Product Code: ETC6187509 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Paint Thinners Market includes solvents used to reduce paint viscosity for easier application. The market is influenced by the coatings industrys demand for various formulations and the gradual shift towards low-VOC (volatile organic compound) and eco-friendly thinners due to stringent environmental regulations.
The paint thinners market is adapting to shifting preferences toward low-VOC and eco-friendly solvent alternatives in Australia. Traditional solvent-based thinners are facing declining demand due to health and environmental concerns. Water-based and bio-solvent thinners are emerging as popular choices. Industrial applications still maintain demand, but stricter regulations on volatile organic compounds are accelerating market transformation.
The paint thinners market faces challenges from increasing regulatory controls on volatile organic compounds (VOCs) and solvent emissions. Environmental and health concerns are leading to a gradual shift towards water-based alternatives, which reduces the demand for traditional thinners. Price volatility of petroleum-based ingredients also impacts profitability.
The demand for solvent-based products in commercial painting and industrial applications maintains steady growth. However, regulatory constraints on VOC emissions are pushing innovation in low-emission thinners. Investing in R&D for eco-friendly solvents or establishing domestic production facilities to avoid import tariffs offers potential advantages.
Paint thinners are subject to stringent safety regulations due to their flammable and volatile nature. The government mandates proper labeling, packaging, and transportation under the Dangerous Goods Code. Environmental policies also restrict the emission of volatile organic compounds (VOCs), prompting stricter controls on thinner formulations and encouraging the use of low-VOC alternatives.
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 Australia Paint Thinners Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Paint Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Paint Thinners Market - Industry Life Cycle |
3.4 Australia Paint Thinners Market - Porter's Five Forces |
3.5 Australia Paint Thinners Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Australia Paint Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia Paint Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Paint Thinners Market Trends |
6 Australia Paint Thinners Market, By Types |
6.1 Australia Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Australia Paint Thinners Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Australia Paint Thinners Market Revenues & Volume, By Acetone, 2021- 2031F |
6.1.4 Australia Paint Thinners Market Revenues & Volume, By Turpentine, 2021- 2031F |
6.1.5 Australia Paint Thinners Market Revenues & Volume, By Naphtha, 2021- 2031F |
6.1.6 Australia Paint Thinners Market Revenues & Volume, By Toluene, 2021- 2031F |
6.1.7 Australia Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2021- 2031F |
6.1.8 Australia Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2021- 2031F |
6.2 Australia Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2021- 2031F |
6.2.3 Australia Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2021- 2031F |
6.2.4 Australia Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2021- 2031F |
6.2.5 Australia Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2021- 2031F |
6.3 Australia Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Paint Thinners Market Revenues & Volume, By Paints & coatings, 2021- 2031F |
6.3.3 Australia Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2021- 2031F |
6.3.4 Australia Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Australia Paint Thinners Market Import-Export Trade Statistics |
7.1 Australia Paint Thinners Market Export to Major Countries |
7.2 Australia Paint Thinners Market Imports from Major Countries |
8 Australia Paint Thinners Market Key Performance Indicators |
9 Australia Paint Thinners Market - Opportunity Assessment |
9.1 Australia Paint Thinners Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Australia Paint Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia Paint Thinners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Paint Thinners Market - Competitive Landscape |
10.1 Australia Paint Thinners Market Revenue Share, By Companies, 2024 |
10.2 Australia Paint Thinners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |