Aerosol Propellants Market Size, Share, And Growth Report 2032

Aerosol Propellants Market Size

According to a report from Zion Market Research, the global Aerosol Propellants Market was valued at USD 45.06 Billion in 2023 and is projected to hit USD 117.16 Billion by 2032, with a compound annual growth rate (CAGR) of 11.2% during the forecast period 2024-2032.

This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Aerosol Propellants Market industry over the next decade.

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Aerosol Propellants Market: Overview

Many of aerosol propellants are in gas form that is converted into liquid due to pressure in steel or aluminum container. When the end-user presses valve on top of container, the aerosol propellant propels product out of valve and inside the container via internal tube, thereby producing foam or spray. Aerosol propellants find slew of applications in personal care items, paints, household cleaners, and healthcare sectors. Moreover, these products are utilized for manufacturing shaving creams, air fresheners, antiperspirants, hair mousse, and deodorants. Apart from this, aerosol propellants are used in automotive and other technical as well as industrial items.  

Aerosol Propellants Market: Growth Drivers

Massive use of aerosol based items in myriad end-use sectors such as personal care, cosmetics, and pharmaceuticals will impel growth of aerosol propellants market during 2021-2028. Humungous consumer demand for medical sprays due to its ability of providing effective & quick relief to affected body parts will boost product demand, thereby enlarging scope of aerosol propellants market. Escalating need for vehicle cleansing & refreshing products like air fresheners of cars due to massive consciousness pertaining to automotive maintenance will prompt expansion of aerosol propellants business in foreseeable future. Trend of using eco-friendly items will scale up demand for aerosol propellants in the upcoming years.

Moreover, beneficial physical & chemical features of aerosol propellants will drive growth of aerosol propellants industry during forecast period. Large-scale use of aerosol items in insect repellants & disinfectants will embellish aerosol propellants market growth trends.

Aerosol Propellants Market: Report Scope

Aerosol Propellants Market Regional Landscape

Europe To Retain Market Dominance During 2024-2032

The expansion of aerosol propellants market in Europe during forecast timeline is subject to massive product demand in countries such as the UK. Apart from this, large-scale utility of products in manufacturing cosmetic sprays, deodorants, and dry shampoos will enhance product penetration in Europe. Additionally, burgeoning presence of cosmetic & personal care producers in Europe will generate lucrative growth avenues for aerosol propellants industry in sub-continent over coming years.

Aerosol Propellants Market Competitive Landscape

Key participants profiled in study and influencing market growth include

• Arkema Group
• Lapola Industries Inc.
• Emirates Gas LLC
• Royal Dutch Shell LLC
• Aeropres Corporation
• Aveflor A.S. 

The global Aerosol Propellants Market is segmented as follows:

By Product

• DME & Methyl Ethyl Ether
• Hydrocarbons
• Nitrous Oxide & Carbon Oxide

By Application

• Household
• Paints
• Personal Care
• Medical
• Foods
• Automotive & Industrial

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa