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The Aerosol Propellant Market 2022: Global Industry Analysis, Size & Growth 2027

The aerosol propellants market is projected to see significant growth by 2027 primarily driven by the escalating demand for disinfectant sprays during the pandemic. Moreover, increasing focus of manufacturers on eco-friendly aerosol propellants is expected to further support market growth through the forecast period.

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The Aerosol Propellant Market 2022: Global Industry Analysis, Size & Growth 2027

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  1. The Aerosol Propellant Market 2022: Global Industry Analysis, Size & Growth Forecast 2027 Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Aerosol Propellants Market: • The aerosol propellants market is projected to see significant growth by 2027 primarily driven by the escalating demand for disinfectant sprays during the pandemic. Moreover, increasing focus of manufacturers on eco-friendly aerosol propellants is expected to further support market growth through the forecast period. • After the COVID-19 outbreak, leading government health agencies recommended the use of disinfectants on surfaces to prevent the spread of the infection by killing the SARS-CoV-2 virus. Recently, the United States Centers for Disease Control and Prevention (CDC), in collaboration with the Environmental Protection Agency (EPA), has also confirmed that genetic mutations of the novel coronavirus would not hamper the efficacy of disinfectants.

  3. Continued... • Thus, the proliferating consumer demand for disinfectants to contain the spread of the COVID-19 pandemic has positively influenced industry outlook worldwide. Moreover, industry players have also been focusing on product development to meet consumer demands for effective disinfection, which has further enhanced market dynamics. • For instance, in June 2021, Lemi Shine, a cleaning products provider, launched its EPA-certified Disinfecting Spray in partnership with Wexford Labs. The spray, which has been created in compliance with EPA testing guidelines, is free from harsh chemicals and includes active ingredients that have proven to be effective against the SARS-CoV-2 virus that causes the COVID-19 illness. • The product, which is powered by compressed air, also promises to kill 99.9% of viruses (including the flu virus) and bacteria in half the time taken by other natural brands. As a result, the increasing integration of natural aerosol propellants is improving product adoption across the globe.

  4. Browse key industry insights spread across 250 pages with 187 market data tables & figures from the report, “Aerosol Propellants Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/aerosol-propellants-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/102

  5. Continued... • For comprehensive analysis, the aerosol propellants market has been bifurcated on the basis of product, application, and region. By product, the market has further been divided into nitrous oxide, DME & methyl ethyl ether, hydrocarbons, and others. The aerosol propellants market from the others product segment is estimated to grow at a CAGR of over 0.4% through the forecast period. • From the application perspective, the aerosol propellants market has been segmented into paints, personal care, medical, household, foods, automotive & industrial, and others. The automotive & Industrial sub-segment is anticipated to grow at above 7% CAGR over the analysis period.

  6. Continued... • The medical application segment is estimated to expand at a CAGR of approximately 5.5% over the projected timeframe. The aerosol propellants market from the paint sub-segment is calculated to grow at over 6.5% CAGR through the assessment period. The others application segment is anticipated to expand at a CAGR of around 2% over the study timeline. • On the regional spectrum, the LATAM aerosol propellants market is estimated to grow at a CAGR of over 6% through the analysis period. The MEA aerosol propellants market is projected to expand at around 5% CAGR through the forecast time period to amass a considerable revenue by 2027.

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