China White Spirits Market Forecast 2023-2030

The China white spirits market growth is anticipated to progress at a CAGR of 5.45% during the forecast period, 2023-2030. There is a growing consumption of paints & coatings in the country, attributed to the demands from thriving industries like automotive and real estate.

MARKET INSIGHTS

China houses several paints & coatings companies, with joint ventures holding a fair share of the market. In addition, international players are looking to strengthen their foothold in the market through new acquisitions. They play a central role in accounting for half of the coatings sales. Whereas domestic companies dominate the low end of the market. The middle level encompasses domestic companies entering the market through enhanced products and R&D, while multinationals enter through localized products. Moreover, the market rivalry is defined by rising raw material prices and growing regulatory obligations.

Further, the booming real estate sector encompasses demands for wall painting services. At the same time, the growing environmental concerns have resulted in the government levying taxes on the coatings industry. Accordingly, there has been an increase in the research and development of new technologies for sustainable solutions to restrict the harmful substances of interior architectural coatings. Such aspects define the China paints & coatings market, which benefits the white spirits market growth.

COMPETITIVE INSIGHTS

Some of the major companies in the market include: Hebei Dechuang Chemical Equipment Co Ltd, KH Chemicals, Royal Dutch Shell Plc, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 50286

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. KEY GROWTH ENABLERS
2.5. KEY CHALLENGES

3. KEY ANALYTICS

3.1. IMPACT OF COVID-19 ON WHITE SPIRITS MARKET
3.2. KEY MARKET TRENDS
3.3. PORTER'S FIVE FORCES ANALYSIS
- 3.3.1. BUYERS POWER
- 3.3.2. SUPPLIERS POWER
- 3.3.3. SUBSTITUTION
- 3.3.4. NEW ENTRANTS
- 3.3.5. INDUSTRY RIVALRY
3.4. OPPORTUNITY MATRIX
3.5. PESTLE ANALYSIS - CHINA
3.6. KEY BUYING CRITERIA
3.7. REGULATORY FRAMEWORK

4. MARKET BY PRODUCT TYPE

4.1. TYPE 0 (DISTILLATION FRACTION WITH NO FURTHER TREATMENT)
4.2. TYPE 1 (HYDRODESULFURIZATION)
4.3. TYPE 2 (SOLVENT EXTRACTION)
4.4. TYPE 3 (HYDROGENATION)

5. MARKET BY GRADE

5.1. LOW FLASH POINT
5.2. REGULAR FLASH POINT
5.3. HIGH FLASH POINT

6. MARKET BY APPLICATION

6.1. PAINT THINNER
6.2. CLEANING SOLVENT
6.3. DEGREASING SOLVENT
6.4. FUEL
6.5. DISINFECTANT
6.6. OTHER APPLICATIONS

7. COMPETITIVE LANDSCAPE

7.1. KEY STRATEGIC DEVELOPMENTS
- 7.1.1. MERGERS & ACQUISITIONS
- 7.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 7.1.3. PARTNERSHIPS & AGREEMENTS
- 7.1.4. BUSINESS EXPANSIONS & DIVESTITURES
7.2. COMPANY PROFILES
- 7.2.1. EXXONMOBIL CORPORATION
- 7.2.2. HEBEI DECHUANG CHEMICAL EQUIPMENT CO LTD
- 7.2.3. KH CHEMICALS
- 7.2.4. QUFU CONFUCIUS FAMILY LIQUOR BREWING CO LTD
- 7.2.5. ROYAL DUTCH SHELL PLC

Product Code: 50286

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - WHITE SPIRITS
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: CHINA WHITE SPIRITS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: CHINA WHITE SPIRITS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 5: CHINA WHITE SPIRITS MARKET, BY GRADE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: CHINA WHITE SPIRITS MARKET, BY GRADE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 7: CHINA WHITE SPIRITS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: CHINA WHITE SPIRITS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: KEY BUYING CRITERIA
FIGURE 5: CHINA WHITE SPIRITS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2022
FIGURE 6: CHINA WHITE SPIRITS MARKET, BY TYPE 0 (DISTILLATION FRACTION WITH NO FURTHER TREATMENT), 2023-2030 (IN $ MILLION)
FIGURE 7: CHINA WHITE SPIRITS MARKET, BY TYPE 1 (HYDRODESULFURIZATION), 2023-2030 (IN $ MILLION)
FIGURE 8: CHINA WHITE SPIRITS MARKET, BY TYPE 2 (SOLVENT EXTRACTION), 2023-2030 (IN $ MILLION)
FIGURE 9: CHINA WHITE SPIRITS MARKET, BY TYPE 3 (HYDROGENATION), 2023-2030 (IN $ MILLION)
FIGURE 10: CHINA WHITE SPIRITS MARKET, GROWTH POTENTIAL, BY GRADE, IN 2022
FIGURE 11: CHINA WHITE SPIRITS MARKET, BY LOW FLASH POINT, 2023-2030 (IN $ MILLION)
FIGURE 12: CHINA WHITE SPIRITS MARKET, BY REGULAR FLASH POINT, 2023-2030 (IN $ MILLION)
FIGURE 13: CHINA WHITE SPIRITS MARKET, BY HIGH FLASH POINT, 2023-2030 (IN $ MILLION)
FIGURE 14: CHINA WHITE SPIRITS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 15: CHINA WHITE SPIRITS MARKET, BY PAINT THINNER, 2023-2030 (IN $ MILLION)
FIGURE 16: CHINA WHITE SPIRITS MARKET, BY CLEANING SOLVENT, 2023-2030 (IN $ MILLION)
FIGURE 17: CHINA WHITE SPIRITS MARKET, BY DEGREASING SOLVENT, 2023-2030 (IN $ MILLION)
FIGURE 18: CHINA WHITE SPIRITS MARKET, BY FUEL, 2023-2030 (IN $ MILLION)
FIGURE 19: CHINA WHITE SPIRITS MARKET, BY DISINFECTANT, 2023-2030 (IN $ MILLION)
FIGURE 20: CHINA WHITE SPIRITS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)