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Aerosol Propellant Market research report delivers key data about the product portfolios, product values, company profiles, shares, and contact data for the company. This promotional market document on the worldwide market also represents all the regions as well as countries across the globe, which showcase a regional manufacturing status, such as volume, market size, value and price details. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. Aerosol Propellant business report showcases an overall mapping of the industry vendors and the analysis of the competitive landscape.
Global aerosol propellant market was valued at USD 9.34 billion in 2021 and is expected to reach USD 24.31 billion by 2029, registering a CAGR of 12.70% during the forecast period of 2022-2029.
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Market Definition
The aerosol propellants use compressed or liquefied gases in order to propel active ingredients in liquid paste or powder forms in precise spray units to be sprinkled in the differential patterns. They are used in the manufacture of the products such as shaving creams, air fresheners and others.
Some of the major players operating in the aerosol propellant market are
- AkzoNobel N.V. (Netherlands)
- PPG Industries Inc., (U.S.)
- The Sherwin-Williams Company (U.S.)
- RPM International Inc., (U.S.)
- NIPSEA GROUP (Japan)
- Arkema (France)
- Cardolite Corporation (U.S.)
- BASF SE (Germany)
- Evonik Industries AG (Germany)
- Reichhold LLC 2, (U.S.)
- DSM (Netherlands)
- Qualipoly Chemical Corp. (Taiwan)
- Arakawa Chemical Industries,Ltd. (Japan)
- Alberdingk Boley (U.S.)
- Eternal Materials Co.,Ltd. (Taiwan)
- Wacker Chemie AG (Japan)
- DIC CORPORATION (Japan)
Global Aerosol Propellant Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous benefits of wood grain powder coating
Numerous benefits of the aerosol propellants across various end user industries will drive the growth of the market over the forecasted period. Rising demands for aerosol products such as air freshener sprays, coating and personal care products will fuel the market’s growth. Additionally, the aerosol propellants have low costs and are less toxic, which also boosts the market’s growth over the forecasted period.
- Rising usage in personal care products
The aerosol propellants are extensively used across personal care industries. They are widely used in many formulations. The product is applied in a number of ways to enhance skin and hair care activities. Several products such as deodorants, hair-sprays and others are being consumed by the people globally. The expansion of end use industries coupled with the increase in urbanization and population will further propel the growth rate of market.
Global Aerosol Propellant Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous benefits of wood grain powder coating
Numerous benefits of the aerosol propellants across various end user industries will drive the growth of the market over the forecasted period. Rising demands for aerosol products such as air freshener sprays, coating and personal care products will fuel the market’s growth. Additionally, the aerosol propellants have low costs and are less toxic, which also boosts the market’s growth over the forecasted period.
- Rising usage in personal care products
The aerosol propellants are extensively used across personal care industries. They are widely used in many formulations. The product is applied in a number of ways to enhance skin and hair care activities. Several products such as deodorants, hair-sprays and others are being consumed by the people globally. The expansion of end use industries coupled with the increase in urbanization and population will further propel the growth rate of market.
Aerosol Propellant Market Regional Analysis/Insights
The aerosol propellant market is analyzed and market size insights and trends are provided by product, application and type as referenced above.
The countries covered in the aerosol propellant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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