The worldwide metal aerosol can market is likely to undergo substantial growth over the coming years. Increasing demand of metal aerosol cans in pharmaceutical and deodorant industries is the main growth driver.
Expanding use of environment-friendly bio-pet in producing these containers is also expected to boost market demand. Furthermore, medical applications are projected to increase owing to rising use of aerosol in pressurized metered-dose inhalers for treating asthma.
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Key advantages of using aerosols containers are protection from moisture and air, and ease of use. They also prevent decomposition and inactivation of drug by pH or enzymatic action of the stomach or intestine. Aerosols also avoid the first pass metabolism.
However, complexity in disposal may hamper industry growth. Also, metal aerosol cans need to be kept away from temperature or fire, lest the high pressure leads to explosion. Rising use of generic medicines have declined their consumption in the pharmaceutical industry. This could also inhibit growth in the near future.
The global metal aerosol can market is segmented as per raw materials, components, and regions. Key raw materials include aluminum, High Density Polyethylene (HDPE), and silica. Aluminum and steel are extensively used owing to their durable nature. Also, these metals are highly resistant to UV light. Their shape, print and mold can be customized to suit the manufacturer’s requirements, while retaining the structural integrity.
Valve & actuator, propellant, product concentrate, and container are the components of metal aerosol cans. Main consumers in the industry comprise food & beverage, deodorant and pharmaceuticals. Lucrative regional markets for metal aerosol cans include Asia Pacific, Europe, and the U.S.
Asia Pacific would experience high growth due to increasing consumption of personal care products. Europe may also generate considerable demand in the forthcoming years. This is attributed to increasing consumer awareness regarding benefits of metal aerosol containers, and widening application scope.
Additionally, presence of many vendors is projected to fuel regional demand. Expanding pharmaceutical industry and industrialization in the U.S are anticipated to open novel growth avenues. Key participants operating in global metal aerosol can market encompass Crown Holdings Inc., Ball Corporation, TUBEX Holding GmbH, and Plastipak Holdings, Inc.