The global white spirit market size was USD 6.83 Billion in 2021 and is expected to register a revenue CAGR of 5.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for white spirit in cleaning solvent and degreasing applications is one of the factors driving market revenue growth.

The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the White Spirit market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the White Spirit market, including the key players’ product offerings, the wide application range of these products, the major market segments,

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the White Spirit market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Shell plc, Exxon Mobil Corporation, Bharat Petroleum Corporation Limited, Indian Oil Corporation Ltd, Neste, KAPCO Petroleum Industries FZC, DHC Solvent Chemie GmbH Thai Oil Group, TotalEnergies, and Idemitsu Kosan Co., Ltd

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Emergen Research has segmented the global White Spirit market on the basis of type, application, end-use, and region:

• Product Type Outlook (Revenue, USD Billion; 2019-2030)

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

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Solvent extraction
  • Paint thinner
  • Cleaning solvent
  • Degreasing solvent
  • Others

• Regional Outlook (Revenue, USD Billion; 2019–2030)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. UK
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of Middle East & Africa

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the White Spirit Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global White Spirit Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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