Aerosol Propellants Market Size, Share, Growth Report 2030

Aerosol Propellants Market

Aerosol Propellants Market - By Product (DME & Methyl Ethyl Ether, Hydrocarbons, and Nitrous Oxide & Carbon Oxide), By Application (Household, Paints, Personal Care, Medical, Foods, and Automotive & Industrial), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-6543 Published Date: Jul-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 9.1 Billion USD 14.5 Billion 5.3% 2020

The global aerosol propellants market size was worth around USD 9.1 Billion in 2020 and is predicted to grow to around USD 14.5 Billion by 2028 with a compound annual growth rate (CAGR) of roughly 5.3% between 2021 to 2028. The report offers assessment and analysis of the Aerosol Propellants market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Aerosol Propellants Market: Synopsis

Many of aerosol propellants are in gas form that is converted into liquid due to pressure in steel or aluminum container. When the end-user presses valve on top of container, the aerosol propellant propels product out of valve and inside the container via internal tube, thereby producing foam or spray. Aerosol propellants find slew of applications in personal care items, paints, household cleaners, and healthcare sectors. Moreover, these products are utilized for manufacturing shaving creams, air fresheners, antiperspirants, hair mousse, and deodorants. Apart from this, aerosol propellants are used in automotive and other technical as well as industrial items.  

Aerosol Propellants Market: Growth Drivers

Massive use of aerosol based items in myriad end-use sectors such as personal care, cosmetics, and pharmaceuticals will impel growth of aerosol propellants market during 2021-2028. Humungous consumer demand for medical sprays due to its ability of providing effective & quick relief to affected body parts will boost product demand, thereby enlarging scope of aerosol propellants market. Escalating need for vehicle cleansing & refreshing products like air fresheners of cars due to massive consciousness pertaining to automotive maintenance will prompt expansion of aerosol propellants business in foreseeable future. Trend of using eco-friendly items will scale up demand for aerosol propellants in the upcoming years.

Moreover, beneficial physical & chemical features of aerosol propellants will drive growth of aerosol propellants industry during forecast period. Large-scale use of aerosol items in insect repellants & disinfectants will embellish aerosol propellants market growth trends.

Aerosol Propellants Market: Report Scope

Report Attributes Report Details
Report Name Aerosol Propellants Market Research Report
Market Size in 2020 USD 9.1 Billion
Market Forecast in 2028 USD 14.5 Billion
Growth Rate CAGR of 5.3%
Number of Pages 214
Key Companies Covered Arkema Group, Lapola Industries Inc., Emirates Gas LLC, Royal Dutch Shell LLC, Aeropres Corporation, and Aveflor A.S. 
Segments Covered By Product, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2016 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Aerosol Propellants Market Regional Landscape

Europe To Retain Market Dominance During 2021-2028

The expansion of aerosol propellants market in Europe during forecast timeline is subject to massive product demand in countries such as the UK. Apart from this, large-scale utility of products in manufacturing cosmetic sprays, deodorants, and dry shampoos will enhance product penetration in Europe. Additionally, burgeoning presence of cosmetic & personal care producers in Europe will generate lucrative growth avenues for aerosol propellants industry in sub-continent over coming years.

Aerosol Propellants Market Competitive Landscape

Key participants profiled in study and influencing market growth include

  • Arkema Group
  • Lapola Industries Inc.
  • Emirates Gas LLC
  • Royal Dutch Shell LLC
  • Aeropres Corporation
  • Aveflor A.S. 

The global Aerosol Propellants Market is segmented as follows:

By Product

  • DME & Methyl Ethyl Ether
  • Hydrocarbons
  • Nitrous Oxide & Carbon Oxide

By Application

  • Household
  • Paints
  • Personal Care
  • Medical
  • Foods
  • Automotive & Industrial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Massive use of aerosol based items in myriad end-use industries including personal care, cosmetics, and pharmaceuticals will influence growth of aerosol propellants market during 2021-2028. Humungous consumer demand for medical sprays due to its ability of providing effective & quick relief to affected body parts will boost product demand, thereby enlarging scope of aerosol propellants market. Inflating need for vehicle cleansing & refreshing products like air fresheners of cars due to massive consciousness pertaining to automotive maintenance will prompt expansion of aerosol propellants business in foreseeable future. Trend of using eco-friendly items will scale up demand for aerosol propellants in the upcoming years.

Furthermore, beneficial physical & chemical features of aerosol propellants will drive growth of aerosol propellants industry during forecast period. Large-scale use of aerosol items in insect repellants & disinfectants will embellish aerosol propellants market growth trends.

According to Zion market research report, the global Aerosol Propellants market accrued earnings worth approximately 9.1 (USD Billion) in 2020 and is predicted to gain revenue of about 14.5 (USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2021 to 2028.

Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is owing to massive product demand in countries such as the UK. Apart from this, large-scale utility of products in manufacturing cosmetic sprays, deodorants, and dry shampoos will enhance product penetration in Europe. Additionally, burgeoning presence of cosmetic & personal care producers in Europe will generate lucrative growth avenues for aerosol propellants industry in sub-continent over coming years.     

The key market participants include Arkema Group, Lapola Industries Inc., Emirates Gas LLC, Royal Dutch Shell LLC, Aeropres Corporation, and Aveflor A.S.

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