Aerosol Market Global Share Trend Analysis and Forecasts Report

Aerosol Market Report, By Propellant Type (Liquefied Gas Propellant and Compressed Propellant), Material (Steel, Aluminum and Plastic), Application (Personal Care, Household, Automotive & Industrial, Foods, Paints and Medical) and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : cm2130 | Publish Date : Jan, 2020 | Industry : Chemicals_Materials | Geography : Global


Aerosol products are a mixture of propellant, solvent(s) and active ingredients that are packaged under pressure in a container with a valve. Aerosols offer a wide range of products from mass-market goods such as personal care and household products, to specific aerosol types dedicated for industrial or medical purposes. In part because they are so easy to use, provide a targeted stream that reduces waste, and are able to reach both large and small spaces effectively. Furthermore, increasing awareness related to personal care has increased the demand for cosmetics, such as deodorants, antiperspirants, cream foundation, hydrating creams, sun protection cream, tanning lotions, hair sprays & styling sprays, hair shines, and others. The demand for products, like shampoo, hair foams & gels, gel toothpastes, etc., has also been growing with the increasing hygiene awareness in the population.


Aerosol Market Outlook

Factors such as upsurge in demand for polymeric insulation foams for paints and coating and automotive industry; booming personal care products market are driving the aerosol market. In addition, growing awareness related to hygiene and personal care is also the factor driving the aerosol market. However, strict regulations related to use of aerosol is one of the major factor hampering the growth of aerosol market globally.

Aerosol Market Segmentation

The aerosol market is classified into propellant type, material, application and geography

Aerosol Market by Propellant Type

Based on propellant type, the aerosol market is segmented into liquefied gas propellant and compressed propellant. Most liquid propellants are flammable whereas most nonflammable propellants are compressed gases. Liquefied gases do maintain the pressure throughout the lifetime of the dispenser and thus provide a better performance

Aerosol Market by Material

Materials used in manufacturing of aerosol products are steel, aluminum, plastic and others. Aluminum cans accounted for the largest market share in 2019, owing to the sustainable and renewable nature of aluminum is primarily driving the aluminum material in aerosol market. Growing applications of aluminum aerosol cans in industries other than cosmetic is another factor driving the market.

Aerosol Market by Application 

Various product type of aerosol market were studied in the report such as personal care, household, automotive & industrial, foods, paints, medical and others. The aerosol is on high demand in personal care segment owing to the he demand for deodorants driven by significant lifestyle changes of the consumers. In addition, increasing spending by the consumers to personal hygiene products is anticipated to drive growth.

Aerosol Market by Geography

The aerosol market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Europe region segment is dominated the aerosol market in 2019, owing to the surge in the consumption of personal care products and increasing demand for male grooming products such as hair sprays, conditioners, and dry shampoos.

Aerosol Market Key Players 

The market involves various key companies in the global aerosol market such AkzoNobel NV, Ball Corporation, Colep U.K. Ltd, Crabtree and Evelyn Ltd, Crown Holdings Inc., Henkel AG Co KGaA, Honeywell International Inc., Impress Group BV, PPG Industries Inc., Procter & Gamble, Reckitt Benckiser Group PLC, SC Johnson Inc., Sherwin-Williams, Thymes LLC, Unilever PLC and Valspar Corporation. The majority of companies are aiming towards product launches and mergers & acquisitions to enhance their visibility in the high competitive arena of the market. 

Aerosol Market Developments

  • October 2014: Honeywell announced the introduction of advanced propellant mixtures marketed under the trade name Solstice Propellant, expected to increase the affinity of the consumers on account of substitution of the conventional propellant alternatives
  • September 2017: AkzoNobel NV confirmed the acquisition of French manufacturer Disa Technology. The acquisition strengthens AkzoNobel’s global leadership position in supplying innovative industrial coatings and aerospace and automotive coatings
          

The aerosol market is classified into propellant type, application and geography. Various product type of aerosol market were studied in the report such as personal care, household, automotive & industrial, foods, paints, medical and others. The aerosol is on high demand in personal care segment owing to the he demand for deodorants driven by significant lifestyle changes of the consumers. In addition, increasing spending by the consumers to personal hygiene products is anticipated to drive growth.Based on propellant type, the aerosol market is segmented into liquefied gas propellant and compressed propellant. Most liquid propellants are flammable whereas most nonflammable propellants are compressed gases. Liquefied gases do maintain the pressure throughout the lifetime of the dispenser and thus provide a better performance

Materials used in manufacturing of aerosol products are steel, aluminum, plastic and others. Aluminum cans accounted for the largest market share in 2019, owing to the sustainable and renewable nature of aluminum is primarily driving the aluminum material in aerosol market. Growing applications of aluminum aerosol cans in industries other than cosmetic is another factor driving the market.The aerosol market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Europe region segment is dominated the aerosol market in 2019, owing to the surge in the consumption of personal care products and increasing demand for male grooming products such as hair sprays, conditioners, and dry shampoos.

Why to buy this report:

  • The report offers changing market dynamics in the aerosol market, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of aerosol  
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the artificial pancreas devices aerosol market performance 
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of aerosol market