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Showing posts with the label Aerosol Propellant Market Trend

Aerosol Propellant Market Global Scope and Trends Overview by 2025

The market is expected to grow owing to increasing adoption of the aerosol based household and personal care products primarily in the developing economies including China, India, Indonesia, and Thailand. The Global Aerosol Propellants Market size is expected to reach USD 11.28 billion by 2025, according to a new report by Grand View Research, Inc. The aerosol propellants market growth is primarily dependent on the availability of raw materials such as natural gas and crude oil, with the prices of such gasses changing in accordance to the price of the raw materials. The pricing of aerosol propellants is dependent on the price of natural gas and crude oil that act as raw materials for the extraction of the propellants. Increasing production of natural gas in North America and Asia Pacific is expected to drive the demand for the product over the next nine years-. Increasing technological initiatives leading to the production of advanced cans with the superior aesthetic appeal