Aliphatic Thinners Market

By Product Type;

Varnish Makers & Painters Naphtha, Mineral Spirit, Hexane, Heptane, and Others

By Application;

Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubber & Polymer, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn634867282 Published Date: August, 2025

Aliphatic Thinners Market Overview

Aliphatic Thinners Market (USD Million)

Aliphatic Thinners Market was valued at USD 4,005.63 million in the year 2024. The size of this market is expected to increase to USD 5,342.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.


Aliphatic Thinners Market

*Market size in USD million

CAGR 4.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.2 %
Market Size (2024)USD 4,005.63 Million
Market Size (2031)USD 5,342.51 Million
Market ConcentrationHigh
Report Pages301
4,005.63
2024
5,342.51
2031

Major Players

  • BASF SE
  • Calumet Specialty Products Partners
  • L.P.
  • Exxon Mobil Corporation
  • Gadiv Petrochemical Industries Ltd.
  • Ganga Rasayanie (P) Ltd.
  • Industries Gotham Inc. (Les)
  • HCS Group GmBH
  • Heritage-Crystal Clean, Inc.
  • Honeywell International Inc.
  • Hunt Refining Company
  • Kandla Energy & Chemical Limited
  • The NOCO Company
  • Pon Pure Chemicals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aliphatic Thinners Market

Fragmented - Highly competitive market without dominant players


The Aliphatic Thinners Market is experiencing steady growth as industries widely utilize these solvents in paints, coatings, and cleaning processes. Around 45% of demand is driven by paint applications, where aliphatic thinners enhance viscosity control and accelerate drying performance. Their popularity is also linked to low odor, reduced aromatic content, and superior solvency, making them an attractive alternative to conventional solvents.

Industrial Applications Driving Growth
Approximately 40% of overall usage comes from industrial sectors such as metal cleaning, degreasing, and automotive refinishing. These applications benefit from the durability and surface finish provided by aliphatic thinners, especially in heavy-duty operations. Increasing investment in manufacturing and infrastructure projects is further boosting industrial demand, solidifying their role as essential solvents.

Shift Toward Eco-Friendly Solutions
Sustainability trends are reshaping the market, with nearly 30% of manufacturers now focused on low-VOC aliphatic thinners. These eco-friendly alternatives help industries meet strict emission regulations while maintaining performance standards. The shift reflects the growing priority for environmental compliance and long-term sustainable practices across multiple end-use industries.

Advancements Enhancing Performance
Technological innovations are improving the efficiency and quality of aliphatic thinners. More than 35% of newly developed formulations now deliver faster drying times, better stability, and improved compatibility with high-performance coatings. These advancements are expanding adoption in both industrial and consumer markets, ensuring stronger positioning for advanced solvent solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Aliphatic Thinners Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased paint industry demand
        2. Growth in automotive sector
        3. Expanding construction activities
        4. Rising disposable incomes
        5. Technological advancements in formulations
      2. Restraints
        1. Stringent environmental regulations
        2. Health and safety concerns
        3. Volatile raw material prices
        4. Fluctuating demand cycles
        5. Increasing regulatory compliance costs
      3. Opportunities
        1. Emerging markets expansion
        2. Eco-friendly product innovations
        3. Increased industrial applications
        4. Rising demand for high-quality finishes
        5. Technological advancements in production
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aliphatic Thinners Market, By Product Type, 2021 - 2031 (USD Million)
      1. Varnish Makers & Painters Naphtha
      2. Mineral Spirit
      3. Hexane
      4. Heptane
      5. Others
    2. Aliphatic Thinners Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Cleaning & Degreasing
      3. Adhesives
      4. Aerosols
      5. Rubber & Polymer
      6. Others
    3. Aliphatic Thinners Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Calumet Specialty Products Partners
      3. L.P.
      4. Exxon Mobil Corporation
      5. Gadiv Petrochemical Industries Ltd.
      6. Ganga Rasayanie (P) Ltd.
      7. Industries Gotham Inc. (Les)
      8. HCS Group GmBH
      9. Heritage-Crystal Clean, Inc.
      10. Honeywell International Inc.
      11. Hunt Refining Company
      12. Kandla Energy & Chemical Limited
      13. The NOCO Company
      14. Pon Pure Chemicals
  7. Analyst Views
  8. Future Outlook of the Market