24 Oct 2018 Aerosol Market
Global Aerosol Market Research Report by (2018–2024) — Industry
Analysis, Size, Share, Trends and Forecast.
The market study on the Aerosol landscape reveals that the global aerosol market is
expected to cross USD 85,000 million by 2024, with a CAGR over 6.5% during the
forecast period, 2018-2024. The market is witnessing a significant growth during the
anticipated period driven by changes in technologies such as compressed packaging and
also rapid changes in consumer preferences. To switch from traditional based sprays to
aerosol cans, the adoption of aerosol based solutions has increased from all sections of
the society and Industries. This has led to increased demand of aerosol based products
from all residential to commercial segments, including high end industrial applications.
Continuous developments in paint, oil, and adhesive industry are escalating the market
growth. High demand for paints based aerosols coupled with ongoing research and
developments in coatings and adhesives based aerosols is also one of the major trends
observed in the global aerosol market. New construction developments, mainly the large
residential complexes coming up in regions with high population growth rate, such as
Asia-Pacific are in huge demand for hassle free paints to color the new properties with
minimum labor and cost. This has increased the demand for paints and coatings based
aerosols from such markets.
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Scope of the Report
Based on material, the aerosol market is categorized into metal, glass, and plastic. The
global aerosol market in terms of application includes personal care, household,
automotive & industrial, food & beverage, healthcare, and others. Global aerosol market
is anticipated to show rapid growth during forecast period. The market is expected to
incline towards changes in consumer behavior and new developments going across the
industries-
The major factor that will drive the market demand includes increasing disposable
income and rising standard of living
Rise in aluminum saving aerosol create an opportunity for the market to flourish
in future
Many environmental and health concerns still crate a roadblock to the market
growth
Key Stakeholders
Raw Material Suppliers
Managed Service Providers
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