Aerosol Propellants Market Analysis

Aerosol Propellants Market Analysis

Hydrocarbon product segment surpassed USD 18045 million in 2020 and should witness significant gains in the forecasted period. Hydrocarbon is widely used in topical pharmaceutical aerosol products for ease in surface application. Hydrocarbon offers advantages of low toxicity, environmental acceptance and lack of reactivity owing to which it is widely used in pharmaceutical products.

Moreover, hydrocarbons are used in two-layer (three phases) aerosol systems owing to its properties of immiscibility in water and density lesser than 1. The hydrocarbons remain on the top of the aqueous and provides the required force to expel the content from the container. Also, hydrocarbons are widely used in paints and cosmetic containers owing to its offerings of covering a wide surface with leakproof benefits. Increasing product demand from pharmaceutical industries for manufacturing topical pharmaceutical products and inhalers should augment the aerosol propellants market share during the forecasted time span.
 

Global personal care applications segment should surpass USD 11705 million by 2027. The product has high consumption for manufacturing of personal care products including hair spray, hair mouse, antiperspirants and deodorants owing to its advantages of ease in handling and smooth finishing on surfaces without splash. Increasing consumer inclination towards skin care is driving demand for cleansers and refreshing body mists which should accelerate aerosol propellants market growth in the projected time period.
 

Personal care products with aerosols provides micro-size droplets which easily settle on covering a wide area with a quick hit of fragrance owing to which it is widely used in deodorants owing to its use in deodorants for dispensing the deodorant liquid from the container aerosol for its application on body surface. Also, the product is used in hair care products such as hair spray and hair mousse owing to its ability to expel the active product from the container in the desired form such as foam or mist. Increasing demand for hydrocarbon as aerosol propellants from personal care product manufacturers should augment the aerosol propellants market revenue.
 

North America should register gains of over USD 10375 million by the end of 2027. Growing automotive industry in Mexico and U.S. region is anticipated to fuel product demand in turn accelerating market growth. The product is used in air fresheners and paints containers which are widely used in automotive industry. Growing automotive industry is anticipated to fuel demand for aerosol propellants which represents ample growth opportunities.
 

Moreover, increasing adoption of aerosol household and personal care products is expected to boost product demand. The product is used in household and personal care aerosol products for convenient and desired to dispense of container content. The region is witnessing increasing demand for household cleaning products including air fresheners and insecticides owing to growing inclination towards clean and hygienic environment. Furthermore, growing pharmaceutical industry in the region should propel demand for hydrocarbon thus boosting the aerosol propellants market.