Aerosol propellants uses compressed or liquefied gas to boost the active particles in powder, liquid, or paste form in spray to create a mist of liquid aerosol particles. Propellants are used to manufacture products, including shaving creams, air fresheners, deodorants/antiperspirants, hair mousse, and an automobile, industrial & technical, and other products. Moreover, the ease of producing aerosol propellants with metals that can safely contain compressed gases and liquids is a crucial consideration for market vendors.
MARKET SCOPE
The "Global Aerosol Propellants Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Aerosol propellants market with detailed market segmentation by type, fabrication process, application, and geography. The report provides key statistics on the market status of the leading Aerosol propellants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global aerosol propellants market is segmented into hydrocarbons, dme, hfc, and others
- Based on application, the global Aerosol propellants market is segmented into household, personal care, medical, automotive, paints & coatings, and others.
MARKET DYNAMICS
Drivers:
- Rising demand for aerosol products, including deodorants, fresheners, paints, and increasing product application in personal care products.
- Growing adoption of aerosol-based products in personal care, cosmetics, and pharmaceuticals.
- Rising demand for fragrances due to an increase in the consumer's purchasing power
Restraints:
- Rules and regulations by various government authorities on different raw materials.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aerosol propellants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Aerosol propellants market in these regions.
IMPACT OF COVID-19 ON AEROSOL PROPELLANTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the Aerosol propellants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aerosol propellants market are anticipated to lucrative growth opportunities in the future with the rising demand for Aerosol propellants in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aerosol propellants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Honeywell International Inc.
- The Chemours Company
- Royal Dutch Shell
- Arkema Group
- Akzo Nobel N.V.
- Lapolla Industries Inc
- BOC Industrial Gases
- Aveflor
- DuPont
- Aeropres Corporation
- Emirates Gas LLC
- Grillo Werke AG
- Harp International Ltd.
- Repsol S.A
- K-G Packaging
- IGS Aerosols GmbH
- Aerosan AG
- National Gas Company SAOG
- Eugenio Santos Envasados Y Servicios SL
- Aero-Spray AB