The scope of our recent study on the " Aerosol Propellants Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by type and application" includes the factors fueling the aerosol propellants market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.

The aerosol propellants market size was valued at US$ 11.88 billion in 2024 and is expected to reach US$ 16.12 billion by 2031; it is estimated to register a CAGR of 4.5% from 2025 to 2031.

Increasing regulations related to the environment have prompted movement towards sustainable formulations, subsequently expanding the use of low GWP (Global Warming Potential) propellants, such as hydrofluoroolefins (HFOs) and compressed gases. These propellants are preferred due to their low impact on the environment and their compatibility with multiple applications within personal care, household products, and industrial products. The widespread consumer acceptance of convenient, ready-to-use products in the form of deodorants, hairsprays, and cleaning sprays is promoting growth in the market. Advancements in aerosol technology, such as improved valve systems and packaging, improve the products performance and safety. Urbanization and rising disposable income in developing economies are key factors driving demand for aerosol-based products in the Asia Pacific and Latin America. The aerosol propellants market is prepared to face these limitations with innovation to establish sustainable propellants as well as sustainable applications found in pharmaceuticals and the food industries. The aerosol propellants market growth is high in regions that prioritize environmental compliance and consumer convenience.

The aerosol propellants market analysis has been performed by considering the following segments: type and application. Based on the type, the aerosol propellants market is segmented into dimethyl ether (DME), hydrofluorocarbons (HFC), hydrofluoroolefins (HFO), other hydrocarbons, and others. Hydrofluoroolefins (HFOs) are advanced, low-global warming potential (GWP < 1) aerosol propellants increasingly adopted as sustainable alternatives to HFCs in personal care, household, technical, and pharmaceutical sprays. Key variants like HFO-1234ze(E) and HFO-1234yf deliver non-flammable, non-ozone-depleting performance with vapor pressures (400-600 kPa at 20