Aerosol Propellants Market Size, Share and Forecast 2019-2026

SKU: DPC382 | Last Updated On: Nov 29 2019 | No. of Pages: 215 | Available Formats

Aerosol Propellants Market by application (personal care, household, automotive & industrial, medical, others), by type (compressed gas propellants, carbon dioxide, nitrous oxide, nitrogen, liquefied gas propellants, hydrocarbons, fluorocarbons, others), and Region - Global Forecast to 2026

Market Overviews

The Global Aerosol Propellants Market is expected to grow at a CAGR of 4.9 % to reach a market value of USD XX million by 2026.

 

Aerosol propellants utilizes compressed or liquefied gas to fuel the active constituents in paste form, powder form and liquid form in short spray patterns along with regulated droplet volumes and amounts. They are used in producing antiperspirants, shaving creams, hair mousse, air fresheners, automobiles products, industrial items and technical items.

Growing skincare industry in emerging economies is also impelling the demand for aerosol propellants. Moreover, increasing demand for fragrances due to rise in the spending power of consumers is fueling the growth in the market.

 

Market Dynamics

The global Aerosol Propellants market is primarily driven by advancement in technology and technical innovations which has created environment friendly, lower prices and lower VOC items. In addition to this, rise in old age population has driven the utilization of aerosol in anti-ageing cosmetics that have further added to growing demand for aerosol propellants. But, different ecological as well as health hazards related to the utilization of aerosol propellants in the aerosol items are predicted to inhibit the growth of the global aerosol propellant market in future.

 

Rise in disposable income, rapid urbanization and increasing health awareness have changed the lifestyle of consumers in developed and developing regions. Owing to the rising demand in numerous personal care applications including skincare, hair care, antiperspirants, deodorants, etc., there is an increasing adoption of aerosol propellants. Various environmental organizations are also facilitating the adoption of some eco-friendly aerosol propellants. For example, U.S. Environmental Protection Agency (EPA) has permitted the use of hydrocarbon aerosol propellants considering its zero risk toward ozone layer depletion. Moreover, increasing aging population is expected to boost the market due to the rising consumption of anti-aging cosmetics containing aerosol propellants.

 

However, EPA has imposed conditional restrictions on the manufacturing and usage of various aerosol propellants including hydrochlorofluorocarbon (HCF), Dimethyl Ether (DME) due to their adverse effect on health and environment. This is expected to hinder the global aerosol propellants market growth during the forecast period.

 

Market Segmentation

By application, the global Aerosol Propellants Market is segmented into Personal Care, Household, Automotive & Industrial, Medical, and Others. In 2018, Personal care segment holds the biggest market share in the global aerosol propellant market. It is expected that personal care will continue to dominate the market with steady CAGR during the forecast period. Factors like increased demand for items like deodorants, skin care products, antiperspirants, infant care and hair care, will further fuel the growth in the market.

 

Also rising demand for aerosol propellants in medical uses like inhalers is anticipated to boost the demand and growth of the global aerosol propellant market during the forecasted period.

By type, the global Aerosol Propellants Market is segmented into compressed gas propellants (Carbon dioxide, Nitrous oxide, and Nitrogen) and Liquefied gas propellants (Hydrocarbons, Fluorocarbons, and Ethers). Among all aerosol propellant, hydrocarbons propellants, such as propane, isobutene and n-butane have low cost, less toxicity and high stability; therefore, these propellants caters wide range of applications in various industries.

 

Geographical Analysis

By geography, the global Aerosol Propellants market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).

 

In 2018, Europe accounted for the majority share in the Global Aerosol Propellants Market. Major contributors to the regional market are U.K, France, and Germany. However, the region is anticipated to witness a moderate growth during the forecast period due to sluggish growth of end users and economic slowdown.

 

South America and APAC regions are estimated to register a significant CAGR owing to reviving economy and high growth potential of India, China and Brazil. APAC is the fastest growing market among them, owing to the presence of dynamic and emerging economies in the region such as India, Japan, China, Singapore and South Korea. This is owing to the heavy demand & growth of homecare items and personal care products like hair gels, antiperspirants and air fresheners.

 

North America is the second largest market in the Global Aerosol Propellants Market after Europe. The US is leading the market in this region, which is attributed to huge demand of personal care and household products.

 

Competitive Analysis

Aerosol Propellants market is highly competitive and thus manufacturers continuously focus on developing new strategies in order to grab more number of customers across the globe. Over the coming years, companies are expected to focus on potential growth markets for Aerosol Propellants. To that end, besides expanding their presence, companies are expected to formulate effective distribution strategies to make their presence felt in the upcoming markets for Aerosol Propellants. Merger, acquisition and product development are key strategies adopted by leading players.

 

The major players include Royal Dutch Shell Plc, Arkema Group, National Gas Company SAOG, Akzo Nobel N.V., and Aveflor A.S. Other prominent players in the market are Honeywell, Grillo Werke AG, Aeropres Corporation, BOC Industrial Gases UK, and Emirates Gas LLC.

 

The market holds immense future potential as increasing technological advancements and development by various companies are underway for the production of low-cost and eco-friendly aerosol propellants.

 

For instance, Honeywell launched full-scale commercial production of a low-global-warming-potential (GWP) material for use as an aerosol propellant, insulating agent and refrigerant at its Flourine Products Baton Rouge production facility in Louisiana (US). The material is known by the industry designation HFO-1234ze and is marketed by Honeywell under its Solstice line of low-global-warming materials.

 

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Table of Content

  1. Global Aerosol Propellants Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Aerosol Propellants Market – Market Definition and Overview

  3. Global Aerosol Propellants Market – Executive Summary

    1. Market Snippet by Application
    2. Market Snippet by Type
  4. Global Aerosol Propellants Market Dynamics

    1. Market Impacting Factors
    2. Drivers
      1. Rising demand for personal care products
      2. Growing adoption of environment friendly aerosol propellants
    3. Restraints
      1. Stringent government regulations
  5. Global Aerosol Propellants Market – Industry Analysis

    1. Porter's Five Forces Analysis
  6. Global Aerosol Propellants Market – By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By application segment
      2. Market Attractiveness Index, By application segment
    2. Personal care*
      1.  Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Household
    4. Automotive & Industrial
    5. Medical
    6. Others   
  7. Global Aerosol Propellants Market – By Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type segment
      2. Market Attractiveness Index, By Type segment
        1. Compressed gas propellants*
            1. Carbon dioxide
            2. Nitrous oxide
            3. Nitrogen
          1.  Introduction
          2. Market Size Analysis and Y-o-Y Growth Analysis (%)
        2. Liquefied gas propellants
            1. Hydrocarbons
            2. Fluorocarbons
            3. Others                  
  8. Global Aerosol Propellants Market – By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. Japan
        3. South Korea
        4. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
  9. Global Aerosol Propellants Market – Competitive Landscape

      1. Competitive Scenario
      2. Market Positioning/Share Analysis
      3. Mergers and Acquisitions Analysis
  10. Company Profiles

    1. Royal Dutch Shell Plc *
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Arkema Group
    3. National Gas Company SAOG
    4. Akzo Nobel N.V.
    5. Aveflor A.S
    6. Honeywell International Incorporation
    7. Grillo Werke AG
    8. Aeropres Corporation
    9. BOC Industrial Gases UK
    10. Emirates Gas LLC
  11. Global Aerosol Propellants Market – Premium Insights

  12. Global Aerosol Propellants Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables

Table 01 Global Aerosol Propellants Market Value, By Application, 2018,2022 & 2026 ($ Million)

Table 02 Global Aerosol Propellants Market Value, By Type, 2018,2022 & 2026 ($ Million)

Table 03 Global Aerosol Propellants Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 04 Global Aerosol Propellants Market Value, By Application, 2018,2022 & 2026 ($ Million)

Table 05 Global Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 06 Global Aerosol Propellants Market Value, By Type, 2018,2022 & 2026 ($ Million)

Table 07 Global Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 08 Global Aerosol Propellants Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 09 Global Aerosol Propellants Market Value, By Region, 2017-2026 ($ Million)

Table 10 North America Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 11 North America Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 12 North America Aerosol Propellants Market Value, By Country, 2017-2026 ($ Million)

Table 13 South America Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 14 South America Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 15 South America Aerosol Propellants Market Value, By Country, 2017-2026 ($ Million)

Table 16 Europe Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 17 Europe Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 18 Europe Aerosol Propellants Market Value, By Country, 2017-2026 ($ Million)

Table 19 Asia-Pacific Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 20 Asia-Pacific Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 21 Asia-Pacific Aerosol Propellants Market Value, By Country, 2017-2026 ($ Million)

Table 22 Middle East & Africa Aerosol Propellants Market Value, By Application, 2017-2026 ($ Million)

Table 23 Middle East & Africa Aerosol Propellants Market Value, By Type, 2017-2026 ($ Million)

Table 24 Royal Dutch Shell Plc: Overview

Table 25 Royal Dutch Shell Plc: Product Portfolio

Table 26 Royal Dutch Shell Plc: Key Developments

Table 27 Arkema Group: Overview

Table 28 Arkema Group: Product Portfolio

Table 29 Arkema Group: Key Developments

Table 30 National Gas Company SAOG: Overview

Table 31 National Gas Company SAOG: Product Portfolio

Table 32 National Gas Company SAOG: Key Developments

Table 33 Akzo Nobel N.V.: Overview

Table 34 Akzo Nobel N.V.: Product Portfolio

Table 35 Akzo Nobel N.V.: Key Developments

Table 36 Aveflor A.S: Overview

Table 37 Aveflor A.S: Product Portfolio

Table 38 Aveflor A.S: Key Developments

Table 39 Honeywell International Incorporation: Overview

Table 40 Honeywell International Incorporation: Product Portfolio

Table 41 Honeywell International Incorporation: Key Developments

Table 42 Grillo Werke AG: Overview

Table 43 Grillo Werke AG: Product Portfolio

Table 44 Grillo Werke AG: Key Developments

Table 45 Aeropres Corporation: Overview

Table 46 Aeropres Corporation: Product Portfolio

Table 47 Aeropres Corporation: Key Developments

Table 48 BOC Industrial Gases UK: Overview

Table 49 BOC Industrial Gases UK: Product Portfolio

Table 50 BOC Industrial Gases UK: Key Developments

Table 51 Emirates Gas LLC: Overview

Table 52 Emirates Gas LLC: Product Portfolio

Table 53 Emirates Gas LLC: Key Developments

List of Figures

Figure 01 Global Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 02 Global Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 03 Global Aerosol Propellants Market Share, By Region, 2018 & 2026 (%)

Figure 04 Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 05 Global Aerosol Propellants Market Y-o-Y Growth, By Application, 2018-2026 (%)

Figure 06 Personal Care: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 07 Household: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 08 Automotive/Industrial: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 09 Medical/pharma: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 10 Others: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 11 Global Aerosol Propellants Market Y-o-Y Growth, By Type, 2018-2026 (%)

Figure 12 Compressed gas propellants: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 13 Liquefied gas propellants: Global Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 14 Global Aerosol Propellants Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 15 North America Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 16 North America Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 17 North America Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 18 North America Aerosol Propellants Market Share, By Country, 2018 & 2026 (%)

Figure 19 South America Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 20 South America Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 21 South America Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 22 South America Aerosol Propellants Market Share, By Country, 2018 & 2026 (%)

Figure 23 Europe Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 24 Europe Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 25 Europe Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 26 Europe Aerosol Propellants Market Share, By Country, 2018 & 2026 (%)

Figure 27 Asia-Pacific Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 28 Asia-Pacific Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 29 Asia-Pacific Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 30 Asia-Pacific Aerosol Propellants Market Share, By Country, 2018 & 2026 (%)

Figure 31 Middle East & Africa Aerosol Propellants Market Value, 2017-2026 ($ Million)

Figure 32 Middle East & Africa Aerosol Propellants Market Share, By Application, 2018 & 2026 (%)

Figure 33 Middle East & Africa Aerosol Propellants Market Share, By Type, 2018 & 2026 (%)

Figure 34 Royal Dutch Shell Plc: Financials

Figure 35 Arkema Group: Financials

Figure 36 National Gas Company SAOG: Financials

Figure 37 Akzo Nobel N.V.: Financials

Figure 38 Aveflor A.S: Financials

Figure 39 Honeywell International Incorporation: Financials

Figure 40 Grillo Werke AG: Financials

Figure 41 Aeropres Corporation: Financials

Figure 42 BOC Industrial Gases UK: Financials

Figure 43 Emirates Gas LLC: Financials

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