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MarketResearch.biz delivers in-depth insights on the global aerosol propellant market in its upcoming report titled, “Global Aerosol Propellant Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global aerosol propellant market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. 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 propellant market report has been segmented on the basis of product type, application, and region.
The propellant is a gas used in aerosols to force the contents out of the container. Some hydrocarbons and fluorocarbon are used as propellants to force the content from aerosol. Some aerosols have to be shaken before use in order to mix the medicine or other contents in the aerosol and gas propellant.
On the basis of product type, dimethyl ether is expected to be major product segment in the global aerosol propellant market. Superior properties of dimethyl ether such as no damage to the ozone layer and low global warming potential is expected to drive the market growth over the forecast period.
On the basis of application, household is expected to be fastest growing application segment in the terms of revenue in global aerosol propellant market over the forecast period. Increased in demand for insect sprays and floor cleaners is expected to fuel market growth over the forecast period. Increasing use of hydrocarbons such as isobutane and pentane for household products is anticipated to propel market growth. Increasing disposable income coupled with changing lifestyle of the people has increased the demand for household products which in turn is expected to drive market growth.
Europe market is estimated to hold significant revenue share in the global aerosol propellant market and is expected to maintain its dominance over the forecast period. This is attributed due to high demand for personal care products such as spray-on cosmetics, deodorants, and dry shampoos in the region. Europe accounts for largest revenue share contribution to the global aerosol propellant market, followed by markets in North America, Asia Pacific, Latin America, and the Middle East & Africa respectively. Rising application of aerosol propellant in household products such as mosquito repellants, cleaners, and furniture cleaners in UK, Germany, France, and Italy is anticipated to fuel market growth over the forecast period. Moreover, high production of automobiles in the region is expected to boost the demand for automotive spray paints and interior cleaners, which is anticipated to drive the aerosol propellant market over the forecast period.
Market segmentation and key players operating in the global aerosol propellant market:
By product type:
- Nitrous oxide and carbon dioxide
- Dimethyl ether (DME)
- Personal care
- Food & beverage
- Others (Paint & varnishes, electronics)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- I. du Pont de Nemours and Company
- AkzoNobel N.V.
- Honeywell International Inc.
- Royal Dutch Shell Plc.
- BOC Industrial Gases
- Shanghai Cal Custom Manufacturing & Aerosol Propellants Co., Ltd.
- Harp International Ltd.
- Aerosol Service GmbH
- Aztec Aerosols Ltd.
- Brothers Gas Bottling and Distribution Co. LLC
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