Aerosol Market Segmentation:
Propellant Type (Compressed Gas Propellants, Liquefied Gas Propellants, Miscellaneous Propellants)
Compressed gas propellants segment is expected to capture over 41.3% aerosol market share by 2035. Due to their versatility and scalability, compressed gas propellants are the industry standard in the aerosol sector. They are perfect for a variety of applications, such as pharmaceuticals, personal care items, cosmetics, and home cleaners, due to their dependable and effective performance. By providing exact control over dispensing, these propellants guarantee reliable product delivery and save waste.
Furthermore, due to their inert nature, they can be used with a wide range of formulations, including liquids and foams, without sacrificing the integrity of the final product. Furthermore, as these propellants are non-toxic, non-flammable, and blend in with strict regulatory requirements, they are preferred across several applications. In October 2023, Coster Group announced the launch of CosterEco, a novel technology to enhance the transition of aerosol to compressed gases.
Can Type (Aluminum, Steel, Plastic)
By the end of 2035, aluminum segment is set to account for more than 45.9% aerosol market share. Aluminum's favorable qualities are the main reason it dominates the market. Aluminum is a strong, lightweight material with an excellent strength-to-weight ratio, aerosol products can be handled and transported with efficiency. Its resistance to oxygen, light, and moisture maintains product stability and extends shelf life.
Aluminum is also completely recyclable, which makes it an environmentally acceptable material best suited to cater to consumer demands for more eco-friendly packaging. Due to its adaptability, manufacturers have more options to enhance their brand through elaborate and customizable designs. Furthermore, the ability of aluminum to resist corrosion maintains product integrity, upholding the caliber of formulations across a range of applications.
Our in-depth analysis of the global aerosol market includes the following segments:
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