White Spirit Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
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White Spirit Market is segmented by Grade (Low-flash Grade, Regular-flash Grade, and High-flash Grade), Application (Paint Thinner, Cleansing Agent, Degreasing Agent, Fuel, Disinfectant, and Other Applications), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The white spirit market is expected to register a CAGR of over 5.8% during the forecast period (2021-2028).
White spirit is a petroleum-derived clear, transparent liquid that is used as a common organic solvent in painting and other applications.
Expansion of the paints & coatings industry and rise in demand for cleaning and degreasing solvents are some of the factors that have supported long-term expansion for White Spirit Market.
Key Players of White Spirit Market
· Neste
· Exxon Mobil Corporation
· Royal Dutch Shell PLC
· DHC Solvent Chemie GmbH
· Total SA
· ThaiOil Group
· Idemitsu Kosan Co., LTD
· Türkiye Petrol Rafinerileri A.S.
· Bharat Petroleum Corporation Limited (BPCL)
· Indian Oil Corporation Limited (IOCL)
· Eagle Petroleum
· K H Chemicals
· Pon Pure Chemicals Group
· Haltermann Carless Deutschland GmbH and More
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Recent Developments
September 20,2021-ExxonMobil Lubricants Pvt Ltd, a wholly-owned affiliate of ExxonMobil Corporation, on Monday announced the launch of Mobil SuperTM All-in-One Protection SUV Pro synthetic engine oil. The launch comes when sales of sport utility vehicles (SUVs) account for about one-third of new passenger vehicle sales, the company said in a release.
September 2020-Thailand's state-owned oil major PTT is expected to invest more than $16 billion over the next decade into an initiative to promote electric vehicles and other green technology as part of a national drive to turn the country into Southeast Asia's EV hub
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for White Spirit Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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