Market Forecast By Type (Varnish Makers€™ & Painters€™ Naphtha, Mineral Spirits, Hexane, Heptane, Others), By Applications (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubbers & polymers, Printing inks, Others) And Competitive Landscape
Product Code: ETC5221964 | Publication Date: Nov 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Report Name | Ukraine Aliphatic Solvents and Thinners Market |
Forecast Period | 2025-2031 |
Market Size | USD 340 Million by 2031 |
CAGR | 7.8% |
Growing Sector | Construction |
The Ukraine Aliphatic Solvents and Thinners market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Ukraine Aliphatic Solvents and Thinners market is valued at approximately $ 210 million, with a projected compound annual growth rate (CAGR) of 7.8% over the next five years. Additionally, by 2031, the market is expected to reach around $ 340 million. The construction sector holds significant position in the overall market.
The aliphatic solvents and thinners market in Ukraine is projected to experience growth, driven by increasing demand across various applications, including paints and coatings, cleaning and degreasing, adhesives, aerosols, rubbers and polymers, and printing inks. The paints and coatings segment is expected to be a significant contributor to this growth, reflecting the country's expanding construction and manufacturing sectors. Additionally, the market is influenced by import-export trade dynamics, with Ukraine engaging in the import of aliphatic solvents and thinners from major countries, which impacts the overall market landscape. The market's development is also shaped by key performance indicators and opportunity assessments, highlighting areas for potential growth and investment.
According to 6Wresearch, Ukraine Aliphatic Solvents and Thinners market size is projected to grow at a CAGR of 7.8% during 2025-2031. The growth of the Ukraine aliphatic solvents and thinners market is primarily driven by the expansion of key end-use sectors such as construction, automotive, and manufacturing. Increasing infrastructure projects and urbanization have boosted the demand for paints and coatings, which are significant consumers of aliphatic solvents. The automotive sector’s growth, driven by vehicle production and repair needs, further contributes to the demand for thinners and cleaning agents. Additionally, Ukraine’s strategic location as a trade hub facilitates import-export activities, supporting market expansion.
However, the market faces challenges such as fluctuating raw material prices due to reliance on imported petroleum-based products and geopolitical instability, which affects supply chains. Strict environmental regulations on VOC emissions and waste disposal also pose compliance hurdles for manufacturers, necessitating a shift toward eco-friendly, low-VOC alternatives. Despite these challenges, increasing industrialization and the adoption of sustainable solvent technologies present significant growth opportunities for the market.
Key companies operating in the Ukraine aliphatic solvents and thinners market include both local and international players. Domestic firms such as InterChem and UkrChem focus on supplying a range of solvents and thinners to meet the needs of the paints, coatings, and adhesives industries. International corporations like Shell Chemicals, ExxonMobil Chemical, and TotalEnergies also play a significant role by importing and distributing high-quality aliphatic solvents, leveraging their global expertise and advanced product portfolios. Additionally, regional distributors and smaller local businesses contribute to the market by offering customized solutions for specific industrial applications. Additionally, some of these players hold majority of the Ukraine Aliphatic Solvents and Thinners market share. Moreover, these companies collectively shape a competitive landscape, addressing both traditional solvent needs and the rising demand for eco-friendly, low-VOC alternatives.
In Ukraine, government regulations governing aliphatic solvents and thinners emphasize environmental protection, workplace safety, and compliance with international standards. The State Environmental Inspectorate of Ukraine enforces rules to control the emission of volatile organic compounds (VOCs) and ensure proper handling and disposal of chemical wastes to minimize environmental pollution. The country also aligns with European Union directives, such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals), to regulate the production, import, and use of hazardous chemicals, including solvents.
Additionally, the Ministry of Health mandates strict guidelines for occupational safety, requiring proper labeling, storage, and usage protocols to safeguard workers from chemical exposure. Further, these initiatives have further boosted the Ukraine Aliphatic Solvents and Thinners market revenues. Furthermore, these regulations are increasingly driving the adoption of sustainable, low-toxicity, and biodegradable solvent alternatives in the market. Compliance with these stringent standards presents challenges for manufacturers but also fosters innovation and technological advancements in solvent production.
The future of the Ukraine aliphatic solvents and thinners market is poised for moderate growth, driven by increasing demand across construction, automotive, and industrial sectors. As urbanization and infrastructure development accelerate, the need for paints, coatings, and adhesives will sustain demand for these solvents. The market is also expected to transition toward eco-friendly, low-VOC formulations in response to stricter environmental regulations and rising consumer awareness. Innovations in solvent recovery and recycling technologies are likely to gain traction, offering cost-saving and sustainable solutions for manufacturers.
Additionally, Ukraine’s strategic location as a trade hub presents opportunities for regional export growth. While challenges such as fluctuating raw material prices and regulatory compliance may pose hurdles, advancements in solvent technology and growing investments in local manufacturing facilities are expected to drive long-term market expansion.
According to Ravi Bhandari, Research Head, 6Wresearch, the Varnish Makers’ & Painters’ Naphtha category in Ukraine is experiencing steady growth, primarily driven by its extensive use in the expanding paints and coatings sector. With ongoing construction and infrastructure projects, demand for high-performance solvents in varnish and paint production is increasing. The automotive industry’s growth, particularly in vehicle maintenance and refinishing applications, also supports the rising consumption of naphtha. Additionally, as environmental regulations encourage the development of low-VOC formulations, there is a shift toward refining naphtha products to meet these standards, boosting innovation within the category. Local production capacities, coupled with import opportunities, further contribute to the market's growth potential in this segment.
The paints and coatings application in Ukraine is witnessing notable growth, fueled by the country’s expanding construction, infrastructure, and automotive sectors. Major residential, commercial, and industrial projects are driving the demand for decorative and protective coatings, while urbanization contributes to increased refurbishment and maintenance activities. The automotive industry's growth, particularly in vehicle manufacturing and refinishing, has also spurred the need for high-quality coatings. Additionally, advancements in eco-friendly and low-VOC coatings, aligned with stricter environmental regulations, are further propelling the segment. Local production and the availability of imported products cater to diverse industry needs, ensuring steady growth in this application across Ukraine.
The report provides a detailed analysis of the following market segments -
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 Ukraine Aliphatic Solvents and Thinners Market Overview |
3.1 Ukraine Country Macro Economic Indicators |
3.2 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Ukraine Aliphatic Solvents and Thinners Market - Industry Life Cycle |
3.4 Ukraine Aliphatic Solvents and Thinners Market - Porter's Five Forces |
3.5 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ukraine Aliphatic Solvents and Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ukraine Aliphatic Solvents and Thinners Market Trends |
6 Ukraine Aliphatic Solvents and Thinners Market Segmentations |
6.1 Ukraine Aliphatic Solvents and Thinners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Varnish Makers¢Ã¢Â?‰Â?¢ & Painters¢Ã¢Â?‰Â?¢ Naphtha, 2021-2031F |
6.1.3 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Mineral Spirits, 2021-2031F |
6.1.4 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Hexane, 2021-2031F |
6.1.5 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Heptane, 2021-2031F |
6.1.6 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ukraine Aliphatic Solvents and Thinners Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Cleaning & Degreasing, 2021-2031F |
6.2.4 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Aerosols, 2021-2031F |
6.2.6 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Rubbers & polymers, 2021-2031F |
6.2.7 Ukraine Aliphatic Solvents and Thinners Market Revenues & Volume, By Printing inks, 2021-2031F |
7 Ukraine Aliphatic Solvents and Thinners Market Import-Export Trade Statistics |
7.1 Ukraine Aliphatic Solvents and Thinners Market Export to Major Countries |
7.2 Ukraine Aliphatic Solvents and Thinners Market Imports from Major Countries |
8 Ukraine Aliphatic Solvents and Thinners Market Key Performance Indicators |
9 Ukraine Aliphatic Solvents and Thinners Market - Opportunity Assessment |
9.1 Ukraine Aliphatic Solvents and Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ukraine Aliphatic Solvents and Thinners Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ukraine Aliphatic Solvents and Thinners Market - Competitive Landscape |
10.1 Ukraine Aliphatic Solvents and Thinners Market Revenue Share, By Companies, 2024 |
10.2 Ukraine Aliphatic Solvents and Thinners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |