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White Spirits Market is estimated to grow exponentially for the forecasted years (2019-2027) with major key players like Al Sanea, Cepsa, DHC SOLVENT CHEMIE, Exxon Mobil, GSB Chemical, HCS Group

04-08-2019 04:06 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

White Spirits Market is estimated to grow exponentially for

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.

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.

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Major Key Players Profiles in this Report includes, Al Sanea, Cepsa, DHC SOLVENT CHEMIE GMBH, Exxon Mobil Corporation, GSB Chemical Co. Pty. Ltd, HCS Group, Idemitsu Kosan Co Ltd, Neste, Royal Dutch Shell, Total among others.

The report firstly introduced Global white spirits Market basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The global white spirits market is segmented by product, application, and grade. Based on the product, the market is segmented as Type 1, Type 2, Type 3, and Type 0. By application, the market is segmented as paint thinner, cleaning solvent, degreasing solvent, fuel, disinfectant, and others. The market on the basis of the grade is classified as low flash, regular flash, and high flash grade.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global white spirits market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The white spirits market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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 Market, 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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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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