New York, NY -- (SBWIRE) -- 09/29/2020 -- The Global aerosol propellants market is projected to reach USD 12.06 billion by 2027. The main growth driver is expected to be the increased demand for aerosol products, such as air fresheners, paints, and deodorants. Furthermore, the growing application of personal care products should be fueling demand. Growth is expected to be led by increased aerosol use in cosmetics, pharmaceutical, and personal health care products. The rising demand for aerosol propellants is also boosting emerging economies' growing health care industry. However, the increasing demand for fragrances is promoting growth due to increased consumer purchasing strength.

The report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis. The pandemic has changed the market dynamics with disruption in the supply chain, changes in demands and trends, and economic scenario. The report analyses the initial and future impact of the COVID-19 pandemic on the growth of the market and offers insights into prospects and remuneration outlook in a post-COVID-19 scenario.

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The Global Aerosol Propellants Market is anticipated to dominate the economic landscape of the world, recording a substantial growth rate over the coming years. This growth can be attributed to the rapidly evolving industry infrastructure, commercialization, and changes in the demands of the Aerosol Propellants market. The   growth has established a strong foothold of the products and services offered by the Aerosol Propellants market.

Prominent players analyzed in the report are Arkema Group, Royal Dutch Shell Plc, Akzo Nobel N.V., Honeywell International Inc., National Gas Company SAOG, The Chemours Company, Aveflor A.S., Aeropres Corporation, Grillo Werke AG, Emirates Gas LLC, BOC Industrial Gases U.K. and Company, Solvay, The Linde Group, SRF Limited, AlzChem AG and Yara International, among others.

The report covers the profiles of the key contenders and offers an all-inclusive analysis of their business overview, market share, market size, production and manufacturing capacity, value chain analysis, and strategic initiatives such as mergers and acquisitions, collaborations, joint ventures, partnerships, and brand promotions and product launches among others. It also covers their sales channel and distribution network, along with import/export activities, market presence, product portfolio, and other key factors to offer a comprehensive overview of the competitive landscape.

Moreover, the report covers a thorough regional analysis to offer a better understanding of production and consumption patterns, supply and demand ratio, revenue contribution, market share and size, presence of prominent players, and import/export ratio.

For the purpose of this study, Reports and Data have segmented the Aerosol Propellants market on the basis of propellant type, product type, application, and region:

Propellant Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Liquefied Gas
Compressed Gas

Product Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Nitrous Oxide
DME
Hydrocarbons
Others

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Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Medical
Automotive
Paints & Coatings
Personal Care
Household
Others

The key geographical regions analyzed in the report are:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Aerosol Propellants Market Report:

Analysis and forecast of the Global Aerosol Propellants Market by segmentation of the market
Analysis of various macro and micro-economic factors influencing the growth of the market
Extensive SWOT analysis and Porter's Five Forces analysis to offer a detailed view of the competitive landscape
Insights into drivers, restraints, opportunities, limitations, threats, and challenges
Analysis of the key players operating in the industry
Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

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