VARIANT MARKET RESEARCH

Global White Spirits Market is to Expected

Reach $9 billion by 2024 Says, Variant
Market Research
Global White Spirits Market is estimated to reach $9 billion by 2024; growing at
a CAGR of 6.6% between 2016 and 2024. White spirit is a mixture of straight and
branched chain paraffins, naphthene and alkyl aromatic hydrocarbons, majorly used
for cleaning paint and degreasing machine tools and parts. It is also used by
individuals in their household to clean used paint brushes, and to remove adhesive
from surfaces. White spirit is a light grade of kerosene and can also be used as
substitute for kerosene in stoves.

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Unassuming jet kerosene prices, steady demand from the paints and coatings
industry, changing demographics, improving global economic conditions, and the
increasing demand for these spirits as a turpentine substitute are the major factors
driving the global white spirits market. However, high cost of white spirits may
hamper the market growth. Shifting focus towards low aromatic white spirits would
provide several growth opportunities for the market in coming years.
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The global white spirits market is bifurcated by application and grades. The
segmentations by application include paint thinner, cleaning solvent, degreasing
solvent, fuel, disinfectant, and others. Regular flash grade, high flash grade, and low
flash grade are the various classifications of white spirits by grades. The paint thinner
segment dominated the application segment with the largest market share in 2016.
Regular flash grade was the maximum revenue generating segment by grades.

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Based on geography, the market has been segmented into North America, Europe,
Asia Pacific and rest of the world (RoW). The U.S., Mexico and Canada are covered
under North America wherein Europe covers France, Germany, UK and others.
Asia-Pacific covers China, India, Japan and others. Rest of the world (RoW) covers
South America, Middle East and Africa.

Major companies operating in this market are ExxonMobil Corporation, Royal

Dutch Shell Plc, Total S.A., Idemitsu Kosan Co., Ltd., CEPSA, and Neste Oyj
among others.

The key takeaways from the report

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The report will provide detailed analysis of White Spirits Market with respect
to major segments such as application and grade
The report will include the qualitative and quantitative analysis with market
estimation over 2015-2024 and compound annual growth rate (CAGR)
between 2016 and 2024
Comprehensive analysis of market dynamics including factors and
opportunities is included in the report
An exhaustive regional analysis of White Spirits Market will be provided in
the report
Profile of the key players in the White Spirits Market will be provided, which
include key financials, product & services, new developments and business
strategies

Scope of white spirits Market

Application Segment

Paint thinner
Cleaning solvent
Degreasing solvent
Fuel
Disinfectant
Others

Grade Segment

Regular flash grade

High flash grade
Low flash grade

Geographical Segments

o North America
US
Canada
Mexico
o Europe
Germany
France
United Kingdom
Spain

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Others
o Asia-Pacific
China
India
Japan
South Korea
Others
o RoW
South America
Middle East
Africa

Table Of Content:

Chapter 1 Prefix

1.1 Market Scope

1.2 Report Description

1.3 Research Methodology

1.3.1 Primary Research

1.3.2 Secondary Research

1.3.3 In-house Data Modeling

Chapter 2 Executive Summary

Chapter 3 Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint

3.2 Market Share Analysis: Companys Competitive Scenario

3.3 Market Dynamics

3.3.1 Drivers

3.3.1.1 Impact Analysis

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3.3.2 Restraints

3.3.2.1 Impact Analysis

3.3.3 Opportunities

Chapter 7 Company Profiles

7.1 DHC Solvent Chemie GmbH

7.2 Total S.A.

7.3 ExxonMobil Corporation

7.4 Haltermann Carless

7.5 Idemitsu Kosan Co., Ltd.

7.6 Compaa Espaola de Petrleos, S.A.U.

7.7 Royal Dutch Shell Plc

7.8 Neste Oyj

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