Market Size of Thailand Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 1.72 % |
| Market Concentration | High |
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Thailand Automotive Engine Oils Market Analysis
The Thailand Automotive Engine Oils Market size is estimated at 276.84 Million Liters in 2024, and is expected to reach 286.45 Million Liters by 2026, growing at a CAGR of 1.72% during the forecast period (2024-2026).
- 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.
