THAILANDSICThailand Standard Industrial Classification

TSIC Activity

38300

Materials recovery

ประกอบกิจการคัดแยกวัสดุที่ไม่ใช้แล้วที่ไม่เป็นของเสียอันตราย บดย่อยสายไฟ สายเคเบิลและเม็ดพลาสติก

What this activity covers

This activity involves processing metal and non-metal scraps for recycling through mechanical or chemical methods.

  • Metal recycling — Processing metal scraps and parts for reuse
  • Plastic recycling — Transforming plastic waste into reusable materials
  • Paper recycling — Recovering paper from waste for reuse
  • Waste sorting — Separating reusable materials from non-hazardous waste
  • Rubber recycling — Reprocessing used rubber, such as tires
  • Electronic waste processing — Disassembling and recycling electronic equipment

What companies here also do

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

  • Battery recycling — Processing used batteries for material recovery
  • Solar panel recycling — Recycling materials from solar panels
  • Industrial waste recycling — Recycling materials from industrial processes

Not included here

  • Manufacture of new products (whether or not manufactured) from recycled raw materials, such as cotton yarn, manufacture of pulp from used paper, retreading of new tyres or manufacture of metal from scrap metal. See the relevant sub-class in division C (Manufacturing).
  • Nuclear fuel reprocessing processes, see subgroup 2011
  • Treatment and disposal of non-hazardous waste, see subgroup 3821.
  • Treatment of organic waste for disposal, see sub-category 3821
  • Production of energy by burning non-hazardous waste using incinerators, see subgroup 3821.
  • Disposal of used goods, such as refrigerators, to eliminate hazardous waste, see subgroup 3822.
  • Treatment and transportation of radioactive waste from hospitals, etc. See sub-group 3822.
  • Treatment and disposal of toxic and contaminated waste, see sub-category 3822.
  • Disassembly of automobiles, computers, televisions and other equipment to recover usable parts for resale. See section G.
  • Wholesale of processed materials, see subclass 4669.

Industry at a glance

as of 23 ก.ค. 69

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

1,152
active companies operate here
฿14.3Bregistered capital, combined
฿52.8B
Sector revenue · 2025
+15% since 2023
฿-573100705
Net profit · 2025
422 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
24%of new registered capital is foreign-held
฿39.0M foreign฿122.8M Thai

Foreigners are actively investing in this activity.

New in 2026

66+10.0%

registrations, YTD

Registered capital

฿14.3B+8.0%

since year-end

Largest by revenue

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

  1. 1Jun Qi Material Technology Co., Ltd.฿5.6B
  2. 2TIRE HENG CO., LTD.฿4.4B
  3. 3Chun Yi International Trading Co., Ltd.฿2.7B
  4. 4E-Rite Metals Co., Ltd.฿2.4B
  5. 5S. Mongkhon Supply Co., Ltd.฿1.9B

Largest by registered capital

  1. 1Jun Qi Material Technology Co., Ltd.Chon Buri฿1.0B
  2. 2DEBUK RECYCLE (THAILAND) CO., LTD.intlPhuket฿720.0M
  3. 3LI KE HONG CO., LTD.Rayong฿700.0M

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.

433
Registered
since 2022
404
Still active
29
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 110 in 20222026

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.

Emerhub

Setting up in Thailand?

Emerhub incorporates companies in Thailand for foreign founders: entity setup, licensing, visas and work permits, accounting. Flat process, no surprises.

Talk to Emerhub Thailand