Global Aerosol Propellants Market: Overview
The global aerosol propellants market size was estimated at US$ 8,678.5 Million in 2020 and is projected to grow at a CAGR of 5.5% over the upcoming years. The key growth factors behind the growth of aerosol propellants market include the growing demand for aerosol propellants in the personal care industry along with the increased use for aerosol propellant sin the automotive & industrial sector. Furthermore, the emergence of new technologies along with the growing urbanization across the globe are some other key factors for the growth of the aerosol propellants market in the upcoming years.
Global Aerosol Propellants Market: COVID-19 Impact
The COVID-19 pandemic had a huge impact across all the industries including logistics & supply chain, oil & gas, manufacturing, electronics, and others. The partial or full lockdown in the year 2020 and 2021 across numerous countries such as India, the U.S., the U.K., Germany, and others had further impacted the supply of raw materials and finished products across the globe. The demand for the product has decreased during the COVID-19 period due to halt in the manufacturing industry as the demand for raw materials and finished good has been halted during the COVID-19 period. Therefore, the global aerosol propellants market is severely impacted by COVID-19.
Global Aerosol Propellants Market: Application Analysis
On the basis of application, the global aerosol propellants market has been segmented into personal care, household, automotive & industrial, food, paints, medical and others. The personal care category had a major share in the global aerosol propellants market in 2020 and had more than 27% of the market revenue share in the same year. This is majorly due to rising demand for aerosol propellants in the beauty products. Moreover, the household category is estimated to witness substantial growth during the forecast period.
Global Aerosol Propellants Market: Regional Analysis
Based on the regions, the global aerosol propellants market is segmented into North America, Europe, Asia Pacific, Latin America (LATAM), and Middle East & Africa (MEA). Asia Pacific is estimated to witness fastest growth in the global aerosol propellants market during the forecast period. This is ascribed to the growing personal care industry in the region along with the rising urban population in the region. Besides, North America and Europe is estimated to witness substantial growth during the forecast period.
Global Aerosol Propellants Market: Segment Analysis
The Global Market Research can be segmented in the following way:
ATTRIBUTE | DETAILS |
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Study Period | 2017-2028 |
Base Year | 2020 |
Forecast Period | 2021-2028 |
Historical Period | 2017-2019 |
Unit | Value (US$ Million) and Volume (Kilotons) |
Segmentation | Global Aerosol Propellants Market: By Product Type
Global Aerosol Propellants Market: By Application
Global Aerosol Propellants Market: By Regional Analysis
|
Key Companies |
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Key Report Deliverable |
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Table of Content
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Scope of the Study
1.3.1. Market Segmentation
1.3.1.1. Aerosol Propellants Market, By Product Type
1.3.1.2. Aerosol Propellants Market, By Application
1.3.1.3. Aerosol Propellants Market, By Geography
1.4. Currency Used
1.5. Years Considered for the Study
1.5.1. Historical Years
1.5.2. Base Year
1.5.3. Forecast Years
1.6. Limitations
1.7. Stakeholders
2. Executive Summary
2.1. Market Snapshot: Global Aerosol Propellants Market
2.1.1. Inter connectivity and Related Markets
2.2. Key Insights
2.3. DROC (Drivers, Restraints, Opportunities, and Challenges) Analysis
2.4. Demand Side Trends
2.5. Supply Side Trends
2.6. Strategic Overview for Global Aerosol Propellants Market
2.7. Voice of Industry Experts/Key Opinion Leaders (KOLs)
2.8. Recommendations and Conclusions
3. Research Methodology
3.1. Research Data
3.2. Market Breakdown and Data Triangulation
3.2.1. Secondary Research
3.2.2. Primary Research
3.2.3. Internal Repository Knowledge
3.3. Market Sizing Approach
3.3.1. 3600 View
3.3.2. Bottom Up Approach
3.3.3. Top Down Approach
3.4. Data Sources
3.4.1. Secondary Sources
3.4.2. Primary Sources
3.5. Name of Sources and References
4. COVID-19 Impact
4.1. COVID-19 Prevalence Analysis*
4.2. COVID-19 Vaccine Analysis*
4.3. COVID-19 Impact on Global Aerosol Propellants Market
4.4. Pre vs Post COVID Demand and Supply Analysis
4.5. COVID-19 Road to Recovery Analysis
4.5.1. Global Aerosol Propellants Market V Shaped Recovery
4.5.2. Global Aerosol Propellants Market U Shaped Recovery
4.5.3. Global Aerosol Propellants Market L Shaped Recovery
4.5.4. Global Aerosol Propellants Market W Shaped Recovery
4.6. COVID-19 impact on End-user Industry
4.7. COVID-19 Opportunity Analysis
5. Prominent Insights
5.1. Macro-Economic Factors
5.1.1. Regional GDP Outlook
5.1.2. Key Industry News
5.1.3. Global Market Trend
5.1.3.1. Positive Trends
5.1.3.2. Negative Trends
5.1.4. Lubrication Integration
5.2. Ecosystem Mapping and Opportunity Analysis
5.3. Developed Vs Developing Economies
5.4. Market Dynamics
5.4.1. Market Drivers
5.4.1.1. Driver 1
5.4.1.2. Driver 2
5.4.1.3. Driver 3
5.4.1.4. Global Aerosol Propellants Market Drivers Impact Assessment in the short, medium, and long terms
5.4.1.5. Global Aerosol Propellants Market Drivers Impact Assessment at Regional Level
5.4.2. Market Restraints
5.4.2.1. Restraint 1
5.4.2.2. Restraint 2
5.4.2.3. Restraint 3
5.4.2.4. Global Aerosol Propellants Market Restraints Impact Assessment in the short, medium, and long terms
5.4.2.5. Global Aerosol Propellants Market Restraints Impact Assessment at Regional Level
5.4.3. Market Opportunities
5.4.3.1. Opportunity 1
5.4.3.2. Opportunity 2
5.4.3.3. Opportunity 3
5.4.3.4. Global Aerosol Propellants Market Opportunities Impact Assessment in the short, medium, and long terms
5.4.3.5. Global Aerosol Propellants Market Opportunities Impact Assessment at Regional Level
5.4.4. Market Challenges
5.4.4.1. Challenge 1
5.4.4.2. Challenge 2
5.4.4.3. Challenge 3
5.4.4.4. Global Aerosol Propellants Market Challenges Impact Assessment in the short, medium, and long terms
5.4.4.5. Global Aerosol Propellants Market Challenges Impact Assessment at Regional Level
5.5. Porter’s Five Forces Analysis
5.5.1. Threat Of New Entrants
5.5.2. Threat Of Substitutes
5.5.3. Bargaining Power Of Suppliers
5.5.4. Bargaining Power Of Buyers
5.5.5. Rivalry Among Existing Competitors
5.6. Value Chain Analysis
5.7. Attractive Investment Proposition, By Geography
5.8. Investment Landscape
5.8.1. Market Major Mergers & Acquisitions
5.8.2. Market Fund Raise and Other Activities
6. Global Aerosol Propellants Market Analysis and Forecast, By Product Type, 2017-2028 (US$ Mn)
6.1. Overview
6.1.1. Global Aerosol Propellants Market, By Product Type, Market Share Comparison 2020 vs 2028 (%)
6.2. Dimethyl Ether (DME)
6.2.1. Global Aerosol Propellants Market, By Dimethyl Ether (DME), Analysis and Forecast, 2017-2028 (US$ Mn)
6.2.2. Global Aerosol Propellants Market, By Dimethyl Ether (DME), Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
6.3. Hydrocarbons
6.3.1. Global Aerosol Propellants Market, By Hydrocarbons, Analysis and Forecast, 2017-2028 (US$ Mn)
6.3.2. Global Aerosol Propellants Market, By Hydrocarbons, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
6.4. Nitrous Oxide & Carbon Dioxide
6.4.1. Global Aerosol Propellants Market, By Nitrous Oxide & Carbon Dioxide, Analysis and Forecast, 2017-2028 (US$ Mn)
6.4.2. Global Aerosol Propellants Market, By Nitrous Oxide & Carbon Dioxide, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
6.5. Others
6.5.1. Global Aerosol Propellants Market, By Others, Analysis and Forecast, 2017-2028 (US$ Mn)
6.5.2. Global Aerosol Propellants Market, By Others, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7. Global Aerosol Propellants Market Analysis and Forecast, By Application, 2017-2028 (US$ Mn)
7.1. Overview
7.1.1. Global Aerosol Propellants Market, By Application, Market Share Comparison 2020 vs 2028 (%)
7.2. Personal Care
7.2.1. Global Aerosol Propellants Market, By Personal Care, Analysis and Forecast, 2017-2028 (US$ Mn)
7.2.2. Global Aerosol Propellants Market, By Personal Care Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.3. Household
7.3.1. Global Aerosol Propellants Market, By Household, Analysis and Forecast, 2017-2028 (US$ Mn)
7.3.2. Global Aerosol Propellants Market, By Household, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.4. Automotive & Industrial
7.4.1. Global Aerosol Propellants Market, By Automotive & Industrial, Analysis and Forecast, 2017-2028 (US$ Mn)
7.4.2. Global Aerosol Propellants Market, By Automotive & Industrial, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.5. Food
7.5.1. Global Aerosol Propellants Market, By Food, Analysis and Forecast, 2017-2028 (US$ Mn)
7.5.2. Global Aerosol Propellants Market, By Food, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.6. Paints
7.6.1. Global Aerosol Propellants Market, By Paints, Analysis and Forecast, 2017-2028 (US$ Mn)
7.6.2. Global Aerosol Propellants Market, By Paints, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.7. Medical
7.7.1. Global Aerosol Propellants Market, By Medical, Analysis and Forecast, 2017-2028 (US$ Mn)
7.7.2. Global Aerosol Propellants Market, By Medical, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.8. Others
7.8.1. Global Aerosol Propellants Market, By Others, Analysis and Forecast, 2017-2028 (US$ Mn)
7.8.2. Global Aerosol Propellants Market, By Others, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
8. Global Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
8.1. Overview
8.2. Global Aerosol Propellants Market, By Region, Market Share Comparison 2020 vs 2028 (%)
8.3. Global Aerosol Propellants Market, By Region, Analysis and Forecast, 2017-2028 (US$ Mn)
8.4. Global Aerosol Propellants Market, Regional Life Cycle Analysis
8.5. COVID-19 Impact on Global Aerosol Propellants Market, By Region
9. North America Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
9.1. North America Aerosol Propellants Market Overview
9.2. North America Aerosol Propellants Market Summary
9.2.1. Dynamics
9.2.2. Impact Analysis
9.3. North America Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
9.4. North America Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
9.5. North America Aerosol Propellants Market, By Country, 2017-2028 (US$ Mn)
9.5.1. U.S.
9.5.1.1. Overview
9.5.1.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
9.5.1.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
9.5.2. Canada
9.5.2.1. Overview
9.5.2.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
9.5.2.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10. Europe Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
10.1. Europe Aerosol Propellants Market Overview
10.2. Europe Aerosol Propellants Market Summary
10.2.1. Dynamics
10.2.2. Impact Analysis
10.3. Europe Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.4. Europe Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5. Europe Aerosol Propellants Market, By Country, 2017-2028 (US$ Mn)
10.5.1. Germany
10.5.1.1. Overview
10.5.1.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.1.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5.2. U.K.
10.5.2.1. Overview
10.5.2.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.2.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5.3. France
10.5.3.1. Overview
10.5.3.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.3.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5.4. Italy
10.5.4.1. Overview
10.5.4.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.4.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5.5. Spain
10.5.5.1. Overview
10.5.5.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.5.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
10.5.6. Rest of Europe
10.5.6.1. Overview
10.5.6.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
10.5.6.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
11. Asia Pacific Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
11.1. Asia Pacific Aerosol Propellants Market Overview
11.2. Asia Pacific Aerosol Propellants Market Summary
11.2.1. Dynamics
11.2.2. Impact Analysis
11.3. Asia Pacific Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
11.4. Asia Pacific Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
11.5. Asia Pacific Aerosol Propellants Market, By Country, 2017-2028 (US$ Mn)
11.5.1. China
11.5.1.1. Overview
11.5.1.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
11.5.1.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
11.5.2. Japan
11.5.2.1. Overview
11.5.2.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
11.5.2.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
11.5.3. India
11.5.3.1. Overview
11.5.3.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
11.5.3.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
11.5.4. Rest of Asia Pacific
11.5.4.1. Overview
11.5.4.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
11.5.4.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
12. Latin America (LATAM) Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
12.1. Latin America (LATAM) Aerosol Propellants Market Overview
12.2. Latin America (LATAM) Aerosol Propellants Market Summary
12.2.1. Dynamics
12.2.2. Impact Analysis
12.3. Latin America Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
12.4. Latin America Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
12.5. Latin America (LATAM) Aerosol Propellants Market, By Country, 2017-2028 (US$ Mn)
12.5.1. Brazil
12.5.1.1. Overview
12.5.1.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
12.5.1.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
12.5.2. Mexico
12.5.2.1. Overview
12.5.2.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
12.5.2.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
12.5.3. Rest of Latin America (LATAM)
12.5.3.1. Overview
12.5.3.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
12.5.3.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
13. Middle East & Africa (MEA) Aerosol Propellants Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
13.1. Middle East & Africa (MEA)Aerosol Propellants Market Overview
13.2. Middle East & Africa (MEA) Aerosol Propellants Market Summary
13.2.1. Dynamics
13.2.2. Impact Analysis
13.3. Middle East and Africa Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
13.4. Middle East and Africa Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
13.5. Middle East & Africa (MEA) Aerosol Propellants Market, By Country, 2017-2028 (US$ Mn)
13.5.1. United Arab Emirates (UAE)
13.5.1.1. Overview
13.5.1.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
13.5.1.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
13.5.2. Saudi Arabia
13.5.2.1. Overview
13.5.2.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
13.5.2.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
13.5.3. Rest of Middle East & Africa (MEA)
13.5.3.1. Overview
13.5.3.2. Aerosol Propellants Market, By Product Type, 2017-2028 (US$ Mn)
13.5.3.3. Aerosol Propellants Market, By Application, 2017-2028 (US$ Mn)
14. Competitive Landscape
14.1. Key Players Overview
14.2. Products/Service Comparison of Key Players
14.3. Geographic Presence Analysis of Key Players
14.4. Competitive Bench marking
14.5. Company Evaluation Matrix
14.5.1. Star
14.5.2. Emerging Leader
14.5.3. Pervasive
14.5.4. Participant
14.6. Competitive Landscape
14.6.1. Small Players
14.6.2. Medium Players
14.6.3. Large Players
14.7. Market Positioning of Key Players
14.8. Investment Scenario of Key Players
14.9. Strategies Analysis of Key Players
14.9.1. Mergers & Acquisitions
14.9.2. Joint Ventures
14.9.3. New Product Development
14.9.4. Joint Ventures
14.9.5. Partnerships
14.9.6. Others
15. Company Profiles
(Business Overview, Products/ Solutions Offered, Recent Developments, Strategic Initiatives, Financial Summary, etc.)
15.1. Aveflor
15.1.1. Company and Business Overview
15.1.2. Products and Service Offerings
15.1.3. Business Presence, Key Personnel, Company Contact Details, and Competitors
15.1.4. Strategic Initiatives
15.1.5. Key Financial Summary*
15.1.5.1. Recent Financials (2016-2020)
15.1.5.2. Business Revenue, 2020 (in %)
15.1.5.3. Geographic Revenue, 2020 (in %)
15.2. DowDuPont
15.3. Honeywell International, Inc.
15.4. Aeropres Corporation
15.5. BOC Industrial Gases
15.6. Lapolla Industries, Inc.
15.7. AkzoNobel NV
15.8. Bayer AG
15.9. Emirates Gas
15.10. K-G Packaging
15.11. National Gas Company SAOG
15.12. Shanghai Cal Custom Manufacturing & Aerosol Propellants Co., Ltd.
15.13. Harp International
15.14. Diversified CPC International, Inc.
15.15. Volcke Aerosol Company NV
15.16. Aerochem
15.17. Aerosol Service GmbH
15.18. Others
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain