Research Summary
Mineral spirits, also known as white spirits or mineral turpentine, are a petroleum-derived solvent commonly used in various industrial, commercial, and household applications. It is a clear, colorless liquid with a mild odor and is often used as a substitute for traditional paint thinners due to its ability to dissolve oil-based paints, varnishes, and other coatings. Mineral spirits are versatile solvents that can also be used for cleaning and degreasing surfaces, diluting oil-based paints and stains, and removing adhesive residues. They are less volatile than other solvents like acetone or lacquer thinner, making them safer to use in well-ventilated areas. Additionally, mineral spirits are relatively inexpensive and have a longer shelf life, making them a preferred choice for various solvent-based applications in industries such as automotive, woodworking, painting, and cleaning.
According to DIResearch's in-depth investigation and research, the global Mineral Spirits market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.
The major global manufacturers of Mineral Spirits include ExxonMobil, Shell Chemicals, Chevron Phillips Chemical, Sasol, LyondellBasell, Celanese, Warner Graham Company, Sunnyside Corporation, LEHVOSS Group, JAX INC., Sherwin-Williams, WM Barr, Gamblin, Solvable etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Mineral Spirits. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Mineral Spirits market. The report data covers historical data from 2018 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Mineral Spirits market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Mineral Spirits industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Mineral Spirits Include:
ExxonMobil
Shell Chemicals
Chevron Phillips Chemical
Sasol
LyondellBasell
Celanese
Warner Graham Company
Sunnyside Corporation
LEHVOSS Group
JAX INC.
Sherwin-Williams
WM Barr
Gamblin
Solvable
Mineral Spirits Product Segment Include:
Low Aromatic Content
High Aromatic Content
Mineral Spirits Product Application Include:
Solvent
Thinner
Detergent
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Mineral Spirits Capacity and Production Analysis
Chapter 3: Global Mineral Spirits Industry PESTEL Analysis
Chapter 4: Global Mineral Spirits Industry Porter's Five Forces Analysis
Chapter 5: Global Mineral Spirits Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Mineral Spirits Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Mineral Spirits Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Mineral Spirits Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
Table of Contents 1 Mineral Spirits Market Overview 1.1 Product Definition and Statistical Scope 1.2 Mineral Spirits Product by Type 1.2.1 Global Mineral Spirits Market Size by Type, 2023 VS 2024 VS 2030 1.2.2 Low Aromatic Content 1.2.3 High Aromatic Content 1.3 Mineral Spirits Product by Application 1.3.1 Global Mineral Spirits Market Size by Application, 2023 VS 2024 VS 2030 1.3.2 Solvent 1.3.3 Thinner 1.3.4 Detergent 1.3.5 Others 1.4 Global Mineral Spirits Market Revenue and Sales Analysis 1.4.1 Global Mineral Spirits Market Size Analysis (2019-2030) 1.4.2 Global Mineral Spirits Market Sales Analysis (2019-2030) 1.4.3 Global Mineral Spirits Market Sales Price Trend Analysis (2019-2030) 1.5 Mineral Spirits Market Development Status and Trends 1.5.1 Mineral Spirits Industry Development Status Analysis 1.5.2 Mineral Spirits Industry Development Trends Analysis 2 Global Mineral Spirits Capacity and Production Analysis 2.1 Global Mineral Spirits Production Capacity (2019-2030) 2.2 Global Mineral Spirits Production by Region: 2023 VS 2024 VS 2030 2.3 Global Mineral Spirits Production by Region 2.3.1 Global Mineral Spirits Historic Production by Region (2019-2024) 2.3.2 Global Mineral Spirits Forecasted Production by Region (2025-2030) 2.3.3 Global Mineral Spirits Production Market Share by Region (2019-2030) 3 Mineral Spirits Market PESTEL Analysis 3.1 Political Factors Analysis 3.2 Economic Factors Analysis 3.3 Social Factors Analysis 3.4 Technological Factors Analysis 3.5 Environmental Factors Analysis 3.6 Legal Factors Analysis 4 Mineral Spirits Market Porter's Five Forces Analysis 4.1 Competitive Rivalry 4.2 Threat of New Entrants 4.3 Bargaining Power of Suppliers 4.4 Bargaining Power of Buyers 4.5 Threat of Substitutes 5 Global Mineral Spirits Market Analysis by Regions 5.1 Mineral Spirits Overall Market: 2023 VS 2024 VS 2030 5.2 Global Mineral Spirits Revenue and Forecast Analysis (2019-2030) 5.2.1 Global Mineral Spirits Revenue and Market Share by Region (2019-2024) 5.2.2 Global Mineral Spirits Revenue Forecast by Region (2025-2030) 5.3 Global Mineral Spirits Sales and Forecast Analysis (2019-2030) 5.3.1 Global Mineral Spirits Sales and Market Share by Region (2019-2024) 5.3.2 Global Mineral Spirits Sales Forecast by Region (2025-2030) 5.4 Global Mineral Spirits Sales Price Trend Analysis (2019-2030) 6 Global Mineral Spirits Market Size by Type and Application 6.1 Global Mineral Spirits Market Size by Type 6.1.1 Global Mineral Spirits Revenue and Forecast Analysis by Type (2019-2030) 6.1.2 Global Mineral Spirits Sales and Forecast Analysis by Type (2019-2030) 6.2 Global Mineral Spirits Market Size by Application 6.2.1 Global Mineral Spirits Revenue and Forecast Analysis by Application (2019-2030) 6.2.2 Global Mineral Spirits Sales and Forecast Analysis by Application (2019-2030) 7 North America 7.1 North America Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 7.2 North America Key Manufacturers Analysis 7.3 North America Mineral Spirits Market Size by Type 7.3.1 North America Mineral Spirits Sales by Type (2019-2030) 7.3.2 North America Mineral Spirits Revenue by Type (2019-2030) 7.4 North America Mineral Spirits Market Size by Application 7.4.1 North America Mineral Spirits Sales by Application (2019-2030) 7.4.2 North America Mineral Spirits Revenue by Application (2019-2030) 7.5 North America Mineral Spirits Market Size by Country 7.5.1 US 7.5.2 Canada 8 Europe 8.1 Europe Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 8.2 Europe Key Manufacturers Analysis 8.3 Europe Mineral Spirits Market Size by Type 8.3.1 Europe Mineral Spirits Sales by Type (2019-2030) 8.3.2 Europe Mineral Spirits Revenue by Type (2019-2030) 8.4 Europe Mineral Spirits Market Size by Application 8.4.1 Europe Mineral Spirits Sales by Application (2019-2030) 8.4.2 ? Europe Mineral Spirits Revenue by Application (2019-2030) 8.5 Europe Mineral Spirits Market Size by Country 8.5.1 Germany 8.5.2 France 8.5.3 United Kingdom 8.5.4 Italy 8.5.5 Spain 8.5.6 Benelux 9 China 9.1 China Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 9.2 China Key Manufacturers Analysis 9.3 China Mineral Spirits Market Size by Type 9.3.1 China Mineral Spirits Sales by Type (2019-2030) 9.3.2 China Mineral Spirits Revenue by Type (2019-2030) 9.4 China Mineral Spirits Market Size by Application 9.4.1 China Mineral Spirits Sales by Application (2019-2030) 9.4.2 China Mineral Spirits Revenue by Application (2019-2030) 10 APAC (excl. China) 10.1 APAC (excl. China) Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 10.2 APAC (excl. China) Key Manufacturers Analysis 10.3 APAC (excl. China) Mineral Spirits Market Size by Type 10.3.1 APAC (excl. China) Mineral Spirits Sales by Type (2019-2030) 10.3.2 APAC (excl. China) Mineral Spirits Revenue by Type (2019-2030) 10.4 APAC (excl. China) Mineral Spirits Market Size by Application 10.4.1 APAC (excl. China) Mineral Spirits Sales by Application (2019-2030) 10.4.2 APAC (excl. China) Mineral Spirits Revenue by Application (2019-2030) 10.5 APAC (excl. China) Mineral Spirits Market Size by Country 10.5.1 Japan 10.5.2 South Korea 10.5.3 India 10.5.4 Australia 10.5.5 Indonesia 10.5.6 Vietnam 10.5.7 Malaysia 10.5.8 Thailand 11 Latin America 11.1 Latin America Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 11.2 Latin America Key Manufacturers Analysis 11.3 Latin America Mineral Spirits Market Size by Type 11.3.1 Latin America Mineral Spirits Sales by Type (2019-2030) 11.3.2 Latin America Mineral Spirits Revenue by Type (2019-2030) 11.4 Latin America Mineral Spirits Market Size by Application 11.4.1 Latin America Mineral Spirits Sales by Application (2019-2030) 11.4.2 Latin America Mineral Spirits Revenue by Application (2019-2030) 11.5 Latin America Mineral Spirits Market Size by Country 11.5.1 Mexico 11.5.2 Brazil 12 Middle East & Africa 12.1 Middle East & Africa Mineral Spirits Market Size and Growth Rate Analysis (2019-2030) 12.2 Middle East & Africa Key Manufacturers Analysis 12.3 Middle East & Africa Mineral Spirits Market Size by Type 12.3.1 Middle East & Africa Mineral Spirits Sales by Type (2019-2030) 12.3.2 Middle East & Africa Mineral Spirits Revenue by Type (2019-2030) 12.4 Middle East & Africa Mineral Spirits Market Size by Application 12.4.1 Middle East & Africa Mineral Spirits Sales by Application (2019-2030) 12.4.2 Middle East & Africa Mineral Spirits Revenue by Application (2019-2030) 12.5 Middle East & Africa Mineral Spirits Market Size by Country 12.5.1 Saudi Arabia 12.5.2 South Africa 13 Competition by Manufacturers 13.1 Global Mineral Spirits Market Sales, Revenue and Price by Key Manufacturers (2020-2024) 13.1.1 Global Mineral Spirits Market Sales by Key Manufacturers (2020-2024) 13.1.2 Global Mineral Spirits Market Revenue by Key Manufacturers (2020-2024) 13.1.3 Global Mineral Spirits Average Sales Price by Manufacturers (2020-2024) 13.2 Mineral Spirits Competitive Landscape Analysis and Market Dynamic 13.2.1 Mineral Spirits Competitive Landscape Analysis 13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales 13.2.3 Market Dynamic 14 Key Companies Analysis 14.1 ExxonMobil 14.1.1 ExxonMobil Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.1.2 ExxonMobil Mineral Spirits Product Portfolio 14.1.3 ExxonMobil Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.2 Shell Chemicals 14.2.1 Shell Chemicals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.2.2 Shell Chemicals Mineral Spirits Product Portfolio 14.2.3 Shell Chemicals Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.3 Chevron Phillips Chemical 14.3.1 Chevron Phillips Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.3.2 Chevron Phillips Chemical Mineral Spirits Product Portfolio 14.3.3 Chevron Phillips Chemical Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.4 Sasol 14.4.1 Sasol Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.4.2 Sasol Mineral Spirits Product Portfolio 14.4.3 Sasol Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.5 LyondellBasell 14.5.1 LyondellBasell Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.5.2 LyondellBasell Mineral Spirits Product Portfolio 14.5.3 LyondellBasell Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.6 Celanese 14.6.1 Celanese Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.6.2 Celanese Mineral Spirits Product Portfolio 14.6.3 Celanese Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.7 Warner Graham Company 14.7.1 Warner Graham Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.7.2 Warner Graham Company Mineral Spirits Product Portfolio 14.7.3 Warner Graham Company Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.8 Sunnyside Corporation 14.8.1 Sunnyside Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.8.2 Sunnyside Corporation Mineral Spirits Product Portfolio 14.8.3 Sunnyside Corporation Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.9 LEHVOSS Group 14.9.1 LEHVOSS Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.9.2 LEHVOSS Group Mineral Spirits Product Portfolio 14.9.3 LEHVOSS Group Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.10 JAX INC. 14.10.1 JAX INC. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.10.2 JAX INC. Mineral Spirits Product Portfolio 14.10.3 JAX INC. Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.11 Sherwin-Williams 14.11.1 Sherwin-Williams Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.11.2 Sherwin-Williams Mineral Spirits Product Portfolio 14.11.3 Sherwin-Williams Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.12 WM Barr 14.12.1 WM Barr Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.12.2 WM Barr Mineral Spirits Product Portfolio 14.12.3 WM Barr Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.13 Gamblin 14.13.1 Gamblin Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.13.2 Gamblin Mineral Spirits Product Portfolio 14.13.3 Gamblin Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14.14 Solvable 14.14.1 Solvable Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 14.14.2 Solvable Mineral Spirits Product Portfolio 14.14.3 Solvable Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 15 Industry Chain Analysis 15.1 Mineral Spirits Industry Chain Analysis 15.2 Mineral Spirits Industry Upstream Supply Analysis 15.2.1 Upstream Key Raw Material Supply Analysis 15.2.2 Raw Material Suppliers and Contact Information 15.3 Mineral Spirits Typical Downstream Customers 15.4 Mineral Spirits Sales Channel Analysis 16 Research Findings and Conclusion 17 Methodology and Data Source 17.1 Methodology/Research Approach 17.2 Research Scope 17.3 Benchmarks and Assumptions 17.4 Date Source 17.4.1 Primary Sources 17.4.2 Secondary Sources 17.5 Data Cross Validation 17.6 Disclaimer
Publisher: DIResearch
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