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Chemicals and Materials South America Aerosol Paints Market...

South America Aerosol Paints Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Raw Material (Acrylic, Alkyd, Epoxy, Polyurethane, and Others), Technology (Solvent-Borne, Water-Borne, and Others), and Application (Construction Industry, Automotive and Transportation, Wood and Furniture Industry, Packaging, and Others)

TIPRE00024784 | Pages: 118 | Chemicals and Materials | Sep 2021 | Type: Regional | Status: Published

Market Introduction

The aerosol paints market in South America is segmented into Brazil, Argentina, and the rest of SAM. Rest of SAM is contributing significantly to the market growth in relation to the diversification of the application base. Aerosols paints are used to hold liquid droplets in pressurized form. This functional commodity has evolved as a decorative product in recent years. Rising demand for household and consumer goods products in the region is estimated to propel the demand for aerosol paint during the forecast period. SAM encompasses several opportunities for aerosol paints, but industries in this region are less developed than other regions. The rise in population and continuous advancements in the end-use industries such as automotive, construction & manufacturing, packaging, and others have had a positive impact on the economy of Brazil and Argentina.

Brazil has the highest number of COVID-19 cases in South America, followed by Argentina, Colombia, Peru, and Chile among others. Governments of these countries have taken an array of actions to protect their citizens and contain COVID-19 spread. The region is experiencing lower export revenues, both, from the dropping commodity prices and reduction in export volumes, especially due to lowered export performance in China, Europe, and the US. Containment measures in several South American countries have reduced economic activity in the chemicals and materials industries; however, the sector is likely to rebound once the country manages to control the epidemic.


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Market Overview and Dynamics

The aerosol paints market in South America is expected to grow from US$ 207.78 million in 2021 to US$ 273.97 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028. The VOC emissions caused by aerosol paints have harmful effects on humans and on the environment. Manufacturers are making innovations in these paints to reduce the overall emissions and contribute to the environmental sustainability. Krylon, a maker of spray paint for home décor and home improvement, is using sustainable raw materials, such as soy oil, in many of its spray paints. The company has made it a priority to reduce the amount of solvents used in its paint formulations. Krylon’s H20 Latex is the first 100% acrylic latex spray paint that contributes 55% less to smog pollution along with reducing the VOC emissions by 25 to 30%. Elsewhere, Nussbaum, along with Beiersdorf, is developing aerosol cans that are entirely made from recycled aluminum. These are entirely produced by utilizing used beverage cans, and will be available in the market at the end of 2021. Thus, the increasing focus on providing sustainable aerosol paint products for reducing the negative impact on the environment will lead to a lot of innovations and developments by the manufacturers in the next a few years, which is expected to drive the growth of the aerosol paints market during the forecast period.

Key Market Segments

In terms of raw material, the Alkyd accounted for the largest share of the South America aerosol paints market in 2020. In term of technology, Solvent-Borne held a larger market share of the aerosol paints market in 2020. Further, in term of application, the Construction Industry held a larger market share of the aerosol paints market in 2020

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the aerosol paints market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are The Sherwin-Williams Company; Kobra Paint - Spray Art Technologies; Montana Colors S.L.; Nippon Paint Holdings Co., Ltd; PPG Industries Inc.; Rust Oleum; and AVT Paints Pty Ltd among others.

Reasons to buy report

  • To understand the South America aerosol paints market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for South America aerosol paints market
  • Efficiently plan M&A and partnership deals in South America aerosol paints market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America aerosol paints market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America Aerosol Paints Market Segmentation

 

South America Aerosol Paints Market – By Raw Material

  • Acrylic
  • Alkyd
  • Epoxy
  • Polyurethane
  • Others

South America Aerosol Paints Market – By Technology

  • Solvent-Borne
  • Water-Borne
  • Others

South America Aerosol Paints Market – By Application

  • Construction Industry
  • Automotive and Transportation
  • Wood and Furniture Industry
  • Packaging
  • Others

South America Aerosol Paints Market – By Country

  • Brazil
  • Argentina
  • Rest of South America     

South America Aerosol Paints Market – Companies Mentioned

  • The Sherwin-Williams Company
  • Kobra Paint - Spray Art Technologies
  • Montana Colors S.L.
  • Nippon Paint Holdings Co., Ltd.
  • PPG Industries Inc.
  • Rust Oleum
  • AVT Paints Pty Ltd. 

TABLE OF CONTENTS

1.          Introduction. 2

1.1        Study Scope. 2

1.2        The Insight Partners Research Report Guidance. 2

1.3        Market Segmentation. 2

2.          Key Takeaways. 2

3.          Research Methodology. 2

3.1        Scope of the Study. 2

3.2        Research Methodology. 2

3.2.1        Data Collection: 2

3.2.2        Primary Interviews: 2

3.2.3        Hypothesis formulation: 2

3.2.4        Macro-economic factor analysis: 2

3.2.5        Developing base number: 2

3.2.6        Data Triangulation: 2

3.2.7        Country level data: 2

4.          South America Aerosol Paints – Market Landscape. 2

4.1        Market Overview. 2

4.2        PEST Analysis. 2

4.3        Expert Opinion. 2

5.          South America Aerosol Paints Market – Key Market Dynamics. 2

5.1        Market Drivers. 2

5.1.1        Boosting Use of Aerosol Paint in DIY Activities. 2

5.1.2        Surging Demand from Automotive Industry. 2

5.2        Restraints. 2

5.2.1        Rigid Regulations Pertaining to Use of Aerosol Paints. 2

5.3        Market Opportunities. 2

5.3.1        Accelerated Innovations for Packaging of Aerosol Paints. 2

5.4        Future Trend. 2

5.4.1        Up-raising Focus Towards Sustainable Aerosol Paint Solutions. 2

5.5        Impact Analysis of Drivers and Restraints. 2

6.          South America Aerosol Paints – Market Analysis. 2

6.1        Aerosol Paints Market Overview. 2

6.2        South America Aerosol Paints Market –Revenue and Forecast to 2028 (US$ Million) 2

7.          South America Aerosol Paints Market Analysis – By Raw Material 2

7.1        Overview. 2

7.2        South America Aerosol Paints Market Breakdown, by Raw Material 2

7.3        Acrylic. 2

7.3.1        Overview. 2

7.3.2        Acrylic: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

7.4        Alkyd. 2

7.4.1        Overview. 2

7.4.2        Alkyd: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

7.5        Epoxy. 2

7.5.1        Overview. 2

7.5.2        Epoxy: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

7.6        Polyurethane. 2

7.6.1        Overview. 2

7.6.2        Polyurethane: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

7.7        Others. 2

7.7.1        Overview. 2

7.7.2        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

8.          South America Aerosol Paints Market Analysis – By Technology. 2

8.1        Overview. 2

8.2        South America Aerosol Paints Market Breakdown, by Technology. 2

8.3        Solvent-Borne. 2

8.3.1        Overview. 2

8.3.2        Solvent-Borne: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

8.4        Water-Borne. 2

8.4.1        Overview. 2

8.4.2        Water-Borne: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

8.5        Others. 2

8.5.1        Overview. 2

8.5.2        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

9.          South America Aerosol Paints Market Analysis – By Application. 2

9.1        Overview. 2

9.2        South America Aerosol Paints Market Breakdown, by Application. 2

9.3        Construction Industry. 2

9.3.1        Overview. 2

9.3.2        Construction Industry: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

9.4        Automotive and Transportation. 2

9.4.1        Overview. 2

9.4.2        Automotive and Transportation: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

9.5        Wood and Furniture Industry. 2

9.5.1        Overview. 2

9.5.2        Wood and Furniture Industry: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

9.6        Packaging. 2

9.6.1        Overview. 2

9.6.2        Packaging: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

9.7        Others. 2

9.7.1        Overview. 2

9.7.2        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

10.       South America Aerosol Paints Market – Country Analysis. 2

10.1      Overview. 2

10.1.1     South America Aerosol Paints Market Breakdown, by Country. 2

10.1.1.1       Brazil Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million) 2

10.1.1.1.1       Brazil Aerosol Paints Market Breakdown, by Raw Material 2

10.1.1.1.2       Brazil Aerosol Paints Market Breakdown, by Technology. 2

10.1.1.1.3       Brazil Aerosol Paints Market Breakdown, by Application. 2

10.1.1.2       Argentina Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million) 2

10.1.1.2.1       Argentina Aerosol Paints Market Breakdown, by Technology. 2

10.1.1.2.2       Argentina Aerosol Paints Market Breakdown, by Application. 2

10.1.1.3       Rest of South America Aerosol Paints Market Revenue and Forecast to 2028 (US$ Million) 2

10.1.1.3.1       Rest of South America Aerosol Paints Market Breakdown, by Raw Material 2

10.1.1.3.2       Rest of South America Aerosol Paints Market Breakdown, by Technology. 2

10.1.1.3.3       Rest of South America Aerosol Paints Market Breakdown, by Application. 2

11.       South America Aerosol Paint Market – Impact of Covid-19. 2

11.1      Impact Assessment of COVID-19 Pandemic. 2

12.       Industry Landscape. 2

12.1      Product Launch. 2

12.2      Merger & Acquisition. 2

12.3      Partnership. 2

12.4      Collaboration. 2

13.       Company Profiles. 2

13.1      The Sherwin-Williams Company. 2

13.1.1     Key Facts. 2

13.1.2     Business Description. 2

13.1.3     Products and Services. 2

13.1.4     Financial Overview. 2

13.1.5     SWOT Analysis. 2

13.1.6     Key Developments. 2

13.2      Kobra Paint - Spray Art Technologies. 2

13.2.1     Key Facts. 2

13.2.2     Business Description. 2

13.2.3     Products and Services. 2

13.2.4     Financial Overview. 2

13.2.5     SWOT Analysis. 2

13.2.6     Key Developments. 2

13.3      Montana Colors S.L. 2

13.3.1     Key Facts. 2

13.3.2     Business Description. 2

13.3.3     Products and Services. 2

13.3.4     Financial Overview. 2

13.3.5     SWOT Analysis. 2

13.3.6     Key Developments. 2

13.4      Nippon Paint Holdings Co., Ltd. 2

13.4.1     Key Facts. 2

13.4.2     Business Description. 2

13.4.3     Products and Services. 2

13.4.4     Financial Overview. 2

13.4.5     SWOT Analysis. 2

13.4.6     Key Developments. 2

13.5      AVT Paints Pty Ltd. 2

13.5.1     Key Facts. 2

13.5.2     Business Description. 2

13.5.3     Products and Services. 2

13.5.4     Financial Overview. 2

13.5.5     SWOT Analysis. 2

13.5.6     Key Developments. 2

13.6      PPG Industries Inc. 2

13.6.1     Key Facts. 2

13.6.2     Business Description. 2

13.6.3     Products and Services. 2

13.6.4     Financial Overview. 2

13.6.5     SWOT Analysis. 2

13.6.6     Key Developments. 2

13.7      Rust Oleum.. 2

13.7.1     Key Facts. 2

13.7.2     Business Description. 2

13.7.3     Products and Services. 2

13.7.4     Financial Overview. 2

13.7.5     SWOT Analysis. 2

13.7.6     Key Developments. 2

14.       Appendix. 2

14.1      About The Insight Partners. 2

14.2      Glossary of Terms

LIST OF TABLES

Table 1.            South America Aerosol Paints Market –Revenue and Forecast to 2028 (US$ Million) 2

Table 2.            Brazil Aerosol Paints Market Revenue and Forecasts to 2028 – By Raw Material (US$ Million) 2

Table 3.            Brazil Aerosol Paints Market Revenue and Forecasts to 2028 – By Technology (US$ Million) 2

Table 4.            Brazil Aerosol Paints Market Revenue and Forecasts to 2028 – By Application (US$ Million) 2

Table 5.            Argentina Aerosol Paints Market Revenue and Forecasts to 2028 – By Raw Material (US$ Million) 2

Table 6.            Argentina Aerosol Paints Market Revenue and Forecasts to 2028 – By Technology (US$ Million) 2

Table 7.            Argentina Aerosol Paints Market Revenue and Forecasts to 2028 – By Application (US$ Million) 2

Table 8.            Rest of South America Aerosol Paints Market Revenue and Forecasts to 2028 – By Raw Material (US$ Million) 2

Table 9.            Rest of South America Aerosol Paints Market Revenue and Forecasts to 2028 – By Technology (US$ Million) 2

Table 10.          Rest of South America Aerosol Paints Market Revenue and Forecasts to 2028 – By Application (US$ Million) 2

Table 11.          Glossary of Terms, Aerosol Paints Market 2

 

LIST OF FIGURES

Figure 1.           South America Aerosol Paints Market Segmentation. 2

Figure 2.           South America Aerosol Paints Market Segmentation – By Country. 2

Figure 3.           South America Aerosol Paints Market Overview. 2

Figure 4.           Alkyd Segment Held Largest Share of Market 2

Figure 5.           Solvent-Borne Segment Held Largest Share of Market 2

Figure 6.           Construction Industry Segment Held Largest Share of Market 2

Figure 7.           Rest of SAM Held Largest Share of Market 2

Figure 8.           South America Aerosol Paints Market, Key Market Players. 2

Figure 9.           South America: PEST Analysis. 2

Figure 10.        Expert Opinion. 2

Figure 11.        South America Aerosol Paints Market Impact Analysis of Drivers and Restraints. 2

Figure 12.        South America: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 13.        South America Aerosol Paints Market Breakdown, By Raw Material, 2020 & 2028 (%) 2

Figure 14.        Acrylic: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 15.        Alkyd: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 16.        Epoxy: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 17.        Polyurethane: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 18.        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 19.        South America Aerosol Paints Market Breakdown, by Technology, 2020 & 2028 (%) 2

Figure 20.        Solvent-Borne: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 21.        Water-Borne: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 22.        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 23.        South America Aerosol Paints Market Breakdown, by Application, 2020 & 2028 (%) 2

Figure 24.        Construction Industry: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 25.        Automotive and Transportation: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 26.        Wood and Furniture Industry: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 27.        Packaging: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 28.        Others: Aerosol Paints Market – Revenue and Forecast to 2028 (US$ Million) 2

Figure 29.        Geographic Overview of South America Aerosol Paints Market 2

Figure 30.        South America Aerosol Paints Market Breakdown, by Country, 2020 & 2028(%) 2

Figure 31.        Brazil Aerosol Paints Market Forecasts to 2028 (US$ Million) 2

Figure 32.        Argentina Aerosol Paints Market Forecasts to 2028 (US$ Million) 2

Figure 33.        Rest of South America Aerosol Paints Market Forecasts to 2028 (US$ Million) 2

Figure 34.        Impact of COVID-19 Pandemic on Aerosol Paints Market in South America. 2

. 2

  1. The Sherwin-Williams Company
  2. Kobra Paint - Spray Art Technologies
  3. Montana Colors S.L.
  4. Nippon Paint Holdings Co., Ltd.
  5. PPG Industries Inc.
  6. Rust Oleum
  7. AVT Paints Pty Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America aerosol paints market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South America aerosol paints market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South America market trends and outlook coupled with the factors driving the aerosol paints market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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