Nippon Paint Holdings Group, Aeroaids Corporation, Krylon Products Group, RPM International Inc., and PPG Industries, Inc, among others, are significant players in the global aerosol paints market.
The global aerosol paints market is expected to grow at a CAGR of about 5% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by rising demand for aerosol paints from major end-use industries.
Spray paint is another term for aerosol paint. Aerosol paint is a kind of paint that comes in a sealed, pressurised container and is discharged as a spray when the valve is pushed. It leaves a smooth, uniform coating on the applied surface and is readily accessible in standard-sized cans. It is also convenient to store and reasonably priced. The rapidly expanding construction sector is primarily driving the aerosol paints market. Aerosol paints are used in various architectural finishing applications, including varnishes, primers, interior and exterior paints, stains, and sealers. These are also utilised in architectural structure sites, including residential, commercial, or industrial structures. When used on a small scale, aerosol paints provide significant economic and aesthetic benefits over traditional paints. This has accelerated aerosol paint demand in the construction sector. With the rising global demand for cars, the automotive sector is likely to further drive the market for aerosol paints.
In November 2020, the University of Tokyo and Nippon Paint Holdings Co., Ltd. established a social collaboration program dubbed ‘Creation of Innovative Coating Technologies’. The School of Engineering created this program to undertake collaborative research for the post-COVID future based on coating technologies with antiviral and antibacterial properties and coating technologies contributing to cost containment and environmental load reduction. Moreover, the program aimed to conduct research on coating technologies that can provide the groundwork for a future smart society while enhancing the efficiency of the society. Such programs are bolstering the development of next-generation coating technologies while contributing to a sustainable society, hence supporting the development of the market for aerosol paints.
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Nippon Paint Holdings Co., Ltd. is a Japanese manufacturer of paint and paint products. It is the leading paint company in Asia, Japan, Turkey, and Australia. It has more than 70% of sales from outside of Japan. As of 2021, company employs about 30,000 people in more than 35 countries.
Aeroaids is India's biggest producer of aerosol spray paint and speciality coatings. Its brand ‘Com-Paint' provides a comprehensive line of touch-up spray paint cans that are precisely shade-matched to all OEM industries and their suppliers. Aeroaids provides a Com-Paint Value Pack Kit for body touch-up applications to retail customers of cars and bikes. It also offers Hairline/Key scratches, Paint Pen Kit, as well as a full line of car care products. Its manufacturing facilities are located in Uttarakhand, Maharashtra, and Haryana.
|Headquarters:||Ohio, United States|
Krylon, Inc., is the world's first and biggest manufacturer of aerosol paints. Krylon is a market leader in product innovation, packaging design, inspiration for projects, and colours. Its product line includes multi-purpose, plastic, specialised, rust preventive, brush-on, and craft items. Krylon pioneered the development of a large number of unique goods such as magnetic primers and chalky finish paints, among others.
|Headquarters:||Ohio, United States|
RPM International Inc. is a global corporation that produces and sells speciality coatings, sealants, and construction materials. Tremco, Carboline, Bison, Stonhard, DAP, Euco, and Day-Glo are some of its leading brands across construction, performance coating, speciality products, and consumer segments. With net sales of USD 6.1 billion in 2021, the company employs more than 15500 people across the globe. It is traded under the stock symbol ‘RPM’ on the New York Stock Exchange and has 122 manufacturing facilities and 4 operating groups.
|Headquarters:||Pennsylvania, United States|
PPG Industries, Inc. is a Fortune 200 business based in the United States and a leading worldwide producer of paints, coatings, and speciality materials. PPG operates in more than 70 countries from its headquarters in Pittsburgh, Pennsylvania. It attained net sales of USD 16.8 billion in 2021, operating 243 manufacturing sites globally and employing over 50,000 people. Moreover, PPG Industries offer products in construction, transportation, industrial, and consumer product segments.
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