Press release
White Spirit Market Is Booming Worldwide: Neste, Exxon Mobil Corporation, Royal Dutch Shell PLC, DHC Solvent Chemie GmbH, Total SA
White spirit is a petroleum-derived clear, transparent liquid that is used as a common organic solvent in painting and other applications.Expansion of the paints & coatings industry and rise in demand for cleaning and degreasing solvents are some of the factors that have supported long-term expansion for White Spirit Market.
White Spirit Market research report deals with many parameters in depth to satisfy the requirements of business or clients. Moreover, it also displays all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values. A team of experienced and consummate market research professionals persistently track key industries to spot key developments, unmet needs and possible growth opportunities.
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Top players covered in White Spirit Market report: Neste, Exxon Mobil Corporation, Royal Dutch Shell PLC, DHC Solvent Chemie GmbH, Total SA, ThaiOil Group, Idemitsu Kosan Co., LTD, Türkiye Petrol Rafinerileri A.S., Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Eagle Petroleum, K H Chemicals, Pon Pure Chemicals Group, and Others.
September 20,2021-ExxonMobil Lubricants Pvt Ltd, a wholly-owned affiliate of ExxonMobil Corporation, on Monday announced the launch of Mobil SuperTM All-in-One Protection SUV Pro synthetic engine oil. The launch comes when sales of sport utility vehicles (SUVs) account for about one-third of new passenger vehicle sales, the company said in a release.
September 2020-Thailand's state-owned oil major PTT is expected to invest more than $16 billion over the next decade into an initiative to promote electric vehicles and other green technology as part of a national drive to turn the country into Southeast Asia's EV hub.
White Spirit Market is segmented by Grade (Low-flash Grade, Regular-flash Grade, and High-flash Grade), Application (Paint Thinner, Cleansing Agent, Degreasing Agent, Fuel, Disinfectant, and Other Applications), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The white spirit market is expected to register a CAGR of over 5.8% during the forecast period (2021-2028).
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Scope of the Report:
White Spirit Market is segmented into grade, application and region.
On the basis of grade, the white spirit market is segmented into:
Low-flash grade
Regular-flash grade
High-flash grade
On the basis of application, the white spirit market is segmented into:
Paint thinner
Cleansing agent
Degreasing agent
Fuel
Disinfectant
On the basis of region, the white spirit market is segmented into:
Asia Pacific
North America
Europe
South America
Middle East & Africa
Asia Pacific is expected to be a rapidly growing region of the global white spirits market in the near future. Growth in infrastructure development in countries in the region is likely to drive the white spirits market in Asia Pacific.
White Spirit Market Reasons to Acquire:
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
Gain authentic and granular data access for White Spirit Market so as to understand the trends and the factors involved behind changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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