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White Spirit Market to Reach USD 9.1 Billion by 2032, Growing at 4.3% CAGR | Persistence Market Research

07-16-2025 06:55 AM CET | Chemicals & Materials

Press release from: Persistence Market Research

White Spirit Market

White Spirit Market

The global white spirit market is poised for steady growth, driven by increased applications in paints, coatings, degreasers, and cleaning agents across various industrial and commercial sectors. Valued at USD 6.8 billion in 2025, the market is projected to reach USD 9.1 billion by 2032, expanding at a CAGR of 4.3% over the forecast period. This growth reflects a rising need for effective solvents in manufacturing, construction, automotive, and maintenance industries.

The white spirit market is primarily driven by demand in paint thinning, industrial degreasing, and household cleaning applications. Among the different types, Type 1 white spirit remains the most utilized variant due to its moderate evaporation rate and versatility. Regionally, North America leads the market, contributing over 34.7% of the global share in 2025, bolstered by high solvent consumption in coatings and surface treatment operations. Meanwhile, Asia and the Middle East are witnessing increased uptake due to infrastructure development.

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🔑 Key Highlights from the White Spirit Market Report

• North America is expected to dominate with a 34.7% market share in 2025.
• Paint thinners lead the application segment with a 42.8% share.
• Type 1 white spirit dominates the product type category with 38.3% usage.
• Demand is surging in India, Brazil, and Saudi Arabia due to construction booms.
• Industrial degreasing sees sharp growth in U.S. and India.
• Eco-friendly alternatives like d-limonene and aqueous cleaners are posing competition.

Market Segmentation

The white spirit market is segmented primarily based on product type and application. Product-wise, the market includes Type 1, Type 2, Type 3, and Type 0 white spirits. Among these, Type 1 dominates due to its balanced solvent performance, moderate volatility, and widespread industrial compatibility. Type 3, known for its higher flash point and low aromatic content, is also gaining popularity in regions focusing on safety and environmental standards.

By application, the white spirit market is segmented into paint thinner, cleaning agents, degreasers, and others. Paint thinners account for the largest share, driven by the continued use of solvent-based coatings in the automotive and construction industries. The cleaning and degreasing segments are growing due to rising demand for equipment maintenance and surface disinfection in both industrial and institutional environments.

Regional Insights

In North America, the white spirit market remains dominant, with key industries such as automotive refinishing, aerospace, and heavy equipment maintenance driving solvent usage. The presence of established chemical manufacturing infrastructure and high surface coating activity supports this trend.

Europe, capturing over 29.2% of the market, sees robust demand from Germany, France, and Italy. These countries maintain strong industrial bases and are focusing on modernizing infrastructure, fueling white spirit consumption in coatings and surface preparation.

Market Drivers

A key driver of the white spirit market is the surge in solvent-based paint usage across automotive and construction sectors. As urbanization and industrialization progress, demand for durable, fast-drying coatings has risen. Additionally, cost-effective manufacturing and global infrastructure investments, especially in emerging economies, are expanding market reach.

Market Restraints

However, the market faces growing pressure from environmental regulations and health concerns related to volatile organic compound (VOC) emissions. Regulatory bodies in the U.S., Europe, and other regions are encouraging a shift to low-toxicity and bio-based solvents, which is gradually limiting the growth of traditional white spirits.

Market Opportunities

Opportunities lie in emerging markets, particularly Asia-Pacific and the Middle East, where infrastructure development is robust. Also, the formulation of hybrid or eco-modified white spirits that meet environmental norms without compromising performance is expected to create new business prospects for manufacturers.

âś” Reasons to Buy the Report

âś” Gain insights into a USD 9.1 Bn industry projected for 2032 with 4.3% CAGR growth.
âś” Understand the market dynamics, key drivers, and restraints shaping the future.
âś” Access detailed regional insights and segmentation analysis.
âś” Identify competitive strategies and innovations of key market players.
âś” Leverage data-backed forecasts for investment planning and product development.

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# Frequently Asked Questions (FAQs)

How Big is the White Spirit Market in 2025?
What is the Projected Growth Rate of the White Spirit Market Through 2032?
Who are the Key Players in the Global Market for White Spirit?
What is the Market Forecast for White Spirit for 2032?
Which Region is Estimated to Dominate the White Spirit Industry through the Forecast Period?

Company Insights

Key Players Operating in the White Spirit Market:

1. ExxonMobil Corporation
2. Royal Dutch Shell
3. TotalEnergies SE
4. Bharat Petroleum Corporation Limited (BPCL)
5. Indian Oil Corporation Ltd.
6. Sasol Limited
7. Idemitsu Kosan Co., Ltd.
8. Neste Oyj
9. DHC Solvent Chemie GmbH
10. Ganga Rasayanie Pvt. Ltd.

Recent Developments:

• ExxonMobil expanded its solvent production capacity in 2024 to meet increased demand from the coatings industry in the U.S. and Latin America.

• Neste Oyj introduced a low-emission white spirit blend in 2025 aimed at replacing traditional mineral spirits in eco-sensitive regions.

Conclusion

The white spirit market continues to evolve amid global shifts in industrial practices, environmental regulations, and consumer awareness. As infrastructure investment picks up globally and maintenance needs remain consistent, white spirit remains a vital component in coatings and cleaning. However, rising demand for safer, greener solvents could reshape product innovation and market shares in the coming decade.

Companies operating in this sector must align with sustainability standards, optimize production costs, and diversify their product lines to remain competitive. The future of the white spirit market is not only about meeting demand but doing so responsibly and innovatively.

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

Contact Us:

Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

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