai Match Co., Ltd.฿27.4M
  5. 5Siam International Firework Co., Ltd.฿4.9M

Largest by registered capital

  1. 1Xplosives Co., Ltd.Bangkok฿90.0M
  2. 2Udon Matchstick Factory Co., Ltd.Udon Thani฿10.0M
  3. 3GIF Thai Match Co., Ltd.Samut Prakan฿6.6M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

3
Registered
since 2022
3
Still active
0
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 1 in 20222026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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