White Spirits Market, By Material (Type 0, Type 1, Type 2, and Type 3), By Flash Point (Low Flash Point, Medium Flash Point, and High Flash Point), By Application (Paint Thinner, Cleansing Agent, Degreasing Agent, Fuel, Disinfectant, and Other), By Geogra
White Spirits Market, By Material (Type 0, Type 1, Type 2, and Type 3), By Flash Point (Low Flash Point, Medium Flash Point, and High Flash Point), By Application (Paint Thinner, Cleansing Agent, Degreasing Agent, Fuel, Disinfectant, and Other), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
White spirits, also known as mineral spirits, are clear, volatile hydrocarbon liquids that are derived from petroleum distillation. These are refined to remove polar compounds and are composed of aliphatic, alicyclic and aromatic hydrocarbons in the C7-C12 range. White spirits have a wide range of applications as solvents and thinners for paints, varnishes and other surface coatings. These have low toxicity and are widely used for industrial cleaning and degreasing.
Market Dynamics-
Global white spirits market growth is driven by factors such as growing construction industry and increasing demand for paints and coatings. White spirits serve as an important solvent/diluent as well as cleaner for various surface coatings. Flourishing infrastructure development and rising residential and commercial construction activities have boosted the consumption of paints and coatings globally. Moreover, stable raw material supply and availability of high-purity white spirit grades have augmented their use in different end-use industries. However, strict environmental regulations regarding Volatile organic compounds VOC emissions and rising popularity of bio-based and water-based solvents can pose challenges to market players.
Key features of the study-
This report provides in-depth analysis of the global white spirits market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global white spirits market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ExxonMobil Corporation, Royal Dutch Shell Plc, Total S.A., Idemitsu Kosan Co., Ltd., Compañía Española de Petróleos, S.A.U. (CEPSA), Neste Oyj, Haltermann Carless Deutschland GmbH, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and GSB Chemical Co. Pty. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global white spirits market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global white spirits market
Market Segmentation
By Material Insights (Revenue, USD, 2019 - 2031)
Type 0
Type 1
Type 2
Type 3
By Flash Point Insights (Revenue, USD, 2019 - 2031)
Low Flash Point
Medium Flash Point
High Flash Point
By Application Insights (Revenue, USD, 2019 - 2031)
Paint Thinner
Cleansing Agent
Degreasing Agent
Fuel
Disinfectant
Other
By Regional Insights (Revenue, USD, 2019 - 2031)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
ExxonMobil Corporation
Royal Dutch Shell Plc
Total S.A.
Idemitsu Kosan Co., Ltd.
Compañía Española de Petróleos, S.A.U. (CEPSA)
Neste Oyj
Haltermann Carless Deutschland GmbH
DHC Solvent Chemie GmbH
Al Sanea Chemical Products
GSB Chemical Co. Pty. Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Material
Market Snippet, By Flash Point
Market Snippet, By Application
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global White Spirits Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global White Spirits Market – COVID-19
Impact Analysis
5. Global White Spirits Market, By Material, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Type 0
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Type 1
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Type 2
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Type 3
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
6. Global White Spirits Market, By Flash Point, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Low Flash Point
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Medium Flash Point
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
High Flash Point
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
7. Global White Spirits Market, By Application, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Paint Thinner
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Cleansing Agent
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Degreasing Agent
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Fuel
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Disinfectant
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Other
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
8. Global White Spirits Market, By Region, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Material, 2019- 2031, (USD Bn)
Market Size and Forecast, By Flash Point, 2019- 2031, (USD Bn)
Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
South Africa
North Africa
Central Africa
9. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
ExxonMobil Corporation
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Royal Dutch Shell Plc
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Total S.A.
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Idemitsu Kosan Co., Ltd.
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Compañía Española de Petróleos, S.A.U. (CEPSA)
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Neste Oyj
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Haltermann Carless Deutschland GmbH
Company Overview
Chair Type Portfolio
Recent Developments/Updates
DHC Solvent Chemie GmbH
Company Overview
Chair Type Portfolio
Recent Developments/Updates
Al Sanea Chemical Products
Company Overview
Chair Type Portfolio
Recent Developments/Updates
GSB Chemical Co. Pty. Ltd.
Company Overview
Chair Type Portfolio
Recent Developments/Updates
10. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. Section
References
Research Methodology
About Us and Sales Contact
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