Aerosol Propellants Market Key Region, Drivers, Specifications
and Opportunities Forecasts 2014-2025
“The Aerosol Propellants Market is likely to increase during the forecast
period, owing to the development and utilization of superior propellant
formulations that offer improved product dispensing capabilities.”
Industry Insights
The Aerosol Propellants Market was estimated at USD 7.26 Billion in the year 2015. The market is likely to
increase during the forecast period, owing to the development and utilization of superior propellant
formulations that offer improved product dispensing capabilities.
The industry comprises numerous manufacturers across the globe, who are focusing on the development of
advanced products to expand their business and hence enhance their presence as key players and improve their
global reach. The industry is likely to see substantial growth over the years ahead, as a result of increased
penetration of aerosol cans in various application sectors including medical, automotive, food processing and
paints. Owing to the heavy demand of aerosol cans in health and hygiene associated products like insect
repellants and air fresheners, this in turn is likely to increase the demand for propellants over the years ahead.
Additionally, rapid urbanization along with infrastructural developments in countries like the UAE, India and
China is expected to boost the consumption of cans and thus propel the product demand.
The market is heavily dependent on the availability of oil and gas products as raw materials such as natural gas
and petroleum. The price of the propellants is expected to increase due to high volatility in the prices of natural
gas and petroleum along with high demand for petroleum fuels in the automotive sector.
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