Aerosol is usually a mixture of liquid droplets generally colloidal in nature. It is also a known as a fine yet solid particles usually mixed in gas or air. Aerosols can be considered to be natural as well as artificial. Natural aerosols involve geyser steam, fog and forest exudates among others whereas artificial aerosols include particles such as haze, dust, particulate air pollutants and smoke among others. The liquid or solid aerosol particles possess smaller diameter and these diameters are usually smaller than 1 micro meter (μm) whereas the more larger particles possess a relatively more significant speed of settling and thus help in making the aerosol an efficient suspension. In general, the term aerosol usually refers to a canned or packed spray which helps in delivering a consumer product and is packed in a can or a same type of plastic, glass or metal container. Aerosols are then widely used as aircraft or similar propellants and such propellants deploy liquefied or compressed gas to impel the active ingredients in liquid, paste or powder form in relatively more accurate spray patterns along with large amounts of droplets and controlled sizes.
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 the overall global aerosol market. Furthermore,increasing no of developments in emerging economies such as China, Thailand, and UAE another major element driving the paints and coatings industry which in turn is predictable to propel the global aerosol demand during the forecast period. In addition, technological advancements including airless dispenser’s aerosol and stahlmono block are some major elements posing vital opportunities for the global aerosol market. Raising 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. Though, stringent government regulations such as regulation from the European Commission regarding the decrease of VOC Paints Directive and GHG emissions are some factors predictable to hamper the development of the global aerosol market in the near future.
The global aerosol market can be segmented based on application, region and type. Based on type, the global aerosol market can be divided into HFC, hydrocarbons, HFO, DME and others. Based on application, the global aerosol market can be classified into food, personal care, paints and coatings, medical, automotive, household, others and industrial. On the basic of region, the global aerosol market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is anticipated to be one of the key driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in various other developing economies such as Russia, Brazil, Indonesia, Poland, Argentina, New Zealand, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. In addition to this, rising per capita disposable income and surge in the global economy is another key factor which is expected to bring impetus in the growing of the global.
Key players operating in the global market are concentrating on some of the major market strategies such as partnerships, mergers collaborations and acquisitions in order to keep hold in the ever competitive global market. Furthermore, they are concentrating on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Key players involved in the manufacture and supply of aerosol include Reckitt Benckiser , Thymes LLC, Crabtree & Evelyn , Henkel AG & Co., Johnson , Akzo Nobel N.V. and Arkema Group , The Chemours Company, Honeywell International Inc., and among others.
The global aerosol market can be segmented:
By Type :
• Personal Care
• Paints And Coatings
By Region :
• North America
• Latin America
• Middle East & Africa
• Asia Pacific.