| Product Code: ETC6749889 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, China continued to witness a steady flow of paint thinners import shipments, with top exporting countries being Germany, Taiwan, Japan, USA, and South Korea. Despite moderate concentration levels indicated by the HHI, the industry experienced a slight CAGR of 0.84% from 2020-24. However, a notable decline in growth rate of -19.15% from 2023-24 may raise concerns for future trends in the market. Monitoring key factors influencing this downward trend will be crucial for stakeholders in the paint thinners import industry.

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 China Paint Thinners Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Paint Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 China Paint Thinners Market - Industry Life Cycle |
3.4 China Paint Thinners Market - Porter's Five Forces |
3.5 China Paint Thinners Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 China Paint Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 China Paint Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in China |
4.2.2 Growing demand for eco-friendly and low VOC paint thinners |
4.2.3 Rising disposable income leading to higher spending on home improvement projects |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations regarding the use and disposal of paint thinners |
4.3.2 Fluctuating prices of raw materials such as solvents and chemicals |
5 China Paint Thinners Market Trends |
6 China Paint Thinners Market, By Types |
6.1 China Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 China Paint Thinners Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 China Paint Thinners Market Revenues & Volume, By Acetone, 2021- 2031F |
6.1.4 China Paint Thinners Market Revenues & Volume, By Turpentine, 2021- 2031F |
6.1.5 China Paint Thinners Market Revenues & Volume, By Naphtha, 2021- 2031F |
6.1.6 China Paint Thinners Market Revenues & Volume, By Toluene, 2021- 2031F |
6.1.7 China Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2021- 2031F |
6.1.8 China Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2021- 2031F |
6.2 China Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 China Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2021- 2031F |
6.2.3 China Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2021- 2031F |
6.2.4 China Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2021- 2031F |
6.2.5 China Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2021- 2031F |
6.3 China Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 China Paint Thinners Market Revenues & Volume, By Paints & coatings, 2021- 2031F |
6.3.3 China Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2021- 2031F |
6.3.4 China Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 China Paint Thinners Market Import-Export Trade Statistics |
7.1 China Paint Thinners Market Export to Major Countries |
7.2 China Paint Thinners Market Imports from Major Countries |
8 China Paint Thinners Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly paint thinners in the market |
8.2 Number of new product launches focusing on low VOC formulations |
8.3 Growth in demand for premium paint thinners with added functionalities |
8.4 Investment in RD for developing innovative and sustainable paint thinner solutions |
8.5 Market penetration of paint thinners in tier 2 and tier 3 cities in China |
9 China Paint Thinners Market - Opportunity Assessment |
9.1 China Paint Thinners Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 China Paint Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 China Paint Thinners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Paint Thinners Market - Competitive Landscape |
10.1 China Paint Thinners Market Revenue Share, By Companies, 2024 |
10.2 China 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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