White Spirits Market 2020 to Witness Growth Acceleration During 2025

New York, January 14, 2020: The global White Spirits market Based on Application the global White Spirits market is segmented in Cleaning solvent, Extraction solvent, Degreasing solvent, Aerosols solvent, Paints, Lacquers, Wood preservatives, and Asphalt products. Based on End-User Industry the global White Spirits market is segmented in Automobile, Color and painting industry, Manufacturing industry, and Building and construction industries.

The global White Spirits market is expected to exceed more than US$ 7.5 Billion by 2024 at a CAGR of 5% in the given forecast period.

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Market Research Engine has published a new report titled asWhite Spirits Market Size By Application (Cleaning solvent, Extraction solvent, Degreasing solvent, Aerosols solvent, Paints, Lacquers, Wood preservatives, Asphalt products), By End-User Industry (Automobile, Color and painting industry, Manufacturing industry, Building and construction industries.), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024.”

White spirit is a clear colorless solvent with very low water solubility and a characteristic odor (odor threshold: zero.5-5 mg/m3). White spirit, a mixture of aliphatic and alicyclic C7 to C12 hydrocarbons, is employed as an extraction solvent, cleanup solvent, degreasing solvent. The growing demand for white spirits in the paints & coatings industry, modest jet kerosene costs, and high demand for white spirits as a turpentine substitute. Additionally, shift in consumer focus towards low aromatic white spirits and increasing but, hazardous nature, and toxicity concerns related to white spirits are expected to hinder the market growth in the near future.

Market Insights

The global White Spirits market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The White Spirits market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

ExxonMobil Corporation, Royal Dutch Shell Plc, Total S.A., Idemitsu Kosan Co., Ltd., CEPSA, GSB Chemicals, Neste Oyj, Haltermann Carless, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and others are among the major players in the global White Spirits market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The White Spirits Market has been segmented as below:

White Spirits Market, By Application

  • Cleaning solvent,
  • Extraction solvent,
  • Degreasing solvent,
  • Aerosols solvent,
  • Paints,
  • Lacquers,
  • Wood preservatives,
  • Asphalt products

White Spirits Market, By End-User Industry

  • Automobile,
  • Color and painting industry,
  • Manufacturing industry,
  • Building and construction industries.

White Spirits Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

White Spirits Market, By Company

  • ExxonMobil Corporation
  • Royal Dutch Shell Plc
  • Total S.A.
  • Idemitsu Kosan Co., Ltd.
  • CEPSA
  • GSB Chemicals
  • Neste Oyj
  • Haltermann Carless
  • DHC Solvent Chemie GmbH
  • Al Sanea Chemical Products

The report covers:

  • Global White Spirits market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global White Spirits market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global White Spirits market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global White Spirits market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global White Spirits market share. Major industry players with significant revenue share include ExxonMobil Corporation, Royal Dutch Shell Plc, Total S.A., Idemitsu Kosan Co., Ltd. , CEPSA , GSB Chemicals , Neste Oyj, Haltermann Carless , DHC Solvent Chemie GmbH , Al Sanea Chemical Products, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the White Spirits industry trends
  • Find complete analysis on the market status
  • Identify the White Spirits market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
  5. White Spirits Market, By Application
  6. White Spirits Market, By End-User Industry
  7. White Spirits Market, By Geography
  8. Competitive Insights
  9. Company Profiles
    9.1 ExxonMobil Corporation
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Royal Dutch Shell Plc
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 Total S.A.
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Idemitsu Kosan Co., Ltd.
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 CEPSA
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 GSB Chemicals
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 Neste Oyj
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments
    9.8 Haltermann Carless
    9.8.1 Company Overview
    9.8.2 Product/Service Landscape
    9.8.3 Financial Overview
    9.8.4 Recent Developments
    9.9 DHC Solvent Chemie GmbH
    9.9.1 Company Overview
    9.9.2 Product/Service Landscape
    9.9.3 Financial Overview
    9.9.4 Recent Developments
    9.10 Al Sanea Chemical Products
    9.10.1 Company Overview
    9.10.2 Product/Service Landscape
    9.10.3 Financial Overview
    9.10.4 Recent Developments

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