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White Spirits-Global Market Insights and Sales Trends 2025
Synopsis
The global White Spirits market size is expected to reach US$ 6075.4 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of White Spirits in various end use industries. The expanding demands from the Paint thinner, Cleaning solvent, Degreasing solvent and Fuel, are propelling White Spirits market. Regular flash grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High flash grade segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for White Spirits market, driven by demand from China, the second largest economy with some signs of stabilising, the White Spirits market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for White Spirits, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global White Spirits market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global White Spirits market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, White Spirits sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of White Spirits covered in this report include ExxonMobil, Royal Dutch Shell, Total, Idemitsu Kosan, CEPSA and Neste Oyj, etc.
The global White Spirits market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ExxonMobil
Royal Dutch Shell
Total
Idemitsu Kosan
CEPSA
Neste Oyj
Global White Spirits market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global White Spirits market, Segment by Type:
Regular flash grade
High flash grade
Low flash grade
Global White Spirits market, by Application
Paint thinner
Cleaning solvent
Degreasing solvent
Fuel
Disinfectant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of White Spirits manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of White Spirits in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global White Spirits market size is expected to reach US$ 6075.4 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of White Spirits in various end use industries. The expanding demands from the Paint thinner, Cleaning solvent, Degreasing solvent and Fuel, are propelling White Spirits market. Regular flash grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High flash grade segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for White Spirits market, driven by demand from China, the second largest economy with some signs of stabilising, the White Spirits market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for White Spirits, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global White Spirits market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global White Spirits market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, White Spirits sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of White Spirits covered in this report include ExxonMobil, Royal Dutch Shell, Total, Idemitsu Kosan, CEPSA and Neste Oyj, etc.
The global White Spirits market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ExxonMobil
Royal Dutch Shell
Total
Idemitsu Kosan
CEPSA
Neste Oyj
Global White Spirits market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global White Spirits market, Segment by Type:
Regular flash grade
High flash grade
Low flash grade
Global White Spirits market, by Application
Paint thinner
Cleaning solvent
Degreasing solvent
Fuel
Disinfectant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of White Spirits manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of White Spirits in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 White Spirits Market Overview
1.1 White Spirits Product Overview
1.2 White Spirits Market Segment by Type
1.2.1 Regular flash grade
1.2.2 High flash grade
1.2.3 Low flash grade
1.3 Global White Spirits Market Size by Type
1.3.1 Global White Spirits Market Size Overview by Type (2018-2029)
1.3.2 Global White Spirits Historic Market Size Review by Type (2018-2023)
1.3.3 Global White Spirits Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America White Spirits Sales Breakdown by Type (2018-2023)
1.4.2 Europe White Spirits Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific White Spirits Sales Breakdown by Type (2018-2023)
1.4.4 Latin America White Spirits Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa White Spirits Sales Breakdown by Type (2018-2023)
2 Global White Spirits Market Competition by Company
2.1 Global Top Players by White Spirits Sales (2018-2023)
2.2 Global Top Players by White Spirits Revenue (2018-2023)
2.3 Global Top Players by White Spirits Price (2018-2023)
2.4 Global Top Manufacturers White Spirits Manufacturing Base Distribution, Sales Area, Product Type
2.5 White Spirits Market Competitive Situation and Trends
2.5.1 White Spirits Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by White Spirits Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in White Spirits as of 2022)
2.7 Date of Key Manufacturers Enter into White Spirits Market
2.8 Key Manufacturers White Spirits Product Offered
2.9 Mergers & Acquisitions, Expansion
3 White Spirits Status and Outlook by Region
3.1 Global White Spirits Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global White Spirits Historic Market Size by Region
3.2.1 Global White Spirits Sales in Volume by Region (2018-2023)
3.2.2 Global White Spirits Sales in Value by Region (2018-2023)
3.2.3 Global White Spirits Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global White Spirits Forecasted Market Size by Region
3.3.1 Global White Spirits Sales in Volume by Region (2024-2029)
3.3.2 Global White Spirits Sales in Value by Region (2024-2029)
3.3.3 Global White Spirits Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global White Spirits by Application
4.1 White Spirits Market Segment by Application
4.1.1 Paint thinner
4.1.2 Cleaning solvent
4.1.3 Degreasing solvent
4.1.4 Fuel
4.1.5 Disinfectant
4.1.6 Others
4.2 Global White Spirits Market Size by Application
4.2.1 Global White Spirits Market Size Overview by Application (2018-2029)
4.2.2 Global White Spirits Historic Market Size Review by Application (2018-2023)
4.2.3 Global White Spirits Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America White Spirits Sales Breakdown by Application (2018-2023)
4.3.2 Europe White Spirits Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific White Spirits Sales Breakdown by Application (2018-2023)
4.3.4 Latin America White Spirits Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa White Spirits Sales Breakdown by Application (2018-2023)
5 North America White Spirits by Country
5.1 North America White Spirits Historic Market Size by Country
5.1.1 North America White Spirits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America White Spirits Sales in Volume by Country (2018-2023)
5.1.3 North America White Spirits Sales in Value by Country (2018-2023)
5.2 North America White Spirits Forecasted Market Size by Country
5.2.1 North America White Spirits Sales in Volume by Country (2024-2029)
5.2.2 North America White Spirits Sales in Value by Country (2024-2029)
6 Europe White Spirits by Country
6.1 Europe White Spirits Historic Market Size by Country
6.1.1 Europe White Spirits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe White Spirits Sales in Volume by Country (2018-2023)
6.1.3 Europe White Spirits Sales in Value by Country (2018-2023)
6.2 Europe White Spirits Forecasted Market Size by Country
6.2.1 Europe White Spirits Sales in Volume by Country (2024-2029)
6.2.2 Europe White Spirits Sales in Value by Country (2024-2029)
7 Asia-Pacific White Spirits by Region
7.1 Asia-Pacific White Spirits Historic Market Size by Region
7.1.1 Asia-Pacific White Spirits Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific White Spirits Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific White Spirits Sales in Value by Region (2018-2023)
7.2 Asia-Pacific White Spirits Forecasted Market Size by Region
7.2.1 Asia-Pacific White Spirits Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific White Spirits Sales in Value by Region (2024-2029)
8 Latin America White Spirits by Country
8.1 Latin America White Spirits Historic Market Size by Country
8.1.1 Latin America White Spirits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America White Spirits Sales in Volume by Country (2018-2023)
8.1.3 Latin America White Spirits Sales in Value by Country (2018-2023)
8.2 Latin America White Spirits Forecasted Market Size by Country
8.2.1 Latin America White Spirits Sales in Volume by Country (2024-2029)
8.2.2 Latin America White Spirits Sales in Value by Country (2024-2029)
9 Middle East and Africa White Spirits by Country
9.1 Middle East and Africa White Spirits Historic Market Size by Country
9.1.1 Middle East and Africa White Spirits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa White Spirits Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa White Spirits Sales in Value by Country (2018-2023)
9.2 Middle East and Africa White Spirits Forecasted Market Size by Country
9.2.1 Middle East and Africa White Spirits Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa White Spirits Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ExxonMobil
10.1.1 ExxonMobil Company Information
10.1.2 ExxonMobil Introduction and Business Overview
10.1.3 ExxonMobil White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ExxonMobil White Spirits Products Offered
10.1.5 ExxonMobil Recent Development
10.2 Royal Dutch Shell
10.2.1 Royal Dutch Shell Company Information
10.2.2 Royal Dutch Shell Introduction and Business Overview
10.2.3 Royal Dutch Shell White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Royal Dutch Shell White Spirits Products Offered
10.2.5 Royal Dutch Shell Recent Development
10.3 Total
10.3.1 Total Company Information
10.3.2 Total Introduction and Business Overview
10.3.3 Total White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Total White Spirits Products Offered
10.3.5 Total Recent Development
10.4 Idemitsu Kosan
10.4.1 Idemitsu Kosan Company Information
10.4.2 Idemitsu Kosan Introduction and Business Overview
10.4.3 Idemitsu Kosan White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Idemitsu Kosan White Spirits Products Offered
10.4.5 Idemitsu Kosan Recent Development
10.5 CEPSA
10.5.1 CEPSA Company Information
10.5.2 CEPSA Introduction and Business Overview
10.5.3 CEPSA White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CEPSA White Spirits Products Offered
10.5.5 CEPSA Recent Development
10.6 Neste Oyj
10.6.1 Neste Oyj Company Information
10.6.2 Neste Oyj Introduction and Business Overview
10.6.3 Neste Oyj White Spirits Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Neste Oyj White Spirits Products Offered
10.6.5 Neste Oyj Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 White Spirits Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 White Spirits Industrial Chain Analysis
11.4 White Spirits Market Dynamics
11.4.1 White Spirits Industry Trends
11.4.2 White Spirits Market Drivers
11.4.3 White Spirits Market Challenges
11.4.4 White Spirits Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 White Spirits Distributors
12.3 White Spirits Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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