Aerosol Market-Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2024 by Acumen Research and Consulting

​Introduction:

Aerosol is a colloidal mixture of liquid droplets or solid yet fine particles generally mixed in air or gas. Aerosols can be artificial as well as natural. Natural aerosols include forest exudates, fog, geyser steam, etc. whereas artificial aerosols include dust, haze, smoke, particulate air pollutants among others. The solid or liquid particles of aerosols have diameter usually smaller than 1 micro meter (μm) while larger particles have a significant settling speed and make the aerosol a suspension. In general, aerosol refers to a spray which delivers a consumer product and is packed in a can or a similar type of container. Aerosols are widely used as propellants and such propellants deploy compressed or liquefied gas to propel active ingredients in paste, liquid or powder form in accurate spray patterns with droplet amounts and sizes controlled. Propellants find wide applications in the manufacture of shaving creams, air fresheners, hair mousse and antiperspirants/deodorants. Moreover, aerosol propellants are also used in industrial, automobile and technical applications.

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Market Dynamic:
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The Global Aerosol Market is witnessing intense growth and is mainly fueled by geographies such as North America, Asia-Pacific and Europe. Vast investments are made by different key players in the global aerosol market to serve the end-users of aerosol. Aerosols are mostly used in paints and medical products in order to retain liquid in pressurized form generally metallic cans. Various other technological applications of aerosols are medical treatment of respiratory ailments, dispersal of pesticides and combustion. Aerosol science encompasses technological applications of aerosols, removal and generation of aerosols, effects of aerosol on the people and environment along with a wide variety of other concerns.

Market Classification:
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Increasing demand for personal care and household products is a key factor expected to boost the demand for aerosols over the forecast period along with rapid urbanization and surge in infrastructural development across the globe. Moreover, increasing developments in emerging economies such as UAE, India, China and Thailand is another major element driving the paints and coatings industry which, in turn, is anticipated to propel the global aerosol demand during the forecast period.

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Increasing usage of aerosol based products in shoe polish, starch, stain removers, pre-wash sprays as well as water repellents used in fabrics and leather is another key factor fueling the growth of overall global aerosol market. Furthermore, rising demand for aerosol in several food products such as mayonnaise, vinegar, whipped cream, chocolate, ketchup, sparkling water, olive oil, soda and beer will fuel the aerosol industry growth over the forecast period. However, stringent government regulations such as regulation from the European Commission regarding the reduction of green house gas (GHG) emissions along with VOC Paints Directive are some factors expected to hamper the growth of global aerosol market in the near future. In addition, technological advancements including airless dispenser and stahl monoblock are some major elements posing vital opportunities for the global aerosol market.

Regional Overview:

The global aerosol market can be segmented on the basis of type, application and region. On the basis of type, the global aerosol market can be segmented into hydrocarbons, HFC, DME, HFO and others. On the basis of applications, the global aerosol market can be segmented into personal care, food, medical, paints and coatings, household, automotive, industrial and others. On the basis of region, the global aerosol market can be segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific.

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Market Participants:

Key players in the global aerosol market include Henkel AG & Co., Reckitt Benckiser, Crabtree & Evelyn, Thymes LLC, S.C. Johnson, Uniliver, Proctor & Gamble, Royal Dutch Shell PLC, Honeywell International Inc., The Chemours Company, Arkema Group and Akzo Nobel N.V. among others.

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