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Global Aerosol Propellants Market: By Application: Personal Care, Food, Household, Paints and Coatings, Medical, Others; By Type: Compressed gas propellants, Liquefied gas propellants; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Aerosol Propellants Market Outlook
The global aerosol propellants market was estimated at around USD 8 billion in 2020. The aerosol propellants market is expected to grow at a CAGR of 5.4% during the forecast period of 2023-2028.
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It is anticipated that the increased demand for aerosol products such as air fresheners, paints, and deodorants will be the primary factor contributing to the growth of overall aerosol propellants industry. In addition, the growing product application in the personal care sector is expected to provide a further boost to the industry growth.
Properties and Applications
Aerosol propellants refer to compressed gases or vapours in a container, which carry out the other substance present in the container upon its release with pressure and expansion through the container’s valve. They are primarily used for cosmetics, household cleaners, and other products.
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The global aerosol propellants market can be segmented into types and applications.
Based on its types, the aerosol propellants market is categorised as compressed gas propellants and liquefied gas propellants.
Based on its application, the aerosol propellants market is segmented into:
- Personal Care
- Food
- Household
- Paints and Coatings
- Medical
- Others
The EMR report looks into the regional aerosol propellants markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Market Analysis
The aerosol propellants market growth is likely to be driven by the increased adoption of aerosol-based products in cosmetics, pharmaceuticals, and personal care sectors. The growing skincare and cosmetics industry are also driving the demand for aerosol propellants. With the growing disposable incomes and rising awareness regarding hygiene, particularly in emerging economies, the demand for deodorants and air fresheners has risen, which will further boost the growth of the global aerosol propellants industry over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global aerosol propellants market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Honeywell International, Inc.
- Aeropres Corporation
- BOC Ltd
- AkzoNobel NV.
- Aveflor, AS
- DuPont de Nemours, Inc.
- Brothers Gas Bottling & Distribution Co. LLC
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| 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- Application, Type, Region |
| Breakup by Application | Personal Care, Food, Household, Paints & Coatings, Medical, Others |
| Breakup by Type | Compressed gas propellants, Liquefied gas propellants |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| 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 | Honeywell International, Inc., Aeropres Corporation, BOC Ltd., AkzoNobel NV., Aveflor, AS, DuPont de Nemours, Inc., Brothers Gas Bottling & Distribution Co. LLC, 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 Industry Opportunities and Challenges
8 Global Aerosol Propellants Market Analysis
8.1 Key Industry Highlights
8.2 Global Aerosol Propellants Historical Market (2018-2022)
8.3 Global Aerosol Propellants Market Forecast (2023-2028)
8.4 Global Aerosol Propellants Market by Application
8.4.1 Personal Care
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 Food
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Household
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Paints and Coatings
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Medical
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Aerosol Propellants Market by Type
8.5.1 Compressed gas propellants
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 Liquefied gas propellants
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Aerosol Propellants Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Honeywell International, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Aeropres Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 BOC Ltd
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 AkzoNobel NV.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Aveflor, AS
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 DuPont de Nemours, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Brothers Gas Bottling & Distribution Co. LLC
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Aerosol Propellants Market: Key Industry Highlights, 2018 and 2028
2. Global Aerosol Propellants Historical Market: Breakup by Application (USD Million), 2018-2022
3. Global Aerosol Propellants Market Forecast: Breakup by Application (USD Million), 2023-2028
4. Global Aerosol Propellants Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Aerosol Propellants Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Aerosol Propellants Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Aerosol Propellants Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Aerosol Propellants Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Aerosol Propellants Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Aerosol Propellants Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Aerosol Propellants Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Aerosol Propellants Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Aerosol Propellants Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Aerosol Propellants Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Aerosol Propellants Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Aerosol Propellants Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Aerosol Propellants Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Aerosol Propellants Market Structure
Key Questions Answered in the Report
The global aerosol propellants market attained a value of nearly USD 8 billion in 2020.
The market is projected to grow at a CAGR of 5.4% between 2023 and 2028.
The major industry drivers include the rising demand for aerosol products such as air fresheners and deodorants, increased adoption of aerosol-based products in cosmetics, pharmaceuticals, and personal care sectors, rising disposable incomes, improved consumer living standards, and the growing skincare and cosmetics industry.
The key industry trends driving the market growth include the rising consumer awareness regarding hygiene.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Personal care, food, household, paints and coatings, and medical, among others are the major applications of the product.
Compressed gas propellants and liquefied gas propellants are the significant types of the product.
The major players in the industry are Honeywell International, Inc., Aeropres Corporation, BOC Ltd., AkzoNobel NV., Aveflor, AS, DuPont de Nemours, Inc., Brothers Gas Bottling & Distribution Co. LLC, Others.
Analyst Review
The global aerosol propellants market attained a value of USD 8 billion in 2020, driven by the increased adoption of aerosol-based products in cosmetics, pharmaceuticals, and personal care sectors. Aided by the growing skincare and cosmetics industry the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the industry is divided into personal care, food, household, paints and coatings, and medical, among others. Based on type, the aerosol propellants industry can be segmented into compressed gas propellants and liquefied gas propellants. The major regional markets for aerosol propellants are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honeywell International, Inc., Aeropres Corporation, BOC Ltd., AkzoNobel NV., Aveflor, AS, DuPont de Nemours, Inc., Brothers Gas Bottling & Distribution Co. LLC, 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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