San Francisco, 26 September 2018 - The global aerosol caps market is expected to reach USD 440.5 million by 2025, growing at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Increasing demand for the product in aerosol used in personal care and household application is expected to drive growth.
Growing demand for the aerosols in the automotive & industrial application is expected to drive industry growth over the next eight years. The increasing utilization of aerosol paint cans in enhancing the aesthetic value of the vehicle is expected to drive the demand over the forecast period. The increasing use of aerosol products in the personal care industry is expected to have a positive impact on the demand. However, the substitution by new technologies in the aerosol industry is expected to restrain growth. In addition, the rising environmental & human health concerns pertaining to aerosol products is expected to restrain growth. The industry is fragmented with local manufacturers accounting for majority of the market share. These players cater to their existing customers and provide personalized services to retain them. As a result, players catering to the global market struggle to acquire new customers in a supplier saturated market. Full Research Report On Global Aerosol Caps Market By Grand View Research: www.grandviewresearch.com/industry-analysis/aerosol-caps-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials Grand View Research has segmented the global aerosol caps market on the basis of application and region: Aerosol Caps Application Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-aerosol-caps-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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