(MENAFN- GetNews) According to the new market research report “Global Humic Acid Market 2021-2028 “, published by Stratistics MRC, the global Humic Acid Market size is expected to grow at a CAGR of 16.0% during the forecast period.
The market report“Aerosol Cans Market by Material Types (Aluminum, Coated Glass, Metal, Stainless Steel, Steel –Tinplate, Silica, Plastic, and Glass), Propellant Types (Compressed gas Propellant, and Liquefied Gas Propellant), Structures (One Piece, Three Piece, and Two Piece), Packaging Types (Bottles, Cans, and Cylinders), Capacities (500ml), Product Types (Necked-in Aerosol Cans, Shaped Aerosol Cans, and Straight Wall Aerosol Cans), End Users (Agriculture, Automotive/Industrial Packaging, Construction, Cosmetic and Personal Care Packaging, Healthcare, Household Care, Insecticide, Paints and Varnishe Packaging, Pharmaceutical/Veterinary Packaging, Sports, Automobiles, Grooming Products, Commercial, and Food & Beverage) and Region – Forecast to 2028”. The Aerosol Cans market is growing at a CAGR of 5.9% by 2028, owing to the demand from end-use industries.
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Based on propellant type, the compressed gas propellant segment is estimated to grow at highest CAGR segment during the study period.
On the basis of propellant type the market is categorised into compressed gas propellant, and liquefied gas propellant. Compressed gas propellant segment is estimated to be the fastest growing segment as it requires minimal cleanup after use and thus has gained popularity among the patients and increasing demand from pharmaceutical applications.
Based on structure, the one piece segment is anticipated to grow faster during the forecast period.
On the basis of structure, the market is segmented into one piece, three piece, and two piece. One piece segment is projected to grow faster during the forecast period owing to the factors such as being airproof, can sustain higher pressures, is unbreakable, resistant to corrosion and heat, and seamless.
Based on end user, the cosmetic and personal care packaging segment is anticipated to grow faster during the forecast period.
On the basis of end user, the market is segmented into agriculture, automotive/industrial packaging, construction, cosmetic and personal care packaging, healthcare, household care, insecticide, paints and varnishe packaging, pharmaceutical/veterinary packaging, sports, automobiles, grooming products, commercial, and food & beverage. Cosmetic and personal care packaging segment is projected to grow faster during the forecast period due to the increasing disposable income of people in developing economies allows them to spend more on personal care products.
By geography, Europe is expected to dominate the market
On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe is experiencing a dominant position in the aerosol cans market due to the favorable business environment, and rising consciousness toward personal appearance.
The key players in this market are Arminak & Associates LLC, Ball Corporation, CCL Container (Hermitage), Inc., Colep Scitra Aerosols , Crown Holdings Inc, DS Containers, Inc., Exal Corporation, Mauser Packaging Solutions , MidasCare Pharmaceuticals Pvt. Ltd., Nampak Ltd, Spray Products Corporation, and Tubex Holding GmbH.
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