Return to: Business NewsAerosol Caps Market Size, Share & Trends Analysis Report By Application, Region, And Segment Forecasts, 2018 - 2025The global aerosol caps market size is expected to reach USD 440.5 million by 2025, growing at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Increasing demand for the product in aerosol used in personal care and household application is expected to drive growth. Growing demand for the aerosols in the automotive & industrial application is expected to drive industry growth over the next eight years. The increasing utilization of aerosol paint cans in enhancing the aesthetic value of the vehicle is expected to drive the demand over the forecast period. The increasing use of aerosol products in the personal care industry is expected to have a positive impact on the demand. However, the substitution by new technologies in the aerosol industry is expected to restrain growth. In addition, the rising environmental & human health concerns pertaining to aerosol products is expected to restrain growth. For More Details please visit link @: http://www.grandviewresearch.com/industry-analysis/aerosol-caps-market The industry is fragmented with local manufacturers accounting for majority of the market share. These players cater to their existing customers and provide personalized services to retain them. As a result, players catering to the global market struggle to acquire new customers in a supplier saturated market. Further key findings from the report suggest: • Personal care accounted for 45.3% of the overall revenue share in 2016 on account of the growing demand for aerosol products in hair care and skin care applications coupled rising consumer grooming standards • Automotive & industrial applications accounted for over 23.5% of the volume share in 2016 owing to high utilization of bug & tar remover, cleaner, degreaser aerosol sprays coupled with growing automotive industry • Food & paints applications accounted for over USD 75 million on account of the growing demand for aerosol technology in manufacturing spray paint cans, cheese cans and other related products • The U.S. accounted for 24% of the overall aerosol caps market owing to the presence of major automotive players in the country coupled with increasing demand for aerosol technology in automotive industry • The major players in industry are vertically integrated and adopt different technologies for improving the quality of raw materials and molding techniques to enhance the quality of the aerosol caps To Request a sample copy please visit @: https://www.grandviewresearch.com/industry-analysis/aerosol-caps-market/request/rs1 Grand View Research has segmented the global aerosol caps market on the basis of application and region: Aerosol Caps Application Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025) • Personal Care • Household • Automotive & Industrial • Foods • Paints • Medical • Others Aerosol Caps Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025) • North America o U.S. o Canada o Mexico • Europe o Germany o UK o France • Asia Pacific o China o India o Japan • Central & South America o Brazil • Middle East & Africa For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/4661/ibb About Grand View Research Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunit ... News Release: Aerosol Caps Market Size, Share & Trends Analysis Report By Application, Region, And Segment Forecasts, 2018 - 2025 Submitted on: June 29, 2020 09:29:04 AM Submitted by: sitakant On behalf of: www.prhub.com |