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

Market Forecast By Type (Mineral Spirits, Hexane, Heptane, Others), By Application (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubbers & polymers, Printing inks, Others) And Competitive Landscape
Product Code: ETC4487725 Publication Date: Jul 2023 Updated Date: Oct 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Aliphatic Hydrocarbon Solvents & Thinners Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s import shipments of aliphatic hydrocarbon solvents & thinners saw significant growth in 2024, with top exporting countries being Singapore, China, Germany, Japan, and South Korea. The market experienced a shift from low to moderate concentration, indicating increased competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.35%, while the growth rate from 2023 to 2024 spiked at an impressive 33.46%. This data suggests a growing demand for aliphatic hydrocarbon solvents & thinners in India, driven by a mix of factors such as industrial expansion and technological advancements.

India Aliphatic Hydrocarbon Solvents Thinners Market Overview

Aliphatic hydrocarbon solvents and thinners are essential in industries like paints, coatings, and adhesives. The India aliphatic hydrocarbon solvents and thinners market is driven by the growth in these sectors, as well as the need for effective solvents and thinners in various applications, including cleaning and degreasing.

Drivers of the Market

The India Aliphatic Hydrocarbon Solvents and Thinners market are driven by several factors. These solvents are essential in the paint and coatings industry, serving as diluents and thinners. The robust growth in the construction and automotive sectors in India fuels the demand for paints and coatings, thereby increasing the consumption of aliphatic hydrocarbon solvents. Moreover, these solvents find applications in the pharmaceutical, adhesive, and cleaning industries, further enhancing their market presence. Stringent environmental regulations also drive the need for low-VOC (volatile organic compounds) solvents, making aliphatic hydrocarbons more appealing.

Challenges of the Market

The India aliphatic hydrocarbon solvents thinners market must navigate challenges related to the sourcing of raw materials and maintaining product quality and purity. Environmental concerns regarding emissions and waste disposal in solvent production necessitate adherence to strict regulations. Additionally, the market`s sensitivity to fluctuations in the paint and coatings industry can affect demand.

COVID-19 Impact on the Market

The aliphatic hydrocarbon solvents market was affected by the pandemic as the manufacturing and construction sectors slowed down. Reduced demand for thinners and solvents affected this market, and it struggled to regain its pre-pandemic levels.

Key Players in the Market

Notable players in the aliphatic hydrocarbon solvents/thinners market in India include companies like ExxonMobil, Royal Dutch Shell, India Oil Corporation, Hindustan Petroleum, and Reliance Industries. These companies produce solvents and thinners used in paints, coatings, and various industrial applications.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Aliphatic Hydrocarbon Solvents & Thinners Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Aliphatic Hydrocarbon Solvents & Thinners Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Aliphatic Hydrocarbon Solvents & Thinners Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, 2021 & 2031F

3.3 India Aliphatic Hydrocarbon Solvents & Thinners Market - Industry Life Cycle

3.4 India Aliphatic Hydrocarbon Solvents & Thinners Market - Porter's Five Forces

3.5 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Aliphatic Hydrocarbon Solvents & Thinners Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in the construction industry leading to increased demand for aliphatic hydrocarbon solvents thinners.

4.2.2 Rising automotive production and maintenance activities driving the market for these solvents and thinners.

4.2.3 Implementation of stringent regulatory policies favoring the use of eco-friendly solvents in various industries.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting the cost of production.

4.3.2 Increasing competition from alternative solvents and thinners in the market.

4.3.3 Volatility in crude oil prices affecting the overall pricing of aliphatic hydrocarbon solvents thinners.

5 India Aliphatic Hydrocarbon Solvents & Thinners Market Trends

6 India Aliphatic Hydrocarbon Solvents & Thinners Market, By Types

6.1 India Aliphatic Hydrocarbon Solvents & Thinners Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Mineral Spirits, 2021-2031F

6.1.4 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Hexane, 2021-2031F

6.1.5 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Heptane, 2021-2031F

6.1.6 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Others, 2021-2031F

6.2 India Aliphatic Hydrocarbon Solvents & Thinners Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Paints & Coatings, 2021-2031F

6.2.3 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Cleaning & Degreasing, 2021-2031F

6.2.4 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Adhesives, 2021-2031F

6.2.5 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Aerosols, 2021-2031F

6.2.6 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Rubbers & polymers, 2021-2031F

6.2.7 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenues & Volume, By Printing inks, 2021-2031F

7 India Aliphatic Hydrocarbon Solvents & Thinners Market Import-Export Trade Statistics

7.1 India Aliphatic Hydrocarbon Solvents & Thinners Market Export to Major Countries

7.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Imports from Major Countries

8 India Aliphatic Hydrocarbon Solvents & Thinners Market Key Performance Indicators

8.1 Adoption rate of eco-friendly solvents in key industries.

8.2 Number of new product developments in the aliphatic hydrocarbon solvents thinners segment.

8.3 Growth in demand for aliphatic hydrocarbon solvents thinners in emerging industries such as pharmaceuticals and electronics.

9 India Aliphatic Hydrocarbon Solvents & Thinners Market - Opportunity Assessment

9.1 India Aliphatic Hydrocarbon Solvents & Thinners Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Aliphatic Hydrocarbon Solvents & Thinners Market - Competitive Landscape

10.1 India Aliphatic Hydrocarbon Solvents & Thinners Market Revenue Share, By Companies, 2024

10.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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