The global aerosol propellants market size reached US$ 9.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2022-2028.

Aerosol propellants refer to liquified or compressed gases stored in aerosol cans to dispense liquids, pastes or powders with high pressure. The pressurized propellant is expelled out once the container valve in the can is opened. Some of the commonly used aerosol propellants include hydrocarbons, dimethyl ether (DME), methyl ethyl ether, nitrous oxide, carbon dioxide, chlorofluorocarbons (CFC) and hydrofluorocarbons (HFC). They are widely used in antiperspirants, shaving creams, hair mousses and air fresheners and find extensive applications across various industries, including cosmetic, medical, food and beverage, automotive and household products.

Significant growth in the cosmetic industry, along with an increasing preference for aerosol products, represents one of the key factors creating a positive outlook for the market. With the rapid urbanization across the globe, especially in the developing economies, there is a growing preference for aerosol-based household product formulations, such as insect repellants, disinfectants and air fresheners. In line with this, increasing application in the construction and automotive industry is also contributing to the market growth. For instance, aerosol paints are widely used for refurbishing cars and bikes to touch up dents and scratches and add aesthetically appealing designs on the body of the vehicle. The product innovations, such as the development of airless and Stahl Monoblock cans that use environment-friendly propellants, are acting as other growth-inducing factors. These cans have minimal volatile organic compounds (VOC), thereby increasing the overall utilization in health- and hygiene-related products. Other factors, including rising expenditure capacities of the consumers, along with the continual launch of novel gender-specific personal care products, are anticipated to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aerosol propellants market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product type and application.

Breakup by Type:

Compressed Gas
Liquified Gas

Breakup by Product Type:

Hydrocarbons
Fluorocarbons
Nitrous Oxide and Carbon Dioxide
DME and Ethyl Methyl Ether
Others

Breakup by Application:

Personal Care
Household
Medical
Automotive
Food and Beverage
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aeropres Corporation, AkzoNobel N.V., Arkema S.A., Aztec Aerosols Limited (Instarmac Group Plc), Emirates Gas LLC, Grillo-Werke Aktiengesellschaft, Harp International Ltd., Honeywell International Inc., Repsol S.A and Royal Dutch Shell PLC.

Key questions answered in this report:
How has the global aerosol propellants market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global aerosol propellants market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global aerosol propellants market and who are the key players?
What is the degree of competition in the industry?