The global aerosol valves market size is anticipated to gain a traction during the forecast period, 2019 – 2026. Technological evolution in the recent years witnessed a heavy increase in the demand for packaging products for medical, industrial and automotive sector. Surge in production of user based applications is driving the demand for aerosol valves market.
The consumer sector such as hairsprays, deodorants, air-fresheners and other disinfectants enlarged since the last three decades. Aerosols are pressurized dosage forms that emit a fine dispersion of liquid containing an active ingredients in the gaseous form. Aerosol products are designed to exhibit their contents in the forms like steam, dry spray or foam. Advantages in using an aerosol is it can be easily withdrawn without any contamination to the material. Aerosol containers ensure a high shelf life of medicinal agents and protects inner contents from contamination by moisture and light. Efficacy of an aerosol mainly depends on achieving the suitable mix of formulation, container and valve assembly. The valve and container must be in a position to exhibit endurance for pressure required by the inner content; in addition, the container must also resist corrosion as the valve must contribute to the form of product. The function of valve assembly is to enable expulsion of contents within the can in the preferred form and must meet the dose or amount as prescribed. Aluminum, rubber, stainless steel and rubber are the common materials used for valves.
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Technically, an aerosol system works in accordance with type of propellant and amount of product concentrate. The two-phase system aerosol comprises the liquid phase containing the liquefied propellant while the three-phase system comprises immiscible liquid propellant and a layer of high aqueous product. Commercially, aerosol valve comes in two types such as vertical and tilt valve that caters to a particular set of application. As the market experiences growth in consumer spending based on disposable income, there are new opportunities sliding in the aerosol valves market. Awareness for pest-control and hygiene is likely to enhance the use of aerosol valves during the forecast period.
Market AnalysisMarket Research Future (MRFR) predicts the Global Aerosol Valves Market to reach USD 2.5 billion at a CAGR of 5.2% from 2020 to 2027 (forecast period).Aerosol is a particle suspension in the atmosphere.
Aerosol valves are commonly used in the packaging of food, personal care products, hairsprays, deodorants, pharmaceuticals, insecticides, and other household products.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/6219Because of their ease of use, aerosol-based products are extensively accepted by a large number of consumers, which fuels the popularity of aerosol valves in packaging.
However, the disposal of aerosol valves and environmental concerns present a challenge to the growth of the aerosol valve market.COVID-19 Impact on the Global Aerosol Valves MarketThe global outbreak of a new coronavirus pandemic is expected to cause a slight slowdown in the industry.
Due to labor shortages, manufacturing operations have come to a halt.
This has resulted in a major decline in demand from end-use industries.Regional AnalysisThe key regions included in the market analysis of aerosol valves are the Americas, Asia Pacific, Europe, and the Middle East, and Africa.North America dominated the aerosol valves market in 2017.
This was due to high purchasing power, the growing demand for personal care, automotive, healthcare and food products from the developed economies of the U.S. and Canada.
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Global Aerosol Valves Market was valued US$ 2.81 Bn in 2017 and is expected to reach US$ 4.80 Bn by 2026, at a CAGR of 6.92 % during a forecast period.
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This report intends to study the developments of the Aerosol Valves Market in, including its development status, applicant profiles and future trends, along with focus on the top Key players in the market Aerosol Valves industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
For more information, please visit https://www.maximizemarketresearch.com/market-report/global-aerosol-valves-market/17262/#inquiry The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
The report "Aerosol Valves Market by Type (Metered, and Continuous), End-use sector (Personal care, home care, Healthcare, Automotive), And Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Global Forecast to 2022", The aerosol valves market size is projected to grow from USD 2.71 Billion in 2017 to reach USD 3.30 Billion by 2022, at a CAGR of 4.03%.♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203131656 Browse 132 market data Tables and 23 Figures spread through 143 Pages and in-depth TOC on "Aerosol Valves Market”North America accounted for the largest share of the aerosol valves market in 2016.North America, with developed economies such as US and Canada, is expected to drive the aerosol valves market.
Focus on reducing packaging waste would drive the growth of the aerosol valves market in North America, as they are cost-effective and reduce wastage by increasing the shelf life of the product.
The US is projected to dominate the North American aerosol valves market through 2022.
The growth in the personal care and home care industries is expected to drive the demand for aerosol valves in the US.
In addition to this, factors such as economic growth, the rise in competition among manufacturers, consumer preference for high-quality, convenient, visually appealing, and sustainable packaging, would also drive the demand for aerosol valves in this region.The major players include Aptar Group (US), Precision Valve Corporation (US), Coster Tecnologie Speciali (Italy), LINDAL Group Holding (Germany), Mitani Valve (Japan), Summit Packaging Systems (UK), Clayton Corp. (US), Newman Green (US), KOH-I-NOOR Mladá Vožice a.s. (Czech Republic), and SALVALCO (US).
Companies have adopted strategies such as new product launches, mergers & acquisitions, expansions, and investments to cope with the increase in demand in the emerging markets.♦ Request Sample Report – https://www.marketsandmarkets.com/requestsampleNew.asp?id=203131656Based on End-use Sector, the market has been segmented as follows:Personal careHome careHealthcareAutomotiveOthers (food & beverage and electronics)Based on Region, the market has been segmented as follows:North AmericaEuropeAsia PacificMiddle East & AfricaLatin America
Global Aerosol Valves Market was valued US$ 2.81 Bn in 2017 and is expected to reach US$ 4.80 Bn by 2026, at a CAGR of 6.92 % during a forecast period.The report is majorly segmented into Type, End-user Sector, and region.
Further, Aerosol Valves Market based on Type includes Continuous, Metered.
End-user Sector segment is sub-segmented into Personal care, Homecare, Healthcare, Automotive, and Others.
Whereas region segment had segmented the geographies into five continents i. e. North America, Europe, Asia-Pacific, Latin America, and Middle East Africa.Click Here to Get Sample Premium Report @ https://www.trendsmarketresearch.com/report/sample/11042Based on the type, In terms of value and volume, continuous aerosol valves cover the large aerosol valves market during the forecast period.
Due to its wider acceptability in various end-use industries.
The rising concerns about safety and hygiene also drive the demand for continuous aerosol valves.
