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.
GROWING DEMAND FROM AUTOMOTIVE INDUSTRY IS GOING TO INFLUENCE AEROSOL PAINTS MARKET GLOBALLY
In the automotive industry, aerosol paints are used in the manufacturing and after-sales refinishing of vehicles. In the industry, these paints are an ideal solution for touch-ups, and reconditioning and repairing of the different parts of vehicles. The aerosol paints help improve the overall look of a car by changing different panels to a contrasting color and providing a customized and personalized feel to the customers. The aerosol paints provide a high-quality finish, film hardness, gasoline resistance, and UV protection that make them suitable for the interiors and exteriors of a vehicle. The automotive industry is growing across the world. The US is one of the largest automotive markets globally. In 2018, the light vehicle sales in the US reached 17.2 million units. It is the fourth straight year in which the sales have reached or surpassed 17 million units. According to the European Automobile Manufacturers’ Association, or ACEA, the EU commercial vehicle output grew by 2.6%, which reached 2.8 million units in 2018. In 2019, commercial vehicle production in North America expanded by 3.6%. The growing production and sales of vehicles propel the demand for aerosol paints in the automotive industry. However, due to the COVID-19 outbreak pandemic, automotive and major manufacturing industries have suffered setbacks. The manufacturing industry is expected to recover soon as many countries are returning to normal owing to the increasing vaccination rates and changing consumer habits.
