Global Aerosol Valve Industry Market Report Description:
Global aerosol valve industry market report gives comprehensive outlook on aerosol valve industry across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on global aerosol valve industry market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and regions. This report studies global aerosol valve industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global aerosol valve industry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global aerosol valve industry market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global aerosol valve industry market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global aerosol valve industry products.
Global Aerosol Valve Industry Market:
The global aerosol valve industry market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Aerosol valves are devices that release products in spray mode from containers under pressure. It finds a wide range of application in the fields of hair sprays, personal care, households, food products, and insecticides. This further drives the market growth. Most aerosol valves are continuous spray mode. In addition, metered dose aerosol valves are used for unambiguous applications, chiefly for air fresheners and pharmaceutical sector. This has a positive impact on the market growth. However, stringent government regulations and lack of availability of alternatives in terms of packaging and price dampens the growth of market.
Rising Demand from Various End User Industries
Spray painting is the leading segment and is anticipated to register a significant CAGR in the coming years. Spray paintings are widely used on commercial scale which is expected to bolster the demand for aerosol valves. Infrastructure advancements and rapid urbanization is anticipated to upsurge the demand in construction segment. Automotive and industrial segment is expected to be one of the leading segment during the forecast period. This can be attributed to the rising disposable income for the automotive manufacturing. High replacement rate of the petrol/diesel care with hybrid or of electric cars in the developed economies is also expected to drive the segment growth. Rapid use if aerosols in food industries is projected to boost the food sector during the forecast period.
Europe Accounts for Larger Market Revenue Share in Global Aerosol Valve Industry Market
Europe offers a lucrative growth in the global market. It is projected to contribute a notable CAGR during the forecast period. Germany, UK, and France has positively impacted the global aerosol valves industry market. The growth in this region can be attributed to the large presence of aerosols manufactures. Asia Pacific is one the potential market. Rising expenses of the consumers for the personal care products coupled with government ingenuities boosting new investments is expected to drive the growth in Asia Pacific. North America is expected to witness the second highest CAGR due to rising demand of aerosols valves in personal care products.
Key player’s profiles in the global aerosol valve industry market include:
- Aptar Group
- Aroma Industries
- Ehrensperger AG
- EC Pack Industrial Ltd
- Newman-Green Inc.
- Mitani Valve Co. Ltd
- Lindal Group
- Coster Group
- DS Containers
- Precision Valve Corporation
Key players in aerosol valve industry market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, – September 26, 2018: Precision Global has expanded its bag-on-valve (“BOV”) system production line capacities in order to meet the growing customer demand for this innovative aerosol solution.
Key Findings of the Report:
- Global aerosol valve industry market expanding at significant CAGR over 2019 to 2025 due to increasing regulations related to fire safety.
- Based on application, spray painting segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global aerosol valve industry market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.
By Application Type
- Air fresheners
- Automotive & industrial
- Rest of Europe
- Rest of Asia Pacific
- Rest of Latin America
Middle East and Africa
- South Africa
- Gulf Corporation Council Counties (GCC)
- Rest of MEA