Global Aerosol Valve Market Report and Forecast 2024-2032

Global Aerosol Valve Market Outlook

The global aerosol valve market stood at a value of around USD 1546.47 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.10% to reach USD 2220.23 million by 2032.

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The Continuous Segment Holds a Significant Share in the Global Aerosol Valve Industry

Continuous aerosol valves are likely to witness a significant growth in the market owing to the increased demand for aerosol-based pharmaceutical products in the drug delivery system and the rising demand for stainless steel aerosol valves. The various advantages offered by stainless steel based aerosol valves include corrosion resistance, heat resistance, greater hygiene, and greater long-term value. In addition to this, the high impact resistance offered by the product makes it ideal for use in various industries including pharmaceutical, automotive, and personal care, among others. Furthermore, the rising application of continuous aerosol valves in deodorants, spray paints, and various personal care products is anticipated to aid the segment’s growth in the forecast period.

North America Accounts for a Significant Share in the Market

The expansion of the major end use industries of the product, including automotive, pharmaceutical, home care, and personal care and cosmetics, is driving the market in the region. In addition to this, the strong foot hold of major deodorant and perfume companies in the United States and Canada is likely to offer lucrative opportunities to the market in the forecast period. Moreover, the flourishing home care sector in the region owing to the increasing disposable income and rising demand for spray-based disinfectants is anticipated to aid the market in the region.

Aerosol Valve: Market Segmentation

Aerosol valve is defined as a device mounted on a container containing a fluid or liquid. The main function of aerosol valve is to regulate the entry and exit of the fluid from the container in the form of spray. In other words, aerosol valves create a fine mist by leveraging pressure between two fluids through an atomiser. This product is used extensively in automotive, personal care, home care, and pharmaceutical industries, among others.

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Based on type, the market can be bifurcated into:

• Continuous 
• Metered

On the basis of end-user industry, the market is segmented into:

• Personal Care 
• Home Care 
• Health Care 
• Automotive
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Application of Aerosol Valve in the Pharmaceutical Industry to Boost the Growth of the Aerosol Valve Industry

The market is being driven by the rising applications of aerosol valve in the pharmaceutical industry. This can be attributed to the increasing demand for pharmaceutical aerosols, rising healthcare awareness, and increasing healthcare expenditure across the emerging economies. Pharmaceutical aerosols can be applied directly without any mess and this is likely to be a major factor driving the aerosol valve industry in the forecast period. Meanwhile, the thriving personal care industry, owing to the rising demand for aerosol-based cosmetics, is likely to be another driving factor for the market. The changing consumer preference towards aerosol cans instead of conventional creams and foams used by hand is anticipated to support the product demand. In addition to this, aerosol valve is an integral component in the manufacturing of deodorants and perfumes. Hence, the rising demand for deodorants and perfumes, owing to the rising disposable income, increasing awareness about hygiene, aggressive branding and promotion strategies, and rapid development of supermarkets and hypermarkets, is anticipated to provide a further impetus to the market in the forecast period.

Key Industry Players in the Global Aerosol Valve Market

The report gives a detailed analysis of the following key players in the global aerosol valve market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• AptarGroup, Inc.
• Precision Valve Corporation.
• Coster Tecnologie Speciali SpA
• Lindal Group Holding GmbH
• Mitani Valve Co.,Ltd.
• Summit Packaging Systems Inc.
• Clayton Corporation
• Newman Green Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report