Aerosol Paints Market 2024 Market Size, Status, Analysis and Forecast 2032
The global aerosol paints market has witnessed significant growth in recent years, underpinned by expanding applications across various sectors and advancements in technology. The market size was estimated at USD 11.05 billion in 2022 and is projected to grow from USD 11.5 billion in 2023 to USD 16.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.09% during the forecast period from 2024 to 2032. Key Drivers of Market Growth Increasing Demand in Automotive and Industrial Sectors : Aerosol paints are extensively used in the automotive sector for touch-ups and detailing, as well as in the industrial sector for machinery maintenance and marking. The growing automotive production and industrialization, particularly in emerging economies, are fueling demand. Rise in DIY Projects and Home Improvement Activities : The rise of do-it-yourself (DIY) culture has driven the adoption of aerosol paints among consumers for home improvement and creative project...