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Aerosol Propellants Market by Key Regions, With Production, Consumption, Revenue, Market Share and Growth Rate by 2023

03-01-2018 01:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

Aerosol Propellants Market by Key Regions, With Production,

The report "Aerosol Propellants Market by Product Type (DME, Hydrocarbons, Nitrous Oxide and Carbon Dioxide, and Others), Application (Automotive &Industrial, Household, Personal Care, Foods, Paints, Medical, and Others) - Global Industry Analysis, Trends analysis and Forecast up to 2024 studies the world as well as regional markets including North America, Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa)", global aerosol propellants market is expected to grow at a CAGR of 4.5% over the forecast period of 2017 – 2023. Factors driving the growth of this market include increasing demand for aerosol propellants owing to growing application such as household, personal care and cosmetics, rising demand from automotive & industrial sector and growing technological advancement in the production of propellants.

Get Sample Copy of this Report: https://www.infiniumglobalresearch.com/reports/sample_request/910

Dimethyl ether (DME)is estimated to account for the largest share of the market in 2017

By product type, the aerosol propellants market is classified into dme, hydrocarbons, nitrous oxide and carbon dioxide, and others. The dimethyl ether segment is expected to lead the global aerosol propellants in 2018. Factors driving the growth of this segment include increasing demand for dimethyl ether owing to their low cost & eco-friendly properties, growing consumption of dimethyl ether as automotive fuel in the household & power generation application.

Automotive & Industrial is estimated to command the largest share of the market during the forecast period

Based onapplication, the aerosol propellants market is categorized into automotive & industrial, household, personal care, foods, paints, medical, and others. The automotive & industrial segment is estimated to account for the largest share of the global aerosol propellants market during the forecast period. Growing use of adhesives & sealants as well as lubricants in the automotive industry minimizing maintenance & repair issues and rising disposable income coupled with growth in expenditure of the end users are the key factors driving the growth of this application segment.

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Asia Pacific is estimated to command the largest share of the market

Based on region, the aerosol propellants market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is expected to dominate the aerosol propellants market in 2018. This is attributed to factors such as growing automotive industry in the region, increasing demand for personal care, cosmetic & household products coupled with rising disposable income and availability of low cost labour as well as raw material in the region.

The report profiles some of the key companies in the aerosol propellants market including Arkema Group, Aveflor A.S., Honeywell, Emirates Gas LLC, Grillo Werke AG, Jiutai Energy Group , Aeropres Corporation, Royal Dutch Shell PLC , Akzo Nobel N.V. , and BOC.

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Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

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