Report Format: PDF
Published Date: Dec-2018 | 176 Pages | Report ID: VSR001596
Global Aerosol Propellants Market Size is estimated to expand rapidly in coming years, at a CAGR of 5.5 % from 2018 to 2025. In 2017, the global market valuation was USD 7.75 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The main contributor cause to development is projected to be increasing requirement for aerosol products, such as air fresheners, plastics, and deodorants. In addition, the increasing implementation of products in personal care products is anticipated to boost supply.
Growth is probably to be driven by the increasing acceptance of aerosol products in cosmetics, pharmaceuticals and personal care. Agricultural propellants are also demanded by the growing skincare sector in emerging economies. In addition, increased request for fragrances because of an increase in consumer expenditure stimulates development. Emerging countries like India and China are expected to encourage favorable acquisitions to provide the aerosol propellant industry with development opportunities. In addition, it is anticipated to provide profitable possibilities for companies to implement environment-friendly, economical and small VOC products in the close future.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global aerosol propellants market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aerosol propellants market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global aerosol propellants market has been segmented into hydrocarbon, DME, CFC. Among which hydrocarbons segment is expected to be the highest growing segment in the global market of aerosol propellants owing to the high stability, low cost and less toxicity. Hydrocarbons are also perfectly suited to aquatic products, because the halogen group does not represent a strong consumer requirement.
The use, either as a mixture or alone or coupled with other gasses, of hydrocarbons such as propane, isobutene, ethane and butane to obtain a fluid stress, flammability and thickness needed. Due to its untoxicity and non-reactivity, eco-friendly character, hydrocarbon propellants are used in pharmaceutical aerosols, contributing to the recognition and increasing supply.
By Application Insights: On the basis of application, global aerosol propellants market has been segmented into households, personal care, medical, automotive. Among which personal care industry has accounted for largest share in the forecast period. Increased wellness and hygiene needs such as infant care, deodorants, skincare, hair care and antiperspirants are few variables driving development.
Aerosol propellants, like antiperspirants, deodorants and skin sprays, are used in personal care products. The development of the section is thus driven by escalating worldwide supply. The high requirement for deodorants is anticipated to raise the requirement from the personal care sector because of the growing consumer spending force.
Regional Analysis
The aerosol propellants market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
As a result of the existence of a solid production foundation for cosmetics products in countries, such as the UK, Germany, Spain and France, Europe accounted for its biggest percentage in 2018 and is projected to grow at elevated CAGR from 2018 to 2025. In addition, the growing use of maquillages is anticipated to boost the national industry for females between the ages of 18 and 25. Europe has a large portion of the worldwide industry for home furnishing, which will have a positive effect on development. Moreover, the price of aerosol propellant is anticipated to be affected by accessibility and fluctuations in raw materials distribution, such as methanol and natural gas. Due to the expanded scale of implementation, particularly in the US and Mexico, North America is anticipated to record significant profits over the projected time. Furthermore, strong business extension is anticipated to favor the wide acceptance of aerosol products in the region. In addition, the existence of important participants in the industry is also driving development in the region.
Global Aerosol Propellants Market Size, Share Analysis by Region 2017
Global Aerosol Propellants Market Study Objective.
1. To forecast the market size of aerosol propellants market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of aerosol propellants market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of aerosol propellants market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of aerosol propellants market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the aerosol propellants market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
AkzoNobel, Lapolla Industries Inc., Aeropres Corporation, Harp International and Aveflor are some of the key players in the market of aerosol propellants. The industry's main businesses focus on the fresh development of deodorant and cream products that will encourage the production of income in the end. The increasing requirement for paints and coatings, with consumer supply projected to increase in the forecast period, is projected to increase as a result of increased car manufacturing.
Global Aerosol Propellants Market Study Report Offer You!
The global aerosol propellants market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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