The white spirit market size is projected to grow from the estimated USD 6.7 billion in 2019 to USD 8.1 billion by 2024, at a compound annual growth rate (CAGR) of 4.0%, during the forecast period. White spirit, also known as mineral spirit or mineral turpentine oil (MTO); is a petrochemical solvent, which contains C7 to C12 aliphatic, acyclic, and aromatic hydrocarbons with a boiling range varying between 65-230°C. There are four types of white spirits that are produced as the fractional distillation fractions obtained from naphtha and kerosene cut of crude oil. The composition of these types might vary within some specific limits because of the difference in the raw material used during the production process. White spirits are clear, colorless, and flammable liquids with flash points ranging between 21-68 °C and an aromatic content ranging between 2% to 25%.
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APAC is estimated to account for the largest market share during the forecast period.
The growth of the construction industry in APAC is fueling the paints & coatings demand in these regions, which will directly have an impact on the demand for white spirit. The rapid construction activities in the emerging economies of APAC, Middle East & Africa, and South America is driving the white spirit market. This is supported by the improving standard of living, rising housing construction expenditure, and investments across various industries, such as appliances, automotive, general industrial, architectural, and furniture.
Key Market Players
The leading players in the white spirits market are Royal Dutch Shell (The Netherlands), Total SA (France), ExxonMobil (US), Idemitsu Kosan Co. Ltd (Japan), Bharat Petroleum Corporation Limited (India), Indian Oil Corporation Limited (India), and ThaiOil Company (Japan). Most of these leading players operate globally and have a widespread distribution network.
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Based on application:
- Thinner & Solvent
- Fuels
- Cleaning Agent
- Degreasing Agent
- Others
Based on region:
- North America
- Europe
- APAC
- Middle East & Africa
- South America
Key questions addressed by the report
- What are the different types of white spirits being used globally?
- What are the regulations on the use of white spirit, globally?
- What are the most prominent applications of white spirit? Which is the largest application that is expected to drive the market in the near future?
- What are the global trends in demand for white spirit? Will the market witness an increase or decline in demand in the near future?
- Is there any substitute for white spirit?
Global White Spirit Market Research Report 2019-2023The Global White Spirit Market report begins with the explanation of the market terms and technicalities to update the customer about the latest developments in the market and what is to be expected in the White Spirit in terms of the future expectations.
Understanding of the new products and developments in the White Spirit helps the customer understand which direction is the best to move towards that can help them tackle the competition better.
Hence the Global report also covers an exhaustive list of the top players in the White Spirit along with their detailed company profile and product catalogue, as well as their new developments in the White Spirit.The report is an in-depth study of the White Spirit from across the globe with a special focus towards the Chinese market owing to its vast nature and record breaking growth rate over the past decade.
The Global White Spirit report covers the intricate details about the White Spirit across various parameters such as the value and volume of the White Spirit, along with its different segmentations such as end users, applications, regional segmentation, etc.
The Global report further provides key actionable insights to the customer about the market which assists them in realizing healthy growth in the White Spirit.Ask for Sample Copy of this Report: https://www.orbisresearch.com/contacts/request-sample/2512776 The Global White Spirit report presented by Orbis Research has been prepared by a list of top subject matter experts and market research professionals to ensure that the information provided is accurate to the highest level.
This holds key importance for customers and hence this information is well supported with due statistics that are represented in easy to consume graphs, charts, and tables.
Global Spirit Levels Market 2021 by Company, Regions, Type, and Application, forecast to 2026 published by IMRMarketReports describes market introduction, product scope, market overview, and meticulous analysis of the market in the forecasted period from 2021 to 2026.
The report covers the essential aspects of the global Spirit Levels market such as historical and anticipated market data, market size (value and volume), share (value and volume), demand-supply analysis, value chain analysis, and market opportunities.
The research study attempts to help readers with a thorough analysis of recent trends, as well as the competitive landscape of the global market during the forecast period from 2021 to 2026.Click here to get a FREE Sample Copy of the Spirit Levels Market Research Report @ https://imrmarketreports.com/request/394NOTE: Our analysts who monitor the situation around the world explain that the market will create a conservative outlook for producers after the COVID-19 crisis.
The report aims to provide a further explanation of the latest scenario, the economic downturn, and the impact of COVID-19 on the entire industry.Competitive Landscape:This report will drive companies present in this market.
Outstanding players in the market are studied through a full analysis of the company profile, product portfolio, production and manufacturing capabilities, technology and product development, and revenue estimation.
The report then explains the current market conditions, past performance, demand and supply graphs, sales networks, and distribution channels for these companies.Leading companies reviewed in the market report are:BMI Messzeuge, TOVARNA MERIL KOVINE, STANLEY, WYLER AG, Bahco, SOLA-Messwerkzeuge GmbH, HULTAFORS, Bosch, Crescent, Dewalt, Kapro, Lufkin, Mastercraft, Milwaukee, StabilaIn market segmentation by types, the report covers:Horizontal Spirit Level, Magnetic Spirit Level, OthersIn market segmentation by applications, the report covers the following uses:Construction, Industry Application, OthersEnquire report Discount: @ https://imrmarketreports.com/discount/394Following regions are highlighted in this report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.
Glucoamylase decomposes starch into glucose by shredding glucose units commencing the non-reduced end of polysaccharide chain.
To sustain an optimum enzyme activity, glucoamylase should be stored in dry and cool place in a strongly closed container.
The global glucoamylase market is expected to grow at a single digit CAGR during the forecast period.Glucoamylase is a significant industrial enzyme and is extensively used in brewing, starch saccharification and across distilling industry.
Glucoamylase is derived from a wide variety of sources which includes plants, animals, and microorganisms.
The technique is gaining renewed interest from researchers in the near time.Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-3993Global Glucoamylase Market: Drivers and RestraintsThe major driver driving the global glucoamylase market is the health benefits of glucoamylase.
Some of the health benefits of glucoamylase includes aid in irritable bowel syndrome, aid for digestive upset & gastrointestinal issues, fast aiding of the digestive organs and reduction of food allergies.
