White Spirits Market 2017 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast to 2021

PUNE, INDIA, January 11, 2017 /EINPresswire.com/ -- The global white spirits market has been estimated at USD XX million in 2016 and is projected to reach USD XX million by 2021, at a CAGR of X.X% during the forecast period. The market size has been estimated to be xx tons in 2016, regarding volume and is expected to reach xx tons by 2021.


White spirits are clear and colourless water-like liquids, and they are chemically stable and non-corrosive and possess a mild odour, due to their high-content of aromatic hydrocarbons. These spirits are complex substances derived from oil and consist of aliphatic, acrylic and aromatic hydrocarbons with carbon numbers ranging from C7 to C12. They are slightly soluble in water with a density of 0.8 g/ml and have a vapour pressure in the range of 0.3 – 3.0 kPa.


Market Dynamics


The global white spirits market is mainly driven by the growing demand from the paints and coatings industry, the improving global economic condition and the growing infrastructure developments. However, the market faces certain drawbacks due to the toxicity and hazardous nature of white spirits.

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Market Segmentation


The global white spirits market has been segregated by the product type, application and geography. By product type, the market is segmented into type-1, type-2, type-3 and type-0. The type-1 segment is expected to lead with a market share of XX.XX million, by value, and YY.YY, by volume, over the forecast period. However, the type-3 market is expected to register the fastest-growth due to its low VOC content and low aromatic properties. By application, the global white spirits market is classified into paint thinner, cleansing agent, degreasing agent, fuel, disinfectant and other applications.


The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. In the global white spirits market, Asia-Pacific is estimated to be the fastest-growing regional market during the forecast period, followed by North America and Europe. A substantial rise in the demand for white spirits is anticipated in Asia-Pacific, due to the growing infrastructure development in the region.


Opportunities & Major Players


The growing demand for application-specific product customization and the increasing demand as a substitute for turpentine anticipates huge opportunities for the global white spirits market.


Some of the major companies dominating the market are:


ExxonMobil Corporation


Royal Dutch Shell Plc


Total S.A.


Idemitsu Kosan Co., Ltd.


CEPSA


Neste Oyj


Haltermann Carless


DHC Solvent Chemie GmbH



Key Deliverables in the Study



Market analysis for the global white spirits market, with analysis on a global and regional scale.


Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.


Identification of rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.


Identification and analysis of the macro and micro factors that affect the global white spirits market on both, global and regional scales.


A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.


A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.


A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.


Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.

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Key points in table of content
1. Introduction


1.1 Description


1.2 Research Methodology


1.3 Scope of the Market


2. Executive Summary


3. Market Insights


3.1 Current Market Scenario


3.2 Industry Value Chain Analysis


3.2.1 Profitability Margin


3.3 Industry Attractiveness – Porter’s Five Forces Analysis


3.3.1 Bargaining Power of Suppliers


3.3.2 Bargaining Power of Consumers


3.3.3 Threat of New Entrants


3.3.4 Threat of Substitute Products and Services


3.3.5 Degree of Competition


4. Market Dynamics


4.1 Drivers


4.1.1 Growing Demand from the Paints and Coatings Industry


4.1.2 Improving Global Economic Conditions


4.1.3 Growing Infrastructure Development


4.2 Restraints


4.2.1 Toxic and Hazardous in Nature


4.3 Opportunities


4.3.1 Customization of Products More Specific to Application.


4.3.2 Growing Demand as a Substitute for Turpentine


5. Market Segmentation and Analysis


5.1 By Grade


5.1.1 Low-Flash Grade


5.1.2 Regular-Flash Grade


5.1.3 High-Flash Grade


5.2 By Type


5.2.1 Type 1


5.2.2 Type 2


5.2.3 Type 3


5.2.4 Type 0


5.3 By Application


5.3.1 Paint Thinner


5.3.2 Cleansing Agent


5.3.3 Degreasing Agent


5.3.4 Fuel


5.3.5 Disinfectant


5.3.6 Others


6. Regional Market Analysis (Market Size, Growth and Forecast)


6.1 Asia-Pacific


6.1.1 China


6.1.2 India


6.1.3 Japan


6.1.4 South Korea


6.1.5 Rest of Asia-Pacific


6.2 North America


6.2.1 United States


6.2.2 Canada


6.2.3 Mexico


6.2.4 Rest of North America


6.3 Europe


6.3.1 Germany


6.3.2 United Kingdom


6.3.3 Italy


6.3.4 France


6.3.5 Rest of Europe


6.4 South America


6.4.1 Brazil


6.4.2 Argentina


6.4.3 Rest of South America


6.5 Middle East & Africa


6.5.1 Saudi Arabia


6.5.2 South Africa


6.5.3 UAE


6.5.4 Rest of Middle East and Africa


7. Competitive Landscape


7.1 Mergers & Acquisitions


7.2 Joint Ventures, Collaborations, and Agreements


7.3 Market Share Analysis


7.4 Strategies Adopted by Leading Players


8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)


8.1 ExxonMobil Corporation


8.2 Royal Dutch Shell Plc


8.3 Total S.A.


8.4 Idemitsu Kosan Co., Ltd.


8.5 CEPSA


8.6 Neste Oyj


8.7 Haltermann Carless


8.8 DHC Solvent Chemie GmbH


8.9 Al Sanea Chemical Products


8.10 GSB Chemicals


8.11 ICPC UAE


8.12 Solvent Solutions LLC.


8.13 Ganga Rasayanie (P) Ltd.


8.14 Kuwait International Factory


8.15 Kapco Petroleum Industries FZC.


8.16 STOCKMEIER Chemie


8.17 KISMAT PETROLEUM AND PETROCHEMICAL INDUSTRY FZ-LLC


8.18 MEHTA PETRO REFINERIES LTD.


8.19 PT Pertamina


8.20 KH Chemicals


9. Disclaimer

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