WHITE SPIRITS MARKET ANALYSIS

White Spirits Market, By Material (Type 0, Type 1, Type 2, and Type 3), By Flash Point (Low Flash Point, Medium Flash Point, and High Flash Point), By Application (Paint Thinner, Cleansing Agent, Degreasing Agent, Fuel, Disinfectant, and Other), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI3273
Pages :120
Formats :
Excel and PDF
Industry : Bulk Chemicals

White Spirits Market Size and Trends

White spirits market is estimated to be valued at USD 6.83 Bn in 2025 and is expected to reach USD 9.18 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2025 to 2032.

White Spirits Market Key Factors

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White spirits market growth is driven by rising consumption of the white spirits in paints, coatings and other applications. Increasing construction activities along with rapid industrialization in developing nations of Asia Pacific can also drive the market growth. Moreover, changing preference towards eco-friendly solvents from hazardous organic compounds can provide growth opportunities to the players. However, stringent environmental regulations regarding VOC emissions and availability of substitutes can hamper the market growth.