Aerosol Cans Market - USD 6,697.3 by 2022 with 4.06% CAGR ; MRFR Analysis

Crown Holdings (U.S.), Ball Corporation (U.S.), Ardagh Group (Luxembourg), CCL Industries (Canada), Toyo Seikan Group Holdings, Ltd. (Japan), Kian Joo Can Factory Berhad (Malaysia), Exal Corporation (U.S.), CPMC Holdings Ltd. (China), Al-Can exports (India), and Shanghai Sunhome Industrial Company (China) are some of the prominent players at the forefront of competition in the global aerosol cans market and are profiled in MRFR Analysis.

Global Aerosol Cans Market - Overview

The global aerosol can market is expected to witness high growth over the forecast period. The growth of aerosol can market is influenced by the increase in usage of aerosol paint can, technical advantage of aerosol can and environmental advantage of aerosol can. Fluctuation in raw material prices hinder the growth of the aerosol can market.

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The growing demand from the paint industry has been instrumental in fuelling the overall growth in the aerosol can market. Aerosol can are used in every household and are generally used for primer, base coat, clear coat and final colour. Aerosol can have various applications, mainly it is used by automotive industry. Automotive paint demand is directly correlated with the growth of the paint industry. According to world paint and coating industry association, the paint, varnish and coating sales accounted for USD 106.7 million in 2011 and had increased to USD 132.3 million in 2014.

Aerosol can are majorly used by over 200 brands across 200 products because they are safe, efficient and protect the products from leakage. Various innovation has been bought in aerosol can over the past years such as shaped can, printing technology, and improvement in the components of the product. The product which uses aerosol can have longer shelf life because they are protected from the air and light which can cause the product to degrade. Due to this aerosol can are mostly used, which drives the growth of aerosol can market.

The aerosol can are free from Chlorofluorocarbon (CFC) so they do not harm the ozone layer and they are also recyclable which increases the use of aerosol can. Nowadays, aerosol can are mainly made of steel or aluminium which are recyclable. They are very efficient and effective because the contents are pre-mixed and delivered with suitable precautions. This induces the demand for aerosol cans.

Global Aerosol Cans Market - Competitive Analysis

The major market players adopted various strategies to retain and/or expand their market share. Key strategies followed by most companies within the global Aerosol Cans market were new product development. T

he major players operating in this market, to have adopted these strategies are E. I. du Pont de Nemours and Company (U.S.), Multisorb Technologies (U.S.), Sanner GmbH (Germany), CSP Technologies, Inc (U.S.), Capitol Scientific, Inc (U.S.), Desiccare, Inc (U.S.), W. R. Grace & Co (U.S.), Desican Inc (U.S.), Clariant Global (Switzerland), Oker-Chemie GmbH (Germany) and others. This strategy is widely adopted to increase the number of offerings to the customer. New innovations in the technology of manufacturing desiccants also lead to new product developments.

During the period 2014-2016, amongst all the key developments, E. I. du Pont de Nemours and Company (U.S.) had the largest share of the merger and acquisition strategy. For instance, E. I. du Pont de Nemours and Company (U.S.) acquired Taxon Biosciences, Inc. (California), a leading microbiome discovery company. This acquisition will build on DuPont’s in-house capabilities and unparalleled market access in both seed and crop protection to discover and commercialize biological solutions for agriculture customers globally. The unique technology platform of Taxon Biosciences, Inc. coupled with DuPont’s robust research capabilities and positioning across several markets makes, the integration of Taxon into DuPont, a natural fit and will support DuPont’s ability to bring new products to the market, faster.

Clariant Global adopted joint ventures as its key strategy. The company has undergone joint ventures with ASK Group, Scientific Design Company Inc., Süd-Chemie India Pvt Ltd and others. For instance, the company underwent a joint venture with Scientific Design Company Inc., U.S., a producer of ethylene and oxide catalysts, which is co-owned by the Saudi Arabia-based, Sabic Group and has around 140 employees.

CSP Technologies, Inc. adopted new product development as its key strategy. For instance, the company introduced Pharmapuck™ Scavenging Devices, an Integrated Solution for Oral Solid Dose Products. It can be integrated directly into primary containers to protect oral solid dose (OSD) products from moisture and oxygen absorption.

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Intended Audience:

• Aerosol can manufacturers
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Brief Toc:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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