The global aerosol valve market is expected to reach USD 1.73 billion by 2022, according to a new report by Grand View Research, Inc. Rising expenditure for the use of bag-on valve technology by personal care manufacturers including P&G and Unilever in their products is expected to promote the application of aerosol valves in the near future. Demand for aerosol valves in paints exceeded 900.00 million units in 2014. Aerosol containers are used in the paints & coatings industry on accounting of its ability to convert paint into a fine spray thereby providing appropriate leveling and finish to the surface. Growing paints & coatings industry in Asia Pacific on account of rising expenditure towards the construction sector, particularly in new residential and commercial buildings, is expected to drive industry growth over the forecast period.
http://www.grandviewresearch.com/industry-analysis/aerosol-valve-market
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