THAILANDSICThailand Standard Industrial Classification

TSIC Activity

19202

Manufacture of bio-fuel products

ประกอบกิจการผลิตและจำหน่ายผลิตภัณฑ์ สินค้าชีวมวลและอื่นๆ

What this activity covers

This activity involves the production of biofuels by mixing alcohol with oil, such as gasohol.

  • Biofuel production — Mixing alcohol with oil to create biofuels
  • Gasohol manufacturing — Specific production of gasohol
  • Alternative fuel production — Creating fuels from various sources, including waste

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Biogas production — Generating biogas from waste materials
  • Fuel from waste — Producing fuel using waste materials
  • Biomass products — Creating products from biomass sources
  • Hydrogen production — Generating hydrogen as an alternative fuel

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

64
active companies operate here
฿11.2Bregistered capital, combined
฿2.1B
Sector revenue · 2025
-92% since 2023
฿-51526248
Net profit · 2025
24 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿3.0M Thai

Based on few new registrations this year — read as a rough signal only.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

3+50.0%

registrations, YTD

Registered capital

฿11.2B-1.6%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Pairo Energy Co., Ltd.฿850.7M
  2. 2G Energy Trading Co., Ltd.฿202.4M
  3. 3Hong Dam฿187.9M
  4. 4JING XUAN NEW ENERGY TECHNOLOGY (THAILAND) CO., LTD.intl฿153.7M
  5. 5Biomass Power Supply Co., Ltd.฿112.3M

Largest by registered capital

  1. 1BSGF CO., LTD.Bangkok฿8.4B
  2. 2UAC and TPT Energy Co., Ltd.Bangkok฿452.6M
  3. 3BBGI FIRMBOX BIO CO., LTD.Bangkok฿444.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

22
Registered
since 2022
21
Still active
1
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 7 in 20242026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Setting up in Thailand?

Emerhub incorporates companies in Thailand for foreign founders: entity setup, licensing, visas and work permits, accounting. Flat process, no surprises.

Talk to Emerhub Thailand