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Global Aerosol Paints Market: By Technology: Water-borne, Solvent-borne; By Resin: Acrylic, Epoxy, Polyurethane, Alkyd, Others; By End Use: Automotive, Construction, Wooden Furniture, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Aerosol Paints Market Outlook
The global aerosol paints market is expected to grow at a CAGR of 5% in the forecast period of 2023-2028, driven by the rising demand from the end-use industries.
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Asia Pacific to Dominate the Market for Aerosol Paints
The region of Asia Pacific has been dominating the market share for aerosol paints market in the past and is expected to continue its strong growth as the leading market in the upcoming years. The reason is attributed to the rapid rise of the end use industries in the region and the constantly increasing population base with growing household incomes and urbanisation in developing economies like India and China. The rapid industrialization in the region is witnessing rapid surge in construction, automotive and electronics industry. All these end use industries for aerosol paints are leading to burgeoning of the demand. The North America will also grow significantly because of the presence of key players in the United States and rise in home and automotive refurbishing activities. The Middle East region will also witness growth in the following years because of increasing industrialization with the strong domestic and foreign investments.
Aerosol Paints: Market Segmentation
Aerosol paint is also known as spray paint. Aerosol paint is a paint that is available in a sealed and pressurized container that can be released in form of a spray after the valve is pressed. It leaves a smooth even coat on the applied surface and is easily available in standard sized cans that are easy to carry, store and cost affordable.
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On the basis of technology, the aerosol paints are bifurcated into the following:
- Water-borne
- Solvent-borne
Based on resin, the industry can be divided into:
- Acrylic
- Epoxy
- Polyurethane
- Alkyd
- Others
Based on end-use, industry is divided into the following:
- Automotive
- Construction
- Wooden Furniture
- Others
The regional markets for aerosol paints industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Aerosol Paints Market Bolstered by the Rising Construction Industry
The aerosol paints market is majorly being driven by the fast-growing construction industry. Aerosol paints find their application in diverse architectural coatings such as interior and exterior paints, primers, sealers, varnishes, and stains. These can be applied on the site of all kinds of architectural buildings including residential, commercial, and industrial. Aerosol paints provide distinct cost and visual advantages over the conventional paints when used on a small scale. This is providing impetus to the growth of aerosol paints in construction industry. The automotive industry is also increasingly demanding aerosol paints with the growing demand for automobiles across the world.
Key Industry Players in the Returnable Market
The report gives a detailed analysis of the following key players in the aerosol paints market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Nippon Paint Holdings Group
- Aeroaids Corporation
- Krylon Products Group
- RPM International Inc.
- PPG Industries, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Resin, End Use, Region |
| Breakup by Technology | Water-borne, Solvent-borne |
| Breakup by Resin | Acrylic, Epoxy, Polyurethane, Alkyd, Others |
| Breakup by End Use | Automotive, Construction, Wooden Furniture, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Nippon Paint Holdings Group, Aeroaids Corporation, Krylon Products Group, RPM International Inc., PPG Industries Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aerosol Paints Market Analysis
8.1 Key Industry Highlights
8.2 Global aerosol paints Historical Market (2018-2022)
8.3 Global Aerosol Paints Market Forecast (2023-2028)
8.4 Global Aerosol Paints Market by Technology
8.4.1 Water-borne
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Solvent-borne
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Aerosol Paints Market by Resin
8.5.1 Acrylic
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Epoxy
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Polyurethane
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Alkyd
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Aerosol Paints Market by End Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Construction
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Wooden Furniture
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Aerosol Paints Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Aerosol Paints Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Aerosol Paints Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Aerosol Paints Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Aerosol Paints Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Aerosol Paints Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nippon Paint Holdings Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aeroaids Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Krylon Products Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 RPM International Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 PPG Industries, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Aerosol Paints Market: Key Industry Highlights, 2018 and 2028
2. Global Aerosol Paints Historical Market: Breakup by Technology (USD Million), 2018-2022
3. Global Aerosol Paints Market Forecast: Breakup by Technology (USD Million), 2023-2028
4. Global Aerosol Paints Historical Market: Breakup by Resin (USD Million), 2018-2022
5. Global Aerosol Paints Market Forecast: Breakup by Resin (USD Million), 2023-2028
6. Global Aerosol Paints Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Aerosol Paints Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Aerosol Paints Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Aerosol Paints Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Aerosol Paints Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Aerosol Paints Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Aerosol Paints Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Aerosol Paints Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Aerosol Paints Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Aerosol Paints Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Aerosol Paints Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Aerosol Paints Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Aerosol Paints Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Aerosol Paints Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Aerosol Paints Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of nearly 5% in the forecast period of 2023-2028.
The major drivers of the industry include rising housing facilities, rising disposable incomes, increasing population, rising demand from construction and automotive industry.
The rowing R&D investment for sustainable paints is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The water-based and solvent-based aerosol paints are available in the market.
Construction industry is the leading end-user for aerosol paints.
The leading players in the market are Nippon Paint Holdings Group, Aeroaids Corporation, Krylon Products Group, RPM International Inc., and PPG Industries, Inc., among others.
Analyst Review
The global aerosol paints market is being driven by the rising end use industries. Aided by the rising industrialisation, the industry is expected to witness a further growth in the forecast period of 2021-2025, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on technology, market can be divided into water-based and solvent-based. On the basis of end use, the industry can be segmented into automotive, construction, and wooden furniture among others. The major regional markets for aerosol paints are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include Nippon Paint Holdings Group, Aeroaids Corporation, Krylon Products Group, RPM International Inc., and PPG Industries, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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