Aerosol, SPF and Aerosol Propellants

Aerosol, SPF and Aerosol Propellants

Global Aerosol, SPF and Aerosol Propellants Market to Reach US$94.6 Billion by 2030

The global market for Aerosol, SPF and Aerosol Propellants estimated at US$80.4 Billion in the year 2023, is expected to reach US$94.6 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2023-2030. Hydrocarbons, one of the segments analyzed in the report, is expected to record a 2.7% CAGR and reach US$82.5 Billion by the end of the analysis period. Growth in the Dimethyl Ether (DME) And Methyl Ethyl Ether segment is estimated at 0.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$21.2 Billion While China is Forecast to Grow at 4.2% CAGR

The Aerosol, SPF and Aerosol Propellants market in the U.S. is estimated at US$21.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.5 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.6% and 1.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.0% CAGR.

Global Aerosol, SPF, and Aerosol Propellants Market – Key Trends & Drivers Summarized

Why Are Aerosols and Propellants Integral to Consumer Goods?

Aerosols are widely used in consumer goods and industrial products, serving as a convenient delivery system for everything from personal care items like deodorants and hair sprays to household cleaners and paints. The functionality of aerosols depends on the propellants used, which provide the pressure needed to release the product in a fine mist or spray. Hydrocarbons, compressed gases, and fluorocarbons are commonly used as propellants, with each offering distinct advantages in terms of cost, efficiency, and environmental impact. The widespread use of aerosols in everyday products, combined with their ability to deliver precise, controlled applications, has made them indispensable across various industries.

How Are Sustainability Concerns Shaping the Aerosol Propellants Market?

Environmental concerns, particularly regarding the impact of fluorocarbons on the ozone layer and climate change, have driven significant changes in the aerosol propellants market. As regulatory agencies impose stricter environmental guidelines, manufacturers are increasingly adopting eco-friendly propellants, such as compressed air, nitrogen, and hydrocarbon blends that have lower global warming potential (GWP). In addition, the development of more efficient spray mechanisms and packaging has reduced the overall use of propellants in aerosol products. Sustainability initiatives within the personal care and household goods industries have further accelerated the shift toward greener propellants, as companies look to align their products with consumer preferences for environmentally friendly solutions.

What Role Does SPF Play in the Aerosol Market?

Sun protection factor (SPF) products, particularly in aerosol form, are a growing segment of the personal care market. The convenience and ease of application provided by aerosol sunscreens have made them popular among consumers, especially in regions with high exposure to ultraviolet (UV) radiation. The increasing awareness of skin cancer and the need for effective sun protection have driven demand for SPF products with higher protection levels and broad-spectrum coverage. As consumers seek greater convenience and efficacy in sun care products, aerosol-based SPFs are becoming more common, with manufacturers investing in formulations that provide even coverage and long-lasting protection.

What Is Driving Growth in the Aerosol, SPF, and Aerosol Propellants Market?

The growth in the aerosol, SPF, and aerosol propellants market is driven by several factors, including the rising demand for personal care and household products, increasing awareness of sun protection, and the push for environmentally friendly propellants. The personal care industry’s expansion, particularly in emerging markets, is boosting demand for aerosol-based products like deodorants, hair sprays, and sunscreens. Additionally, the shift towards sustainable propellants is reshaping the market as manufacturers adapt to regulatory requirements and consumer preferences for greener products. The continued innovation in packaging and spray technology, combined with the growing popularity of SPF aerosols, is further contributing to the market’s growth.

Select Competitors (Total 46 Featured) -

• Aeropres Corporation
• Akzo Nobel N.V.
• AVEFLOR AS
• Covestro LLC
• Honeywell International, Inc.
• Lapolla Industries, Inc.
• National Gas Company S.A.O.G
• Royal Dutch Shell PLC

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