Rise in disposable income, rapid urbanization and increasing health awareness have changed the lifestyle of consumers in developed and developing regions.
Portland, OR -- (SBWIRE) -- 08/09/2017 -- Owing to the rising demand in numerous personal care applications including skincare, hair care, antiperspirants, deodorants, etc., there is an increasing adoption of aerosol propellants. Various environmental organizations are also facilitating the adoption of some eco-friendly aerosol propellants. For example, U.S. Environmental Protection Agency (EPA) has permitted the use of hydrocarbon aerosol propellants considering its zero risk toward ozone layer depletion.
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Moreover, increasing aging population is expected to boost the market due to the rising consumption of anti-aging cosmetics containing aerosol propellants. However, EPA has imposed conditional restrictions on the manufacturing and usage of various aerosol propellants including hydrochlorofluorocarbon (HCF), Dimethyl Ether (DME) due to their adverse effect on health and environment. This is expected to restrain the global aerosol propellants market. The market holds immense future potential as increasing technological advancements and development by various companies are underway for the production of low-cost and eco-friendly aerosol propellants.
The global aerosol propellants market is segmented on the basis of type, application and geography. In terms of type, the market is segmented into compressed gas propellant and liquefied gas propellant. Compressed gas propellant is further segmented into carbon dioxide, nitrous oxide and nitrogen. Similarly, liquefied gas propellant is categorized into hydrocarbons, fluorocarbons and ethers. Among all aerosol propellant, hydrocarbons propellants, such as propane, isobutene and n-butane have low cost, less toxicity and high stability; therefore, these propellants caters wide range of applications in various industries.
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