According to a market report by Lucintel, the future of the mineral turpentine market in Germany looks promising with opportunities in the paint thinner, extraction solvent, cleaning solvent, and degreasing solvent markets. The mineral turpentine market in Germany is expected to reach an estimated $9.8 billion by 2031, with a CAGR of 5.2% from 2025 to 2031. The major drivers for this market are the growing demand for paints within the construction sector and the increase in disposable income, urbanization, lifestyle changes, and growth in construction contribute to the trend.
A more than 150-page report to understand trends, opportunity and forecast in mineral turpentine market in Germany to 2031 by grade (low flash point, regular flash point, and high flash point), type (type 1, type 2, type 3, and type 0), and application (paint thinner, extraction solvent, cleaning solvent, degreasing solvent, and others).
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Lucintel forecasts that, within the grade category, high flash point grade will remain the largest segment over the forecast period.
Within the application category, paint thinner will remain the largest segment.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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