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on April 12, 2024
Aerosol Propellant Market report is an important manuscript for every market enthusiast, policymaker, investor, and market player. The market research and analysis conducted in this report assists clients in forecasting the investment in an emerging market, growth of market share or success of a new product. In addition, this business report endows with a delegate overview of the market where it identifies industry trends, determines brand awareness, potency and insights and provides competitive intelligence. Report contains strong and weak points of the competitors and analysis of their strategies with respect to product and industry. Aerosol Propellant Market is the most established tool and hence used widely to generate market research report.
With the complete understanding of business environment that is best suitable for the requirements of the client, Aerosol Propellant Market business report has been generated. Businesses can also achieve insights into profit growth and sustainability programs with this market report. Market drivers and market restraints explained in this report gives idea about the rise or fall in the consumer demand for the particular product depending on several factors. This market document contains all the company profiles of the major players and brands. Each of the topics is properly elaborated with the in-depth research and analysis for generating an absolute Aerosol Propellant Market survey report.
Global aerosol propellant market was valued at USD 9.34 billion in 2021 and is expected to reach USD 24.31 billion by 2029, registering a CAGR of 12.70% during the forecast period of 2022-2029.
The aerosol propellants use compressed or liquefied gases in order to propel active ingredients in liquid paste or powder forms in precise spray units to be sprinkled in the differential patterns. They are used in the manufacture of the products such as shaving creams, air fresheners and others.
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Dynamics Scope, Drivers and Growth Drivers of Aerosol Propellant Market :
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.
Drivers
- Numerous benefits of wood grain powder coating
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.
- Rising usage in personal care products
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.
Opportunities
- Rising Demands For Eco-Friendly Propellants
The favorable initiatives by government associated with environmental regulations for eco-friendly propellants will further extend profitable opportunities to the market players in the forecast period. For instance, the U.S. Environmental Protection Agency (EPA) has permitted the use of hydrocarbon aerosol propellants considering its zero effect on ozone depletion. Moreover, the increasing aging factors of the growing population will create significant growth factors for the market over the forecasted period.
Regional Analysis/Insights of Aerosol Propellant Market :
The aerosol propellant market is analyzed and market size insights and trends are provided by product, application and type as referenced above.
Europe dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing cosmetic industries and rising demands of the aerosol propellants within the region.
The major companies which are dealing in the 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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Aerosol Propellant Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Aerosol Propellant Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
Table of Contents: Aerosol Propellant Market
1 Introduction
2 Global Aerosol Propellant Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Aerosol Propellant Market, by Product Type
7 Aerosol Propellant Market, by Modality
8 Aerosol Propellant Market, by Type
9 Aerosol Propellant Market, by Mode
10 Aerosol Propellant Market, by End User
12 Aerosol Propellant Market, by Geography
12 Aerosol Propellant Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Critical Insights Related to the Aerosol Propellant Included in the Report:
- Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth-driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
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