DRT Forecasts Gradual Recovery in Construction Materials Market in 2025, Driven by Government Investments, Real Estate Development, and Home Renovation Demand
“Diamond Building Products Public Company Limited (DRT) anticipates a gradual recovery in the construction and decoration materials market in 2025. This follows an expected decline of over 10% in the previous year. The market is expected to be supported by government investments in transportation infrastructure, residential development projects by real estate developers, and increasing demand for home renovation and repairs. DRT also expects its performance over the past year to surpass the overall industry trend.”
Mr. Satit Sudbanthad, Chief Executive Officer of Diamond Building Products Public Company Limited (DRT), a manufacturer and distributor of roofing systems, synthetic wood and fiber cement boards, decorative wall panels, lightweight bricks, stairs, SPC flooring and wall panels, modular buildings (Diamond Modular), and roofing structure installation services under the “Diamond” brand, stated that the construction and decoration materials market in 2025 is expected to recover gradually.
This follows an anticipated market contraction of over 10% in the previous year due to economic slowdown. The key factors driving recovery in 2025 include government investments in transportation infrastructure, which will open up areas for real estate development to support urban expansion. Other supporting factors include interest rate reductions, increased real estate project development to meet housing demand – one of the fundamental necessities – continued recovery in the tourism sector driving economic growth, and rising demand for materials for home renovation and repairs.
The company foresees expansion across its four primary sales channels compared to the previous year:
1. Exports to ASEAN markets – Countries such as Cambodia, Vietnam, Myanmar, and the Philippines show strong growth potential, particularly in roofing, boards, and synthetic wood products.
2. Modern trade construction retailers – Continued store expansions this year will enhance accessibility for consumers in district-level markets.
3. Authorized dealers – DRT plans to increase the number of retail partners to achieve wider market coverage nationwide.
4. Real estate developers – Growth in the real estate sector, driven by an increasing number of planned projects, will boost demand for construction materials.
By the end of the previous year, market demand had begun to recover, particularly in December. DRT expects to outperform the overall industry, supported by proactive marketing strategies. The company is driving sales through its Diamond Solutions service, which integrates product offerings with comprehensive customer support. Additionally, DRT continues to develop a diverse range of new products under its “Complete Beauty, Diamond for the Whole House” strategy, ensuring high-quality, accessible solutions that meet customer needs.