Aerosol Valve Industry Market Opportunities, Business Forecast To 2028
The global aerosol valve market size was valued at USD 2,943.6 million in 2021. It is expected to reach USD 3,595.72 million by 2028, at a CAGR of 2.9% during the forecast period 2022 to 2028. Aerosol valves are the devices that allow substances to be released from a can or container. Valve, propellant, container, actuator, and product concentrate are the five major components of aerosol valves. The aerosol is basically a suspension of atmospheric particles. Food items, deodorants, hair spray, pesticides, personal care, pharmaceuticals, or other household products all benefit from these aerosol valves.
View Detailed
Report Description at https://precisionbusinessinsights.com/market-reports/global-aerosol-valve-industry-market/
Over the projected period, rising product
penetration in the healthcare sector for items such as asthma inhalers as well
as other types of sprays is expected to enhance demand. Product demand is
expected to be driven by rising personal care and household product consumption
in various countries. Furthermore, the launch of novel personal care and
household goods by FMCG companies such as P&G is likely to boost demand for
aerosol components such as valves. Due to the huge number of manufacturers,
components needed in the fabrication of aerosol valves, including as gaskets,
seals, springs, and dip tubes, are readily available. Furthermore, low product
differentiation allows for low-cost supplier change. The combined effect has
resulted in suppliers having less negotiation power. Companies in the industry
are concentrating on product innovation in order to manufacture eco-friendly
components employing the most up-to-date aerosol technologies. There has been a
movement in manufacturing over the last few years from traditional production
to increased sustainability, which includes reduced energy and raw material
use.
The global aerosol valve market
segmentation:
1) By Valve Type: Vertical Aerosol Valve
and Tilt Aerosol Valve.
2) By Valve Functionality: Continuous and
Metered.
3) By End User: Automotive, Healthcare,
Personal Care, Home Care, Medical, Paints, Food and Other End Users.
Owing to the huge number of aerosol
manufacturers in the region, Europe dominates the aerosol valves industry.
Because of its high economic growth, Asia-Pacific (APAC) is predicted to be the
fastest expanding market over the projection period of 2022 to 2029. In
addition, numerous important market players in the global Aerosol Valves Market
sector are currently concentrating their efforts on forming effective joint
ventures, acquisitions, and/or partnerships in order to increase their
respective consumer bases. They will be able to increase their target bases by
being able to cater to them on both a global and domestic level as a result of
this. This factor, together with good prospects arising from developing
countries in the Asia-Pacific region such as India, China, Taiwan, Indonesia,
and others, is expected to boost commercial opportunities for concerned players
throughout the projection period.
Request sample
report at https://precisionbusinessinsights.com/request-sample/?product_id=32207
There are several industry
players working in the Aerosol Valve
Industry Market, which include Allurion Technologies (U.S.) Silimed inc.
(Brazil) Obalon Therapeutics Inc. (U.S.) Districlass Medical (S.A.) (France)
ReShape Medical Inc. (U.S.)
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and
customized research services to meet research requirements. We are a leading
research service provider because of our extensive database built by our
experts and the services we provide.
Contact:
Mr.
Satya
Precision
Business Insights| Toll
Free: +1 866 598 1553
Email:
sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number:
852781747
Comments
Post a Comment