THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46695

Wholesale of waste and scrap and materials for recycling

ประกอบกิจการ รับซื้อ ประมูล เศษวัสดุเหลือใช้ตามโรงงาน เช่น เศษเหล็ก พีวีซี พีอี ทองแดง ทองเหลือง อลูมิเนียม ทุกชนิด ทุกประเภท

What this activity covers

Wholesale activities focused on scrap and recyclable materials, including collection and sorting.

  • Scrap Metal Wholesale — Buying and selling scrap metal and non-metallic parts
  • Recyclable Materials Trading — Wholesale of various recyclable materials
  • Collection and Sorting — Collecting and sorting waste for recycling
  • Dismantling Equipment — Dismantling used equipment for usable parts
  • Storage and Transportation — Storing and transporting recyclable materials

What companies here also do

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

  • Electronic Component Recycling — Recycling of electronic components and devices
  • Waste Paper Trading — Trading in used paper materials
  • Plastic Waste Trading — Buying and selling plastic waste
  • Used Goods Trading — Buying and selling various used goods

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.

3,358
active companies operate here
฿25.0Bregistered capital, combined
฿248.7B
Sector revenue · 2025
+7% since 2023
฿46.8M
Net profit · 2025
1,404 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
7%of new registered capital is foreign-held
฿25.0M foreign฿315.9M Thai

Largely domestic, with some foreign investment.

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

New in 2026

135-24.2%

registrations, YTD

Registered capital

฿25.0B+3.6%

since year-end

Largest by registered capital

  1. 1Westec Exponential Co., Ltd.Chon Buri฿1.1B
  2. 2Westec ESG Co., Ltd.Chon Buri฿832.8M
  3. 3Huihang Technology Industry (Thailand) Co., Ltd.Phetchaburi฿531.5M

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.

1,209
Registered
since 2022
1,121
Still active
88
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2012peak 323 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

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