White Spirit Market Set for Rapid Growth During 2022-2028

The white spirit market was estimated at USD 7.02 billion in 2021 and is likely to grow at a CAGR of 4.15% during 2022-2028 to reach USD 9.37 billion in 2028.

The prime factor contributing to the demand for white spirits is the increasing demand for paints and coatings from various industries.

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