Thailand Aliphatic Solvents and Thinners Market (2025-2031) | Companies, Revenue, Size, Trends, Industry, Outlook, Forecast, Growth, Analysis, Share & Value

Thailand Aliphatic Solvents and Thinners Market Highlights

Report Name	Thailand Aliphatic Solvents and Thinners Market
Forecast Period	2025-2031
Market Size	USD 270 Million by 2031
CAGR	7.2%
Growing Sector	Construction

Topics Covered in the Thailand Aliphatic Solvents and Thinners Market Report

The Thailand Aliphatic Solvents and Thinners market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Aliphatic Solvents and Thinners Market Size & Analysis

In 2025, the Thailand Aliphatic Solvents and Thinners market is valued at approximately $ 195 million, with a projected compound annual growth rate (CAGR) of 7.2% over the next five years. Additionally, by 2031, the market is expected to reach around $ 270 million. The construction sector holds significant position in the overall market.

Thailand Aliphatic Solvents and Thinners Market Synopsis

The aliphatic solvents and thinners market in Thailand has experienced steady growth, driven by their extensive use in industries such as paints, coatings, and cleaning products. These solvents are favored for their effective thinning and cleaning properties, contributing to their demand in various applications. Further, the market's expansion is closely tied to the performance of these industrial sectors, reflecting the integral role of aliphatic solvents and thinners in Thailand's manufacturing and maintenance activities.

According to 6Wresearch, Thailand Aliphatic Solvents and Thinners market size is projected to grow at a CAGR of 7.2% during 2025-2031. The growth of Thailand’s aliphatic solvents and thinners market is primarily driven by the rapid expansion of the construction and automotive sectors, which demand large volumes of paints, coatings, and cleaning products. Increased urbanization and infrastructure projects further boost the consumption of these solvents. The rising popularity of low-VOC and eco-friendly formulations, driven by stringent environmental regulations, presents opportunities for innovation and market expansion.

Additionally, the thriving manufacturing industry in Thailand relies heavily on solvents for cleaning and degreasing applications. However, the market faces challenges such as fluctuating raw material prices due to dependency on petroleum-based imports and the high cost of transitioning to sustainable alternatives. Compliance with strict safety and environmental regulations also imposes operational and financial pressures on manufacturers, requiring continuous adaptation to maintain competitiveness.

Thailand Aliphatic Solvents and Thinners Market Trends

• Shift to Eco-friendly Solutions - Growing demand for low-VOC and biodegradable solvents in response to environmental regulations and consumer preferences.
• Increased Demand from Construction and Automotive Sectors - Expanding infrastructure projects and automotive refinishing are driving the need for high-quality paints and coatings.
• Technological Advancements - Development of more efficient, specialized, and sustainable solvent products to meet diverse industrial needs.
• Growth in Industrial Manufacturing - Rising demand for solvents in cleaning, degreasing, and maintenance applications across various industries.
• Focus on Sustainability - Adoption of solvent recovery and recycling technologies to reduce waste and improve cost-efficiency.

Investment Opportunities in the Thailand Aliphatic Solvents and Thinners Market

• Local Manufacturing Facilities - Establishing production plants to reduce reliance on imports and cater to the growing domestic demand for aliphatic solvents.
• Eco-friendly Solvent Production - Investing in the development and production of low-VOC, biodegradable, and non-toxic solvents to meet sustainability goals and regulatory demands.
• Solvent Recovery Technologies - Investing in solvent recovery and recycling systems to reduce costs and improve environmental performance.
• Expansion in Paints & Coatings Sector - Focusing on the growing construction and automotive industries by supplying specialized solvents for paints, coatings, and surface treatments.
• Automotive Sector Expansion - Developing products tailored for the increasing automotive repair and refinishing market, including high-quality thinners and cleaning agents.
• Research and Innovation - Investing in R&D for new, more efficient, and specialized solvents to cater to a diverse range of industrial applications.

Key Players in the Thailand Aliphatic Solvents and Thinners Market

Key companies in the Thailand aliphatic solvents and thinners market include both domestic and international players. Local firms such as Indorama Ventures and PTT Group are key contributors, producing a range of solvents and chemicals used in various industrial applications. International giants like ExxonMobil, Shell Chemicals, and TotalEnergies also have a strong presence, offering high-quality aliphatic solvents and thinners for paints, coatings, and cleaning products.

Additionally, regional players like Thai Oil and Bangchak Corporation support the market by manufacturing and distributing solvents for domestic and international needs. Additionally, some of these players hold majority of the Thailand Aliphatic Solvents and Thinners market share. Moreover, these companies collectively play a significant role in shaping the market dynamics through their established production capabilities and vast distribution networks.

Government Regulations in the Thailand Aliphatic Solvents and Thinners Market

In Thailand, government regulations governing the aliphatic solvents and thinners market focus on environmental protection, workplace safety, and chemical management. The Department of Industrial Works (DIW) enforces guidelines on the safe production, storage, and handling of solvents to minimize environmental and health risks. The country is aligned with international standards, such as those set by the World Health Organization (WHO) and REACH, regulating the use of hazardous chemicals and ensuring compliance with safety protocols.

Further, these initiatives have further boosted the Thailand Aliphatic Solvents and Thinners market revenues. Furthermore, Thailand’s Pollution Control Department (PCD) monitors emissions and enforces restrictions on volatile organic compounds (VOCs) in industrial products, promoting the development of eco-friendly and low-VOC solvents. Manufacturers must adhere to these regulations to ensure both environmental sustainability and the health and safety of workers, which also drives the growing demand for greener alternatives in the market.

Future Insights of the Thailand Aliphatic Solvents and Thinners Market

The future of the Thailand aliphatic solvents and thinners market looks promising, with steady growth expected due to the expanding construction, automotive, and industrial sectors. The demand for paints, coatings, and cleaning products will continue to rise, driven by urbanization and infrastructure development.

Additionally, the market is likely to see a shift toward more sustainable, low-VOC, and biodegradable solvent options as environmental regulations become stricter. Technological advancements in solvent recovery, recycling, and eco-friendly formulations are expected to shape the market, fostering innovation and offering cost-effective solutions. Thailand’s strategic location as a manufacturing hub and its role in regional trade will also contribute to the market's expansion, while the demand for specialized solvents in automotive refinishing and industrial applications presents ongoing opportunities for growth.

Varnish Makers’ & Painters’ Naphtha Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the Varnish Makers’ & Painters’ Naphtha category in Thailand is experiencing steady growth, driven by the strong demand from the paints and coatings industry, particularly in the construction, automotive, and furniture sectors. As urbanization and infrastructure projects continue to expand, the need for high-quality paints and coatings for both new developments and refurbishments is increasing, further boosting the demand for naphtha. Additionally, the growing automotive repair and refinishing sector supports the use of varnish makers' naphtha in paints and coatings for vehicle maintenance. The shift towards eco-friendlier and low-VOC formulations is also influencing the category, with manufacturers adapting their naphtha products to meet these environmental standards, ensuring continued growth in the market.

Paints & Coatings Category to Dominate the Market - By Application

The paints and coatings application in Thailand is experiencing robust growth, primarily driven by the expansion of the construction and automotive sectors. Urbanization, infrastructure development, and ongoing real estate projects are fueling the demand for protective and decorative coatings, while the automotive sector’s growth in vehicle manufacturing and maintenance is driving the need for refinishing products. The rise in consumer preference for high-quality, durable, and eco-friendly coatings is prompting manufacturers to innovate and offer more sustainable solutions, such as low-VOC and water-based coatings. This trend, combined with stricter environmental regulations, is contributing to the overall growth of the paints and coatings application, which is set to continue as these industries expand in the coming years.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year - 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Aliphatic Solvents and Thinners Market Overview
• Thailand Aliphatic Solvents and Thinners Market Outlook
• Market Size of Thailand Aliphatic Solvents and Thinners Market, 2024
• Forecast of Thailand Aliphatic Solvents and Thinners Market, 2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume for the Period 2021-2031
• Thailand Aliphatic Solvents and Thinners Market Trend Evolution
• Thailand Aliphatic Solvents and Thinners Market Drivers and Challenges
• Thailand Aliphatic Solvents and Thinners Price Trends
• Thailand Aliphatic Solvents and Thinners Porter's Five Forces
• Thailand Aliphatic Solvents and Thinners Industry Life Cycle
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Varnish Makers & Painters Naphtha for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Mineral Spirits for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Hexane for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Heptane for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Paints & Coatings for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Cleaning & Degreasing for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Adhesives for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Aerosols for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Rubbers & polymers for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Printing inks for the Period 2021-2031
• Historical Data and Forecast of Thailand Aliphatic Solvents and Thinners Revenues & Volume, By Others for the Period 2021-2031
• Tanzania Aliphatic Solvents and Thinners Import Export Trade Statistics
• Market Opportunity Assessment, By Type
• Market Opportunity Assessment, By Applications
• Thailand Aliphatic Solvents and Thinners Market - Competitive Benchmarking, By Technical and Operational Parameters
• Thailand Aliphatic Solvents and Thinners Market - Company Profiles
• Thailand Aliphatic Solvents and Thinners Market - Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments -

By Type

• Varnish Makers’ & Painters’ Naphtha
• Mineral Spirits
• Hexane
• Heptane
• Others

By Application

• Paints & Coatings
• Cleaning & Degreasing
• Adhesives
• Aerosols
• Rubbers & polymers
• Printing inks
• Others