TSIC Activity

Wholesale of industrial chemicals

ประกอบกิจการค้า น้ำยาทำความสะอาด อุปกรณ์ทำความสะอาด สารทำละลาย เคมีภัณฑ์ทำความสะอาดเครื่องจักร และอุปกรณ์ที่ใช้ใน โรงงานอุตสาหกรรมทุกชนิด น้ำมันหล่อลื่น จารบี น้ำมันอุตสาหกรรมทุกประเภท ผลิตภัณฑ์หล่อลื

What this activity covers

Wholesale of various industrial chemicals and related products for diverse applications.

Wholesale chemicals — General wholesale of chemical products
Industrial gases — Wholesale of gases like nitrogen and hydrogen
Chemical raw materials — Wholesale of raw materials for industrial use
Chemical equipment — Selling equipment related to chemical production
Specialty chemicals — Wholesale of specific chemicals like inks and dyes
Food-grade chemicals — Wholesale of chemicals used in food production

What companies here also do

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

Retail chemical products — Selling chemicals directly to consumers
Import and export — Trading chemicals across borders
Storage of chemicals — Storing chemical materials for distribution

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

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

4,996

active companies operate here

฿60.4Bregistered capital, combined

฿442.1B

Sector revenue · 2025

-14% since 2023

฿15.9B

Net profit · 2025

2,841 profitable

202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD

41%of new registered capital is foreign-held

฿168.3M foreign฿243.7M Thai

Foreigners are strongly represented in new investment under this activity.

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

New in 2026

93-21.2%

registrations, YTD

Registered capital

฿60.4B+4.4%

since year-end

Largest by revenue

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

Largest by registered capital

1DENKA SCGC ADVANCED MATERIALS COMPANY LIMITEDRayong฿7.2B
2Thai Paraxylene Co., Ltd.Chon Buri฿2.6B
3Loxley Co., Ltd. Public Company LimitedBangkok฿2.3B

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.

725

Registered

since 2022

676

Still active

Dissolved

฿1.0M

Median capital

of active

New registrations per year

2002peak 190 in 20232026

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

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand