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The global aerosol paints market is expected to exhibit a CAGR of 6.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Aerosols are crystalline, homogeneous particles composed of fine liquid droplets or solid particles in the air or another gas. These particles are utilized in perfumes, medical products, paints, deodorants, and room fresheners. Aerosol paint, or spray paint, is stored in pressured cans and applied on surfaces for both aesthetics and protection. Other than a roller and paintbrush, spray painting is one of the most preferred ways of applying paint. As compared to conventional paints, spray paints have unique atomization, and storage, and application methods. Spray paints can be designed for a wide range of surfaces like metals, plastic, wood, glass, and masonry and are available in different forms, including stains, glossies, enamels and flats.
Extensive utilization of aerosol paints in the construction sector represents one of the key factors driving the market growth. In line with this, the steadily increasing infrastructural development across the globe is also acting as a major growth-inducing factor. Primarily due to their high quality, quick-drying, and easy applicability, aerosol paints can be used on both new and existing structures, such as monuments, private offices, factories, residential spaces, and public buildings, which is increasing their demand. In addition to this, spray paints are increasingly replacing conventional paints on a large scale as they are cost-effective and aesthetically pleasing, which is contributing to their market growth. Moreover, governments of several nations have started implementing stringent regulations to curb the increase in volatile organic compound (VOC) emissions. This has prompted manufacturers to develop eco-friendly variants of aerosol paints, which, in turn, is expected to further create a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global aerosol paints market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on raw material, technology and application.
Breakup by Raw Material:
Breakup by Technology:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aeroaids Corporation, Kobra Spray Paint, LA-CO Industries Inc., Masco Corporation, Montana Colors S.L., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Rust-Oleum (RPM International Inc.), Southfield Paints Ltd., The Sherwin-Williams Company and Valspar Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Raw Material, Technology, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Aeroaids Corporation, Kobra Spray Paint, LA-CO Industries Inc., Masco Corporation, Montana Colors S.L., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Rust-Oleum (RPM International Inc.), Southfield Paints Ltd., The Sherwin-Williams Company and Valspar Corporation|
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We expect the global aerosol paints market to exhibit a CAGR of 6.40% during 2022-2027.
The extensive utilization of aerosol paints in the construction sector based on their high quality, quick-drying, and easy applicability properties, is primarily catalyzing the global aerosol paints market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous construction activities, thereby limiting the demand for aerosol paints.
Based on the raw material, the global aerosol paints market can be segmented into acrylic, alkyd, epoxy, polyurethane, silicone, and others. Among these, acrylic accounts for the majority of the global market share.
Based on the technology, the global aerosol paints market has been divided into solvent-borne and water-borne. Currently, solvent-borne technology exhibits a clear dominance in the market.
Based on the application, the global aerosol paints market can be categorized into construction, automotive, wooden furniture, architectural coatings, industrial coatings, and others. Among these, the construction sector currently holds the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global aerosol paints market include Aeroaids Corporation, Kobra Spray Paint, LA-CO Industries Inc., Masco Corporation, Montana Colors S.L., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Rust-Oleum (RPM International Inc.), Southfield Paints Ltd., The Sherwin-Williams Company, and Valspar Corporation.
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