Thailand Lubricants Market – Size, Share, Covid-19 Impact & Forecasts Up to 2026: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Is Lubricant Market Positioned in Thailand Thailand Lubricant market sales has grown over the period 2016-2021, supported by the increase in Average Price for Lubricants Per Liter in the country. Players in Thailand Lubricant Market are primarily engaged in marketing and distribution of petroleum products to end users’ customers, provide storage facilities, and other allied services. Many Market Players have Retail Station Dealerships to deliver long-term value to their retailers and other stakeholders. A wide network of OEM workshops, dealers and distributors, supermarkets and online stores used to sell the lubricants to the end users with varied margins. The COVID-19 outbreak led to a notable dip in lubricants consumption, where motorcycle lubricant consumption recorded the highest dip. COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry. The competition was observed to be concentrated in Lubricant with PTT Oil and Retail and The Shell company of Thailand contributing the maximum market share. Key competitive parameters include price, USP (Unique Selling Point), product portfolio, customer acquisition and promotional strategies, future plans and major clients. Thailand lubricant Market Overview and Segmentation Thailand Lubricant Market has been experienced growth with 2.1% CAGR (2016-2021) The boosting economy of Thailand has been supported by the growth of revenues generated by manufacturers offering lubricant oils to various customers across automotive and industrial sectors. Market Segmentation of Thailand Lubricant Market By Type: The boost in the sales of automobiles in the country has significantly led to an increase in the consumption of automotive lubricants over industrial lubricants. The increased sales were also supported by the continuous improvement in the refining. By Grade: The Thailand Lubricant Market is dominated by Mineral as people in Thailand prefer using Mineral over other grade of lubricants. Thailand Industrial Lubricant Market Overview and Segmentation Market Overview: The harsh condition of handling equipment in both industries has triggered the demand for lubricants by the operators. Thailand’s manufacturing output for 2021 has seen a significant growth from 2020. Lubricants have important application in manufacturing sector as it ensures durability and efficiency of machines. To learn more about this report download a Free Sample Report Market Segmentation of Industrial Lubricant Market By Type: Hydraulic Fluid dominated the industrial lubricants market share followed by Grease, with second largest share. Hydraulic oils differ from conventional lubricants for their characteristics which include rust and corrosion inhibition, filterability, oxidation and hydrolytic stability and anti-wear performance. By End Use: Construction accounted for majority of share in this segment as major end user for industrial lubricants followed by General Manufacturing. The harsh condition of handling equipment in both industries has triggered the demand for lubricants by the operators. By Distribution: Dealer network dominated the market share in comparison to Direct Sales. Most of the lubricants consumed by the Thailand industrial sector have been supplied by a widespread network of authorized and local distributors across various regions of the country. Thailand Automotive Lubricant Market Overview and Segmentation Market Overview: An increase in the sales of commercial vehicles in the country has largely contributed to the growth in overall lubricant consumption. The increasing number of ships and boats being visiting the country has thus led to the growth in consumption of automotive lubricant recently. Market Segmentation of Automotive Lubricant Market By Type: Heavy Duty Engine Oil dominated the industrial lubricants market in this segment as the major type of lubricants followed by Passenger Vehicle Motor Oil. Heavy Duty lubricants are largely needed by commercial vehicles and light trucks which need to generate enough power as they are largely used in transport and logistics. By End Use: Commercial Vehicles accounted majority of share in this segment as major end user for automotive lubricants followed by Passenger cars. An increase in the sales of commercial vehicles in the country from 2019 to 2021 has largely contributed to the growth in overall lubricant consumption. By Distribution: Service Stations/Local Workshops dominated the market share followed by OEMs with second largest share. Service Stations/Local Workshops dominated the market share followed by OEMs with second largest share. Comparative Landscape in Thailand Lubricant Market The competition in lubricant market was observed to be Concentrated. Top players in the market are PTT Oil and Retail & The Shell Company of Thailand Limited. PTT and Shell are leaders because of their high distribution network, presence of local blending plant and high brand value. All other players such as Chevron, Idemitsu, BP-Castrol, Eneos, Siam-Pan Group and more are niche players focusing on small segment in the market. Bangchak and BP-Castrol are visionaries in the market as they have potential to become challengers in future. There are no challengers in the market as market players except PTT and Shell Thailand have comparatively low share. Thailand Lubricant Market Outlook and Projections The health Tech market is projected to grow at single digit CAGR (2021-2026F). Factors such Growing population, developing infrastructure, rising disposable incomes, growing middle class, and growing prevalence of chronic diseases are major factors for growth in the region. The Eastern Economic Corridor development plan for the oleochemical industry is also prominent growth driver and will drive the Thailand Lubricant Market in the near future. Time Period Captured in the Report: Historical Period: 2016-2021 Forecast Period: 2021-2026F Companies Covered: PTT Oil and Retail The Shell Company of Thailand Bangchak Corporation BP-Castrol (Thailand) Esso (Thailand) Idemitsu Lubricants (Thailand) Siam Pan Group Chevron Thailand Thai Petroleum &Trading Valvoline Key Topics Covered in the Report Thailand Lubricants Market Overview Ecosystem of Lubricants Market Business Cycle and Genesis of Thailand Lubricants Market Overview Value Chain Analysis for Thailand Lubricants Market SWOT Analysis for Thailand Lubricants Market Porter’s Five Forces Analysis Thailand Lubricants Market Growth Drivers in Thailand Lubricants Market Bottlenecks and Challenges in Thailand Lubricants Market Trends and Developments in Thailand Lubricants Market Government Regulations End User Analysis of Thailand Lubricants Market Covid-19 Impact on Thailand Lubricants Market Competitive Landscape in Thailand Lubricants Market Strengths and Weaknesses of the Major Players in Thailand Industrial Lubricant market Strengths and Weaknesses of the Major Players in Thailand Automotive Lubricant market Cross Comparison of Major Players in Thailand Industrial Lubricant Market Cross Comparison of Major Players in Thailand Automotive Lubricants Market Product Portfolio of Major Players in Thailand Industrial Lubricants Market Product Portfolio of Major Players Thailand Automotive Lubricants Market Detailed Analysis on Thailand Lubricants Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2026F) Detailed Analysis on Thailand Industrial Lubricants Market (Market Segmentation, 2016-2022; Future Market Segmentation, 2022-2026F) Detailed Analysis on Thailand Automotive Lubricants Market (Market Segmentation,2016- 2022; Future Market Segmentation, 2022-2026F) Market Opportunity and Analyst Recommendations For more insights on the market intelligence, refer to the link below: – Thailand Lubricant Market Outlook to 2026: Ken Research Related Reports: Malaysia Automotive Lubricant Market Outlook To 2025 Brazil Lubricants Market Outlook To 2025 Tags: Automotive Lubricant industry Thailand, Challenges in Thailand Lubricants Market, Chevron Thailand Lubricants Market Share, Competitors in Thailand Lubricant Industry, Demand of Lubricant in Thailand, Direct sales of lubricants in Thailand, Emerging Companies in Thailand Lubricant Market, foreign players in Thailand Lubricant Sectors, Idemitsu Thailand Lubricants Market Share, Industrial Lubricants in Thailand, investment in Lubricants Start-Ups in Thailand, Leading Players in Lubricant Market Thailand, Lubricant Dealers in Thailand, Lubricant Industry, Lubricant Manufacturing Companies in Thailand, Lubricant Market, lubricant oil business in Thailand, Lubricant Suppliers Companies in Thailand, Major Players in Lubricant Market in Thailand, PTT Oil and Retail Lubricant Market, Sales volume of lubricant in Thailand, Siam Pan Lubricants Market Revenue, Suppliers of Lubricants in Thailand, Thai Petroleum Thailand Lubricants Market Growth, Thailand Automotive and Industrial Lubricant Providers, Thailand Bangchak Corp Lubricant Market, Thailand BP-Castrol Lubricant Market, Thailand Commercial Vehicles Lubricants Market, Thailand Gear oil Market, Thailand Grease Market, Thailand Heavy duty diesel engine oil Market, Thailand Hydraulic oil Market, Thailand Industrial Lubricant market Players, Thailand industrial lubricants Market, Thailand Lubricant Distribution network, Thailand Lubricant End Users Industry, Thailand Lubricant Industry, Thailand Lubricant Market, Thailand Lubricant Sector, Thailand Motorcycle oil Market, Thailand Passenger vehicle motor oil Market, Thailand Passenger Vehicles Lubricants Market, Thailand Process oil Market, Thailand The Shell Lubricant Market, Top Companies in Lubricant Market, Valvoline Thailand Lubricant Market Share