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White Spirits Market Expected to Reach $7,671 Million by 2023

This report provides an extensive analysis of the current trends & future projections and dynamics of the global white spirits market. The global market trend analysis for all regions is provided based on the estimations of key segments from 2017 to 2023 to identify the prevailing opportunities. The report assists in understanding the strategies adopted by the leading companies in the industry.<br><br><br>

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White Spirits Market Expected to Reach $7,671 Million by 2023

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Top key Market Trends of White Spirits Market Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. White Spirits Market “Major market participants have focused on R&D activities to provide white spirits with low aromatic content to attain a sustainable advantage over the competition. In addition, the players in the market have focused on expanding their product portfolio through mergers and acquisitions and to increase their customer base.”

  3. White Spirits Market Overview According to a new report published by Allied Market Research, titled, White Spirits Market by Product and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global white spirits market was valued at $5,360 million in 2016, and is estimated to reach $7,671 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. In 2016, the type 3 segment is anticipated to grow at the highest rate during the forecast period. Access Full Summary at: https://www.alliedmarketresearch.com/white-spirits-market White spirit is a mixture of saturated aliphatic & alicyclic C7-C12 hydrocarbons containing 15-20% aromatic C7-C12 hydrocarbons (by weight) and exhibiting a boiling range of 130-230C. There are three different types and grades of white spirits. The classification based on type depends on whether the solvent is subjected to only hydrodesulfurization (type 1), solvent extraction (type 2), or hydrogenation (type 3).  

  4. White Spirits Market The global white spirits market is segmented on the basis of product, application, and geography. On the basis of product, it is divided into type 1, type 2, type 3, and type 0 white spirits. Based on application, it is classified into paint thinner, extraction solvent, cleaning solvent, degreasing solvent, fuel, disinfectant, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, the report highlights various factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data, in terms of both value and volume, which are extracted from secondary sources such as company publications, Factiva, Hoovers, OneSource, and others. 

  5. White Spirits Market Snapshot In 2016, the paint thinner segment was estimated to be the top investment pocket in the global market due to the increasing use of low aromatic white spirits as a thinning solvent in paints & coatings application. However, the degreasing solvent and cleansing solvent segments are anticipated to register healthy growth rates during the forecast period. The key players profiled in the report are ExxonMobil Corporation, Royal Dutch Shell Plc., Total S.A., Idemitsu Kosan Co., Ltd., CompaaEspaola de Petrleos, S.A.U., Neste Oyj, Haltermann Carless, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and GSB Chemicals. The other major players operating in the market (not profiled in report) include ICPC UAE, Solvent Solutions LLC., Ganga Rasayanie Pvt. Ltd., Kuwait International Factory, Kapco Petroleum Industries FZC, StockmeierChemie, KH Chemicals, and others 

  6. Key Benefits Of White Spirits Market • This report provides an extensive analysis of the current trends & future projections and dynamics of the global white spirits market. • The global market trend analysis for all regions is provided based on the estimations of key segments from 2017 to 2023 to identify the prevailing opportunities. • The report assists in understanding the strategies adopted by the leading companies in the industry. • This study evaluates the competitive landscape of the white spirits industry to understand the global market scenario. • Extensive analysis of the industry is conducted based on key player positioning and monitoring the top competitors in the global market. 

  7. White Spirits Market North America Europe Asia-Pacific LAMEA

  8. White Spirits Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/2584 Follow Us On

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