THAILANDSICThailand Standard Industrial Classification

TSIC Activity

23991

Manufacture of abrasive products

ผลิตหินเจียร หินเพชร ประเภทต่าง ๆ เช่น หินเจียรสำหรับงานโลหะ งานไม้ งานอุตสาหกรรม เซรามิก อัญมณี และวัสดุอื่นๆ

What this activity covers

This activity involves manufacturing grinding and polishing products from natural or artificial stones and soft materials.

  • Grinding stones — Manufacture of millstones and grinding stones
  • Knife sharpening stones — Production of stones specifically for sharpening knives
  • Sandpaper products — Manufacture of sandpaper, rolls, and sheets
  • Polishing products — Production of products used for polishing surfaces

What companies here also do

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

  • Industrial diamond trading — Trading in industrial diamond powder
  • Furniture parts production — Manufacturing parts for furniture
  • Machinery components — Producing components for machinery
  • Sanding cloth — Manufacture of sanding cloth materials

Not included here

  • Production of rough polished stone, such as cutting of stones from quarrying operations, see activity 08101.

Industry at a glance

as of 23 ก.ค. 69

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

43
active companies operate here
฿1.4Bregistered capital, combined
฿1.8B
Sector revenue · 2025
-48% since 2023
฿-5559308
Net profit · 2025
26 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.

2 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

1-50.0%

registrations, YTD

Registered capital

฿1.4B+20.7%

since year-end

Largest by revenue

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

  1. 1Max Kinetic Grinding Technology Co., Ltd.฿408.7M
  2. 2Norita K Co., Ltd. (Thailand)intl฿307.5M
  3. 3Siam Coated Abrasive Co., Ltd.฿236.2M
  4. 4SL Carborundum Co., Ltd. (Thailand)intl฿165.6M
  5. 5JS Mechanic Co., Ltd.฿145.4M

Largest by registered capital

  1. 1Norita K Co., Ltd. (Thailand)intlSaraburi฿460.0M
  2. 2Siam Techno Industry Co., Ltd.Pathum Thani฿300.0M
  3. 3Max Kinetic Grinding Technology Co., Ltd.Chon Buri฿248.8M

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.

10
Registered
since 2022
10
Still active
0
Dissolved
฿1.5M
Median capital
of active

New registrations per year

2022peak 3 in 20242026

Largest active companies by registered capital

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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