PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1119103
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1119103
Global White Spirits Market Size study, By Type (Type 0, Type 1, Type 2, Type 3), Flash Point (Low, Medium, High), Application (Thinner & Solvent, Fuels, Cleaning Agent, Degreasing Agent, Others), and Regional Forecasts 2022-2028
Global White Spirits Market is valued approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
White Spirits is a blend of petroleum hydrocarbons. It is a liquid which is transparent and colorless, chemically stable, and do not corrode. In the paint and varnish, metal cleaning, fabric, and rubber end-use sectors, they are utilised as solvents and diluents. The demand for white spirits in the global market is being driven by an increase in usage in the paints and coatings, adhesives, and inks and dyes end-use sectors. White spirit is frequently used for solvent applications like degreasing solvent, cleaning solvent, and aerosol solvent due to its combination with aliphatic and alicyclic hydrocarbon. Other uses for white spirit include varnish solvent, lacquer solvent, and solvents for wood preservatives. All of these elements influence the demand for white spirits on a global scale. Due to its significant use as a paint thinner and cleaning agent for paint brushes, the paint industry is the biggest consumer of white spirit. The main drivers of the market are new product introductions in the category and rising urbanization in developing nations like China and India. For instance, in 2019, Bacardi Limited a company based in Hamilton, Bermuda launched rum which is flavored in lime. By this product launch the product portfolio of the company has increased. Along with this, wide application of white spirits in the paint industry is creating lucrative growth opportunity for the market over the forecasted period. As this product helps in cleaning paint brush. However, the hazardous effects of White Spirits on human health are impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global White Spirits Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading region across the world in terms of market share owing to the growing consumption of White Spirits, rising urbanization and the rise in disposable income. Whereas, North America is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing distribution channel of White Spirits, as well as the rising presence of the leading market players, would create lucrative growth prospects for the global White Spirits Market across the Asia-Pacific region.
Major market players included in this report are:
Diageo plc
Remy Cointreau
Bacardi Limited
Pernod Ricard
The Brown - Forman
Beam Suntory, Inc.
Radico Khaitan
Stock Spirits Group
Hite Jinro Co Ltd
Constellation Brands Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Type 0
Type 1
Type 2
Type 3
By Flash Point:
Low
Medium
High
By Application:
Thinner & Solvent Type
Fuels
Cleaning Agent
Degreasing Agent
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global White Spirits Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global White Spirits Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global White Spirits Market, by Type, 2020-2028 (USD Billion)
- 1.2.3. Global White Spirits Market, by Flash Point, 2020-2028 (USD Billion)
- 1.2.4. Global White Spirits Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global White Spirits Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global White Spirits Market Dynamics
- 3.1. White Spirits Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand for white spirit in cleaning solvent application
- 3.1.1.2. Rise in use of white spirits in pain thinner application
- 3.1.2. Market Challenges
- 3.1.2.1. Hazardous effects of White Spirits
- 3.1.3. Market Opportunities
- 3.1.3.1. Use of white spirit in paint industry
- 3.1.1. Market Drivers
Chapter 4. Global White Spirits Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global White Spirits Market, by Type
- 6.1. Market Snapshot
- 6.2. Global White Spirits Market by Type, Performance - Potential Analysis
- 6.3. Global White Spirits Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
- 6.4. White Spirits Market, Sub Segment Analysis
- 6.4.1. Type 0
- 6.4.2. Type 1
- 6.4.3. Type 2
- 6.4.4. Type 3
Chapter 7. Global White Spirits Market, by Flash Point
- 7.1. Market Snapshot
- 7.2. Global White Spirits Market by Flash Point, Performance - Potential Analysis
- 7.3. Global White Spirits Market Estimates & Forecasts by Flash Point 2018-2028 (USD Billion)
- 7.4. White Spirits Market, Sub Segment Analysis
- 7.4.1. Low
- 7.4.2. Medium
- 7.4.3. High
Chapter 8. Global White Spirits Market, by Application
- 8.1. Market Snapshot
- 8.2. Global White Spirits Market by Application, Performance - Potential Analysis
- 8.3. Global White Spirits Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
- 8.4. White Spirits Market, Sub Segment Analysis
- 8.4.1. Thinner & Solvent Type
- 8.4.2. Fuels
- 8.4.3. Cleaning Agent
- 8.4.4. Degreasing Agent
- 8.4.5. Others
Chapter 9. Global White Spirits Market, Regional Analysis
- 9.1. White Spirits Market, Regional Market Snapshot
- 9.2. North America White Spirits Market
- 9.2.1. U.S. White Spirits Market
- 9.2.1.1. Type estimates & forecasts, 2018-2028
- 9.2.1.2. Flash Point estimates & forecasts, 2018-2028
- 9.2.1.3. Application estimates & forecasts, 2018-2028
- 9.2.2. Canada White Spirits Market
- 9.2.1. U.S. White Spirits Market
- 9.3. Europe White Spirits Market Snapshot
- 9.3.1. U.K. White Spirits Market
- 9.3.2. Germany White Spirits Market
- 9.3.3. France White Spirits Market
- 9.3.4. Spain White Spirits Market
- 9.3.5. Italy White Spirits Market
- 9.3.6. Rest of Europe White Spirits Market
- 9.4. Asia-Pacific White Spirits Market Snapshot
- 9.4.1. China White Spirits Market
- 9.4.2. India White Spirits Market
- 9.4.3. Japan White Spirits Market
- 9.4.4. Australia White Spirits Market
- 9.4.5. South Korea White Spirits Market
- 9.4.6. Rest of Asia Pacific White Spirits Market
- 9.5. Latin America White Spirits Market Snapshot
- 9.5.1. Brazil White Spirits Market
- 9.5.2. Mexico White Spirits Market
- 9.6. Rest of The World White Spirits Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Diageo PLC
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Type Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Remy Cointreau
- 10.2.3. Bacardi Limited
- 10.2.4. Pernod Ricard
- 10.2.5. The Brown - Forman
- 10.2.6. Beam Suntory, Inc.
- 10.2.7. Radico Khaitan
- 10.2.8. Stock Spirits Group
- 10.2.9. Hite Jinro Co Ltd
- 10.2.10. Constellation Brands Inc.
- 10.2.1. Diageo PLC
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global White Spirits Market, report scope
- TABLE 2. Global White Spirits Market estimates & forecasts by Region 2018-2028 (USD Billion)
- TABLE 3. Global White Spirits Market estimates & forecasts by Type 2018-2028 (USD Billion)
- TABLE 4. Global White Spirits Market estimates & forecasts by Flash Point 2018-2028 (USD Billion)
- TABLE 5. Global White Spirits Market estimates & forecasts by Application 2018-2028 (USD Billion)
- TABLE 6. Global White Spirits Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 7. Global White Spirits Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 8. Global White Spirits Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 9. Global White Spirits Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 10. Global White Spirits Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 11. Global White Spirits Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 12. Global White Spirits Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 13. Global White Spirits Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 14. Global White Spirits Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 15. Global White Spirits Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 16. U.S. White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 17. U.S. White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 18. U.S. White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 19. Canada White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 20. Canada White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 21. Canada White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 22. UK White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 23. UK White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 24. UK White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 25. Germany White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 26. Germany White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 27. Germany White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 28. RoE White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 29. RoE White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 30. RoE White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 31. China White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 32. China White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 33. China White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 34. India White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 35. India White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 36. India White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 37. Japan White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 38. Japan White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 39. Japan White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 40. RoAPAC White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 41. RoAPAC White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 42. RoAPAC White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 43. Brazil White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 44. Brazil White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 45. Brazil White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 46. Mexico White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 47. Mexico White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 48. Mexico White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 49. RoLA White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 50. RoLA White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 51. RoLA White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 52. Row White Spirits Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 53. Row White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 54. Row White Spirits Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 55. List of secondary sources, used in the study of global White Spirits Market
- TABLE 56. List of primary sources, used in the study of global White Spirits Market
- TABLE 57. Years considered for the study
- TABLE 58. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global White Spirits Market, research methodology
- FIG 2. Global White Spirits Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global White Spirits Market, key trends 2021
- FIG 5. Global White Spirits Market, growth prospects 2022-2028
- FIG 6. Global White Spirits Market, porters 5 force model
- FIG 7. Global White Spirits Market, pest analysis
- FIG 8. Global White Spirits Market, value chain analysis
- FIG 9. Global White Spirits Market by segment, 2018 & 2028 (USD Billion)
- FIG 10. Global White Spirits Market by segment, 2018 & 2028 (USD Billion)
- FIG 11. Global White Spirits Market by segment, 2018 & 2028 (USD Billion)
- FIG 12. Global White Spirits Market by segment, 2018 & 2028 (USD Billion)
- FIG 13. Global White Spirits Market by segment, 2018 & 2028 (USD Billion)
- FIG 14. Global White Spirits Market, regional snapshot 2018 & 2028
- FIG 15. North America White Spirits Market 2018 & 2028 (USD Billion)
- FIG 16. Europe White Spirits Market 2018 & 2028 (USD Billion)
- FIG 17. Asia pacific Market 2018 & 2028 (USD Billion)
- FIG 18. Latin America White Spirits Market 2018 & 2028 (USD Billion)
- FIG 19. Global White Spirits Market, company Market share analysis (2021)
