| Product Code: ETC11408748 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Sri Lanka import trend for the aromatic solvent market experienced a decline, with a growth rate of -1.23% from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at -7.39%. This downward trend could be attributed to shifts in market demand or changes in trade policies impacting imports.

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 Sri Lanka Aromatic Solvent Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Aromatic Solvent Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Aromatic Solvent Market - Industry Life Cycle |
3.4 Sri Lanka Aromatic Solvent Market - Porter's Five Forces |
3.5 Sri Lanka Aromatic Solvent Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Sri Lanka Aromatic Solvent Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Sri Lanka Aromatic Solvent Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F |
4 Sri Lanka Aromatic Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry leading to increased demand for paints and coatings which use aromatic solvents. |
4.2.2 Rising industrial activities and manufacturing sectors in Sri Lanka driving the demand for aromatic solvents. |
4.2.3 Government initiatives promoting investments and industrial growth in the country. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production costs of aromatic solvents. |
4.3.2 Strict environmental regulations and increasing focus on sustainability leading to the shift towards eco-friendly solvents. |
4.3.3 Competition from substitutes like bio-based solvents affecting the market growth. |
5 Sri Lanka Aromatic Solvent Market Trends |
6 Sri Lanka Aromatic Solvent Market, By Types |
6.1 Sri Lanka Aromatic Solvent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Benzene-Based, 2022 - 2032F |
6.1.4 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Toluene-Based, 2022 - 2032F |
6.1.5 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Xylene-Based, 2022 - 2032F |
6.2 Sri Lanka Aromatic Solvent Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Paints & Coatings, 2022 - 2032F |
6.2.3 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Pharmaceuticals, 2022 - 2032F |
6.2.4 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Adhesives & Sealants, 2022 - 2032F |
6.3 Sri Lanka Aromatic Solvent Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.3.3 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.3.4 Sri Lanka Aromatic Solvent Market Revenues & Volume, By Construction, 2022 - 2032F |
7 Sri Lanka Aromatic Solvent Market Import-Export Trade Statistics |
7.1 Sri Lanka Aromatic Solvent Market Export to Major Countries |
7.2 Sri Lanka Aromatic Solvent Market Imports from Major Countries |
8 Sri Lanka Aromatic Solvent Market Key Performance Indicators |
8.1 Average selling price of aromatic solvents in Sri Lanka. |
8.2 Percentage of manufacturing industries in Sri Lanka using aromatic solvents in their processes. |
8.3 Import/export volume of aromatic solvents in Sri Lanka. |
8.4 Number of new construction projects using aromatic solvents. |
8.5 Adoption rate of eco-friendly aromatic solvents in the market. |
9 Sri Lanka Aromatic Solvent Market - Opportunity Assessment |
9.1 Sri Lanka Aromatic Solvent Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Sri Lanka Aromatic Solvent Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Sri Lanka Aromatic Solvent Market Opportunity Assessment, By End Use Industry, 2022 & 2032F |
10 Sri Lanka Aromatic Solvent Market - Competitive Landscape |
10.1 Sri Lanka Aromatic Solvent Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Aromatic Solvent 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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