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Global Aerosol Valve Market Strategies and Forecast Analysis to 2022, Key Players-AptarGroup, Inc., Precision Valve Corporation, Coster Tecnologie Speciali S.p.A., Lindal Group, MITANI VALVE CO., LTD, Summit Packaging Systems, Clayton Corporation.

11-12-2018 02:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

Global Aerosol Valve Market

Global Aerosol Valve Market

Global Aerosol Valve Market Overview:

The size of the global aerosol valve market was estimated at USD 1,170.7 million in 2016. Demand is expected to increase due to its growing penetration in the application industries, including personal care, automotive and paints, and the medical sector. Most companies manufacture continuous keys due to their low cost and high consumption of products for home and personal care. The market has experienced a strong demand for metered dose devices in the healthcare sector given the growing importance of respirators and inhalers for asthma, which has resulted in an increase in the production of these valves.

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Global Aerosol Valve Market- Drivers and Restraints:
The growing focus on measured vaporizers and drugs with the development of the global healthcare industry is expected to increase the growth over the next eight years. It is also expected that recent technological developments, including airless dispensers and Stahl monobloc cans, will also increase the number of aerosol valves.

The industry should also be influenced by the increasing adoption by leading online retail media manufacturers, which should facilitate the purchase of finished products. In addition, significant price reductions offered by online retailers for aerosol products should stimulate market growth.
The preference of traditional materials such as metal and wood, to lightweight materials, including composites in the automotive and construction industries, should increase the availability of metals as raw materials to produce aerosol valves. The increase of applications of diving tubes to produce water heaters and boilers reduce the availability of raw material.

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Global Aerosol Valve Market -Geographic Segmentation:
Europe was the largest regional market with 32.0% of world consumption in 2016. The strong manufacturing base for cosmetics in Germany, France, Spain and the United Kingdom is expected to increase product integration in the future. In addition, the market should benefit from the presence of many players in the value chain, facilitating the supply of products.
The market for this product is expected to grow due to the increasing use of the aerosol valve in a wide range of food products including cooking oil, vinegar and coffee. The industry is likely to grow due to its superior properties, including ease of use, lightweight and the ability to control the amount dispensed.

Asia Pacific is expected to experience growth with a CAGR of 6.5% in revenues due to strong economic growth in emerging economies such as India, China and Indonesia. The increase in population, together with the improvement in living standards, has stimulated the growth of personal care products in the region.

Key Players in Global Aerosol Valve Market:
Some of the prominent players of the market include AptarGroup, Inc., Precision Valve Corporation, Coster Tecnologie Speciali S.p.A., Lindal Group, MITANI VALVE CO., LTD, Summit Packaging Systems, Clayton Corporation, DS Containers, Inc., Newman-Green Inc., and KOH-I-NOOR Mlad Voice a.s.
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Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

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