| 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`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.
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.
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.
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.
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.
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.
| 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 |