| Product Code: ETC9475269 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Sri Lankan paint thinners market, the import trend experienced a decline of -28.57% from 2023 to 2024, with a compound annual growth rate (CAGR) of 0.59% from 2020 to 2024. This decline can be attributed to shifts in consumer demand or changes in trade policies impacting the market.

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 Paint Thinners Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Paint Thinners Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Paint Thinners Market - Industry Life Cycle |
3.4 Sri Lanka Paint Thinners Market - Porter's Five Forces |
3.5 Sri Lanka Paint Thinners Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.6 Sri Lanka Paint Thinners Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.7 Sri Lanka Paint Thinners Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Sri Lanka Paint Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction industry leading to increased demand for paint thinners |
4.2.2 Rising disposable income and urbanization driving the consumption of paints and coatings |
4.2.3 Government initiatives promoting infrastructure development and real estate projects |
4.3 Market Restraints |
4.3.1 Volatile raw material prices affecting production costs |
4.3.2 Environmental regulations and increasing focus on eco-friendly alternatives impacting demand |
4.3.3 Competition from substitute products like water-based thinners |
5 Sri Lanka Paint Thinners Market Trends |
6 Sri Lanka Paint Thinners Market, By Types |
6.1 Sri Lanka Paint Thinners Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Paint Thinners Market Revenues & Volume, By Material, 2022-2032F |
6.1.3 Sri Lanka Paint Thinners Market Revenues & Volume, By Acetone, 2022-2032F |
6.1.4 Sri Lanka Paint Thinners Market Revenues & Volume, By Turpentine, 2022-2032F |
6.1.5 Sri Lanka Paint Thinners Market Revenues & Volume, By Naphtha, 2022-2032F |
6.1.6 Sri Lanka Paint Thinners Market Revenues & Volume, By Toluene, 2022-2032F |
6.1.7 Sri Lanka Paint Thinners Market Revenues & Volume, By Methyl Ethyl Ketone, 2022-2032F |
6.1.8 Sri Lanka Paint Thinners Market Revenues & Volume, By Dimethylformamide, 2022-2032F |
6.2 Sri Lanka Paint Thinners Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Paint Thinners Market Revenues & Volume, By Epoxy Paint Thinner, 2022-2032F |
6.2.3 Sri Lanka Paint Thinners Market Revenues & Volume, By Alkyd Paint Thinner, 2022-2032F |
6.2.4 Sri Lanka Paint Thinners Market Revenues & Volume, By Polyurethane Paint Thinner, 2022-2032F |
6.2.5 Sri Lanka Paint Thinners Market Revenues & Volume, By Acrylic Paint Thinner, 2022-2032F |
6.3 Sri Lanka Paint Thinners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Paint Thinners Market Revenues & Volume, By Paints & coatings, 2022-2032F |
6.3.3 Sri Lanka Paint Thinners Market Revenues & Volume, By Industrial Equipment, 2022-2032F |
6.3.4 Sri Lanka Paint Thinners Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
7 Sri Lanka Paint Thinners Market Import-Export Trade Statistics |
7.1 Sri Lanka Paint Thinners Market Export to Major Countries |
7.2 Sri Lanka Paint Thinners Market Imports from Major Countries |
8 Sri Lanka Paint Thinners Market Key Performance Indicators |
8.1 Average selling price of paint thinners |
8.2 Number of new construction projects in Sri Lanka |
8.3 Growth rate of the paint and coatings industry in Sri Lanka |
9 Sri Lanka Paint Thinners Market - Opportunity Assessment |
9.1 Sri Lanka Paint Thinners Market Opportunity Assessment, By Material, 2022 & 2032F |
9.2 Sri Lanka Paint Thinners Market Opportunity Assessment, By Type, 2022 & 2032F |
9.3 Sri Lanka Paint Thinners Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Sri Lanka Paint Thinners Market - Competitive Landscape |
10.1 Sri Lanka Paint Thinners Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka 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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