San Francisco, 11 April 2019: The Report Aerosol Valves Market Size, Share & Trends Analysis Report By Application
(Household, Food, Personal Care, Automotive & Industrial, Food, Paints,
Medical), By Region (North America, APAC, Europe), And Segment Forecasts, 2019
- 2025
The global aerosol valves market size is projected to reach USD 1.63 billion by 2025
expanding at a CAGR of 4.2% over the forecast period, according to a new report
by Grand View Research, Inc. Increasing product penetration in the healthcare
industry for products, such as asthma inhalers and other types of sprays, is
expected to boost the demand over the forecast period. Growing consumption of
personal care and household products in various countries is also anticipated
to drive the product demand. In addition, the introduction of innovative
personal care and household products by FMCG manufacturers, such as P&G, is
expected to augment the demand for aerosol components including valves.
The components used for the manufacturing
of aerosol valves, such as gaskets, seals, springs, and dip tubes, are
available in abundance owing to the presence of a large number of
manufacturers. In addition, low product differentiation enables easy supplier
switching at a low cost. The combined effect of this has resulted in low
bargaining power of suppliers. Companies in the industry are focusing on
product innovation for the development of eco-friendly components using latest
aerosol technologies. Over the past few years, there has been a shift from traditional
manufacturing to enhanced sustainability, which includes reduced use of energy
and raw materials.
Access Research Report of Aerosol Valves
Market @ https://www.grandviewresearch.com/industry-analysis/aerosol-valve-market
Further key findings from the study suggest:
· Continuous valves accounted for 35.76% of
the global revenue share in 2018 due to its increased penetration in personal
care products like deodorant cans, shaving creams, and waxes
· The consumption of the product in
automotive & industrial segment is expected to grow at 5.6%, in terms of
revenue, from 2019 to 2025 owing to high demand for aerosol lubricants and
greases by various manufacturing industries
· The Asia Pacific accounted for 19.47% of
the global revenue in 2018 due to increased consumer spending on personal care
products and rising demand for automobiles in India and China
· Some of the companies in the industry
include DS Corporation, LINDAL Group, Coster Tecnologie Speciali S.p.A.,
Precision Valve Corporation, and Summit Packaging Systems.
· Most of them focus on offering customized
products, such as engraved client logo on the actuator head, to obtaining a
significant share in the global aerosol valves market
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/advanced-materials
Grand View Research has
segmented the global aerosol valves market on the basis of application and
region:
Aerosol Valves Application Outlook (Volume,
Million Units; Revenue, USD Million, 2014 - 2025)
·
Personal Care
·
Household
·
Automotive & Industrial
·
Food
·
Paints
·
Medical
·
Others
Aerosol Valves Regional Outlook (Volume, Million Units;
Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Aerosol Valves Market@ https://www.grandviewresearch.com/press-release/global-aerosol-valve-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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