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Global Mineral Spirits Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20259896

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global Mineral Spirits market size will reach  Million USD in 2025 and is projected to reach  Million USD by 2032, with a CAGR of  % (2025-2032). Notably, the China Mineral Spirits market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

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.

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 tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

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, 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 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, 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 Trend

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 (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Mineral Spirits Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Mineral Spirits Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Mineral Spirits Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources

Table of Contents

165 Pages
1 Mineral Spirits Market Overview
1.1 Product Definition and Statistical Scope
1.2 Mineral Spirits Product by Type
1.2.1 Low Aromatic Content
1.2.2 High Aromatic Content
1.3 Mineral Spirits Product by Application
1.3.1 Solvent
1.3.2 Thinner
1.3.3 Detergent
1.3.4 Others
1.4 Global Mineral Spirits Market Revenue and Sales Analysis
1.4.1 Global Mineral Spirits Revenue Market Size Analysis (2020-2032)
1.4.2 Global Mineral Spirits Sales Market Sales Analysis (2020-2032)
1.4.3 Global Mineral Spirits Market Sales Price Trend Analysis (2020-2032)
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 Capacity, Production and Utilization (2020-2032)
   2.2 Global Mineral Spirits Production Growth Trend by Region: 2024 VS 2025 VS 2032
   2.3 Global Mineral Spirits Production by Region
2.3.1 Global Mineral Spirits Production by Region (2020-2025)
2.3.2 Global Mineral Spirits Production Forecast by Region (2026-2032)
2.3.3 Global Mineral Spirits Production Market Share by Region (2020-2032)
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 Country
5.1 Global Mineral Spirits Market Size Analysis by Country: 2024 VS 2025 VS 2032
5.1.1 Global Mineral Spirits Revenue and Market Share by Country (2020-2025)
5.1.2 Global Mineral Spirits Revenue and Market Share Forecast by Country (2026-2032)
5.2 Global Mineral Spirits Sales Analysis by Country: 2024 VS 2025 VS 2032
5.2.1 Global Mineral Spirits Sales and Market Share by Country (2020-2025)
5.2.2 Global Mineral Spirits Sales and Market Share Forecast by Country (2026-2032)
5.3 United States Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.4 Germany Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.5 Japan Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.6 China Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.7 France Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.8 U.K. Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.9 South Korea Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.10 Canada Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.11 Italy Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.12 Russia Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.13 Mexico Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.14 Brazil Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.15 India Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.16 Vietnam Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.17 Thailand Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
5.18 South Africa Mineral Spirits Market Sales, Revenue and Growth Rate (2020-2032)
6 Competition by Manufacturers
6.1 Global Mineral Spirits Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
6.1.1 Global Mineral Spirits Market Sales by Key Manufacturers (2021-2025)
6.1.2 Global Mineral Spirits Market Revenue by Key Manufacturers (2021-2025)
6.1.3 Global Mineral Spirits Average Sales Price by Manufacturers (2021-2025)
6.2 Mineral Spirits Competitive Landscape Analysis and Market Dynamic
6.2.1 Mineral Spirits Competitive Landscape Analysis
6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
6.2.3 Market Dynamic
7 Mineral Spirits Market Analysis by Type
7.1 Global Mineral Spirits Market Revenue Analysis by Type
7.1.1 Global Mineral Spirits Market Size Analysis by Type: 2024 & 2025 & 2032
7.1.2 Global Mineral Spirits Revenue and Forecast Analysis by Type (2020-2032)
7.2 Global Mineral Spirits Market Sales and Forecast Analysis by Type (2020-2032)
7.3 Global Mineral Spirits Sales Price Trend Analysis by Type (2020-2032)
8 Key Companies Analysis
8.1 ExxonMobil
8.1.1 ExxonMobil Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.1.2 ExxonMobil Mineral Spirits Product Portfolio
8.1.3 ExxonMobil Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.2 Shell Chemicals
8.2.1 Shell Chemicals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.2.2 Shell Chemicals Mineral Spirits Product Portfolio
8.2.3 Shell Chemicals Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.3 Chevron Phillips Chemical
8.3.1 Chevron Phillips Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.3.2 Chevron Phillips Chemical Mineral Spirits Product Portfolio
8.3.3 Chevron Phillips Chemical Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.4 Sasol
8.4.1 Sasol Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.4.2 Sasol Mineral Spirits Product Portfolio
8.4.3 Sasol Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.5 LyondellBasell
8.5.1 LyondellBasell Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.5.2 LyondellBasell Mineral Spirits Product Portfolio
8.5.3 LyondellBasell Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.6 Celanese
8.6.1 Celanese Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.6.2 Celanese Mineral Spirits Product Portfolio
8.6.3 Celanese Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.7 Warner Graham Company
8.7.1 Warner Graham Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.7.2 Warner Graham Company Mineral Spirits Product Portfolio
8.7.3 Warner Graham Company Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.8 Sunnyside Corporation
8.8.1 Sunnyside Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.8.2 Sunnyside Corporation Mineral Spirits Product Portfolio
8.8.3 Sunnyside Corporation Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.9 LEHVOSS Group
8.9.1 LEHVOSS Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.9.2 LEHVOSS Group Mineral Spirits Product Portfolio
8.9.3 LEHVOSS Group Mineral Spirits Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.10 JAX INC.
8.10.1 JAX I
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