Global Aerosol Coatings Analysis and Growth Opportunities
The Development of 2K Aerosol Paints and Personalization Demand from Customers Enable Market Expansion
Aerosol spray paint is a type of paint that comes in a pressurized and sealed container, which is releasable in the form of a spray. Due to the quick drying property, portability, speed of spraying, and high-quality even finish of aerosol paints, users widely utilize them to improve the aesthetics of surfaces. These coatings find primary applications on substrates such as metals, glass, concrete, plastics, and ceramics. Therefore, new constructions or renovations, the automotive industry, industrial applications, furniture, and do-it-yourself (DIY) activities increasingly use aerosol paints.
In this study, Frost & Sullivan explores new opportunities for various aerosol coating chemistries to assess the global aerosol coatings market's current status and prospects. The study period is 2019–2027, with 2022 as the base year and 2023–2027 as the forecast period. We analyzed the opportunity landscape and consumer preference in aerosol coating types such as alkyd, acrylic, epoxy, polyurethanes, and others (metallic and silicone). One of the largest segments in aerosol coatings because of the lower cost, alkyd is also one of the most cost-effective alternatives to epoxies and polyurethane coatings.
The report discusses regional trends and dynamics across four geographies [the Americas; Europe; Asia-Pacific (APAC); and the Middle East, Africa, and South Asia (MEASA)]. We also determined the leading drivers and restraints affecting the market. Our analysis shows that rising demand from the continuously developing construction, automotive, and DIY industries are the primary drivers of aerosol paints. However, raw material prices and the availability of alternate coating technologies will likely affect the market growth.
Notably, the report presents stakeholders with insights and opportunities they can explore to overcome challenges, generate profits, and capture market share during the forecast period.