Aerosol Propellants Market Trends Cheap LeBron James Jersey , Growth Prospects To 2020: Grand View Research, Inc. Business Articles | February 18, 2016
New Market Research Reports Title “Aerosol Propellants Market Analysis Size and Segment Forecasts to 2020” Has Been Added to Report Database
Global?Aerosol Propellants?Market is expected to reach USD 24.83 billion by 2020, according to a new study by Grand View Research, Inc. 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 Cheap Gerald Green Jersey , 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.
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Further key findings from the study suggest:
Global aerosol propellants market demand was 9 Cheap Mario Chalmers Jersey ,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 Cheap Luol Deng Jersey , 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 Cheap Josh McRoberts Jersey , 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 Cheap Chris Bosh Jersey , Lapolla Industries Inc., AkzoNobel, Emirates Gas, National Gas Company SAOG, K-G Packaging, Shanghai Cal Custom Manufacturing & Aerosol Propellants Co. Ltd. Cheap Dion Waiters Jersey , 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.
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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 Cheap Kelly Olynyk Jersey , 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 Cheap Tyler Johnson Jersey , 2012 - 2020) ? ??• North America ? ??• Europe ? ??• Asia Pacific ? ??• RoW
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