White Spirits Market Growth and Analysis to 2027 – Top Companies Al Sanea, Cepsa, DHC SOLVENT CHEMIE GMBH, Exxon Mobil Corporation, GSB Chemical Co. Pty. Ltd, HCS Group and Idemitsu Kosan Co Ltd

White spirit, generically known as paint thinner, is a clear liquid derived from petroleum and is commonly used as an organic solvent in paintings. White spirits are industrially utilized in cleaning and degreasing machine parts and also as thread cutting and reaming lubricant in conjunction with cutting oil. They are an inexpensive alternative for vegetable-based turpentine. With the capability of dissolving varnish and sludge buildup, these form a major ingredient in some popular automotive fuel/oil additives. Moreover, white spirits are commonly employed in ultra-precision lathes for cutting fluid.

The global white spirits market is directly linked to the paints and coatings market. Growing demand from automotive and transportation industries along with rising infrastructure and architectural developments drives the paints and coatings industry which in turn propel the white spirits market. Moreover, government initiatives for renovating tourist destinations would further contribute to market growth. However, the white spirit market suffers due to the environmental regulations regarding high VOC emission due to high aromatic content. On the other hand, a global shift towards low aromatic white spirits is likely to offer growth opportunities for the major market players during the forecast period.

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Top Leading Market Players:

1. Al Sanea
2. Cepsa
4. Exxon Mobil Corporation
5. GSB Chemical Co. Pty. Ltd
6. HCS Group
7. Idemitsu Kosan Co Ltd
8. Neste
9. Royal Dutch Shell
10. Total

Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global White Spirits Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

White Spirits Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

The White Spirits Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2027?
  • What are the key factors driving the global White Spirits market?
  • What are the key market trends impacting the growth of the White Spirits market?
  • What are the challenges to market growth?
  •  Who are the key vendors in this market space?
  •  What are the market opportunities and threats faced by the vendors in the global White Spirits market?

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Reason to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global White Spirits Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the White Spirits, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Wednesday April 17 2019, 11:31 AM EDT. All trademarks acknowledged. Filed under Advanced Materials, Business Services, Chemicals, Chemicals & Materials, Featured Press Release, Manufacturing. Comments and Trackbacks closed. Follow responses: RSS 2.0

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