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The rising application of aerosol caps in the healthcare industry is likely to drive the market in the forecast period. This can be attributed to the growing demand for aerosol sprays as coolants, to cool, hydrate, and calm the skin down. The aerosol disinfectants prevent the spread of bacteria and fungi. Hence, aerosol disinfectants are important to hinder hospital acquired contaminations. Over the forecast period, the rising medical conditions such as burns, insect bites, stings, cuts, and scratches are anticipated to augment the market.
In terms of region, the Asia Pacific region accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. The growing expansion of the major end-use industries of the product, which include personal care, automotive, food and beverage, household, and paints, among others is likely to provide impetus to the market. Moreover, the increasing urbanisation and infrastructure development is likely to aid the market growth in the region.
In June 2021, Beiersdorf AG (ETR: BEI) along with Nussbaum, announced the launch of 100 percent recycled aluminium aerosol can. The roll out of the product is expected to take place in 2021.
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The major players in the global aerosol caps market are Crown Holdings, Inc., Rackow Polymers Corporation, Silgan Dispensing Systems., Clayton Corporation, and LINDAL Group Holding GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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