The global aerosol valves market size was estimated at USD 1.6 billion in 2022 and it is projected to hit around USD 2.61 billion by 2032, growing at a CAGR of 5.10% during the forecast period 2023 to 2032.
The aerosol valves are the valves that can be useful for controlling the entry or exit of the fluid from the container, can, or tank. Aerosol valves can be used for the objective of controlling the pressure of the fluid that can exit as a fine spray from the can or container with just the use of the controller’s hand. These valves can be used in several types like paints containers, personal care products, etc. The global aerosol valve market is growing with the expansion of food and beverages, consumer goods, cosmetics and personal care industries.
The aerosol valves are just like the other valves that are found in the marketplace. The aerosol valve leverages pressure between two fluids one is high-pressure propellant fluid and the other one is which is expected to spray. It is made the creating a fine mist through the container, can, or tank. The aerosol valves can be easily handled by the controller’s hand. The controller can handle and customize pressure according to the need. In aerosol valves, the stem and stem gasket are considered as the most important types, stem and stem gasket is make a seal to the valves, so the propellant and the product will not leak and loss and result in financial loss.
The increasing disposable income and lifestyle changes will result in higher demand in the market in the upcoming period. With the increasing use of lifestyle products like personal care products, cosmetics range, homecare products, and other industrial use the aerosol valves had a significant market demand over the anticipated time period.
The aerosol valves can be used in air fresheners, cooking sprays, insecticides repellant, perfumes sprays, deodorants, medical sprays, etc. The rising application of such valves in the automotive industry is expected to fuel the growth of the market. The pharmaceutical industry will also show significant market growth in the upcoming years/ period. Regions like North America, Europe, and Asia-Pacific will likely expand their market size in the aerosol valves market due to the increase in lifestyle preferences changing lifestyle preferences and rising disposable income of people. The rising use of cosmetics and personal care products across the globe will cause an increasing demand for the aerosol valve market.
Report Scope of the Aerosol Valves Market:
|Market Size in 2023||USD 1.67 Billion|
|Market Size by 2032||USD 2.61 Billion|
|Growth Rate from 2023 to 2032||CAGR of 5.10%|
|Fastest Growing Market||Asia Pacific|
|Forecast Period||2023 to 2032|
|Segments Covered||By Material, By Type, and By Application|
|Regions Covered||North America, Europe, Asia-Pacific, Latin America and Middle East & Africa|
Increase in the demand for aerosol valves in the pharmaceuticals sector
The aerosol valves can be used in several industries like automotive cosmetics and pharmaceutical etc. Recently the pharmaceuticals industry has become one of the largest marketplaces for the aerosol valve market. Aerosol valves are objects which can spray with high pressure that builds in the fluid by the propellant in the can or container. The aerosol valves are used in several medical products like pain repellant sprays, inhalers, etc. Generally, the inhalers that use aerosol valves that are two types that are metered-dose inhalers and dry-powered inhalers. The use of aerosol valves increases in the pharmaceutical market because it treats direct to the part of the affected area of the body and it causes the quick healing of diseases or problems of the patients.
The use of aerosol valves in the pharmaceuticals drug increases the storage capacity and does not affect the properties of the drug because the drug which is stored in the containers is not coming directly to the atmospheric moisture and oxygen. Aerosol valves can be used in the severe or local disease drug type. With the use of aerosol valves, the drug can be dispensed in an adequate quantity and also the drug contamination is prevented. Considering the multiple advantages of aerosol valves in the pharmaceutical sector promotes the growth of the market during the forecast period.
Limitations with the aerosol valves
Though there are various benefits of aerosol valves in several industries like cosmetics, pharmaceuticals, automotive, etc. there are some disadvantages are also had that in the aerosol containers there are difficulties in the formation of the insoluble drug, thus the insoluble drug cannot be stored in the aerosol because of its thicker texture which does not react with the pressure and not easy to spray with the help of aerosol valves, the other one it is quite expensive as according to other drug formation type.
In case of long-term use, the propellant could behave in a toxic form which is not good for the health of the user. In some cases, the drug is contaminated by the metal which is used in the containers. It may be seen that in some cases the containers explode also due to some reasons. All these factors affect the aerosol valve market from growth.
The rising application of aerosol valves by the automotive industry
The increase in income and the rising lifestyle standards among the population will boost the automotive industry today and near future also. Increasing demand for auto vehicles will boost the market demand for the automotive sector. The rising concern about the environment and the cause of reducing the carbon emission from the environment is the population shifting from petrol-diesel vehicles to electric and hybrid vehicles. This shift of consumer choices towards sustainability will expect to boost the market demand for the aerosol valves market in the automotive industry. Therefore there are great future market opportunities for the aerosol valve market in the automotive industry.
The aluminum segment is expected to grow in the aerosol valves market in the forecast period. The market is dominated due to its properties such as its material thickness. The material aluminum enhanced the attractiveness of the package and it has a high durability as compared to other materials. Aluminum is an economically friendly product for the manufacturers for packaging purpose of multiple products. Additionally, the aluminum is recyclable material so it can be recycled again and again thus, it is environmentally friendly also.
The steel segment would show significant growth in the aerosol valves market in the analyzed period. The steel segment will likely continue the demand for the growth of the market due to its durability of material and strength of the material. The material could be used in the automotive and pharmaceutical industries.
The standard segment will continue to dominate the market over the anticipated period. The standard segment includes the metering-type valves that can be useful in the household, cleaning, industrial purposes, and homecare products. The metered dose is mainly useful for the metered dose.
On the other hand, the bag valves segment is projected to grow at a significant rate during the forecast period. Bag-in valves technology is used to isolate the product from the propellant gas, thus it can be useful in improving the shelf-life of the product. It uses nonflammable gas as a propellant, hence it is safer type than others.
The personal care segment will dominate the market in the forecast period. The personal care segment is increasing with the enormous demand and rising production of cosmetics and personal care products across the globe. Additionally, the advancements in the packaging solutions for the cosmetics and personal care products highlight the promising growth for the segment’s growth.
The medical segment is expected to witness a significant growth during the forecast period. In the medical segment growth is attributed to the rise in the packaging of the soluble drugs and the manufacturing of inhalers would result in the rising demand for aerosol valves in the pharmaceutical industry.
Europe dominated the global aerosol valves market in 2022 with the largest revenue share. The increased demand is attributed to the growing disposable income and increasing lifestyle which tends to the higher demand for the aerosol valves market. The aerosol valves can be used in various industries like cosmetics, automobiles, and others. The high-end use of cosmetics in the younger generations would result in a higher demand for aerosol valves for cosmetic packaging such as deodorants, perfumes, and other skin care products. Recent reports show that Europe has the biggest consumer market for the cosmetics market.
North America has a significant market share in the growth in the forecast period. The higher demand from the automotive industry will lead to the growth of the aerosol valves market in North America during the forecast period. The rising demand for pharmaceutical drug packaging is another factor observed for the market’s growth in the region. The rising prevalence of the pharmaceutical industry will boost the demand for the aerosol valves in the market. In North America, the United States will lead the market due to the innovative packaging style of the product for the end-use consumers.
Asia-Pacific is observed as the fastest-growing market in aerosol valves market during the forecast period. The growth of the market in Asia Pacific is driven by the enormous demand for industrial and pharmaceutical packaging. The infrastructural development in regions like India and China will likely expand the demand for the aerosol valves in the near future.
As compared to other regions, the Middle East and Africa show steady growth. The Middle East and Africa will likely expand in the coming future due to the increasing demand for personal care products and the all over expansion of multiple end-users in the regions.
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Segments Covered in the Report:
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