태국의 자동차 윤활유 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Thailand automotive lubricants market size is expected to grow from 373.07 million liters in 2025 to 379.56 million liters in 2026 and is forecast to reach 413.83 million liters by 2031 at 1.74% CAGR over 2026-2031.

This report is Segmented by Product Type (Automotive Engine Oil, Manual Transmission Fluids (MTF), Automatic Transmission Fluids (ATF), Brake Fluids, Automotive Greases, and Other Product Types (Power Steering Fluid and More)), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers). The Market Forecasts are Provided in Terms of Volume (Liters).

Thailand Automotive Lubricants Market Trends and Insights

Expanding Commercial-Vehicle Fleet and Infrastructure Spend

Commercial freight tonnage continues to rise as rail-road projects and warehouse construction progress inside the Eastern Economic Corridor. Fleet operators demand longer-life, fuel-saving lubricants to reduce downtime, leading to bulk-order contracts that lock in product specifications across mixed truck brands. Suppliers offering digital oil analytics garner a competitive advantage because predictive maintenance shortens workshop visits, a clear benefit for high-utilization route trucks. PTT Lubricants recorded a capacity utilization of over 260 million liters in 2025, driven by procurement from hauling companies linked to e-commerce networks. Foreign majors leverage Thailand's free-trade access to backhaul packaged products across mainland ASEAN, creating incremental export volume while stabilizing domestic plant throughput. The trend is projected to preserve a positive lubricant demand baseline even as passenger-vehicle oil volumes plateau.

Rising Shift Toward Synthetic, Low-Viscosity Engine Oils

Tighter Euro 5 equivalent standards and rising pump prices are driving a consumer shift toward SAE 0W-20 and 5W-30 multigrade synthetics, which deliver measurable fuel savings. ExxonMobil targets a 10% annual sales growth in Thailand for Mobil 1, highlighting 15,000 km drain intervals and the benefits of improved engine cleanliness. Shell's solar-powered grease plant exemplifies brand repositioning around sustainability credentials, reinforcing premium price points through environmental messaging. Authorized dealers bundle genuine oil into prepaid maintenance packages to capture aftermarket margins while assuring OEM warranty compliance. Although synthetics command higher shelf prices, the total cost of ownership favors the switch because fewer services offset the upfront expense. This dynamic gradually dilutes the mineral-oil volume share yet raises revenue per liter, supporting value growth within the Thai automotive lubricants market.

Base-Oil Price Volatility and Foreign-Exchange Risk

Imported Group III base oils saw spot premiums widen in early 2025 after upstream refinery outages, squeezing gross margins for small blenders that lack term contracts. A stronger baht lowers import costs, yet currency whiplash complicates selling-price resets, especially in fragmented retail channels that resist frequent list-price changes. Integrated refiners counter swings by swapping cargos internally, whereas non-refining players hedge through futures or pass-through clauses in fleet contracts. Persistent volatility accelerates mergers as scale becomes vital for negotiating supply and absorbing inventory losses, thereby tilting competitive leverage toward major companies.

Other drivers and restraints analyzed in the detailed report include:

1. Growing Motorcycle Population and Ride-Hailing Mileage
2. OEM Extended-Drain Service Packages
3. EV-Subsidy Programs Reducing Long-Term ICE-Oil Demand

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Automotive Engine Oil contributed 57.45% of 2025 volume, underscoring its foundational role inside the Thailand automotive lubricants market size for core maintenance cycles. Motorcycle commuter fleets, passenger cars, and light pickups use multigrade mineral and semi-synthetic blends that accommodate tropical driving temperatures. The Thailand automotive lubricants market share for engine oil is expected to decline slightly as other fluids grow faster, yet absolute volumes remain substantial because the average vehicle age hovers near 11 years, and older models retain short drain intervals. Suppliers refresh portfolios with SP-grade formulations, zinc-phosphorus additives for cam-wear defense, and detergent packages designed for biodiesel blends prevalent in the Thai diesel pool.

Automatic Transmission Fluids posted a leading 2.05% CAGR outlook to 2031 as consumers embrace automatic gearboxes in city traffic. The automatic-scooter boom and rising CVT bikes extend ATF demand beyond passenger cars. Global OEMs jointly engineer proprietary friction modifiers to mitigate shudder and thermal breakdown, prompting Thai assemblers to specify factory-fill series that must be matched at service intervals. Local blenders pursue licensing deals to replicate additive chemistry under OEM code to retain dealership shelf access. Manual Transmission and Brake Fluids keep steady, while specialty steering fluids occupy a niche driven by premium models adding electric-hydraulic assist.

Complete Report Scope:

• By Product Type
  • Automotive Engine Oil
    • 0W-XX
    • 5W-XX
    • 10W-XX
    • 15W-XX
    • Monogrades
    • Other Grades
  • Manual Transmission Fluids (MTF)
  • Automatic Transmission Fluids (ATF)
  • Brake Fluids
  • Automotive Greases
  • Other Product Types (Power Steering Fluid etc.)
• By Vehicle Type
  • Passenger Vehicles
  • Commercial Vehicles
  • Two-Wheelers

List of Companies Covered in this Report:

1. Bangchak Corporation
2. BP P.l.c
3. Chevron Corporation
4. Exxon Mobil Corporation
5. FUCHS
6. Idemitsu Kosan Co. Ltd
7. LIQUI MOLY
8. Motul
9. PETRONAS Lubricants International
10. PTT Lubricants
11. Saudi Arabian Oil Co.
12. Shell plc
13. Siam Pan Group Public Co.Ltd
14. SK Enmove Ltd
15. Thai Oil PLC
16. TotalEnergies

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Expanding commercial-vehicle fleet and infrastructure spend
  • 4.2.2 Rising shift toward synthetic, low-viscosity engine oils
  • 4.2.3 Growing motorcycle population and ride-hailing mileage
  • 4.2.4 OEM extended-drain service packages boosting high-margin oil uptake
  • 4.2.5 Thailand's export-hub strategy for blending and re-export of lubes
• 4.3 Market Restraints
  • 4.3.1 Base-oil price volatility and Foreign Exchange risk
  • 4.3.2 Counterfeit / low-quality domestic brands eroding margins
  • 4.3.3 EV-subsidy programmes reducing long-term ICE-oil demand
• 4.4 Value Chain and Distribution Channel Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Threat of New Entrants
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Bargaining Power of Buyers
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Industry Rivalry
• 4.6 Regulatory Framework
• 4.7 Automotive Industry Trends

5 Market Size and Growth Forecasts (Volume)

• 5.1 By Product Type
  • 5.1.1 Automotive Engine Oil
    • 5.1.1.1 0W-XX
    • 5.1.1.2 5W-XX
    • 5.1.1.3 10W-XX
    • 5.1.1.4 15W-XX
    • 5.1.1.5 Monogrades
    • 5.1.1.6 Other Grades
  • 5.1.2 Manual Transmission Fluids (MTF)
  • 5.1.3 Automatic Transmission Fluids (ATF)
  • 5.1.4 Brake Fluids
  • 5.1.5 Automotive Greases
  • 5.1.6 Other Product Types (Power Steering Fluid etc.)
• 5.2 By Vehicle Type
  • 5.2.1 Passenger Vehicles
  • 5.2.2 Commercial Vehicles
  • 5.2.3 Two-Wheelers

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)**/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Production Capacity, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Bangchak Corporation
  • 6.4.2 BP P.l.c
  • 6.4.3 Chevron Corporation
  • 6.4.4 Exxon Mobil Corporation
  • 6.4.5 FUCHS
  • 6.4.6 Idemitsu Kosan Co. Ltd
  • 6.4.7 LIQUI MOLY
  • 6.4.8 Motul
  • 6.4.9 PETRONAS Lubricants International
  • 6.4.10 PTT Lubricants
  • 6.4.11 Saudi Arabian Oil Co.
  • 6.4.12 Shell plc
  • 6.4.13 Siam Pan Group Public Co.Ltd
  • 6.4.14 SK Enmove Ltd
  • 6.4.15 Thai Oil PLC
  • 6.4.16 TotalEnergies

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment

8 Key Strategic Questions for CEOs