The latest report by IMARC Group, titled “Aerosol Propellants Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the aerosol propellants market trends. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global aerosol propellants market size reached US$ 10.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Aerosol Propellant Market Trends:
The global aerosol propellants market is witnessing significant growth driven by the rising demand for personal care and household products, such as deodorants, air fresheners, and insect repellents. Additionally, advancements in aerosol technology that enhance product efficiency, safety, and environmental sustainability are further propelling market expansion. Along with this, the increasing consumer preference for convenience-oriented products, coupled with the growing urbanization and changing lifestyles, is enhancing the adoption of aerosol-based products.
Government regulations aimed at reducing the environmental impact of propellants and encouraging the use of eco-friendly alternatives, such as hydrocarbons and compressed gases, are also fostering market growth. Furthermore, the expanding application of aerosol propellants in the automotive, healthcare, and food sectors is providing a considerable boost to the market. The continuous innovation in packaging designs and the development of sustainable and recyclable aerosol containers are driving the market growth, meeting the changing consumer and regulatory demands.
Get a Sample Copy of this Report: https://www.imarcgroup.com/aerosol-propellants-market/requestsample
Aerosol Propellant Market Scope and Growth Analysis:
The scope of the market encompasses a diverse range of applications across various industries, including personal care, household, automotive, healthcare, and food. The market is characterized by the use of various types of propellants, such as hydrocarbons, dimethyl ether, and compressed gases, tailored to meet specific product requirements. In addition, the increasing focus on sustainability and the development of low-global-warming-potential (GWP) and zero-ozone-depleting-potential (ODP) propellants are key factors driving market innovation.
The market growth is further bolstered by the rising investments in research and development to enhance the efficiency and safety of aerosol formulations. Strategic collaborations and partnerships among leading industry players are expected to foster technological advancements and expand market reach. Concurrently, the growing awareness about the benefits of aerosol products, such as uniform dispersion and ease of application, is contributing to their widespread adoption. Moreover, the ongoing development of smart and innovative aerosol delivery systems are creating a positive market outlook.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/aerosol-propellants-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Aeropres Corporation
- AkzoNobel N.V.
- Arkema S.A.
- Aztec Aerosols Limited (Instarmac Group Plc)
- Emirates Gas LLC
- Grillo-Werke Aktiengesellschaft
- Harp International Ltd.
- Honeywell International Inc
- Repsol S.A
- Royal Dutch Shell PLC
Aerosol Propellants Market Segmentation:
Our report has categorized the market based on region, type, product type and application.
Breakup by Type:
- Compressed Gas
- Liquified Gas
Breakup by Product Type:
- Hydrocarbons
- Fluorocarbons
- Nitrous Oxide and Carbon Dioxide
- DME and Ethyl Methyl Ether
- Others
Breakup by Application:
- Personal Care
- Household
- Medical
- Automotive
- Food and Beverage
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Comments