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Aerosol Paints Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Raw Material, Technology, and Application

  • ID: 5401849
  • Report
  • July 2021
  • Region: Global
  • 165 Pages
  • The Insight Partners
UP TO OFF
until Jun 30th 2022

FEATURED COMPANIES

  • Aeroaids Corporation
  • AVT Paints Pty Ltd
  • Masterchem Industries LLC
  • MONTANA COLORS S.L.
  • Plutonium Paint
  • PPG Industries Inc.
The scope of the publisher's recent study on the “Aerosol Paints Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Raw Material (Acrylic, Alkyd, Epoxy, Polyurethane, and Others); Technology (Solvent-Borne, Water-Borne, and Others); Application (Construction Industry, Automotive and Transportation, Wood and Furniture Industry, Packaging, and Others)” includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments, along with providing market share analysis.



The global aerosol paints market was valued at US$ 4,011.28 million in 2021 and is projected to reach US$ 5,238.49 million by 2028; it is expected to grow at a CAGR of 3.9% from 2021 to 2028. Aerosol paints, are available in a sealed pressurized container. They are available in various colors and styles, making it a popular choice of product among consumers. They are widely used in the construction and automotive sectors as they are easy to use and have quick drying times.

Based on raw material, the aerosol paints market is segmented into acrylic, alkyd, epoxy, polyurethane, and others. Alkyd segment held the largest share in the global aerosol paints market in 2020. The use of alkyd aerosol paint is increasing owing to its ease of application and a high gloss finish, which is expected to boost the growth of the alkyd aerosol paint market during the forecast period.

The aerosol paints market is segmented into five main regions- North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America (SAM). In 2020, Asia Pacific held the largest share of the global aerosol paints market. It is also estimated to register the fastest CAGR in the market over the forecast period. The demand for aerosol paints is expected to increase in the region due to various factors such as the huge population base, increasing disposable income, and improved living standards. The growth of the automotive refinish market has also positively contributed to the growth of the demand for aerosol paints in Asia Pacific. These factors have also attracted foreign players to expand into the region. Additionally, the rapid growth of this region can also be attributed to the growth of the construction industry in the region. China, is the world’s largest construction market and is expected to grow significantly over the next few years. Moreover, other developing economies like India is also set to grow at a tremendous rate with the focus of the region towards boosting domestic manufacturing activities.

Impact of the COVID-19 Pandemic on the Aerosol Paints Market


The COVID-19 outbreak has impacted distinguished industries differently. Due to the pandemic, the lockdown scenario has affected and hampered the supply chain of the aerosol paints market. The non-availability of raw materials and labor, owing to the restrictions on the movement of people, has hindered the production of the aerosol paints market. The COVID-19 outbreak has been considered a pandemic and has badly affected several businesses across the globe. The pandemic has had the most influence on the production, logistics, and tourism & travel industries. The virus outbreak propelled the governments of numerous countries to impose a lockdown to decrease the spread of the virus. Thus, several companies are undergoing downtime and have driven some companies to work remotely, leading to low productivity and income. The chemical and materials industry is one of the significant sectors suffering severe disruptions such as supply chain breaks, technology events cancellations, office shutdowns, etc., because of this outbreak. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various chemicals and materials. Aerosol paints are mainly used in end-use industries such as automotive and construction, owing to which the market has faced a severe negative impact. The occurrence of COVID-19 has disrupted the residential construction sector. The major disruption is in the supply chain. The change of COVID-19 from a China-centric challenge to a worldwide pandemic has shifted the impact to the worldwide construction supply chains and markets.

The ongoing pandemic has created several challenges for the construction industry and disrupted the global economy. The global crisis, a continuation of the recession, and the path of recovery will mainly determine the nature and severity of these challenges. The construction industry, especially the novel residential segment, was performing well and witnessing a surge in activity across many divisions in the initial quarter of 2020. However, due to the growing number of cases in North America, many ongoing projects considered essential by the government authorities were not stopped, but new residential construction licenses were suspended. In addition to this, with the World Health Organization declaring the COVID-19 outbreak a pandemic, an unprecedented global disruption is at hand. Automobile and component manufacturing plants are being shuttered worldwide, consumer footfalls in showrooms have fallen sharply, vehicle sales are dropping dramatically, and almost every major industry event is either canceled or going the digital way. Henceforth, the demand for aerosol paint is experiencing a negative impact owing to the said factors.

The report segments the aerosol paints market as follows:


Based on raw material, the market is segmented into acrylic, alkyd, epoxy, polyurethane, and others. Based on technology, the market is segmented into solvent-borne, water-borne, and others. Based on application, the market is segmented into construction industry, automotive and transportation, wood and furniture industry, packaging, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM).

Reasons to Buy
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the global aerosol paints market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aeroaids Corporation
  • AVT Paints Pty Ltd
  • Masterchem Industries LLC
  • MONTANA COLORS S.L.
  • Plutonium Paint
  • PPG Industries Inc.

1. Introduction

1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways


3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Aerosol Paints Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion

5. Aerosol Paints Market - Key Market Dynamics

5.1 Market Drivers
5.1.1 Increasing Use of Aerosol Paint in DIY Activities
5.1.2 Growing Demand from Automotive Industry
5.2 Restraints
5.2.1 Stringent Regulations Pertaining to Use of Aerosol Paints
5.3 Market Opportunities
5.3.1 Packaging Innovations for Aerosol Paints
5.4 Future Trend
5.4.1 Sustainable Aerosol Paint Solutions
5.5 Impact Analysis of Drivers and Restraints

6. Aerosol Paints - Global Market Analysis

6.1 Aerosol Paints Market Overview
6.2 Aerosol Paints Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Global Market Players

7. Aerosol Paints Market Analysis - By Raw Material

7.1 Overview
7.2 Aerosol Paints Market, By Raw Material (2020 and 2028)
7.3 Acrylic
7.3.1 Overview
7.3.2 Acrylic: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
7.4 Alkyd
7.4.1 Overview
7.4.2 Alkyd: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
7.5 Epoxy
7.5.1 Overview
7.5.2 Epoxy: Aerosol Paints Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Polyurethane
7.6.1 Overview
7.6.2 Polyurethane: Aerosol Paints Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others: Aerosol Paints Market - Revenue and Forecast to 2028 (US$ Mn)

8. Aerosol Paints Market Analysis - By Technology

8.1 Overview
8.2 Aerosol Paints Market, By Technology (2020 and 2028)
8.3 Solvent-Borne
8.3.1 Overview
8.3.2 Solvent-Borne: Aerosol Paints Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Water-Borne
8.4.1 Overview
8.4.2 Water-Borne: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)

9. Aerosol Paints Market Analysis - By Application

9.1 Overview
9.2 Aerosol Paints Market, By Application (2020 and 2028)
9.3 Construction Industry
9.3.1 Overview
9.3.2 Construction Industry: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
9.4 Automotive and Transportation
9.4.1 Overview
9.4.2 Automotive and Transportation: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
9.5 Wood and Furniture Industry
9.5.1 Overview
9.5.2 Wood and Furniture Industry: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
9.6 Packaging
9.6.1 Overview
9.6.2 Packaging: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Aerosol Paints Market - Revenue and Forecast To 2028 (US$ Mn)

10. Global Aerosol Paints Market - Geographic Analysis

10.1 Overview
10.2 North America Aerosol Paints Market Revenue and Forecasts To 2028
10.2.1 North America Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America Aerosol Paints Market Breakdown, by Raw Material
1.2.3. North America Aerosol Paints Market Breakdown, by Technology
10.2.3 North America Aerosol Paints Market Breakdown, by Application
10.2.4 North America Aerosol Paints Market Breakdown, by Country
10.2.4.1 US Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.2.4.1.1 US Aerosol Paints Market Breakdown, by Raw Material
10.2.4.1.2 US Aerosol Paints Market Breakdown, by Technology
10.2.4.1.3 US Aerosol Paints Market Breakdown, by Application
10.2.4.2 Canada Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.2.4.2.1 Canada Aerosol Paints Market Breakdown, by Raw Material
10.2.4.2.2 Canada Aerosol Paints Market Breakdown, by Technology
10.2.4.2.3 Canada Aerosol Paints Market Breakdown, by Application
10.2.4.3 Mexico Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.2.4.3.1 Mexico Aerosol Paints Market Breakdown, by Raw Material
10.2.4.3.2 Mexico Aerosol Paints Market Breakdown, by Technology
10.2.4.3.3 Mexico Aerosol Paints Market Breakdown, by Application
10.3 Europe Aerosol Paints Market Revenue and Forecasts To 2028
10.3.1 Europe Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe Aerosol Paints Market Breakdown, by Raw Material
10.3.3 Europe Aerosol Paints Market Breakdown, by Technology
10.3.4 Europe Aerosol Paints Market Breakdown, by Application
10.3.5 Europe Aerosol Paints Market Breakdown, by Country
10.3.5.1 Germany Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany Aerosol Paints Market Breakdown, by Raw Material
10.3.5.1.2 Germany Aerosol Paints Market Breakdown, by Technology
10.3.5.1.3 Germany Aerosol Paints Market Breakdown, by Application
10.3.5.2 France Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France Aerosol Paints Market Breakdown, by Raw Material
10.3.5.2.2 France Aerosol Paints Market Breakdown, by Technology
10.3.5.2.3 France Aerosol Paints Market Breakdown, by Application
10.3.5.3 United Kingdom Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 United Kingdom Aerosol Paints Market Breakdown, by Raw Material
10.3.5.3.2 United Kingdom Aerosol Paints Market Breakdown, by Technology
10.3.5.3.3 United Kingdom Aerosol Paints Market Breakdown, by Application
10.3.5.4 Italy Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy Aerosol Paints Market Breakdown, by Raw Material
10.3.5.4.2 Italy Aerosol Paints Market Breakdown, by Technology
10.3.5.4.3 Italy Aerosol Paints Market Breakdown, by Application
10.3.5.5 Russia Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia Aerosol Paints Market Breakdown, by Raw Material
10.3.5.5.2 Russia Aerosol Paints Market Breakdown, by Technology
10.3.5.5.3 Russia Aerosol Paints Market Breakdown, by Application
10.3.5.6 Rest of Europe Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe Aerosol Paints Market Breakdown, by Raw Material
10.3.5.6.2 Rest of Europe Aerosol Paints Market Breakdown, by Technology
10.3.5.6.3 Rest of Europe Aerosol Paints Market Breakdown, by Application
10.4 Asia Pacific Aerosol Paints Market Revenue and Forecasts To 2028
10.4.1 Asia Pacific Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.2 Asia Pacific Aerosol Paints Market Breakdown, by Raw Material
10.4.3 Asia Pacific Aerosol Paints Market Breakdown, by Technology
10.4.4 Asia Pacific Aerosol Paints Market Breakdown, by Application
10.4.5 Asia Pacific Aerosol Paints Market Breakdown, by Country
10.4.5.1 Australia Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.1.1 Australia Aerosol Paints Market Breakdown, by Raw Material
10.4.5.1.2 Australia Aerosol Paints Market Breakdown, by Technology
10.4.5.1.3 Australia Aerosol Paints Market Breakdown, by Application
10.4.5.2 China Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.2.1 China Aerosol Paints Market Breakdown, by Raw Material
10.4.5.2.2 China Aerosol Paints Market Breakdown, by Technology
10.4.5.2.3 China Aerosol Paints Market Breakdown, by Application
10.4.5.3 India Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.3.1 India Aerosol Paints Market Breakdown, by Raw Material
10.4.5.3.2 India Aerosol Paints Market Breakdown, by Technology
10.4.5.3.3 India Aerosol Paints Market Breakdown, by Application
10.4.5.4 Japan Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.4.1 Japan Aerosol Paints Market Breakdown, by Raw Material
10.4.5.4.2 Japan Aerosol Paints Market Breakdown, by Technology
10.4.5.4.3 Japan Aerosol Paints Market Breakdown, by Application
10.4.5.5 South Korea Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.5.1 South Korea Aerosol Paints Market Breakdown, by Raw Material
10.4.5.5.2 South Korea Aerosol Paints Market Breakdown, by Technology
10.4.5.5.3 South Korea Aerosol Paints Market Breakdown, by Application
10.4.5.6 Rest of Asia Pacific Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.4.5.6.1 Rest of Asia Pacific Aerosol Paints Market Breakdown, by Raw Material
10.4.5.6.2 Rest of Asia Pacific Aerosol Paints Market Breakdown, by Technology
10.4.5.6.3 Rest of Asia Pacific Aerosol Paints Market Breakdown, by Application
10.5 Middle East and Africa Aerosol Paints Market Revenue and Forecasts To 2028
10.5.1 Middle East and Africa Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.5.2 Middle East and Africa Aerosol Paints Market Breakdown, by Raw Material
10.5.3 Middle East and Africa Aerosol Paints Market Breakdown, by Technology
10.5.4 Middle East and Africa Aerosol Paints Market Breakdown, by Application
10.5.5 Middle East and Africa Aerosol Paints Market Breakdown, by Country
10.5.5.1 South Africa Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.5.5.1.1 South Africa Aerosol Paints Market Breakdown, by Raw Material
10.5.5.1.2 South Africa Aerosol Paints Market Breakdown, by Technology
10.5.5.1.3 South Africa Aerosol Paints Market Breakdown, by Application
10.5.5.2 Saudi Arabia Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.5.5.2.1 Saudi Arabia Aerosol Paints Market Breakdown, by Raw Material
10.5.5.2.2 Saudi Arabia Aerosol Paints Market Breakdown, by Technology
10.5.5.2.3 Saudi Arabia Aerosol Paints Market Breakdown, by Application
10.5.5.3 UAE Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.5.5.3.1 UAE Aerosol Paints Market Breakdown, by Raw Material
10.5.5.3.2 UAE Aerosol Paints Market Breakdown, by Technology
10.5.5.3.3 UAE Aerosol Paints Market Breakdown, by Application
10.5.5.4 Rest of Middle East and Africa Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.5.5.4.1 Rest of Middle East and Africa Aerosol Paints Market Breakdown, by Raw Material
10.5.5.4.2 Rest of Middle East and Africa Aerosol Paints Market Breakdown, by Technology
10.5.5.4.3 Rest of Middle East and Africa Aerosol Paints Market Breakdown, by Application
10.6 South and Central America Aerosol Paints Market Revenue and Forecasts To 2028
10.6.1 South and Central America Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.6.2 South and Central America Aerosol Paints Market Breakdown, by Raw Material
10.6.3 South and Central America Aerosol Paints Market Breakdown, by Technology
10.6.4 South and Central America Aerosol Paints Market Breakdown, by Application
10.6.5 South and Central America Aerosol Paints Market Breakdown, by Country
10.6.5.1 Brazil Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.6.5.1.1 Brazil Aerosol Paints Market Breakdown, by Raw Material
10.6.5.1.2 Brazil Aerosol Paints Market Breakdown, by Technology
10.6.5.1.3 Brazil Aerosol Paints Market Breakdown, by Application
10.6.5.2 Argentina Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.6.5.2.1 Argentina Aerosol Paints Market Breakdown, by Technology
10.6.5.2.2 Argentina Aerosol Paints Market Breakdown, by Application
10.6.5.3 Rest of South and Central America Aerosol Paints Market Revenue and Forecast to 2028 (US$ Mn)
10.6.5.3.1 Rest of South and Central America Aerosol Paints Market Breakdown, by Raw Material
10.6.5.3.2 Rest of South and Central America Aerosol Paints Market Breakdown, by Technology
10.6.5.3.3 Rest of South and Central America Aerosol Paints Market Breakdown, by Application

11. Impact of Covid-19 Pandemic on Global Aerosol Paint Market

11.1 1.1 Impact of COVID-19 on Aerosol Paint Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Product Launch
12.2 Merger & Acquisition
12.3 Partnership
12.4 Collaboration

13. Company Profiles

13.1 Aeroaids Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 The Sherwin-Williams Company
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kobra Paint - Spray Art Technologies
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Masterchem Industries LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Montana Colors S.L.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Nippon Paint Holdings Co., Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Plutonium Paint
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 AVT Paints Pty Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 PPG Industries Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Rust Oleum
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix

14.1 About the Publisher
14.2 Glossary of Terms
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Aeroaids Corporation
  • The Sherwin-Williams Company
  • Kobra Paint - Spray Art Technologies
  • Masterchem Industries LLC
  • MONTANA COLORS S.L.
  • Nippon Paint Holdings Co., Ltd.
  • Plutonium Paint
  • AVT Paints Pty Ltd
  • PPG Industries Inc.
  • Rust Oleum
Note: Product cover images may vary from those shown
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