Urbanization and Growth of E-Commerce Fuels Aerosol Propellants Market Growth
According to our latest study on "Aerosol Propellants Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis – by type and application," the market value is expected to surge from US$ 11.88 billion in 2024 to US$ 16.12 billion by 2031; the market is estimated to register a CAGR of 4.5% during 2025–2031. The aerosol propellants market report highlights factors driving the market growth and aerosol propellants market trends, as well as profiles prominent players, along with their developments.
Increasing regulations related to the environment have prompted movement towards sustainable formulations, subsequently increasing the use of low GWP (Global Warming Potential) propellants, such as hydrofluoroolefins (HFOs) and compressed gases. These propellants are preferred due to their low impact on the environment and their compatibility with multiple applications within personal care, household products, and industrial products. The widespread consumer acceptance of convenient, ready-to-use products in the form of deodorants, hairsprays, and cleaning sprays is promoting growth in the market. Advancements in aerosol technology, such as improved valve systems and packaging, improve the product's performance and safety. Urbanization and rising disposable income in developing economies are key factors driving demand for aerosol-based products in Asia Pacific and Latin America. The aerosol propellants market is prepared to face these limitations with innovation to establish sustainable propellants as well as sustainable applications found in pharmaceuticals and the food industries. The aerosol propellants market growth is high in regions that prioritize environmental compliance and consumer convenience.
Aerosol Propellants Market Breakdown – By Region
Aerosol Propellants Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Dimethyl Ether (DME), Hydrofluorocarbons (HFC), Hydrofluoroolefins (HFO), Other Hydrocarbons, and Others), Application (Personal Care, Household, Medical, and Others)
Aerosol Propellants Market Share & Growth Forecast 2025-2031
Download Free Sample
The aerosol propellants market analysis has been performed by considering the following segments: type and application. Based on type, the market is segmented into dimethyl ether (DME), hydrofluorocarbons (HFC), hydrofluoroolefins (HFO), other hydrocarbons, and others. The hydrofluoroolefins (HFO) segment is likely to register a significant CAGR during 2025–2031. Per application, the market is categorized into personal care, household, medical, and others. The personal care segment held a significant share of the market in 2024.
In terms of revenue, APAC dominated the aerosol propellants market share in 2024. China dominated the Asia Pacific aerosol propellants market share in 2024. There is a growing consumer desire for value and industrial development in China. With a growing population, people now have high disposable incomes and demand for personal care, household, and automotive products, which all depend on aerosol propellants. These aerosol propellants have an efficiency and flexibility of use in many applications, such as cosmetics, pharmaceuticals, and food packaging. The push by the Chinese government for eco-friendly and low-VOC (volatile organic compound) propellants supports the global sustainability trend and motivates consumers to buy and use eco-friendly products, such as hydrofluoroolefins (HFO) propellants. This increased demand has created more interest in alternatives to enhance the environmental movement. Hydrofluoroolefins (HFO) are considered a standard for "green" aerosol propellant alternatives. There is also an increasing number of domestic manufacturers in China that are innovating and inventing formulations to replace aerosol propellants with safer prototype propellant alternatives that are also greener. Domestic manufacturers' development will continue to place China as a leader in the global aerosol propellant market.
The aerosol propellants market forecast can help stakeholders plan their growth strategies. GTS SPA, The Chemours Co, Shell Plc, Honeywell International Inc, Linde Plc, Arkema SA, AEROPRES CORPORATION, Sumitomo Corporation, Nouryon, and Harp International Ltd are among the prominent players profiled in the aerosol propellants market report. To remain competitive, these players launch products, expand capacities, form partnerships, and collaborate. In August 2025, Honeywell International Inc. announced the planned spin-off of Solstice Advanced Materials as an independent, publicly traded company, expected to be completed by the end of 2025. The new entity will focus on specialty materials, with leading positions in refrigerants, semiconductor materials, protective fibers, and healthcare packaging.
Geographically, the aerosol propellants market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is classified into the US, Canada, and Mexico. The market in Europe is divided into Germany, France, Italy, Russia, the UK, and the Rest of Europe. The market in Asia Pacific is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The aerosol propellants market in Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The market in South & Central America is divided into Brazil, Argentina, and the Rest of South & Central America.
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com