Global Market Size of White Spirit Market – 10 Year Market Forecast

Chemicals

White Spirit Market Size Forecast 2022-2029

 

The global white spirit market is estimated to reach USD 6.48 billion in 2022. The market is further estimated to reach a value of USD 10.95 billion by 2029, with a CAGR of 8%. White spirit applications include thinners and solvents, cleaning agents, degreasing agents, fuels etc. The growing market for the construction industry causes an increase in requirements for paints and coatings which directly boosts the white spirit market. APAC region accounts for the largest market shares. Due to the growing populace and rapidly increasing urbanization in developing nations of APAC like China and India, the market growth for white spirit is expected to rise significantly during the forecast period.

White Spirit Market Size of United States

White Spirit Market Analysis of United Kingdom

White Spirit Market Trends of Germany

White Spirit Market Forecast of France

White Spirit Market Growth of Italy

Market Size of White Spirit in Poland

Market Analysis of White Spirit in Switzerland

Market Trends of White Spirit in Sweden

Market Forecast of White Spirit in Spain

Market Growth of White Spirit Netherland

Belgium White Spirit Market

Finland White Spirit Market

Japan White Spirit Market

South Korea White Spirit Market

China White Spirit Market

White Spirit Market Size of Russia

White Spirit Market Analysis of Malaysia

White Spirit Market Trends of Singapore

White Spirit Market Forecast of India

White Spirit Market Growth of Brazil

Market segments - White Spirit Market

By Type
– Type 0
– Type 1
– Type 2
– Type 3

By Region
– North America
– Europe
– Middle East
– APAC
– ROW

By Application
– Thinner and Solvent
– Fuels
– Cleaning Agent
– Degreasing Agent
– Others

Global Market size of White Spirit Market 2022 6.48
Global Market size of White Spirit Market 2029 10.95
Cumulative Market Size of the White Spirit Market 76
Global Market Growth of White Spirit Market (CAGR) 8%

Frequently Asked Questions(FAQ)

  • What is Global Market Database?

  • Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
  • What are the different types of white spirits available in the market?

  • The different types of white spirits available in the market are type 0, type 1, type 2 and type 3.
  • Which region accounts for the largest market shares in the white spirit market?

  • The APAC region accounts for the largest market shares in the white spirit market.
  • What is the main growth factor of the white spirits market?

  • The increase in demand for paints and coatings from the construction and industrial sectors is the main growth factor for the white spirits market.
  • Which is the most widely used application for white spirits?

  • The most widely used application for white spirits are thinners and solvents.

Global Market Size of White Spirit Market – 10 Year Market Forecast

Release date
Jan 2024

Region
Global

Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.

Supplementary notes
The regions covered are North America, Europe, APAC & ROW.


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