Thailand Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

Thailand's Engine Oil Market Report is Segmented by Vehicle Type (commercial Vehicles, Motorcycles, Passenger Vehicles) and By-Product Grade.

Thailand Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

Thailand Automotive Engine Oils Market Size

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Thailand Automotive Engine Oils Market - Market Summary
Study Period 2019 - 2030
Market Volume (2025) 281.60 Million Liters
Market Volume (2030) 306.67 Million Liters
CAGR 1.72 %
Fastest Growing Market Commercial Vehicles
Largest Market Passenger Vehicles
Market Concentration High

Major Players

Thailand Automotive Engine Oils Market - Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Thailand Automotive Engine Oils Market with other markets in Chemicals & Materials Industry

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Thailand Automotive Engine Oils Market Analysis

The Thailand Automotive Engine Oils Market size is estimated at 281.60 million liters in 2025, and is expected to reach 306.67 million liters by 2030, at a CAGR of 1.72% during the forecast period (2025-2030).

  • Largest Segment by Vehicle Type - Commercial Vehicles : The average engine oil consumption of commercial vehicles is high. As a result, this sector accounted for the largest share of the overall engine oil consumption.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : The recovery of car production and sales in Thailand from 2021 is expected to be at a faster rate, boosting the growth rate of engine oil consumption in the near future.

Thailand Automotive Engine Oils Industry Overview

The Thailand Automotive Engine Oils Market is moderately consolidated, with the top five companies occupying 56.88%. The major players in this market are Bangchak Corporation, CHEVRON CORPORATION, ExxonMobil Corporation, PTT Lubricants and Royal Dutch Shell Plc (sorted alphabetically).

Thailand Automotive Engine Oils Market Leaders

  1. Bangchak Corporation

  2. CHEVRON CORPORATION

  3. ExxonMobil Corporation

  4. PTT Lubricants

  5. Royal Dutch Shell Plc

  6. *Disclaimer: Major Players sorted in no particular order
Thailand Automotive Engine Oils Market - Market Concentration
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Thailand Automotive Engine Oils Market News

  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
  • September 2021: ExxonMobil Asia Pacific Pte Ltd established the MobilSM Fleet Care (MFC) program for its lubricant clients, which provides fleet owners and operators with a holistic picture of their fleet's operating performance.
  • June 2021: Shell and Ezyhaul (a digital road freight platform) were working closely to transform Thailand's freight market further. The partnership is expected to provide Thai business owners with immediate access to Shell and Ezyhaul offerings and prospects to expand their operations.

Thailand Automotive Engine Oils Market Report - Table of Contents

1. Executive Summary & Key Findings

2. Introduction

  • 2.1 Study Assumptions & Market Definition
  • 2.2 Scope of the Study
  • 2.3 Research Methodology

3. Key Industry Trends

  • 3.1 Automotive Industry Trends
  • 3.2 Regulatory Framework
  • 3.3 Value Chain & Distribution Channel Analysis

4. Market Segmentation

  • 4.1 By Vehicle Type
    • 4.1.1 Commercial Vehicles
    • 4.1.2 Motorcycles
    • 4.1.3 Passenger Vehicles
  • 4.2 By Product Grade

5. Competitive Landscape

  • 5.1 Key Strategic Moves
  • 5.2 Market Share Analysis
  • 5.3 Company Profiles
    • 5.3.1 Bangchak Corporation
    • 5.3.2 BP PLC (Castrol)
    • 5.3.3 CHEVRON CORPORATION
    • 5.3.4 ExxonMobil Corporation
    • 5.3.5 LIQUI MOLY
    • 5.3.6 PTG Energy Public Company Limited
    • 5.3.7 PTT Lubricants
    • 5.3.8 Royal Dutch Shell Plc
    • 5.3.9 Siam Pan Group Public Co. Ltd
    • 5.3.10 Thai Petroleum & Trading Co. Ltd
  • *List Not Exhaustive

6. Appendix

  • 6.1 Appendix-1 References
  • 6.2 Appendix-2 List of Tables & Figures

7. Key Strategic Questions for Lubricants CEOs

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Thailand Automotive Engine Oils Industry Segmentation

The Thailand Automotive Engine Oil is segmented by vehicle type. By vehicle type, the market is segmented into commercial vehicles, motorcycles, passenger vehicles) and by-product grade.

By Vehicle Type Commercial Vehicles
Motorcycles
Passenger Vehicles
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Thailand Automotive Engine Oils Market Research FAQs

How big is the Thailand Automotive Engine Oils Market?

The Thailand Automotive Engine Oils Market size is expected to reach 281.60 million Liters in 2025 and grow at a CAGR of 1.72% to reach 306.67 million Liters by 2030.

What is the current Thailand Automotive Engine Oils Market size?

In 2025, the Thailand Automotive Engine Oils Market size is expected to reach 281.60 million Liters.

Who are the key players in Thailand Automotive Engine Oils Market?

Bangchak Corporation, CHEVRON CORPORATION, ExxonMobil Corporation, PTT Lubricants and Royal Dutch Shell Plc are the major companies operating in the Thailand Automotive Engine Oils Market.

Which is the fastest growing region in Thailand Automotive Engine Oils Market?

Commercial Vehicles is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Thailand Automotive Engine Oils Market?

In 2025, the Passenger Vehicles accounts for the largest market share in Thailand Automotive Engine Oils Market.

What years does this Thailand Automotive Engine Oils Market cover, and what was the market size in 2024?

In 2024, the Thailand Automotive Engine Oils Market size was estimated at 276.76 million Liters. The report covers the Thailand Automotive Engine Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Thailand Automotive Engine Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Thailand Engine Oil Industry Report

Statistics for the 2025 Thailand Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thailand Automotive Engine Oils analysis includes a market forecast outlook for 2025 to 2030) and historical overview. Get a sample of this industry analysis as a free report PDF download.