Global Aliphatic Hydrocarbon Solvents And Thinners Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Aliphatic Hydrocarbon Solvents and Thinners Market Size

• The global aliphatic hydrocarbon solvents and thinners market size was valued at USD 4.05 billion in 2024 and is expected to reach USD 5.77 billion by 2032, at a CAGR of 4.50% during the forecast period
• The market growth is primarily driven by increasing demand for eco-friendly and low-VOC solvents in paints, coatings, and cleaning applications, alongside advancements in chemical formulations
• Rising industrialization, particularly in construction and automotive sectors, coupled with growing consumer preference for sustainable and efficient cleaning and degreasing solutions, is propelling the adoption of aliphatic hydrocarbon solvents and thinners, significantly boosting market expansion

Aliphatic Hydrocarbon Solvents and Thinners Market Analysis

• Aliphatic hydrocarbon solvents and thinners, known for their low toxicity and high solvency, are critical components in various industrial applications, including paints, coatings, adhesives, and cleaning solutions, due to their versatility, cost-effectiveness, and compatibility with multiple substrates
• The demand for these solvents is fueled by the booming paints and coatings industry, increasing environmental regulations promoting low-VOC alternatives, and the rising need for effective cleaning and degreasing agents in industrial and automotive sectors
• Asia-Pacific dominated the aliphatic hydrocarbon solvents and thinners market with the largest revenue share of 42.5% in 2024, driven by rapid industrialization, a robust manufacturing base, and high demand for paints and coatings in countries such as China and India
• North America is expected to be the fastest-growing region during the forecast period, attributed to stringent environmental regulations, advancements in green chemistry, and increasing adoption of sustainable solvents in industrial applications
• The Mineral Spirits segment dominated the largest market revenue share of 36.9% in 2024, primarily driven by its widespread use in paints and coatings, and cleaning and degreasing applications.

Report Scope and Aliphatic Hydrocarbon Solvents and Thinners Market Segmentation       

Aliphatic Hydrocarbon Solvents and Thinners Market Trends

“Increasing Adoption of Low-VOC and Eco-Friendly Formulations”

• The global aliphatic hydrocarbon solvents and thinners market is experiencing a notable trend toward the adoption of low-volatile organic compound (VOC) and eco-friendly formulations
• Advancements in refining and distillation technologies are enabling the development of solvents with reduced environmental impact, meeting stringent regulatory requirements
• These eco-friendly solvents are gaining traction in applications such as paints and coatings, where they provide effective performance while minimizing harmful emissions
  • For instances, companies are innovating bio-based aliphatic solvents to cater to the growing demand for sustainable solutions in industries such as construction and automotive
• This trend enhances the market's appeal to environmentally conscious consumers and industries, aligning with global sustainability goals
• AI and data analytics are increasingly used to optimize solvent formulations, ensuring better performance and compliance with environmental standards

Aliphatic Hydrocarbon Solvents and Thinners Market Dynamics

Driver

“Growing Demand in Paints and Coatings and Construction Industries”

• The rising demand for paints and coatings, particularly in the construction and automotive sectors, is a key driver for the aliphatic hydrocarbon solvents and thinners market
• Aliphatic solvents, such as mineral spirits and varnish makers’ and painters’ naphtha, are widely used as diluents and thinners, enhancing paint application and durability
• Rapid urbanization and infrastructure development, especially in Asia-Pacific countries such as China and India, are boosting the need for architectural coatings and adhesives
• Government initiatives, such as India’s smart cities plan with investments worth USD 31,650 billion, are further driving demand for these solvents in construction applications
• The proliferation of automotive manufacturing, including electric vehicles, increases the need for high-performance coatings and cleaning agents, further fueling market growth
• The shift toward replacing turpentine with mineral spirits, due to the latter’s lower odor and safer handling, is also contributing to market expansion

Restraint/Challenge

“Stringent Environmental Regulations and Health Concerns”

• Stringent environmental regulations, such as the European Union’s REACH and the U.S. EPA’s VOC emission standards, restrict the use of certain aliphatic hydrocarbon solvents due to their environmental and health impacts
• The high initial costs of developing and integrating low-VOC or bio-based solvent solutions can be a barrier, particularly for small and medium-sized enterprises in emerging markets
• Health concerns related to prolonged exposure to aliphatic solvents, such as muscular weakness, skin irritation, and respiratory issues, pose challenges to market growth
• The fragmented regulatory landscape across countries complicates compliance for manufacturers, increasing operational costs and limiting market expansion
• The growing preference for green and bio-based solvents, driven by consumer awareness and environmental concerns, may reduce demand for traditional aliphatic solvents in some regions

Aliphatic Hydrocarbon Solvents and Thinners market Scope

The market is segmented on the basis of type and application.

• By Type

On the basis of type, the global aliphatic hydrocarbon solvents and thinners market is segmented into Varnish Makers’ and Painters’ Naphtha, Hexane, Heptane, Mineral Spirits, Gasoline, Paraffinic Solvent, Pentane, and Solvent 140. The Mineral Spirits segment dominated the largest market revenue share of 36.9% in 2024, primarily driven by its widespread use in paints and coatings, and cleaning and degreasing applications. Its low odor and moderate evaporation rate make it a preferred choice for various industrial and household uses.

The Varnish Makers’ and Painters’ Naphtha segment is anticipated to witness significant growth from 2025 to 2032. This growth is fueled by its extensive use in the paint and coating industry as a thinner and diluent, as well as its application in industrial cleaning and degreasing.

• By Application

On the basis of application, the global aliphatic hydrocarbon solvents and thinners market is segmented into Paints and Coatings, Cleaning and Degreasing, Adhesives, Aerosols, Rubbers and Polymers, Printing Inks, and Others. The Paints and Coatings segment holds the largest market revenue share in 2024, driven by the critical role of aliphatic solvents in formulating paints and coatings to achieve desired viscosity, flow, and drying properties. The robust growth in the construction and automotive sectors globally further propels the demand for this segment.

The Rubbers and Polymers segment is expected to witness the fastest growth rate from 2025 to 2032. This is attributed to the increasing demand for rubber products in various industries, particularly the automotive tire industry, where aliphatic solvents are crucial for improving rubber compound properties and processing characteristics. The expansion of the electric vehicle market also contributes to the rising demand for specialized rubber components.

Aliphatic Hydrocarbon Solvents and Thinners Market Regional Analysis

• Asia-Pacific dominated the aliphatic hydrocarbon solvents and thinners market with the largest revenue share of 42.5% in 2024, driven by rapid industrialization, a robust manufacturing base, and high demand for paints and coatings in countries such as China and India
• Consumers prioritize aliphatic hydrocarbon solvents and thinners for their versatility in applications such as paints and coatings, cleaning and degreasing, and adhesives, particularly in regions with high industrial and manufacturing activities
• Growth is supported by advancements in solvent technology, including low-VOC and eco-friendly formulations, alongside rising adoption in both industrial and consumer segments

Japan Aliphatic Hydrocarbon Solvents and Thinners Market Insight

Japan’s aliphatic hydrocarbon solvents and thinners market is expected to witness strong growth due to strong consumer preference for high-quality, technologically advanced solvents that enhance performance in paints, coatings, and industrial cleaning. The presence of major manufacturers and the integration of solvents in both OEM and aftermarket applications accelerate market penetration. Rising interest in sustainable and efficient solutions also contributes to growth.

China Aliphatic Hydrocarbon Solvents and Thinners Market Insight

China holds the largest share of the Asia-Pacific aliphatic hydrocarbon solvents and thinners market, propelled by rapid industrialization, rising construction and automotive sectors, and increasing demand for efficient solvent solutions. The country’s growing industrial base and focus on cost-effective, high-performance solvents support the adoption of advanced aliphatic hydrocarbons. Strong domestic manufacturing capabilities and competitive pricing enhance market accessibility.

U.S. Aliphatic Hydrocarbon Solvents and Thinners Market Insight

The U.S. aliphatic hydrocarbon solvents and thinners market is expected to witness significant growth, fueled by strong aftermarket demand and growing consumer awareness of enhanced safety, navigation, and convenience benefits. The trend towards vehicle connectivity and increasing regulations promoting safer driving further boost market expansion. Automakers’ growing incorporation of factory-fitted telematics systems complements aftermarket sales, creating a diverse product ecosystem.

Europe Aliphatic Hydrocarbon Solvents and Thinners Market Insight

The Europe aliphatic hydrocarbon solvents and thinners market is expected to witness significant growth, supported by regulatory emphasis on low-VOC and environmentally friendly products. Consumers seek solvents that offer effective performance in paints, coatings, and adhesives while complying with stringent environmental regulations. The growth is prominent in both industrial applications and consumer products, with countries such as Germany and the U.K. showing significant uptake due to rising environmental concerns and industrial advancements.

U.K. Aliphatic Hydrocarbon Solvents and Thinners Market Insight

The U.K. market for aliphatic hydrocarbon solvents and thinners is expected to witness strong growth, driven by demand for high-performance solvents in paints, coatings, and cleaning applications in urban and industrial settings. Increased interest in eco-friendly formulations and rising awareness of environmental benefits encourage adoption. Evolving regulations, such as the EU’s REACH and VOC directives, influence consumer choices, balancing performance with compliance.

Germany Aliphatic Hydrocarbon Solvents and Thinners Market Insight

Germany is expected to witness strong growth in the aliphatic hydrocarbon solvents and thinners market, attributed to its advanced industrial manufacturing sector and high consumer focus on efficiency and sustainability. German industries prefer technologically advanced solvents that enhance performance in paints, coatings, and adhesives while contributing to lower environmental impact. The integration of these solvents in industrial processes and aftermarket applications supports sustained market growth.

Aliphatic Hydrocarbon Solvents and Thinners Market Share

The aliphatic hydrocarbon solvents and thinners industry is primarily led by well-established companies, including:

• Exxon Mobil Corporation (U.S.)
•  Shell International B.V. (U.K.)
• LANXESS (Germany)
• Ashland inc. (U.S.)
• SASOL (South Africa)
• Honeywell International Inc. (U.S.)
• BASF SE (Germany)
• HCS Group GmbH (Germany)
• LyondellBasell Industries Holdings B.V. (U.S.)
•  SK geo centric Co., Ltd (South Korea)
• Calumet Specialty Products Partners, L.P. (U.S.)
• Gulf Chemical & industral Oils (U.S.)
• Recochem Inc. (Canada)
• Ganga Rasayanie P. Ltd. (India)
• WM Barr (U.S.)
• Gadiv Petrochemical Industries Ltd. (Israel)
• Hunt Refining Company (U.S.)
• SolvChem (U.S.)

What are the Recent Developments in Global Aliphatic Hydrocarbon Solvents and Thinners Market?

• In April 2025, ExxonMobil, in partnership with Cyclyx International and Jefferson County, launched a county-wide plastic recycling initiative aimed at advancing the circular economy and strengthening recycling infrastructure. The collaboration includes a monthly steering committee to guide program development and increase residential recycling volumes. This effort aligns with ExxonMobil’s broader strategy to scale advanced recycling technologies, capable of converting hard-to-recycle plastics into valuable raw materials. By reducing reliance on virgin aliphatic hydrocarbon solvents, the initiative supports more sustainable manufacturing practices and highlights the potential for cross-sector environmental impact
• In August 2023, PPG Industries inaugurated a Center of Excellence at its Quattordio site in Italy, backed by investment. This advanced facility focuses on automotive color development and application, integrating artificial intelligence tools to streamline processes, reduce lead times, and enhance color performance. By combining development and application in a single workflow, PPG aims to optimize costs and improve quality control. The initiative reflects PPG’s continued commitment to innovation in paints and coatings, a key sector for aliphatic hydrocarbon solvents and thinners, and supports its broader sustainability and productivity goals
• In August 2023, AkzoNobel completed its acquisition of Sherwin-Williams’ Chinese Decorative Paints business, including the well-known Huarun brand and its Guangdong production base. This strategic move strengthens AkzoNobel’s presence in China’s paints and coatings market, particularly in tier-three to tier-five regions. With annual revenues of approximately €100 million and a workforce of around 300 employees, the acquisition reflects ongoing industry consolidation and AkzoNobel’s commitment to expanding its footprint in key growth markets. It also underscores the importance of the paints and coatings sector, a major end-user of aliphatic hydrocarbon solvents
• In June 2023, Henkel broke ground on a new Adhesive Technologies manufacturing facility at the Yantai Chemical Industry Park in Shandong Province, China, investing approximately €120 million. Named Kunpeng, the plant spans over 150,000 square meters and features advanced automation and an 8,000 m² smart warehouse. It is designed to meet rising demand across industries such as electronics, automotive, medical, and aerospace. The facility will operate on 100% renewable electricity and incorporate sustainable technologies to reduce CO₂ emissions and water consumption, reinforcing Henkel’s commitment to innovation and sustainability in adhesives—an important application for aliphatic hydrocarbon solvents
• In July 2023, Molyslip launched SLIPCLEAN RD, a high-performance cleaner and degreaser designed to remove a wide range of industrial soils and contaminants, including oil, grease, carbon deposits, inks, and semi-cured adhesives. Formulated with high-purity hydrocarbons and alcohols, SLIPCLEAN RD offers rapid drying, zero residue, and compatibility with most industrial substrates. It is also NSF K1 registered, making it suitable for use on food processing equipment. This product launch highlights Molyslip’s commitment to innovation in cleaning and degreasing solutions, a key application area for aliphatic hydrocarbon solvents in industrial maintenance

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