Thailand Automotive Lubricants Market Size and Share

Thailand Automotive Lubricants Market (2025 - 2030)
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Thailand Automotive Lubricants Market Analysis by Mordor Intelligence

The Thailand Automotive Lubricants Market size is estimated at 373.07 million liters in 2025, and is expected to reach 409.49 million liters by 2030, at a CAGR of 1.88% during the forecast period (2025-2030). Healthy demand stems from Thailand’s role as Southeast Asia’s leading vehicle production center, the government’s 30@30 zero-emission vehicle target, and the continued dominance of two-wheelers, which together keep lubricant consumption resilient despite pressures from electrification. Switching to synthetic low-viscosity oils, logistics fleet expansion, and rigorous enforcement against counterfeit products are pivotal forces shaping competition. Major suppliers differentiate through OEM-approved formulations, solar-powered manufacturing, and extended-drain technologies that lower the total cost of ownership for fleets. Margin management remains critical as base-oil price swings and foreign-exchange shifts add raw-material risk, prompting smaller blenders to adopt consolidation or partnership strategies to secure scale.

Key Report Takeaways

  • By product type, automotive engine oil accounted for 58.12% of the market share in 2024; however, the demand for automatic transmission fluids (ATF) is expected to rise at the fastest CAGR of 2.12% during the forecast period (2025-2030).
  • By vehicle type, passenger vehicles held the largest share of the market at 53.15% in 2024. However, the lubricant demand for commercial vehicles is expected to grow at a CAGR of 2.25% during the forecast period (2025-2030).

Segment Analysis

By Product Type: Engine-Oil Leadership Sustains, ATF Outpaces

Automotive Engine Oil contributed 58.12% of 2024 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 2.12% CAGR outlook to 2030 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.

Thailand Automotive Lubricants Market: Market Share by Product Type
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By Vehicle Type: Passenger Car Dominance, Commercial Fleet Momentum

Passenger Vehicles captured 53.15% of 2024 demand, mirroring Thailand’s mature car parc and active used-car trade that drives steady oil changes through independent service outlets. The segment’s Thailand automotive lubricants market size has gradually shifted from mineral 15W-40 toward 0W-20 synthetic, widening unit margins even as liters decline per service. Dealer-backed extended-drain packages and warranty-tied lubricants foster brand loyalty in newer cars, while older vehicles remain price-sensitive, providing independent garages with room to promote private-label blends. Two-wheelers remain volume stalwarts; however, high-mileage ride-hailing bikes intensify per-unit consumption, with several courier fleets adopting branded high-temperature formulations to mitigate the thermal stress caused by frequent stop-starts.

Commercial Vehicles are set to expand at a 2.25% CAGR through 2030, the fastest rate among vehicle classes. Freight modernization and the development of East-West economic corridors require longer-haul trucks to run higher average daily kilometers, compelling fleet owners to prioritize extended drain and fuel-efficient oils. The Thailand automotive lubricants market share of commercial vehicles therefore rises gradually, supported by engine-oil viscosity migration to CK-4 10W-30 that balances fuel savings with wear control. Bus operators in Bangkok’s clean-air program embrace low-ash formulations compatible with particulate filters, another area where suppliers with API FA-4 approvals can differentiate. This vehicle-mix transition underscores momentum toward performance-centric lubricants destined for heavy-duty cycles.

Thailand Automotive Lubricants Market: Market Share by Vehicle Type
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Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

Bangkok’s metropolitan cluster accounts for more than one-third of the national lubricant turnover, driven by dense passenger-car ownership, an 8-million-strong motorcycle parc, and a hub-and-spoke freight network that feeds ecommerce warehouses. Dealers in the capital actively upsell synthetics, reflecting higher disposable income and traffic congestion that favors automatic gearboxes, which in turn lifts ATF volume. The adjacent Eastern Economic Corridor hosts engine and transmission plants that consume significant quantities of factory fill and process oils, linking domestic demand to export vehicle volumes. Central Plains provinces supply agricultural machinery that relies on diesel engine oils and hydraulic fluids, ensuring a rural baseline consumption across harvest cycles.

Northern tourist centers, such as Chiang Mai, generate significant turnover through rental scooters and ride-sharing fleets that rack up high mileage. Seasonal haze episodes encourage consumers to adhere to manufacturer drain intervals, bolstering workshop activity. Southern coastal zones, including Phuket, present similar two-wheeler intensity and marine-engine lubricant niches, enabling suppliers to diversify with corrosion-resistant multi-purpose greases. Cross-border trade lines funnel packaged oils into Laos, Myanmar, and Cambodia, making Thai distribution depots pivotal staging points for hinterland markets.

Export orientation further shapes geographic production patterns; Shell’s grease facility in Rayong ships to more than 40 Asia-Pacific destinations, while Thai Oil’s TOPNEXT International channels base oil cargoes to Vietnam and India, integrating Thailand into regional supply chains. Nationwide, the Thai Industrial Standards Institute enforces product quality through the AI-powered TISI Watch tool that flagged nearly 100,000 suspect online listings within five months, leveling the playing field in rural provinces previously vulnerable to counterfeit sales. As digital monitoring extends, legitimate brands gain from homogenous compliance standards across all customer catchments in the Thailand automotive lubricants market.

Competitive Landscape

The Thailand Automotive Lubricants Market is moderately consolidated. Shell, ExxonMobil, and PETRONAS contest premium segments by linking lubricant technology to global OEM endorsements, embedding their products within warranty terms for BMW, Mercedes-Benz, and Honda. These alliances secure captive demand streams and raise entry barriers for challenger brands. Counterfeit suppression through TISI Watch tilts the battlefield in favor of brands that can verify authenticity using QR-code bottle seals, thereby narrowing gray-market leakage. Overall, competitive intensity is shifting toward technology, compliance, and multi-channel distribution models, collectively shaping the Thai automotive lubricants market.

Thailand Automotive Lubricants Industry Leaders

  1. ExxonMobil Corporation

  2. PTT Lubricants

  3. Shell plc

  4. BP p.l.c.

  5. Chevron Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Thailand Automotive Lubricants Market
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Recent Industry Developments

  • March 2025: At the 2025 MotoGP in Thailand, Shell Lubricants unveiled their upgraded full-synthetic lubricant, Shell Advance Ultra with API SP, a premium choice for motorcycle and scooter riders globally.
  • July 2024: Shell announced a strategic investment to enhance the production capacity and efficiency of its grease manufacturing plant in Thailand. With a threefold increase in production capacity – from 5,000 tons to 15,000 tons annually – the plant is poised to meet over half of Thailand's domestic demand and cater to markets in more than 40 countries across the Asia-Pacific region.

Table of Contents for Thailand Automotive Lubricants Industry Report

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

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Thailand Automotive Lubricants Market 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
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
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Key Questions Answered in the Report

What is the current size of the Thailand automotive lubricants market?

The market recorded 373.07 million liters in 2025 and is projected to reach 409.49 million liters by 2030.

How fast is the market expected to grow?

Volume is forecast to expand at a 1.88% CAGR between 2025 and 2030, supported by fleet expansion and synthetic-oil adoption.

Which product type dominates consumption?

Engine Oil leads with 58.12% share of 2024 sales, driven by Thailand’s large motorcycle and passenger-car parc.

Why are automatic transmission fluids growing faster?

Rising adoption of automatic gearboxes in cars and scooters pushes ATF demand at a forecast 2.12% CAGR through 2030.

How will EV adoption affect lubricant demand?

Electric vehicles cut engine-oil volumes long term, yet new opportunities emerge for EV-specific thermal-management fluids.

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