1. Market Research
  2. > Automotive Market Trends
  3. > Industrial Fasteners Market Analysis By Product (Externally Threaded, Aerospace Grade, Other Standard), By Application (Automotive OEM, Machinery OEM, Construction, MRO) And Segment Forecasts To 2020

Industrial Fasteners Market Analysis By Product (Externally Threaded, Aerospace Grade, Other Standard), By Application (Automotive OEM, Machinery OEM, Construction, MRO) And Segment Forecasts To 2020

  • May 2016
  • -
  • Grand View Research
  • -
  • 80 pages

Summary

Table of Contents

Global Aerosol Propellants Market By Product (Hydrocarbons, DME, CFC), By Application (Households, Personal Care, Paints & Coatings, Medical) Is Expected To Reach USD 24.83 Billion By 2020.
February 2015
Global aerosol propellants market is expected to reach USD 24.83 billion by 2020. Increasing demand for aerosol products coupled with rising application in cosmetics is expected to drive market growth. Growing demand for aerosol propellants primarily in household products including air fresheners, disinfectants and insect repellents is expected to supplement market growth. Asia Pacific is expected to witness swift growth over the forecast period as a result of mounting demand for household products along with supportive regulatory scenario. Technological advancements and innovations to develop low cost, eco-friendly and low VOC products are further expected to serve as growth opportunities for the market over the forecast period.

Hydrocarbons were the largest product segment in 2013, accounting for over 80% of market demand in 2013. Hydrocarbons are expected to witness demand growth due to their low cost, high stability and low toxicity as compared to other propellants. In addition, hydrocarbons demand in deodorants, hair-sprays, shaving foams and antiperspirants is expected to help them maintain high market share over the next six years.

Further key findings from the study suggest:

Global aerosol propellants market demand was 9,137.7 kilo tons in 2013 and is expected to reach 12,494.7 kilo tons by 2020, growing at a CAGR of 4.6% from 2014 to 2020
Personal care was the largest application segment in 2013 and is expected to witness substantial growth over the forecast period on account of increasing demand for products including skincare, hair care, antiperspirants and deodorants. In addition, household applications are expected to witness fastest growth owing to increasing consumption for air fresheners and insect repellents.
Europe was the dominant regional market, accounting for over 35% of global demand in 2013. The market is expected to witness swift growth over the next six years owing to increasing demand for aerosol products in the region.
Asia Pacific is expected to witness fastest demand growth, at an estimated CAGR of around 5.5% from 2014 to 2020, owing to growing consumer awareness coupled with increasing disposable income in China, Australia, India, Malaysia, Japan and Indonesia. Moreover, increasing demand for personal care products such as deodorants among younger population primarily in India and China is expected to augment market growth.
Key market players include DuPont, Aveflor, Honeywell, Aeropres Corporation, Bayer MaterialScience AG, Lapolla Industries Inc., AkzoNobel, Emirates Gas, National Gas Company SAOG, K-G Packaging, Shanghai Cal Custom Manufacturing & Aerosol Propellants Co. Ltd., BOC Industrial Gases UK and Harp International. Various market participants have introduced propellants which offer low VOC formations and abide by air quality standards for consumer, household and industrial applications.
For the purpose of this study, Grand View Research has segmented the global aerosol propellants market on the basis of product, application and region:

Global Aerosol Propellants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- Hydrocarbons
- DME
- CFC
- Nitrous oxide and carbon dioxide
Global Aerosol Propellants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- Households
- Personal Care
- Paints & Coatings
- Medical
- Others
Global Aerosol Propellants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- North America
- Europe
- Asia Pacific
- RoW

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Digital Transformation of the Automotive Industry

Digital Transformation of the Automotive Industry

  • $ 10000
  • Industry report
  • March 2017
  • by Frost & Sullivan

Digitalization Spending to Grow Rapidly to $82.01 Billion in 2020 Research Scope In 2015, automotive industry investments in key focus areas were about $19.57 billion. Growing digitalization and advancements ...

Automotive Lightweight Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Automotive Lightweight Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 7795
  • Industry report
  • February 2017
  • by Transparency Market Research

Global Automotive Lightweight Materials Market: Overview This report analyzes and forecasts the market for Automotive Lightweight Materials at the global and regional level. The market has been forecast ...

Mobility on Demand Market by Service Type, Data Service, Connectivity, Vehicle Type, and Region - Global Forecast to 2025

Mobility on Demand Market by Service Type, Data Service, Connectivity, Vehicle Type, and Region - Global Forecast to 2025

  • $ 7150
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Growing need for personal mobility in wake of rising urbanization and fall in car ownership are expected to fuel the demand for mobility on demand” The mobility on demand market is projected to grow ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.