Aerosol Market To Report Impressive Growth, Revenue To Surge To US$ 151.06 Billion By 2032

With the presence of a large pool of participants, the Global aerosol market is displaying a highly competitive business landscape, according to a new research report by Zion Market Research (ZMR).  Reckitt Benckiser Group plc, Henkel AG, Unilever PLC, and Proctor & Gamble are some of the key vendors of aerosol across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the aerosol market study.

As estimated in this report, the global aerosol market stood at US$ 83.56 billion in 2023. Witnessing a tremendous rise during the period from 2024 to 2032, the revenue in this aerosol market is expected to reach US$ 151.06 billion by the end of the forecast period. The main products available in this aerosol market are sprays, fumes, mists, and dust. Among them, the demand for dust is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.

Browse the full "Aerosol Market by Product (Sprays, Mists, Dusts, and Fumes) for Personal Care, Household, Automotive, Food, Paints and Healthcare applications by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)- Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032" report at https://www.zionmarketresearch.com/report/aerosol-market
 

Immense Product Applications Across Myriad Sectors To Spur Market Size

“Extensive product application in personal care, healthcare, household, food & beverages, paints and automotive sectors are anticipated to spur the aerosol market size in the years ahead,” says the author of this study. Apart from this, swift infrastructural growth along with rapid urbanization witnessed across developing regions is predicted to prop up the demand for aerosol in the next few years. In addition, massive use of the product as penetrating lubricant oil in construction activities for loosening corrosion of parts & halting squeaks will further favorably influence the expansion of the aerosol market.

Side effects of the product on human health as a result of its application in the cosmetics sector, however, are likely to hinder the growth of aerosol market in the years to come.

Flourishing Automotive Sector To Support North America’s Regional Dominance

Regionally, North America has been leading the worldwide aerosol market and is anticipated to continue in the dominant position in the years to come according to the aerosol market study. The rise in the auto assembly capacity in countries such as Mexico along with the favorable overview of the automotive sector witnessed in the country is the main factor behind the dominance of the North American aerosol market. The high number of market players headquartered in North America is another significant factor that is supporting this regional aerosol market. In addition, the humungous presence of reputed automobile manufacturers such as General Motors, Fiat, and Ford will further contribute towards the use of aerosol paints in vehicular coatings, thereby driving the growth of the regional aerosol market.

The global aerosol market is segmented as follows:

By Product

• Sprays
• Mists
• Dust
• Fumes

By Application

• Personal care
• Household
• Automotive
• Food
• Paints
• Healthcare
• Others

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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