Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Aerosol Propellants Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Aerosol Propellants Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Aerosol
Propellants Market is offered.
Market
Insights:
In accordance with the report, the Aerosol Propellants
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Aerosol
Propellants Market was valued at USD XX.X Mn in 2019 and is expected to reach
USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. Aerosol propellants are compressed or liquefied gases that are used to
push liquid, paste, or powder active ingredients in precise spray patterns with
controlled droplet sizes and quantities. The product is
used in containers to release the contents in the form of mist, foam,
semi-solids, or liquids, and has a variety of uses, including home cleansers,
personal care items, medical treatments, and paints. The growth is expected to
be fueled by the increasing use of aerosol-based in cosmetics, pharmaceuticals,
and personal care goods. The need for aerosol propellants is increasing in
emerging economies due to the growing skincare sector. Furthermore, market
providers must examine how easy it is to manufacture aerosol propellant from
metals that can safely store pressurised gases and liquids. Steel sheets can
also be used to make these propellants, and the widespread supply of steel
could assist drive market expansion. In the coming years, the increasing
automobile industry is likely to stimulate demand for goods. Furthermore, the
ever-increasing construction and automotive sectors in emerging nations are
likely to be fueled by the expanding need for aerosol propellants. Aerosol
propellants are thought to contribute to the ozone layer's depletion. This aspect
may stifle the global aerosol propellant market's steady expansion pace. The
use of aerosol-based in cosmetics, medicines, and personal care items is
expected to rise at a rapid pace. The need for aerosol propellants is also
being fueled by the developing skincare industry in emerging economies. North
America is predicted to increase significantly throughout the forecast period,
owing to the expanding spectrum of application in the automotive industry,
particularly in the United States and Mexico. Furthermore, the region's strong
use of aerosol products is projected to help the market grow. Furthermore, the
presence of major market players is boosting the region's market growth.
Research
Methodology:
To compile
the detailed study of the global Aerosol Propellants market, a
robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Aerosol Propellants Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Aerosol
Propellants Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Aerosol Propellants market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts have
also focused on the key measures that the companies are opting to withstand the
harsh scenario.
Segment
Covered:
Aerosol Propellants Market report has been segmented By Product Type, By
Application Type also includes the market size and forecast for all these
segments. Compounded annual growth rates for all segments have also been
provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Aerosol Propellants Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Aerosol
Propellants Market, By Product Type, 2022-2031 (USD Million)
·
DME &
Methyl Ethyl Ether
·
Hydrocarbons
·
Nitrous Oxide
& Carbon Oxide
·
Others
Aerosol
Propellants Market, By Application Type, 2022-2031 (USD Million)
·
Household
·
Paints
·
Personal Care
·
Medical
·
Foods
·
Automotive &
Industrial
·
Others
Report
Highlights:
The prime objective of the Aerosol
Propellants market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Aerosol
Propellants Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Aerosol
Propellants market:
·
Aeropres
Corporation
·
Arkema Group
·
Aveflor A.S.
·
Diversified
CPC International
·
Emirates Gas
LLC
·
Jiutai Energy
Group
·
Lapola
Industries Inc.
·
Nouryon
·
Royal Dutch
Shell LLC
·
Shanghai Cal
Custom Manufacturing & Aerosol Propellant Co. Ltd
·
Others
Aerosol
Propellants Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.