GLOBAL WHITE SPIRITS MARKET 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research

Global White Spirits Market is Estimated to Reach $11 Billion by 2025 Copyright © 2019 Accurize Market Research  Global White Spirits Market report published by Accurize Market Research forecast that the global market is expected to reach $11 billion by 2025; growing at a CAGR of 6.5% from 2017 to 2025.White Spirits Market  By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.  Request Sample: spirits-market/sample-request

Global White Spirits Market Copyright © 2019 Accurize Market Research  Paint & coating industry demand, a reasonable price hike of jet kerosene to drive the market  Unobtrusive jet kerosene prices, steady demand from the paints and coatings industry, changing demographics, improving global economic conditions, and the increasing demand for these spirits as a turpentine substitute, are the chief factors driving the global white spirits market.  However, the high cost of white spirits is expected to restrain market growth. Shifting focus towards low aromatic white spirits would provide several growth opportunities for the market in the coming years.

Market Segmentation Copyright © 2019 Accurize Market Research  The global white spirits market is bifurcated by application, grades, and geography. The application segment includes paint thinner, cleaning solvent, degreasing solvent, fuel, disinfectant, and others.  The grade segment of the white spirits market is divided into regular flash grade, high flash grade, and low flash grade. Geographically, the market is segmented into North America, Europe, Asia-Pacific and Rest of the world (RoW).  Customize Report:  spirits-market/ask-for-customization spirits-market/ask-for-customization

Market Segmentation Copyright © 2019 Accurize Market Research  "Paint thinner accounted for the largest market share in the application segment", says Accurize  The paint thinner segment dominated the application segment with the largest market share in  The regular flash grade was the maximum revenue generating grades segment.  "Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize

Market Segmentation Copyright © 2019 Accurize Market Research  Asia-Pacific accounted for the largest market share of 36% in 2017, owning to the growing infrastructural developments in the region.  Improvement in an economic condition also has also led to the growth in demand for white spirits in the region.  North America is the second-largest market with a total market share of 29%. In terms of growth, the rest of the world (RoW) is expected to attain the fastest CAGR during the forecast period.

Top players in the market Copyright © 2019 Accurize Market Research  Major companies operating in the market include :  ExxonMobil Corporation  Royal Dutch Shell Plc  Total S.A  Idemitsu Kosan Co., Ltd  CEPSA  NesteOyj

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