| Product Code: ETC8674959 | 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 |
Norway saw a significant increase in paint thinners import shipments in 2024, with top exporting countries being Sweden, UK, Ireland, Netherlands, and Italy. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 36.12%, with a notable growth rate of 28.93% from 2023 to 2024. This data suggests a strong demand for paint thinners in Norway, with key players in the market continuing to dominate the import landscape.

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 Norway Paint Thinners Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Paint Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Paint Thinners Market - Industry Life Cycle |
3.4 Norway Paint Thinners Market - Porter's Five Forces |
3.5 Norway Paint Thinners Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Norway Paint Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Norway Paint Thinners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and low-VOC paint thinners due to growing environmental awareness and regulations. |
4.2.2 Rise in construction activities and renovation projects in Norway, boosting the demand for paint thinners. |
4.2.3 Innovation and product development in the paint thinners industry, leading to improved performance and efficiency. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of paint thinners. |
4.3.2 Stringent regulations regarding the use and disposal of paint thinners, increasing compliance costs for manufacturers. |
5 Norway Paint Thinners Market Trends |
6 Norway Paint Thinners Market, By Types |
6.1 Norway Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Norway Paint Thinners Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Norway Paint Thinners Market Revenues & Volume, By Acetone, 2021- 2031F |
6.1.4 Norway Paint Thinners Market Revenues & Volume, By Turpentine, 2021- 2031F |
6.1.5 Norway Paint Thinners Market Revenues & Volume, By Naphtha, 2021- 2031F |
6.1.6 Norway Paint Thinners Market Revenues & Volume, By Toluene, 2021- 2031F |
6.1.7 Norway Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2021- 2031F |
6.1.8 Norway Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2021- 2031F |
6.2 Norway Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Norway Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2021- 2031F |
6.2.3 Norway Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2021- 2031F |
6.2.4 Norway Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2021- 2031F |
6.2.5 Norway Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2021- 2031F |
6.3 Norway Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Norway Paint Thinners Market Revenues & Volume, By Paints & coatings, 2021- 2031F |
6.3.3 Norway Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2021- 2031F |
6.3.4 Norway Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Norway Paint Thinners Market Import-Export Trade Statistics |
7.1 Norway Paint Thinners Market Export to Major Countries |
7.2 Norway Paint Thinners Market Imports from Major Countries |
8 Norway Paint Thinners Market Key Performance Indicators |
8.1 Percentage of sales from eco-friendly and low-VOC paint thinners. |
8.2 Number of new construction permits issued in Norway. |
8.3 Research and development investment in new paint thinners formulations. |
9 Norway Paint Thinners Market - Opportunity Assessment |
9.1 Norway Paint Thinners Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Norway Paint Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Norway Paint Thinners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Paint Thinners Market - Competitive Landscape |
10.1 Norway Paint Thinners Market Revenue Share, By Companies, 2024 |
10.2 Norway 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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