Latest industry research report on Aerosol propellants Market. Rise in disposable income, rapid urbanization and increasing health awareness have changed the lifestyle of consumers in developed and developing regions. 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. Moreover, increasing aging population is expected to boost the market due to the rising consumption of anti-aging cosmetics containing aerosol propellants.
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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.
For instance, in January 2015, SRF Limited has acquired DuPonts pharmaceutical propellant brand named Dymel for $20 million.
The global aerosol propellants market is segmented as below:
Aerosol Propellant Market – By Type
- Compressed gas propellants
- Carbon dioxide
- Nitrous oxide
- Liquefied gas propellants
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Aerosol Propellant Market – By Application
- Personal care
Aerosol Propellant Market – By Geography
- North America
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