Overview of the global aerosol propellants market

Aerosols are increasingly used in the automotive industry for spray waxes, automotive cleaner sprays, and paint sprays. It is also used to manufacture lubricants for automobiles and as automobile paints. Owing to its ease of application and the exponential growth of the automotive industry across the globe due to the increasing sales of passenger and commercial vehicles, the usage of aerosol spray paints will increase in the automotive industry in the coming years. Our research analysis on the global aerosol propellants market identifies this rising demand from the automotive industry to be one of the major factors that will have a positive impact on the growth of this global market. According to Technavio’s market research analysts, this market will grow at a CAGR of almost 6% by 2021.

In terms of geographical regions, Europe will be the major revenue contributor to the aerosol propellants market throughout the forecast period. The increased popularity of aerosol spray products over others and the rising demand for spray paints in construction and automobile applications, will drive the growth of the market in Europe.

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Competitive landscape and key vendors  

The aerosol propellants market consists of many established global players and local players. Vendors in the market manufacture different types of aerosol propellant products including hydrocarbons such as propane, DME, HFCs, and HFOs and compressed gases such as carbon dioxide and nitrous oxide. The rising demand for aerosol propellants in different applications is inducing the key aerosol propellants manufacturers to make huge investments in R&D activities to come up with new products, that do not affect the environment and the health of consumers.

The leading vendors in the market are –

• Aeropres
• Akzo Nobel
• Honeywell International
• National Gas
• Royal Dutch Shell

The other prominent vendors in the market are Arkema Group, AVEFLOR, Brothers Gas, Diversified CPC International, Harp International, IndianOil Petronas, Mexichem, PureGas, Settala Gas, Shanghai Cal Custom Manufacturing & Aerosol Propellants, SRF, SHV Energy, The Chemours Company, The Linde Group, and UNIGAS Europe.

Segmentation by product and analysis of the aerosol propellants market

• Hydrocarbons
• DME and methyl ethyl ether
• nitrous oxide and carbon dioxide
• CFC and HFC

During 2016, the hydrocarbons segment accounted for the major shares of the aerosol propellants market. The high chemical stabilty of hydrocarbons and their lesser costs compared to other propellants, will contribute to the growth of this industry segment.

Segmentation by application and analysis of the aerosol propellants market

• Personal care
• Household
• Automotive and industrial
• Paints

As per this market research report, the personal care segment will account for the maximum shares of the aerosol propellants market until 2021. The increasing usage of aerosol propellants in the formulation of hair conditioners, shaving cream, and makeup and in the manufacture of deodorants, will drive the growth of the market in this segment.   

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global aerosol propellants market?
• What are the key market trends impacting the growth of the global aerosol propellants market?
• What are the challenges to market growth?
• Who are the key vendors in the global aerosol propellants market?
• What are the market opportunities and threats faced by the vendors in the global aerosol propellants market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global aerosol propellants market?

Technavio also offers customization on reports based on specific client requirement.

Aerosol propellants is a type of dispensing system by creating an aerosol mist of liquid particles. They find its application in personal care segment in deodorants, body spray, hair spray and similar spray products, along with household, automotive, industrial and technical products with spray mechanism. The upcoming report on global aerosol propellants market is an integral part of Technavio‘s chemicals and materials industry which consists of numerous reports from similar markets such as specialty chemicals sector. The upcoming research report on global aerosol propellants market also analyzes its growth potential by considering multiple variables such as current market size, demand-supply fluctuations, major geographic markets, and emerging trends.

By deep analysis of business intelligence factors such as technology, pricing, competition, and capacity, research analysts at Technavio produce report containing complete competitive landscape of the aerosol propellants market. Qualitative and quantitative research methodologies are used to provide accurate facts and figures, expert opinions, and the latest development across the globe, which will help the client in making effective business decisions.

The report on the global aerosol propellants market also analyses geographic regions such as North America, APAC, Europe and ROW on the basis of their relative market size, growth rate, market share, and factors influencing growth in each region. Alongside this, the report also provides a comprehensive competitive landscape of this market by covering some of the vendors operating in the market like Akzo Nobel N.V. (The Netherlands), Arkema Group (France), and Royal Dutch Shell (The Netherlands).

The upcoming research report on global aerosol propellants market also includes market analysis, major applications, demand by industry type, and opportunities and challenges faced by the industry. The report also covers related sectors from chemicals and materials market such as metals and minerals, plastics, polymers, and elastomers, and glass and ceramics.

Our market research methodology for the global aerosol propellants market

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