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Aerosol Valves Market trends, Top Companies, Share, Growth And Forecast 2032
Aerosol Valves Market
The Business Research Company's Aerosol Valves Global Market Report 2023 identifies the rising demand for personal care products as the major driver for the aerosol valves market's growth in the forecast period. Personal care products refer to a wide range of products used for maintaining personal hygiene, enhancing appearance, and promoting overall well-being. Aerosol valves in personal care products provide controlled and efficient dispensing, ensuring precise application, convenient usage, and longer shelf life.
The global aerosol valves market is expected to grow from $1.82 billion in 2022 to $1.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerosol valves market is expected to reach $2.47 billion in 2027 at a CAGR of 6.1%.
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Major competitors in the aerosol valves market are Procter & Gamble Co, Honeywell International Inc., Henkel AG & Co. KGaA, Estée Lauder Inc., Akzo Nobel N.V, Beiersdorf AG, Aroma Industries, Aptar Group Inc., Maruichi Co. Ltd., Kendrion (Mishawaka) LLC, Weener Plastics Group, Bespak PLC, Coster Group, Seaquist Perfect Dispensing Ltd., Seung-il Corporation, Summit Packaging Systems Inc., IGS Aerosols GmbH, DS Containers Inc., LINDAL Group Holding GmbH, Clayton Corporation, Packaging Concepts Associates LLC, Shanghai Metal Corporation, Pacific Bridge Packaging Inc., Precision Valve Corporation, Salvalco, Mitani Valve Co Ltd., LINDAL Group Holding GmbH, Newman-Green Inc., KOH-I-NOOR Mladá Vožice a.s., and EC Pack Industrial Limited.
A key trend in the aerosol valves market includes innovation in aerosol valves. Major companies operating in the aerosol valve market are focused on innovation in valves to sustain their position in the market. For instance, in October 2022, Plastipak, a US-based plastic fabrication company launched SprayPET Revolution, an all-polymer aerosol. This product is 100% polymer aerosol, with valves and is fully recyclable. The valve seals with novel polymers other than PET that have a molecular density of less than 1g/cm3. This implies that during the recycling process, the valve can be easily processed with the PET container.
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The aerosol valves market is segmented -
• By Product Type: Metered, Continued
• By Material: Steel, Aluminum, Other Materials
• By Application: Medical, Personal Care, Household, Automotive And Industrial, Foods, Paints, Other Application
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the aerosol valves market.
The Business Research Company's "Global Aerosol Valves Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aerosol Valves Market Include:
1. Executive Summary
2. Aerosol Valves Market Characteristics
3. Aerosol Valves Market Trends And Strategies
4. Aerosol Valves Market - Macro Economic Scenario
……
32. Global Aerosol Valves Market Competitive Benchmarking
33. Global Aerosol Valves Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aerosol Valves Market
35. Aerosol Valves Market Future Outlook and Potential Analysis
36. Appendix
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