Thailand Oil And Gas Market Size

Statistics for the 2023 & 2024 Thailand Oil And Gas market size, created by Mordor Intelligence™ Industry Reports. Thailand Oil And Gas size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Thailand Oil And Gas Industry

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Thailand Oil And Gas Market Summary
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Study Period 2020 - 2029
Base Year For Estimation 2023
Market Volume (2024) 238.73 Thousand barrels per day
Market Volume (2029) 266.55 Thousand barrels per day
CAGR (2024 - 2029) 2.33 %
Market Concentration Medium

Major Players

Thailand Oil And Gas Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Thailand Oil and Gas Market Analysis

The Thailand Oil And Gas Market size is estimated at 238.73 Thousand barrels per day in 2024, and is expected to reach 266.55 Thousand barrels per day by 2029, growing at a CAGR of 2.33% during the forecast period (2024-2029).

  • Over the medium term, factors such as the increasing natural gas pipeline capacity and the demand for petroleum products are expected to drive the Thailand oil and gas market during the forecast period.
  • On the other hand, the country's new plans to transition towards renewable energy sources might hinder the Thailand oil and gas market.
  • Nevertheless, discovering new oil and gas fields is expected to create several opportunities for the Thailand oil and gas market during the forecast period.

Thailand Oil and Gas Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)