Report ID: SQMIG15A2329
Report ID:
SQMIG15A2329 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
65
Aerosol Paints Market size was valued at USD 228.32 million in 2021 and is poised to grow from USD 240.19 million in 2022 to USD 360.31 million by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).
Aerosol paints can be applied on various surfaces for both decorative and protective purposes. Compared to traditional methods like using a roller or paintbrush, spray painting is widely preferred due to its unique atomization, storage, and application techniques. Spray paints cater to a wide range of surfaces such as metals, plastic, wood, glass, and masonry and come in different variants like stains, glossies, enamels, and flats. The construction sector's extensive usage of aerosol paints drives the market growth significantly.
Additionally, the ongoing infrastructural development worldwide acts as a major growth driver. The quick-drying, easy applicability, and high quality of aerosol paints make them suitable for new and existing structures like monuments, offices, factories, residences, and public buildings, further boosting their demand. As spray paints are cost-effective and aesthetically pleasing, they are increasingly replacing conventional paints on a large scale, contributing to market growth. Moreover, to reduce volatile organic compound (VOC) emissions, several governments have imposed strict regulations, prompting manufacturers to develop eco-friendly variants of aerosol paints, further enhancing the market's positive outlook.
US Aerosol Paints Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15A2329