The Latin America, Middle East and Africa White Spirits Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 824.4 Kilo Tonnes, showcasing a growth of 7.2% (2023-2030).
Low flash points white spirits, typically falling within the range of 21°C to 60°C, are commonly utilized in industries requiring solvents for various purposes such as degreasing, cleaning, and thinning paints or coatings. These low flash point grades, including Type 1, Type 2, and Type 3, exhibit volatile properties, making them suitable for quick evaporation and effective solvent actions. Therefore, the Brazil market utilized 86.62 Kilo Tonnes of low flash point white spirit in 2022.
The Brazil market dominated the LAMEA White Spirits Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $248.8 million by 2030. The Argentina market is showcasing a CAGR of 7.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.7% during (2023 - 2030).
White spirits, also known as mineral spirits, mineral turpentine, or paint thinner, are a type of solvent commonly used in various industries, including construction, automotive, and manufacturing. They are clear, liquid substances derived from petroleum and typically have a mild odor. White spirits are versatile solvents with a range of applications, primarily due to their ability to dissolve grease, oil, and other substances, as well as their relatively low toxicity compared to other solvents.
Moreover, the white spirits market is influenced by many factors, including economic trends, regulatory policies, technological advancements, and consumer preferences. Economic growth and industrialization in emerging markets fuel demand for white spirits in construction, infrastructure development, and manufacturing activities. Regulatory initiatives aimed at reducing volatile organic compound (VOC) emissions and promoting sustainable practices drive the development of eco-friendly formulations and propel market growth. Moreover, technological innovations in solvent production, such as bio-based alternatives and green chemistry approaches, shape the competitive landscape and offer new opportunities for market expansion.
Countries in the LAMEA region, particularly the Gulf Cooperation Council (GCC) countries, have been experiencing rapid urban development and infrastructure growth, leading to a high demand for construction projects. According to the International Trade Administration (ITA), it is anticipated that the UAE’s construction industry will experience a robust recovery over the next five years, with an annual value growth rate of 4.7%. Hence, the region presents lucrative growth prospects for the market's growth.
Free Valuable Insights: The Worldwide White Spirits Market is Projected to reach USD 11 Billion by 2030, at a CAGR of 5.5%
Based on Grade, the market is segmented into Low Flash Point, Regular Flash Point and High Flash Point. Based on Application, the market is segmented into Paint Thinner, Solvent Extraction, Cleaning Solvent, Degreasing Solvent and Others. Based on Product Type, the market is segmented into Type 1, Type 2, Type 3, and Type 0. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Idemitsu Kosan Co., Ltd.
- Shell plc
- Exxon Mobil Corporation
- TotalEnergies SE
- Thai Oil Public Company Limited (Petroleum Authority of Thailand (PTT))
- Indian Oil Corporation Ltd.
- Bharat Petroleum Corporation Limited
- DHC Solvent Chemie GmbH (BP Europa SE)
- Rahaoil, Inc.
- Alshall International Co.
LAMEA White Spirits Market Report Segmentation
By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Low Flash Point
- Regular Flash Point
- High Flash Point
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Paint Thinner
- Solvent Extraction
- Cleaning Solvent
- Degreasing Solvent
- Others
By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Type 1
- Type 2
- Type 3
- Type 0
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Brazil
- Argentina
- UAE
- Egypt
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA White Spirits Market, 2019 - 2022, USD Million
TABLE 2 LAMEA White Spirits Market, 2023 - 2030, USD Million
TABLE 3 LAMEA White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 6 LAMEA White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 7 LAMEA White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Low Flash Point Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Low Flash Point Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Low Flash Point Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Low Flash Point Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Regular Flash Point Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Regular Flash Point Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Regular Flash Point Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Regular Flash Point Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA High Flash Point Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA High Flash Point Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA High Flash Point Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA High Flash Point Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 22 LAMEA White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 23 LAMEA White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Paint Thinner Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Paint Thinner Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Paint Thinner Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Paint Thinner Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Solvent Extraction Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Solvent Extraction Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Solvent Extraction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Solvent Extraction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Cleaning Solvent Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Cleaning Solvent Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Cleaning Solvent Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Cleaning Solvent Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Degreasing Solvent Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Degreasing Solvent Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Degreasing Solvent Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Degreasing Solvent Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 46 LAMEA White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 47 LAMEA White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Type 1 Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Type 1 Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Type 1 Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Type 1 Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 LAMEA Type 2 Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Type 2 Market by Country, 2023 - 2030, USD Million
TABLE 55 LAMEA Type 2 Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 LAMEA Type 2 Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 LAMEA Type 3 Market by Country, 2019 - 2022, USD Million
TABLE 58 LAMEA Type 3 Market by Country, 2023 - 2030, USD Million
TABLE 59 LAMEA Type 3 Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 LAMEA Type 3 Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 LAMEA Type 0 Market by Country, 2019 - 2022, USD Million
TABLE 62 LAMEA Type 0 Market by Country, 2023 - 2030, USD Million
TABLE 63 LAMEA Type 0 Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 LAMEA Type 0 Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 LAMEA White Spirits Market by Country, 2019 - 2022, USD Million
TABLE 66 LAMEA White Spirits Market by Country, 2023 - 2030, USD Million
TABLE 67 LAMEA White Spirits Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 LAMEA White Spirits Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 Brazil White Spirits Market, 2019 - 2022, USD Million
TABLE 70 Brazil White Spirits Market, 2023 - 2030, USD Million
TABLE 71 Brazil White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Brazil White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Brazil White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 74 Brazil White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 75 Brazil White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 76 Brazil White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 77 Brazil White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 78 Brazil White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 79 Brazil White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Brazil White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Brazil White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 82 Brazil White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 83 Brazil White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Brazil White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 85 Argentina White Spirits Market, 2019 - 2022, USD Million
TABLE 86 Argentina White Spirits Market, 2023 - 2030, USD Million
TABLE 87 Argentina White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Argentina White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Argentina White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 90 Argentina White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 91 Argentina White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 92 Argentina White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 93 Argentina White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 94 Argentina White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 95 Argentina White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Argentina White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Argentina White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 98 Argentina White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 99 Argentina White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 100 Argentina White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 101 UAE White Spirits Market, 2019 - 2022, USD Million
TABLE 102 UAE White Spirits Market, 2023 - 2030, USD Million
TABLE 103 UAE White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 104 UAE White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 105 UAE White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 106 UAE White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 107 UAE White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 108 UAE White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 109 UAE White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 110 UAE White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 111 UAE White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 UAE White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 UAE White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 114 UAE White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 115 UAE White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 116 UAE White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 117 Egypt White Spirits Market, 2019 - 2022, USD Million
TABLE 118 Egypt White Spirits Market, 2023 - 2030, USD Million
TABLE 119 Egypt White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 120 Egypt White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 121 Egypt White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 122 Egypt White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 123 Egypt White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 124 Egypt White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 125 Egypt White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 126 Egypt White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 127 Egypt White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Egypt White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Egypt White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 130 Egypt White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 131 Egypt White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 132 Egypt White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 133 South Africa White Spirits Market, 2019 - 2022, USD Million
TABLE 134 South Africa White Spirits Market, 2023 - 2030, USD Million
TABLE 135 South Africa White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 136 South Africa White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 137 South Africa White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 138 South Africa White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 139 South Africa White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 140 South Africa White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 141 South Africa White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 142 South Africa White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 143 South Africa White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 144 South Africa White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 145 South Africa White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 146 South Africa White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 147 South Africa White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 148 South Africa White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 149 Nigeria White Spirits Market, 2019 - 2022, USD Million
TABLE 150 Nigeria White Spirits Market, 2023 - 2030, USD Million
TABLE 151 Nigeria White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 152 Nigeria White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 153 Nigeria White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 154 Nigeria White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 155 Nigeria White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 156 Nigeria White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 157 Nigeria White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 158 Nigeria White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 159 Nigeria White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 160 Nigeria White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 161 Nigeria White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 162 Nigeria White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 163 Nigeria White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 164 Nigeria White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 165 Rest of LAMEA White Spirits Market, 2019 - 2022, USD Million
TABLE 166 Rest of LAMEA White Spirits Market, 2023 - 2030, USD Million
TABLE 167 Rest of LAMEA White Spirits Market, 2019 - 2022, Kilo Tonnes
TABLE 168 Rest of LAMEA White Spirits Market, 2023 - 2030, Kilo Tonnes
TABLE 169 Rest of LAMEA White Spirits Market by Grade, 2019 - 2022, USD Million
TABLE 170 Rest of LAMEA White Spirits Market by Grade, 2023 - 2030, USD Million
TABLE 171 Rest of LAMEA White Spirits Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 172 Rest of LAMEA White Spirits Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 173 Rest of LAMEA White Spirits Market by Application, 2019 - 2022, USD Million
TABLE 174 Rest of LAMEA White Spirits Market by Application, 2023 - 2030, USD Million
TABLE 175 Rest of LAMEA White Spirits Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 176 Rest of LAMEA White Spirits Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 177 Rest of LAMEA White Spirits Market by Product Type, 2019 - 2022, USD Million
TABLE 178 Rest of LAMEA White Spirits Market by Product Type, 2023 - 2030, USD Million
TABLE 179 Rest of LAMEA White Spirits Market by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 180 Rest of LAMEA White Spirits Market by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 181 Key Information – Idemitsu Kosan Co., Ltd.
TABLE 182 Key Information – Shell plc
TABLE 183 Key Information – Exxon Mobil Corporation
TABLE 184 Key Information – TotalEnergies SE
TABLE 185 Key Information – Thai Oil Public Company Limited
TABLE 186 Key Information – Indian Oil Corporation Ltd.
TABLE 187 Key Information – Bharat Petroleum Corporation Limited
TABLE 188 Key Information – DHC Solvent Chemie GmbH
TABLE 189 Key Information – Rahaoil, Inc.
TABLE 190 Key Information – Alshall International Co.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA White Spirits Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting White Spirits Market
FIG 4 Porter’s Five Forces Analysis – White Spirits Market
FIG 5 LAMEA White Spirits Market share by Grade, 2022
FIG 6 LAMEA White Spirits Market share by Grade, 2030
FIG 7 LAMEA White Spirits Market by Grade, 2019 - 2030, USD Million
FIG 8 LAMEA White Spirits Market share by Application, 2022
FIG 9 LAMEA White Spirits Market share by Application, 2030
FIG 10 LAMEA White Spirits Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA White Spirits Market share by Product Type, 2022
FIG 12 LAMEA White Spirits Market share by Product Type, 2030
FIG 13 LAMEA White Spirits Market by Product Type, 2019 - 2030, USD Million
FIG 14 LAMEA White Spirits Market share by Country, 2022
FIG 15 LAMEA White Spirits Market share by Country, 2030
FIG 16 LAMEA White Spirits Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: Idemitsu Kosan Co., Ltd.
FIG 18 SWOT Analysis: Shell plc
FIG 19 SWOT Analysis: Exxon Mobil Corporation
FIG 20 SWOT Analysis: TotalEnergies SE
FIG 21 Swot Analysis: Thai Oil Public Company Limited
FIG 22 SWOT Analysis: Indian Oil Corporation Ltd.
FIG 23 Swot Analysis: Bharat Petroleum Corporation Limited
FIG 24 Swot Analysis: DHC Solvent Chemie GmbH