| Product Code: ETC6771519 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia paint thinners import market in 2024 saw significant contributions from the United States of America, Germany, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite the impressive 59.95% compound annual growth rate (CAGR) from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -40.06%. This fluctuation suggests potential shifts in market dynamics or external factors impacting the industry. Monitoring future trends and developments will be crucial for stakeholders in the paint thinners import sector in Colombia.

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 Colombia Paint Thinners Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Paint Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Paint Thinners Market - Industry Life Cycle |
3.4 Colombia Paint Thinners Market - Porter's Five Forces |
3.5 Colombia Paint Thinners Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Colombia Paint Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Colombia Paint Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Colombia leading to increased demand for paint thinners |
4.2.2 Rising disposable income and urbanization driving the demand for home renovation and maintenance activities |
4.2.3 Government initiatives promoting infrastructure development and construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of paint thinners |
4.3.2 Stringent environmental regulations pushing manufacturers to invest in eco-friendly alternatives |
4.3.3 Competition from substitute products like water-based paints impacting the demand for traditional paint thinners |
5 Colombia Paint Thinners Market Trends |
6 Colombia Paint Thinners Market, By Types |
6.1 Colombia Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Colombia Paint Thinners Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Colombia Paint Thinners Market Revenues & Volume, By Acetone, 2021- 2031F |
6.1.4 Colombia Paint Thinners Market Revenues & Volume, By Turpentine, 2021- 2031F |
6.1.5 Colombia Paint Thinners Market Revenues & Volume, By Naphtha, 2021- 2031F |
6.1.6 Colombia Paint Thinners Market Revenues & Volume, By Toluene, 2021- 2031F |
6.1.7 Colombia Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2021- 2031F |
6.1.8 Colombia Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2021- 2031F |
6.2 Colombia Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Colombia Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2021- 2031F |
6.2.3 Colombia Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2021- 2031F |
6.2.4 Colombia Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2021- 2031F |
6.2.5 Colombia Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2021- 2031F |
6.3 Colombia Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Colombia Paint Thinners Market Revenues & Volume, By Paints & coatings, 2021- 2031F |
6.3.3 Colombia Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2021- 2031F |
6.3.4 Colombia Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Colombia Paint Thinners Market Import-Export Trade Statistics |
7.1 Colombia Paint Thinners Market Export to Major Countries |
7.2 Colombia Paint Thinners Market Imports from Major Countries |
8 Colombia Paint Thinners Market Key Performance Indicators |
8.1 Average selling price of paint thinners in the Colombian market |
8.2 Number of new construction permits issued in Colombia |
8.3 Adoption rate of eco-friendly paint thinners in the market |
9 Colombia Paint Thinners Market - Opportunity Assessment |
9.1 Colombia Paint Thinners Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Colombia Paint Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Colombia Paint Thinners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Paint Thinners Market - Competitive Landscape |
10.1 Colombia Paint Thinners Market Revenue Share, By Companies, 2024 |
10.2 Colombia 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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