The global Aerosol Propellant Market is expected to reach USD 27.09 billion by 2022, according to a new report by Grand View Research, Inc. Increasing demand for aerosol in personal care products, mainly cosmetics, is expected to drive market growth. Rising consumption of carbon dioxide and nitrous oxide aerosol propellant for dispensing dental creams, food products, ointments and hair preparations will augment growth over the forecast period. Asia Pacific is expected to witness significant gains in terms of volume at a CAGR of 5.5%from 2015 to 2022, on account of supporting regulations and high demand for household &cosmetic products. Growing demand for shaving creams and deodorants, particularly among the younger population, in emerging economies including China and India, is expected to have a positive impact on market growth.
http://www.grandviewresearch.com/industry-analysis/aerosol-propellants-market
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