Thailand Mineral Oil Market to 2032
Overview
The Thailand Mineral Oil Market is expected to reach a 113.11 USD Million by 2032 and is projected to grow at a CAGR of 4.84% from 2025 to 2032.
Revenue, 2024 (USD Million)
85.27
Forecast, 2032 (USD Million)
113.11
CAGR, 2024 - 2032
4.84%
Report Coverage
Thailand
Thailand Mineral Oil Market 2018-2032 USD Million
Thailand Mineral Oil Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 85.27 USD Million
- Projected Market Size (2032): 113.11 USD Million
- CAGR (2025-2032): 4.84%
Key Findings of Thailand Mineral Oil Market
- The Thailand Mineral Oil Market was valued at 85.27 USD Million in 2024.
- The Thailand Mineral Oil Market is likely to grow at a CAGR of 4.84% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Pharmaceuticals in Application Segment accounted for the largest share of the market with a revenue of 85.27 USD Million
- The fastest growing segment Lubricants in Application Segment grew Fastest with a CAGR of 5.50% during the forecast period from 2024 to 2032.
Thailand Mineral Oil Market Scope
Thailand Mineral Oil Market Segmentation & Scope
Application
- Coatings/Inks
- Adhesives
- Others
- Textile
- Packaging
- Polymers
- Agriculture
- Tires/Rubbers
- Electrical and Industrial
- Cosmetics & Personal Care
- Lubricants
- Pharmaceuticals
- Food Industry
Grade
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
- Industrial Grade
Class
- Naphthenic Oil1
- Aromatic Oil1
- Paraffinic Oil1
Thailand Mineral Oil Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 85.27 USD Million |
| Market Value in 2032 | 113.11 USD Million |
| CAGR (2025-2032) | 4.84% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Grade,Class |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 85.27 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 85.27 USD Million in 2024.
Segments and Scope
-
Thailand Mineral Oil Market to 2032, By Application
- Pharmaceuticals is the largest segment in Thailand Mineral Oil Market to 2032 with a revenue of 85.27 USD Million in the year 2024.
- Lubricants is the Fastest growing segment in Thailand Mineral Oil Market to 2032 with a Growth rate of 4.84 % in forecast period 2025-2032.
-
Thailand Mineral Oil Market to 2032, By Grade
- Industrial Grade is the largest segment in Thailand Mineral Oil Market to 2032 with a revenue of 48.30 USD Million in the year 2024.
- Industrial Grade is the Fastest growing segment in Thailand Mineral Oil Market to 2032 with a Growth rate of 5.07 % in forecast period 2025-2032.
-
Thailand Mineral Oil Market to 2032, By Class
- Paraffinic Oil1 is the largest segment in Thailand Mineral Oil Market to 2032 with a revenue of 60.33 USD Million in the year 2024.
- Paraffinic Oil1 is the Fastest growing segment in Thailand Mineral Oil Market to 2032 with a Growth rate of 4.97 % in forecast period 2025-2032.
Thailand Mineral Oil Market Company Share Analysis
Thailand Mineral Oil Market Geographical Sales Distribution, 2018-2032 USD Million
Thailand Mineral Oil Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Mineral Oil Market is segmented based on Segmentation Application,Grade,Class.
Thailand Mineral Oil Market was valued at USD 85.27(Revenue in USD Million) in 2021.
Thailand Mineral Oil Market is projected to grow at a CAGR of 4.84% during the forecast period of 2024 to 2032.
The Pharmaceuticals segment is expected to dominate the Thailand Mineral Oil Market, holding a largest market share of 85.27 USD Million in 2024
Thailand Mineral Oil Market Scope
Thailand Mineral Oil Market Segmentation & Scope
Application
- Coatings/Inks
- Adhesives
- Others
- Textile
- Packaging
- Polymers
- Agriculture
- Tires/Rubbers
- Electrical and Industrial
- Cosmetics & Personal Care
- Lubricants
- Pharmaceuticals
- Food Industry
Grade
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
- Industrial Grade
Class
- Naphthenic Oil1
- Aromatic Oil1
- Paraffinic Oil1
Frequently Asked Questions
The Thailand Mineral Oil Market is segmented based on Segmentation Application,Grade,Class.
Thailand Mineral Oil Market was valued at USD 85.27(Revenue in USD Million) in 2021.
Thailand Mineral Oil Market is projected to grow at a CAGR of 4.84% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Mineral Oil Market for final year is USD 113.11 (USD Million).
Thailand Mineral Oil Market Company Profiling
Frequently Asked Questions
The Thailand Mineral Oil Market is segmented based on Segmentation Application,Grade,Class.
Thailand Mineral Oil Market was valued at USD 85.27(Revenue in USD Million) in 2021.
Thailand Mineral Oil Market is projected to grow at a CAGR of 4.84% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Mineral Oil Market for final year is USD 113.11 (USD Million).
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