Thailand Lubricant Distributors, Opportunities in Lubricant Industry - Ken Research
by Ashish Kumar Market ResearcherThe report titled “Thailand
Lubricant Market by Type (Mineral, Semi-Synthetic and Synthetic), by
Application (Automotive - Passenger, Commercial, Marine and Aviation;
Industrial - Mining, Construction, Manufacturing, Iron and Steel, Agriculture,
Electricity, Medical) - Outlook to 2021” provides a comprehensive
analysis of the automotive and industrial lubricant market in Thailand. The
report covers aspects such as the market size of the Thailand lubricant market,
market segmentation on the basis of type (Mineral, Semi-Synthetic and
Synthetic), by application (Automotive - Passenger, Commercial, Marine and
Aviation; Industrial - Mining, Construction, Manufacturing, Iron and Steel,
Agriculture, Electricity, Medical), by distribution channels (OEM Workshops,
Dealer Network, Supermarkets, Local Workshops and Online) and by origin of
production.
The report also covers the competitive landscape, government
regulations, customer preferences, and pricing analysis of Thailand lubricant
market. In addition to this, the report also covers company profiles and
product portfolio of major players. This report will help industry consultants,
manufacturers, retailers, distributors, potential entrants and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
Thailand Lubricant
Market
Thailand lubricant market is in a recovery phase currently.
Thailand has been going though political turmoil over the past couple of years
due to which industrial lubricant sector observed constrained growth over the
period 2014-2015. However, the market has started recovering in 2016 with ample
growth projected over the coming five years.
Lubricant consumption in Thailand has enhanced from ~ million
liters in 2011 to ~ million liters in 2016. On the other hand, revenues have
been evaluated at THB ~ million in 2016. Apart from rising sales of vehicles
and growth in industrial and machinery sector, growth in the market has also
been led by growing use of synthetic lubes in high end cars.
Thailand Lubricant
Market Segmentation
By Type: Mineral based lubricants have
accounted for the highest share in the consumption during 2016. However, its
share compared to 2011 has declined considerably from ~% to ~% in 2016.
Compared to synthetic oils, they provide significantly less protection, can’t
withstand high temperatures and need to be changed often. Consumption of
semi-synthetic lubricants have amplified at a CAGR of ~% over the past five
years and their share has risen from ~% in 2011 to ~% in 2016. Share of
synthetic lubricants have inclined to ~%.
By Application: Automotive lubricants have accounted
the largest consumption share of ~% in the market during 2016. On the other
hand, the share of industrial and machinery lubricants has declined slightly
relative to the automotive segment.
By Domestic Production and Imports: Domestic manufacturing
has accounted for the majority of the share in the market for lubricants in
Thailand. As of 2016, ~% of the total lubricants consumed in Thailand during
2016 has been manufactured locally. On the other hand, remaining ~% of the
lubricants has been imported.
Competition Scenario in
Thailand Lubricant Market
Thailand lubricant market has around ~ brands competing with
each other on the basis of several parameters such as price, quality and
innovation, product portfolio and marketing techniques such as OEM
partnerships. However, 5 players dominate the market as they account for a
share of around ~% in the total sales of lubricants 2016. Market for lubricants
in Thailand has been led by PTT lubricants that has accounted for a share of ~%
in the sale of lubricants in volume terms. PTT has been followed by Shell that
has accounted for a share ~% during 2016.
Future Outlook for
Thailand Lubricant Market
The lubricants market in Thailand has grown at a considerable
pace over the period 2011-2016. However, the growth was slightly constrained
over the year 2014-2015 mainly due to the political turmoil in the country that
affected the country’s entire manufacturing operations. This market has been
anticipated to pick up from 2017, and growth significantly over the period
2017-2021. Market for lubricants in Thailand has been projected to reach ~ million
liters in terms of consumption during 2021 posting a CAGR of ~% over the
concerned period.
Key Topics Covered in
the Report:
Thailand Lubricant Market Size by Value and Volume, 2011-2016
Pricing and Margin Analysis
Thailand Lubricant Market Segmentation on the basis of
Application, Distribution channels and Type of Lubricants
Porter Analysis for Thailand Lubricant Market
Trends, Developments, Growth Drivers, Restraints and
Government Regulation
Thailand Lubricant Market
Engine Oil Market Thailand
Shell Market Share Thailand
Decision Making Parameters for Vendor Selection in Thailand
Lubricant Market
Company Profile of Major Players Thailand Lubricant Market
Thailand Lubricant Market Future outlook and Projections
Lubricating Oil Market Thailand
Gear Oil Industry Size Thailand
Metal Working Fluids Market Thailand
Chevron Lubricant Best Selling Thailand
Lubricant Consumption Volume Thailand
Competition Lubricant Thailand
Growth Drivers Lubricant Thailand
Castrol BP Lubricant Price Thailand
PTT Lubricant Market Share Thailand
Industrial Lubricant Industry Thailand
For more information on
the market research report please refer to the below link:
Related Report by Ken Research
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+91-124-4230204
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Created on Oct 25th 2017 02:27. Viewed 490 times.