Press release
Aerosol Propellants Market Size in North America to Witness Exponential Growth by 2022
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The aerosol propellants market growth is attributed to rising awareness for household hygiene like disinfectants, insect repellents and air fresheners and personal care products like deodorant, dry shampoo, hairspray, sheen spray, shine spray, body spray, mousse, temporary hair color spray and shaving cream, etc. among consumers. Innovations and the advent of technology is like to further the growth. The demand in the personal care product segment is forecast to reach 6,700 million units at a growing CAGR of 2.9% during the predicted time frame.
Growth in infrastructure spending and automobile production in various countries has attributed to the growth in demand of paints in construction and automotive sectors and is likely to further aerosol propellants market growth. Health and environmental problems associated with propellants used in aerosol products are likely to restrain market growth.
Industrial and automotive applications are likely to continue the growth trend with anticipated growing CAGR of above 4.5% during the Forecast period. Rising demand for sealants, adhesives, lubricants is expected to propel the aerosol propellants market growth. Hydrocarbon propellants expected to exhibit stable growth by 2022.
Aerosol propellants market share is forecast to hit 13.73 million tons at an annual growth rate of 4.7% from year 2015 to 2022, according to a new study based market report by Global Market Insights. The report features segment, region and application based analysis with insights on market trends, restraints, challenges, opportunities and drivers expected to impact the market size.
The report covers the analysis of the key aerosol propellants market players, profiles, competitive scenario and business strategies. Strict Government regulations regarding aerosol propellants are discouraging the new market participants owing to considerable amount of investment during the start-up phase. Key aerosol propellants market players include Honeywell, Covestro, Harp International, Lapolla Industries, Aeropres Corporation, AkzoNobel, Lapoll and Avalos.
Browse key market insights spread across 96 pages with 68 market data tables & 16 figures & charts from the report, “Aerosol Propellants Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/aerosol-propellants-market
The key topics covered in the report are:
• Categorization of the global aerosol propellants market on the basis of application, region and competitive scenario
• Volume and revenue estimations for the market over anticipated period
• Aerosol propellants Market Dynamics and Insights with market strengths and weakness, opportunities and threats
• Current and future Regional Trends
• Company profiles, Positioning, business strategies of Key Players
Glimpse of Table of Content (ToC)
Chapter 3 Aerosol Propellants Market Insights
3.1 Aerosol Propellants Market segmentation
3.2 Aerosol Propellants Market size and growth prospects, 2012 - 2022
3.3 Market ecosystem analysis
3.3.1 Supply Landscape
3.3.2 Production Landscape
3.4 Market impact forces
3.5 Growth drivers
3.5.1.1 Increasing demand for aerosol products
3.5.1.2 Growth of aerosol consumption in personal care
3.5.1.3 Growing paints & coatings market in Asia Pacific
3.5.2 Market Pitfall & Challenges
3.5.2.1 Environment concerns
3.6 Growth potential analysis
3.7 Porter’s analysis
3.8 Company market share analysis, 2014
3.8.1 Strategic dashboard
3.9 PESTEL analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/aerosol-propellants-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and market research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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