Aerosol Propellant Market is expected to undergo a CAGR of 12.70% during the forecast period 2022 to 2029.
Market Analysis and Insights Aerosol Propellant Market
The rising demands for various purposes such as beauty care, personal hygiene and other applications is boosting the growth of the market. Moreover, the changing lifestyle of people and awareness regarding the need for a healthy and comfortable environment functioning are stimulating the large-scale production and demands. Additionally, the rising awareness regarding eco-friendly substitutes will boost the market's growth.
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.
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 Scope
The aerosol propellant market is segmented on the basis of product, application and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Hydrocarbons
- Nitrous Oxide and Carbon Dioxide
- DME and Methyl Ether
- Others
Application
- Household
- Personal Care
- Paints & Coating
- Medical
- Automotive and Industrial
- Foods
- Others
Type
- Compressed Gas Propellants
- Liquefied Gas Propellants
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Aerosol Propellant Market Country Level Analysis
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.
Competitive Landscape and Aerosol Propellant Market Share Analysis
The Aerosol Propellant Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Aerosol Propellant Market.
Key Players Aerosol Propellant Market
- 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)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Aerosol Propellant Market by Product & Procedure type
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