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White Spirits Market by Product (Type 1, Type 2, Type 3, and Type 0) and Application (Paint Thinner, Extraction Solvent, Cleansing Solvent, Degreasing Solvent, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_172584
Pages: 175
Jul 2017 | 2638 Views
 
Author's : Yash Doshi
Tables: 104
Charts: 32
 

White Spirits Market Overview:

Global White Spirits Market was valued at $5,360 million in 2016, and is anticipated to reach at $7,671 million, registering a CAGR of 5.3% from 2017 to 2023. White spirit is a clear colorless solvent with extremely low water solubility and a characteristic odor (odor threshold: 0.5-5 mg/m3). White spirit, a mixture of aliphatic and alicyclic C7 to C12 hydrocarbons, is used as an extraction solvent, cleaning solvent, degreasing solvent, and a solvent in aerosols, paints, wood preservatives, lacquers, varnishes, and asphalt products.

The global white spirits market is driven by the growing demand for white spirits in the paints & coatings industry, modest jet kerosene prices, and high demand for white spirits as a turpentine substitute. In addition, shift in consumer focus towards low aromatic white spirits and increasing inclination of companies to shift their manufacturing base in the Asia-Pacific region are expected to provide lucrative opportunities for the market growth. However, hazardous nature, and toxicity concerns related to white spirits are expected to hinder the market growth in the near future.

The global white spirits market is segmented on the basis of product, application, and geography. On the basis of product, it is divided into type 1, type 2, type 3, and type 0 white spirits. Based on application, it is classified into paint thinner, extraction solvent, cleaning solvent, degreasing solvent, fuel, disinfectant, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, the report highlights various factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data, in terms of both value and volume, which are extracted from secondary sources such as company publications, Factiva, Hoovers, OneSource, and others.

Global White Spirits Market Segmentation

Global White Spirits Market Segmentation

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Major market participants, such as ExxonMobil Corporation and Royal Dutch Shell Plc., are focused on R&D activities to provide low aromatic white spirits (LAWS) to attain a sustainable advantage over substitute products. In addition, these key players have focused on expanding their product portfolio and offerings through acquisition of various small & big white spirit plants to expand their customer base.

Global White Spirits Market Share, by Geography, 2016 (%)

Global White Spirits Market Share, By Geography, 2016 (%)

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Top Investment Pocket

In 2016, the paint thinner segment was estimated to be the top investment pocket in the global market due to the increasing use of low aromatic white spirits as a thinning solvent in paints & coatings application. However, the degreasing solvent and cleansing solvent segments are anticipated to register healthy growth rates during the forecast period.

Top Investment Pocket, by Application

White Spirits Market Top Investment Pocket, by Application

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Europe White Spirits Market

In 2016, Europe witnessed the highest demand for white spirits, owing to the growth in demand for these spirits in the paints & coatings industry, implementation of stringent governmental regulations to use turpentine, and presence of large number of manufacturers.

UK White Spirits Market, 2016-2023 ($Million)

UK White Spirits Market, 2016-2023 ($Million)

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The key players profiled in the report are ExxonMobil Corporation, Royal Dutch Shell Plc., Total S.A., Idemitsu Kosan Co., Ltd., Compaa Espaola de Petrleos, S.A.U., Neste Oyj, Haltermann Carless, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and GSB Chemicals.

The other major players operating in the market (not profiled in report) include ICPC UAE, Solvent Solutions LLC., Ganga Rasayanie Pvt. Ltd., Kuwait International Factory, Kapco Petroleum Industries FZC, Stockmeier Chemie, KH Chemicals, and others

Key Market Benefits:

  • This report provides an extensive analysis of the current trends & future projections and dynamics of the global white spirits market.
  • The global market trend analysis for all regions is provided based on the estimations of key segments from 2017 to 2023 to identify the prevailing opportunities.
  • The report assists in understanding the strategies adopted by the leading companies in the industry.
  • This study evaluates the competitive landscape of the white spirits industry to understand the global market scenario.
  • Extensive analysis of the industry is conducted based on key player positioning and monitoring the top competitors in the global market.

White Spirits Market Key Segments:

By Product

  • Type 1
  • Type 2
  • Type 3
  • Type 0

By Application

  • Paint Thinner
  • Extraction Solvent
  • Cleaning Solvent
  • Degreasing Solvent
  • Fuel
  • Disinfectant
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET DYNAMICS

3.3.1. Drivers
3.3.2. Restraints
3.3.3. Opportunities

3.4. MARKET SHARE ANALYSIS, 2016 (%)
3.5. PORTER’S FIVE FORCES ANALYSIS

3.5.1. Bargaining power of suppliers
3.5.2. Bargaining power of buyers
3.5.3. Threat of new entrants
3.5.4. Threat of substitution
3.5.5. Intensity of competitive rivalry

Chapter: 4 WHITE SPIRITS MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. TYPE 1

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. TYPE 2

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. TYPE 3

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.5. TYPE 0

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast

Chapter: 5 WHITE SPIRITS MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. PAINT THINNER

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. EXTRACTION SOLVENT

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. CLEANING SOLVENT

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

5.5. DEGREASING SOLVENT

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast

5.6. Others

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast

Chapter: 6 WHITE SPIRITS MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market size and forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast

6.2.4. Canada

6.2.4.1. Market size and forecast

6.2.5. Mexico

6.2.5.1. Market size and forecast

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market size and forecast
6.3.3. Germany

6.3.3.1. Market size and forecast

6.3.4. France

6.3.4.1. Market size and forecast

6.3.5. UK

6.3.5.1. Market size and forecast

6.3.6. Spain

6.3.6.1. Market size and forecast

6.3.7. Russia

6.3.7.1. Market size and forecast

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market size and forecast
6.4.3. China

6.4.3.1. Market size and forecast

6.4.6. India

6.4.6.1. Market size and forecast

6.4.4. Japan

6.4.4.1. Market size and forecast

6.4.5. South Korea

6.4.5.1. Market size and forecast

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market size and forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast

6.5.4. Argentina

6.5.4.1. Market size and forecast

6.5.5. South Africa

6.5.5.1. Market size and forecast

6.5.6. Rest of LAMEA

6.5.6.1. Market size and forecast

Chapter: 7 COMPANY PROFILES

7.1. ExxonMobil Corporation

7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategies and developments

7.2. Royal Dutch Shell Plc

7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategies and developments

7.3. Total S.A.

7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategies and developments

7.4. Idemitsu Kosan Co., Ltd.

7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategies and developments

7.5. CEPSA

7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategies and developments

7.6. GSB Chemicals

7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategies and developments

7.7. Neste Oyj

7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategies and developments

7.8. Haltermann Carless

7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategies and developments

7.9. DHC Solvent Chemie GmbH

7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategies and developments

7.10. Al Sanea Chemical Products

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategies and developments

LIST OF TABLES

TABLE 1. GLOBAL WHITE SPIRITS MARKET VOLUME, BY PRODUCT TYPE, 2016-2023 (KILOTONS)
TABLE 2. GLOBAL WHITE SPIRITS MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 3. TYPE 1 WHITE SPIRITS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 4. TYPE 1 WHITE SPIRITS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. TYPE 2 WHITE SPIRITS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 6. TYPE 2 WHITE SPIRITS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. TYPE 3 BASED WHITE SPIRITS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 8. TYPE 3 BASED WHITE SPIRITS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. TYPE 0 WHITE SPIRITS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 10. TYPE 0 WHITE SPIRITS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11. GLOBAL WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 12. GLOBAL WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 13. WHITE SPIRITS MARKET VOLUME FOR PAINT THINNER, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 14. WHITE SPIRITS MARKET REVENUE FOR PAINT THINNER, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15. WHITE SPIRITS MARKET VOLUME FOR EXTRACTION SOLVENT, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 16. WHITE SPIRITS MARKET REVENUE FOR EXTRACTION SOLVENT, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. WHITE SPIRITS MARKET VOLUME FOR CLEANING SOLVENT, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 18. WHITE SPIRITS MARKET REVENUE FOR CLEANING SOLVENT, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 19. WHITE SPIRITS MARKET VOLUME FOR DEGREASING SOLVENT, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 20. WHITE SPIRITS MARKET REVENUE FOR DEGREASING SOLVENT, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 21. WHITE SPIRITS MARKET VOLUME FOR OTHERS, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 22. WHITE SPIRITS MARKET REVENUE FOR OTHERS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 23. WHITE SPIRITS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 24. WHITE SPIRITS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA WHITE SPIRITS MARKET VOLUME, BY PRODUCT TYPE, 2016-2023 (KILOTONS)
TABLE 26. NORTH AMERICA WHITE SPIRITS MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 27. NORTH AMERICA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 28. NORTH AMERICA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 29. NORTH AMERICA WHITE SPIRITS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 30. NORTH AMERICA WHITE SPIRITS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 31. U.S. WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 32. U.S. WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 33. CANADA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 34. CANADA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 35. MEXICO WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 36. MEXICO WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 37. EUROPE WHITE SPIRITS MARKET VOLUME, BY PRODUCT TYPE, 2016-2023 (KILOTONS)
TABLE 38. EUROPE WHITE SPIRITS MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 39. EUROPE WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 40. EUROPE WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 41. EUROPE WHITE SPIRITS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 42. EUROPE WHITE SPIRITS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 43. GERMANY WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 44. GERMANY WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 45. FRANCE WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 46. FRANCE WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 47. UK WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 48. UK WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 49. SPAIN WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 50. SPAIN WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 51. RUSSIA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 52. RUSSIA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 53. REST OF EUROPE WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 54. REST OF EUROPE WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 55. ASIA-PACIFIC WHITE SPIRITS MARKET VOLUME, PRODUCT TYPE, 2016-2023 (KILOTONS)
TABLE 56. ASIA-PACIFIC WHITE SPIRITS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 57. ASIA-PACIFIC WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 58. ASIA-PACIFIC WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 59. ASIA-PACIFIC WHITE SPIRITS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 60. ASIA-PACIFIC WHITE SPIRITS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 61. CHINA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 62. CHINA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 63. INDIA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 64. INDIA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 65. JAPAN WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 66. JAPAN WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 67. SOUTH KOREA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 68. SOUTH KOREA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 69. REST OF ASIA-PACIFIC WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 70. REST OF ASIA-PACIFIC WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 71. LAMEA WHITE SPIRITS MARKET VOLUME, PRODUCT TYPE, 2016-2023 (KILOTONS)
TABLE 72. LAMEA WHITE SPIRITS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 73. LAMEA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 74. LAMEA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 75. LAMEA WHITE SPIRITS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 76. LAMEA WHITE SPIRITS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 77. BRAZIL WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 78. BRAZIL WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 79. ARGENTINA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 80. ARGENTINA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 81. SOUTH AFRICA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 82. SOUTH AFRICA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 83. REST OF LAMEA WHITE SPIRITS MARKET VOLUME, BY APPLICATION, 2016-2023 (KILOTONS)
TABLE 84. REST OF LAMEA WHITE SPIRITS MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 85. EXXONMOBIL CORPORATION: COMPANY SNAPSHOT
TABLE 86. EXXONMOBIL CORPORATION: OPERATING SEGMENTS
TABLE 87. ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
TABLE 88. ROYAL DUTCH SHELL PLC: OPERATING SEGMENTS
TABLE 89. TOTAL S.A.: COMPANY SNAPSHOT
TABLE 90. TOTAL S.A.: OPERATING SEGMENTS
TABLE 91. IDEMITSU KOSAN CO., LTD.: COMPANY SNAPSHOT
TABLE 92. IDEMITSU KOSAN CO., LTD.: OPERATING SEGMENTS
TABLE 93. CEPSA: COMPANY SNAPSHOT
TABLE 94. CEPSA: OPERATING SEGMENTS
TABLE 95. NESTE OYJ: COMPANY SNAPSHOT
TABLE 96. NESTE OYJ: OPERATING SEGMENTS
TABLE 97. HALTERMANN CARLESS: COMPANY SNAPSHOT
TABLE 98. HALTERMANN CARLESS: OPERATING SEGMENTS
TABLE 99. DHC SOLVENT CHEMIE GMBH: COMPANY SNAPSHOT
TABLE 100. DHC SOLVENT CHEMIE GMBH: OPERATING SEGMENTS
TABLE 101. AL SANEA CHEMICAL PRODUCTS: COMPANY SNAPSHOT
TABLE 102. AL SANEA CHEMICAL PRODUCTS: OPERATING SEGMENTS
TABLE 103. GSB CHEMICALS: COMPANY SNAPSHOT
TABLE 104. GSB CHEMICALS: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. GLOBAL WHITE SPIRITS MARKET SEGMENTATION
FIGURE 2. GLOBAL WHITE SPIRITS MARKET SIZE, 2016-2023 (KILOTONS/$MILLION)
FIGURE 3. GLOBAL WHITE SPIRITS MARKET, REVENUE SHARE, BY PRODUCT TYPE, 2016
FIGURE 4. GLOBAL WHITE SPIRITS MARKET, REVENUE SHARE, BY APPLICATION, 2016
FIGURE 5. GLOBAL WHITE SPIRITS MARKET, REVENUE SHARE, BY GEOGRAPHY, 2016
FIGURE 6. TOP INVESTMENT POCKETS
FIGURE 7. TOP WINNING STRATEGIES, 2012-2016 (%)
FIGURE 8. TOP WINNING STRATEGIES, BY KEY COMPANY (2012-2016)
FIGURE 9. TOP WINNING STRATEGIES, BY YEAR (2012-2016)
FIGURE 10. BARGAINING POWER OF SUPPLIERS
FIGURE 11. BARGAINING POWER OF BUYERS
FIGURE 12. THREAT OF NEW ENTRANTS
FIGURE 13. THREAT OF SUBSTITUTION
FIGURE 14. INTENSITY OF COMPETITIVE RIVALRY
FIGURE 15. U.S. WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 16. CANADA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 17. MEXICO WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 18. GERMANY WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 19. FRANCE WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 20. UK WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 21. SPAIN WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 22. RUSSIA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 23. REST OF EUROPE WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 24. CHINA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 25. INDIA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 26. JAPAN WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 27. SOUTH KOREA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 28. REST OF ASIA-PACIFIC WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 29. BRAZIL WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 30. ARGENTINA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 31. SOUTH AFRICA WHITE SPIRITS MARKET SIZE, 2016-2023
FIGURE 32. REST OF LAMEA WHITE SPIRITS MARKET SIZE, 2016-2023

 

White spirit, also known as mineral spirit or mineral turpentine, is a petroleum-based clear liquid used as a common organic solvent in painting & decorative purposes. Straight-run kerosene and naphtha, which are refinery streams obtained from the distillation of crude oil, are used for manufacturing various types and grades of white spirits. These fractions are subjected to fractional distillation with appropriate boiling range and different types of treatments to obtain the desired type of white spirit. In 2015, type 1 white spirit, which is obtained by hydrodesulphurization of heavy naphtha, accounted for the major share in the global market, and is expected to maintain this trend during the forecast period.

White spirits have a characteristic, unpleasant kerosene-like odor. Chemical manufacturers have developed a low odor version of white spirit, with lower concentration of highly volatile shorter hydrocarbons. Odorless white spirits are those that have been further refined to remove the toxic aromatic compounds, and are recommended for applications which are safe for humans, such as oil painting.

 

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