consumption in the future. The marketis expected to see a huge growth due to availability of low cost product
formulations, as a consequence of decreased costs of raw material and low cost labor.
In terms of revenue, Germany is likely to account for over 28% share in Europe region, owing to substantial
utilization of personal care products such as dry shampoos, deodorants and spray-on cosmetics. Considerable
production as well as consumption of cars in Germany has increased the requirements of spray paints and
automotive interior cleaners. This in turn, is estimated to improve the industry growth during the forecast
period.
Competitive Insights
E.I. DuPont de Nemours and Company, BOC Industrial Gases, Harp International, Grillo-Werke GmbH,
ExxonMobil, Unigas Europe, Aerosol Gas Ltd., and Covestro AG are a couple of the prominent players operating
in the global market.
Companies such as Honeywell International Inc., Royal Dutch Shell Plc are engaged in the manufacturing of
advanced products in order to expand their business portfolio. For instance, Crown Holdings Inc., developed a
system called EarthSafe Dispensing System which substitutes hydrocarbons with compressed air as the
propellant. Moreover, the product developed by Ultramotive Corporation, a US based packaging systems
manufacturer permits total aerosol product evacuation at consistent flow rates from beginning to end.
Market Segment:
Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2014 - 2025)
• Hydrocarbons
• Dimethyl Ether (DME) & Methyl Ethyl Ether
• Nitrous Oxide and Carbon dioxide
• Others
Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2014 - 2025)
• Personal Care
• Household
• Automotive & Industrial
• Food
• Paints
• Medical
• Others