| Product Code: ETC8155839 | 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 |
In 2024, Maldives saw continued reliance on paint thinners imports, with top suppliers being Sri Lanka, UAE, Singapore, India, and South Korea. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 22.1%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with these key exporting countries maintaining a significant presence in meeting Maldives` demand for paint thinners. This data suggests a stable market with established trade relationships that are likely to continue driving the import dynamics in the coming years.

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 Maldives Paint Thinners Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Paint Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Paint Thinners Market - Industry Life Cycle |
3.4 Maldives Paint Thinners Market - Porter's Five Forces |
3.5 Maldives Paint Thinners Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Maldives Paint Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Maldives Paint Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Paint Thinners Market Trends |
6 Maldives Paint Thinners Market, By Types |
6.1 Maldives Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Maldives Paint Thinners Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Maldives Paint Thinners Market Revenues & Volume, By Acetone, 2021- 2031F |
6.1.4 Maldives Paint Thinners Market Revenues & Volume, By Turpentine, 2021- 2031F |
6.1.5 Maldives Paint Thinners Market Revenues & Volume, By Naphtha, 2021- 2031F |
6.1.6 Maldives Paint Thinners Market Revenues & Volume, By Toluene, 2021- 2031F |
6.1.7 Maldives Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2021- 2031F |
6.1.8 Maldives Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2021- 2031F |
6.2 Maldives Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2021- 2031F |
6.2.3 Maldives Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2021- 2031F |
6.2.4 Maldives Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2021- 2031F |
6.2.5 Maldives Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2021- 2031F |
6.3 Maldives Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Paint Thinners Market Revenues & Volume, By Paints & coatings, 2021- 2031F |
6.3.3 Maldives Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2021- 2031F |
6.3.4 Maldives Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Maldives Paint Thinners Market Import-Export Trade Statistics |
7.1 Maldives Paint Thinners Market Export to Major Countries |
7.2 Maldives Paint Thinners Market Imports from Major Countries |
8 Maldives Paint Thinners Market Key Performance Indicators |
9 Maldives Paint Thinners Market - Opportunity Assessment |
9.1 Maldives Paint Thinners Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Maldives Paint Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Maldives Paint Thinners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Paint Thinners Market - Competitive Landscape |
10.1 Maldives Paint Thinners Market Revenue Share, By Companies, 2024 |
10.2 Maldives 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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