Thailand Petroleum Refining Products Market (2026-2032) | Share, Outlook, Growth, Analysis, Value, Industry, Revenue, Companies, Forecast, Trends & Size

Name: Thailand Petroleum Refining Products Market | Size 2032
Creator: 6Wresearch
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Keywords: Thailand Petroleum Refining Products Market, Thailand Petroleum Refining Products Market Forecast , Thailand Petroleum Refining Products Market Outlook, Thailand Petroleum Refining Products Market Trends, Thailand Petroleum Refining Products Market Analysis, Thailand Petroleum Refining Products Market Growth, Thailand Petroleum Refining Products Market Size, Thailand Petroleum Refining Products Ma

Market Forecast By Type (Ethane & LPG, Gasoline, Diesel/Gasoil, Jet/Kerosene, Naphtha, Fuel Oil, Others), By End-users (Transportation, Others) And Competitive Landscape

Product Code: ETC037387	Publication Date: Jul 2023	Updated Date: Mar 2026	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Thailand Petroleum Refining Products Market: Import Trend Analysis

Thailand import trend for petroleum refining products experienced a -2.02% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 7.18% from 2020 to 2024. This decline in growth momentum may be attributed to shifts in global demand patterns or changes in trade policies affecting market stability.

Thailand Petroleum Refining Products Market: Import Trend Analysis

Thailand Petroleum Refining Products Market Synopsis

Thailand is the second largest oil refiner in Southeast Asia and it has a well-developed network of domestic refinery products. The country???s refining sector is dominated by two state-owned firms, namely PTT (Petroleum Authority of Thailand) Public Company Limited and Thailand Oil Public Company Limited. Both the companies have an installed refining capacity of around 8 million barrels per day (bpd). Refining products such as gasoline, naphtha, diesel fuel oil and jet kerosene are widely used in Thailand for various applications like transport and industrial activities.

Market Drivers

The growth of the petroleum refining products market in Thailand can be attributed to the increased demand from end user sectors such as transportation, agriculture, manufacturing industries etc., which have fuelled the need for these products over time. Additionally, rising investments from international players towards expansion & upgradation projects are expected to drive further growth across this market landscape during 2025-2031. Moreover, with rapid urbanization & industrialization coupled with expanding energy needs due to population increase will support higher demand for refined fuels over the forecast period.

Challenges of the Market

Covid-19 Impact on the Market

The outbreak of COVID - 19 pandemic has caused significant disruptions across all major industry verticals including that of Petroleum Refining Products Market in Thailand.Stringent lockdowns imposed by governments along with reduced consumer spending amid economic slowdown has resulted into fierce decline in product sales resulting into significant revenue losses during 2025-2031.However, gradual recovery is being witnessed since mid 2025 owing increasing government initiatives towards reviving business activities alongwith rebound in tourism sector .

Key Players of the Market

Key participants identified across Petroleum Refining Products marketspace include PTT (Petroleum Authority Of Thailand ) Public Company Ltd, Thailand Oil PCL, IRPC Corporation PCL, Bangchak Corporation PCL among others.

Key Highlights of the Report:

Thailand Petroleum Refining Products Market Outlook
Market Size of Thailand Petroleum Refining Products Market, 2025
Forecast of Thailand Petroleum Refining Products Market, 2032
Historical Data and Forecast of Thailand Petroleum Refining Products Revenues & Volume for the Period 2022-2032F
Thailand Petroleum Refining Products Market Trend Evolution
Thailand Petroleum Refining Products Market Drivers and Challenges
Thailand Petroleum Refining Products Price Trends
Thailand Petroleum Refining Products Porter's Five Forces
Thailand Petroleum Refining Products Industry Life Cycle
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Type for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Ethane & LPG for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Gasoline for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Diesel/Gasoil for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Jet/Kerosene for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Naphtha for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Fuel Oil for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Others for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By End-users for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Transportation for the Period 2022-2032F
Historical Data and Forecast of Thailand Petroleum Refining Products Market Revenues & Volume By Others for the Period 2022-2032F
Thailand Petroleum Refining Products Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By End-users
Thailand Petroleum Refining Products Top Companies Market Share
Thailand Petroleum Refining Products Competitive Benchmarking By Technical and Operational Parameters
Thailand Petroleum Refining Products Company Profiles
Thailand Petroleum Refining Products Key Strategic Recommendations

Thailand Petroleum Refining Products Market (2026-2032): FAQs

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Thailand Petroleum Refining Products Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Petroleum Refining Products Market Revenues & Volume, 2022 & 2032F

3.3 Thailand Petroleum Refining Products Market - Industry Life Cycle

3.4 Thailand Petroleum Refining Products Market - Porter's Five Forces

3.5 Thailand Petroleum Refining Products Market Revenues & Volume Share, By Type, 2022 & 2032F

3.6 Thailand Petroleum Refining Products Market Revenues & Volume Share, By End-users, 2022 & 2032F

4 Thailand Petroleum Refining Products Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Petroleum Refining Products Market Trends

6 Thailand Petroleum Refining Products Market, By Types

6.1 Thailand Petroleum Refining Products Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Petroleum Refining Products Market Revenues & Volume, By Type, 2022-2032F

6.1.3 Thailand Petroleum Refining Products Market Revenues & Volume, By Ethane & LPG, 2022-2032F

6.1.4 Thailand Petroleum Refining Products Market Revenues & Volume, By Gasoline, 2022-2032F

6.1.5 Thailand Petroleum Refining Products Market Revenues & Volume, By Diesel/Gasoil, 2022-2032F

6.1.6 Thailand Petroleum Refining Products Market Revenues & Volume, By Jet/Kerosene, 2022-2032F

6.1.7 Thailand Petroleum Refining Products Market Revenues & Volume, By Naphtha, 2022-2032F

6.1.8 Thailand Petroleum Refining Products Market Revenues & Volume, By Fuel Oil, 2022-2032F

6.2 Thailand Petroleum Refining Products Market, By End-users

6.2.1 Overview and Analysis

6.2.2 Thailand Petroleum Refining Products Market Revenues & Volume, By Transportation, 2022-2032F

6.2.3 Thailand Petroleum Refining Products Market Revenues & Volume, By Others, 2022-2032F

7 Thailand Petroleum Refining Products Market Import-Export Trade Statistics

7.1 Thailand Petroleum Refining Products Market Export to Major Countries

7.2 Thailand Petroleum Refining Products Market Imports from Major Countries

8 Thailand Petroleum Refining Products Market Key Performance Indicators

9 Thailand Petroleum Refining Products Market - Opportunity Assessment

9.1 Thailand Petroleum Refining Products Market Opportunity Assessment, By Type, 2022 & 2032F

9.2 Thailand Petroleum Refining Products Market Opportunity Assessment, By End-users, 2022 & 2032F

10 Thailand Petroleum Refining Products Market - Competitive Landscape

10.1 Thailand Petroleum Refining Products Market Revenue Share, By Companies, 2025

10.2 Thailand Petroleum Refining Products Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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