| Product Code: ETC6663369 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Canada`s import trend for the paint thinners market experienced a decline, with a growth rate of -32.88% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -26.6%. This significant decrease could be attributed to shifting consumer preferences, changes in trade policies, or market saturation impacting import momentum.

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 Canada Paint Thinners Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Paint Thinners Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Paint Thinners Market - Industry Life Cycle |
3.4 Canada Paint Thinners Market - Porter's Five Forces |
3.5 Canada Paint Thinners Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.6 Canada Paint Thinners Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.7 Canada Paint Thinners Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and low-VOC paint thinners |
4.2.2 Growth in the construction industry leading to higher demand for paint products |
4.2.3 Rising renovation and remodeling activities in residential and commercial sectors |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations regarding the use of certain chemicals in paint thinners |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from alternative products such as water-based paint thinners |
5 Canada Paint Thinners Market Trends |
6 Canada Paint Thinners Market, By Types |
6.1 Canada Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Canada Paint Thinners Market Revenues & Volume, By Material, 2022-2032F |
6.1.3 Canada Paint Thinners Market Revenues & Volume, By Acetone, 2022-2032F |
6.1.4 Canada Paint Thinners Market Revenues & Volume, By Turpentine, 2022-2032F |
6.1.5 Canada Paint Thinners Market Revenues & Volume, By Naphtha, 2022-2032F |
6.1.6 Canada Paint Thinners Market Revenues & Volume, By Toluene, 2022-2032F |
6.1.7 Canada Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2022-2032F |
6.1.8 Canada Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2022-2032F |
6.2 Canada Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2022-2032F |
6.2.3 Canada Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2022-2032F |
6.2.4 Canada Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2022-2032F |
6.2.5 Canada Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2022-2032F |
6.3 Canada Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Paint Thinners Market Revenues & Volume, By Paints & coatings, 2022-2032F |
6.3.3 Canada Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2022-2032F |
6.3.4 Canada Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
7 Canada Paint Thinners Market Import-Export Trade Statistics |
7.1 Canada Paint Thinners Market Export to Major Countries |
7.2 Canada Paint Thinners Market Imports from Major Countries |
8 Canada Paint Thinners Market Key Performance Indicators |
8.1 Number of new eco-friendly paint thinner products introduced in the market |
8.2 Percentage increase in construction permits issued |
8.3 Growth in online sales of paint thinners |
8.4 Number of partnerships with retailers for distribution expansion |
8.5 Average time taken to obtain regulatory approvals for new paint thinner formulations |
9 Canada Paint Thinners Market - Opportunity Assessment |
9.1 Canada Paint Thinners Market Opportunity Assessment, By Material, 2022 & 2032F |
9.2 Canada Paint Thinners Market Opportunity Assessment, By Type, 2022 & 2032F |
9.3 Canada Paint Thinners Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Paint Thinners Market - Competitive Landscape |
10.1 Canada Paint Thinners Market Revenue Share, By Companies, 2025 |
10.2 Canada Paint Thinners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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