White Spirit Market - PowerPoint PPT Presentation

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White Spirit Market

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The global white spirits market is growing at a CAGR of 5.75%, and is expected to reach $xx million during the forecast period, 2023-2032. – PowerPoint PPT presentation

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Title: White Spirit Market


1
White Spirits Market Booming Paints Coatings
Industry facilitates Growth
White spirit is a colorless, clear, and flammable
liquid. It is a mixture of chemicals known as
petroleum hydrocarbons. These include aromatic
hydrocarbons, cycloparaffins, and paraffin. As
per Inkwood Research, the global white spirits
market is expected to record a CAGR of 5.75
during the forecast period, 2023-2032. White
spirits are primarily used as a solvent in the
paint industry. A solvent is used to dissolve or
disperse various components used in the
formulation of paints coatings. This blog
primarily focuses on the role of solvents in
paints coatings.
  • Role of Solvents in Paints Coatings
  • Conventionally, a solvent should have the
    following properties
  • Volatility
  • Neutral Reaction
  • Slight/Pleasant Smell
  • Long-term Resistance to Chemicals
  • Clear Colorless
  • Consistent Physical Properties as per
    Specifications
  • Cost-Effective
  • Biologically Degradable
  • Low Toxicity

2
  • Adjusting the viscosity and curing properties of
    the paint are a solvents central function. It is
    volatile and does not integrate with the paint
    film. Also, it regulates application and flow
    properties and influences the stability of the
    pain while in the liquid state. In addition, it
    primarily functions as a carrier for non-volatile
    components. This is because thinner oil is needed
    to spread heavier oils. For instance, an
    oil-based interior house paint.
  • Further, solvent-borne paints, also termed
    oil-based paints, entail different combinations
    of solvents as diluents. A diluent is an agent
    that dilutes a substance to obtain a less
    concentrated solution.
  • These solvents include white spirits, ketones,
    alcohols, aromatics, and aliphatics.
  • In addition, solvent-borne paints include organic
    solvents such as glycol ethers, esters, and
    petroleum distillate. Also, at times,
    low-molecular and volatile synthetic resins serve
    as diluents. Resins are synthetic or organic
    compounds that comprise viscous or
    non-crystalline liquid substances. Such solvents
    are used when grease resistance or water
    resistance is needed.
  • Using additives reduces the surface tension of
    paints, further improving the appearance of the
    coating film. They also help avoid defects on the
    surface.
  • Additionally, the surface tension of the solvent
    blends in paints influences the following
    properties
  • Sprayability
  • Wetting of the undercoating or substrate
  • Wetting of pigments and their dispersion quality
  • Low surface tension solvents can enhance such
    properties and improve the dispersibility of
    components or additivities difficult to disperse
    or dissolve, such as epoxies. For instance,
    solvents like aliphatic hydrocarbons, glycol
    ethers, and alcohols migrate to a coatings
    surface. Thus, it lowers the surface tension and
    makes the surface more homogeneous. In addition,
    this improves leveling and minimizes the tendency
    to form surface defects like craters. Though this
    phenomenon occurs in waterborne coatings, it can
    also occur in solvent-borne coatings.
  • Moreover, the paints viscosity depends on the
    viscosity or dispersion of the resin-solvent
    solution and the interaction between the solvent,
    resin, and other components. Besides, the solvent
    electrical resistance is an important factor when
    spraying paints electrostatically. If the paint
    has too low a resistance, the spray equipment may
    short out due to overcharging. Overcharging can
    induce wrap back in paints to the gun and the
    person spraying. Whereas if the paint has too
    high a resistance, the transfer efficiency will
    be low or even lower than traditional air sprays.
    (Source American Coatings Association)
  • Our analysis of the global white spirits market
    product type includes type 0 (distillation
    fraction with no further treatment), type 1
    (hydrodesulfurization), type 2 (solvent
    extraction), and type 3 (hydrogenation).
  • Different Solvent Types used in Paints Coatings
  • Solvents are one of the three components in
    paints. They are petroleum-based chemicals that
    dissolve the binding agent and pigment for
    application. These include oxygenated solvents,
    aromatic hydrocarbon solvents, and aliphatic
    hydrocarbon solvents.

3
  • Oxygenated Solvents
  • Oxygenated solvents are majorly used as active
    solvents for synthetic resins and have oxygen
    functionality. They reduce the viscosity of
    lacquers, varnishes, and paints and dissolve
    films and resins. The four common oxygenated
    solvents are alcohols, glycol ethers, esters, and
    ketones.
  • Aromatic Hydrocarbon Solvents
  • Aromatic hydrocarbon solvents have a benzene ring
    structure and high solvency rates than aliphatic
    hydrocarbon solvents. They emit strong odors and
    are produced in the petroleum refining industry
    through the distillation of petroleum stock and
    other chemical conversion processes like
    alkylation and catalytic hydrogenation. Common
    aromatic hydrocarbon solvents used in paints
    coatings are high-flash aromatic naphthas, mixed
    xylene (BTEX), ethylbenzene, toluene, and
    benzene.
  • Aliphatic Hydrocarbon Solvents
  • Aliphatic hydrocarbon solvents are produced
    through crude oil distillation and then treated
    to enhance the odor and color. They do not have
    the benzene ring and are used in paints and
    thinners. Kerosene and gasoline are examples of
    aliphatic hydrocarbon solvents. Common aliphatic
    hydrocarbon solvents used in paints coatings
    are heptanes, hexanes, and white spirits.
  • Our assessment of the global white spirits market
    by grade includes low flash point, regular flash
    point, and high flash point.
  • White Spirits Market Booming Paints Coatings
    Industry facilitates Growth
  • According to our evaluation, the global paints
    coatings market is predicted to garner a revenue
    of
  • 207.72 billion by 2028, projecting a CAGR of
    6.22 for the forecast period, 2021-2028. This is
    primarily attributed to the thriving
    infrastructure and construction industries and
    the increasing demand from automotive OEMs.
  • In essence, paints coatings, in addition to
    offering an aesthetic appeal, facilitate a
    protective barrier to expand the functional use
    of the substrates and surfaces to which they are
    applied. For instance, coatings offer essential
    characteristics to the finished product and
    protect against degradation and destructive
    conditions. These include abrasion, corrosion,
    chemicals ultraviolet rays, high or low
    temperatures, microbes, moisture, etc.
  • Moreover, the paints coatings industry is a
    dynamic part of a nations economy. It undertakes
    a central role in manufacturing products that
    protect everything from everyday objects to
    vital infrastructure. As a result, the booming
    paints coatings industry is conducive to the
    global white spirits market growth.
  • FAQs
  • Which are the key players in the global white
    spirits market?
  • A Cepsa, ExxonMobil Corporation, HCS Group, DHC
    Solvent Chemie GmbH, etc., are among the key
    players in the global white spirits market.
  • What are ketones?
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