| Product Code: ETC5221847 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados continues to rely on key suppliers such as the USA, Trinidad and Tobago, and Saint Vincent and the Grenadines for aliphatic solvents and thinners imports in 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remains strong at 11.62%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, emphasizing the dominance of these top exporting countries in supplying Barbados with these essential chemicals.

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 Barbados Aliphatic Solvents and Thinners Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Aliphatic Solvents and Thinners Market - Industry Life Cycle |
3.4 Barbados Aliphatic Solvents and Thinners Market - Porter's Five Forces |
3.5 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Barbados Aliphatic Solvents and Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for environmentally friendly and low volatile organic compound (VOC) products |
4.2.2 Increasing industrial activities and construction projects in Barbados |
4.2.3 Rising awareness about the benefits of using aliphatic solvents and thinners in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as crude oil and natural gas |
4.3.2 Stringent regulations and standards related to the use of chemicals in Barbados |
4.3.3 Competition from alternative solvents and thinners in the market |
5 Barbados Aliphatic Solvents and Thinners Market Trends |
6 Barbados Aliphatic Solvents and Thinners Market Segmentations |
6.1 Barbados Aliphatic Solvents and Thinners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Varnish Makers? ? & Painters? ? Naphtha, 2021-2031F |
6.1.3 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Mineral Spirits, 2021-2031F |
6.1.4 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Hexane, 2021-2031F |
6.1.5 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Heptane, 2021-2031F |
6.1.6 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Others, 2021-2031F |
6.2 Barbados Aliphatic Solvents and Thinners Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Cleaning & Degreasing, 2021-2031F |
6.2.4 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Aerosols, 2021-2031F |
6.2.6 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Rubbers & polymers, 2021-2031F |
6.2.7 Barbados Aliphatic Solvents and Thinners Market Revenues & Volume, By Printing inks, 2021-2031F |
7 Barbados Aliphatic Solvents and Thinners Market Import-Export Trade Statistics |
7.1 Barbados Aliphatic Solvents and Thinners Market Export to Major Countries |
7.2 Barbados Aliphatic Solvents and Thinners Market Imports from Major Countries |
8 Barbados Aliphatic Solvents and Thinners Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly aliphatic solvents and thinners in different industries in Barbados |
8.2 Growth in the number of construction projects and industrial activities requiring solvents and thinners |
8.3 Percentage of companies complying with Barbados' regulations on chemical usage |
8.4 Research and development investment in the innovation of aliphatic solvents and thinners in the market |
9 Barbados Aliphatic Solvents and Thinners Market - Opportunity Assessment |
9.1 Barbados Aliphatic Solvents and Thinners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Aliphatic Solvents and Thinners Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Barbados Aliphatic Solvents and Thinners Market - Competitive Landscape |
10.1 Barbados Aliphatic Solvents and Thinners Market Revenue Share, By Companies, 2024 |
10.2 Barbados Aliphatic Solvents and 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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