Global White Spirits Markets Report : 2017 Estimates & Projections to 2022
Added: (Fri Jan 12 2018)
Bharat Book Bureau Provides the Trending Market Research Report on “Global White Spirits Market Forecast to 2022” under Industry & Mfg. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Global Market for White Spirits reached nearly $5.3 billion in 2016. This market is estimated to reach $7.5 billion in 2022 from nearly $5.5 billion in 2017 at a compound annual growth rate (CAGR) of 6.6% for 2017-2022.
-An overview of the global markets for white spirits as well as the expected consumption.
-Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
-Coverage of the market in terms of value, based on products, applications, technologies, and regions.
-Information on major market drivers, including modest jet kerosene prices, demand from the paints and coatings industry, and improving global economic conditions.
-Detailed analysis of major trends, challenges and supplier landscapes.
-Company profiles of major players in the industry.
White spirits are clear and colorless liquids derived from petroleum. They are complex substances constituted by aliphatic, alicyclic and aromatic hydrocarbons with C7 to C12 ranges of carbon atoms. They are used as solvents for the purpose of extraction, cleaning and degreasing. They are also utilized in aerosols, paints, wood preservatives, lacquers, varnishes, and asphalt products. White spirits as solvents are widely used in the paint industry and also have a wide range of applications in houses, offices, industries, hospitals, and work and public places.
White spirits are classified based on their type and grade. The type of white spirit is governed by the solvent. If a solvent is subjected to hydrodesulfurization, then it is classified as a type 1 white spirit; if it is subjected to solvent extraction, it is classified as a type 2 white spirit; and if it is subjected to hydrogenation, it is classified as a type 3 white spirit. In addition to these types, type 0 white spirits commonly refer to the distillation fraction with no further treatment. Each type can be differentiated by three grades: low flash grade, regular grade and high flash grade. These grades are calculated based on the crude oil used and other conditions related to the process of distillation.
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Regarding white spirits’ properties, they have a flash point of approximately 21°C to 68°C and density of approximately 0.8 grams per milliliter, low water solubility, and vapor pressure in the range of 0.3-3 kPa. They possess a distinct odor, and have an odor threshold of about 0.5 to 5 milligrams per cubic meter (mg/m3) in air due to their high content of aromatic hydrocarbons. The composition of these substances is highly dependent on the starting material and the processes used in manufacturing. Therefore, the composition varies for different types of white spirits.
European regulation of the production and utilization of chemical substances, known as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), categorizes white spirits as substances of unknown or variable composition (UVCB substances), complex reaction products or biological materials. However, the Hydrocarbon Solvents Producers Association (HSPA) has developed a new naming system for these hydrocarbon solvents. Accordingly, they belong to the following group category: C9-C14 aliphatic (2% to 25% aromatic) hydrocarbon solvents.
The above-mentioned types of white spirits are manufactured through the distillation of crude oil. White spirits are obtained as distillation fractions from naphtha and kerosene components of crude petroleum. Type 0 white spirits are not treated beyond the distillation process of crude oil. Type 1 white spirits are produced from straight-run naphtha and straight-run kerosene, which are refinery process streams obtained from the distillation of crude oil. The fractional distillation of these fractions is carried out in boiling ranges suitable for white spirits. The process of hydrodesulfurization, which is the removal of sulfur, is conducted either before or after the fractional distillation.
Since white spirits are not pure chemical substances, as evident from the manufacturing process, no clear formula can be ascribed to them. White spirits are manufactured with a clear idea of the production standards of different countries, particularly the raw materials and technologies used and the approved processes for manufacturing. Low aromatic white spirits contain 17% of aromatic hydrocarbon while current technologies allow the manufacture of odorless white spirits (aromatic content less than 1%). Through extractive distillation, these white spirits are artificially purified.
White spirits are popularly used for cleaning tough grease and chemical stains. They are very potent and can remove even paints that dry quickly. They are also used to clean and polish wooden floors. If combined with a cutting oil, they become excellent lubricants. In households, they are commonly used to clean paint brushes, auto parts and tools, and as a starter fluid for charcoal grills and to remove adhesives, wax and grease, among other uses.
However, white spirits have some disadvantages. Since they are a mixture of chemicals, they can be quite hazardous to human health if they are not handled appropriately. In the case of inhalation, they can cause nausea, vomiting and dizziness. The exposure of skin to white spirits may cause rashes and burns. If a large amount of white spirits accidentally comes in contact with the skin, this can cause severe burns and leave scars.
Despite the minor drawbacks of this product, white spirits are among the chemical components with the highest demand for various applications. The global market for white spirits is expected to increase at compound annual growth rate (CAGR) of 6.6% from 2017 to 2022 due to increased demand from the paint and coatings industry and the cleaning agents and degreasing solvents markets.
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