Europe Aerosol Container Market to Generate Revenue $1.4 Billion by 2022
by sarajames · October 31 Patrick Mahomes II Jersey , 2018
31 October 2018 –
The聽Europe Aerosol Container Market聽is likely to surpass USD 1.4 billion (in terms of sales) by 2022. Increased use of aerosol containers in paints, household, & medical sectors should propel the market over the forecast period (2015 to 2022). Higher demand for cosmetic products in Italy, U.K., Germany, and France will also boost market revnues.
Moreover, demand for aerosol containers from the industries of automotives and food & beverages may contribute market expansion. The market is categorized as per products, applications, and nations. Products are metals, glasses, and plastics. Metals dominated the market in 2014. They would undergo substantial growth during the forecast period, at over 3.2% CAGR.
Raw materials are adopted due to their light weight & strong barrier features. In addition, they can be molded & printed into various designs. This is done without compromising on their structural reliability. This can also drive the Europe aerosol container market in the near future. Plastics generated more than USD 8 million in 2014.
Applications include household, personal care, medical, paints, and others. Personal care dominated the market in 2014, producing over USD 500 million. Greater usage of aerosol containers for making body sprays, antiperspirants, hair sprays, & after shaves is expected to add market demand till 2022.
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Medical will experience the fastest expansion in the seven years ahead. It would rise at over 5% CAGR during the same period. Wider aerosol adoption across pressurized metered-dose inhalers for asthma can propel medical applications. Nations-wise, U.K. was the biggest market manufacturer in 2014. This country contributed over 25% of the total volumes the same year.
National awareness regarding the advantages of aerosol containers is projected to drive U.K.鈥檚 production volumes from 2015 to 2022. Demand from Germany stood over USD 200 million in 2014. It should observe a significant boost over the forecast period. Germany鈥檚 huge FMCG firms would positively affect national growth in the near future. France held over 12% shares (regarding volumes) in 2014.
Demand for paints across multiple applications, specifically construction, could propel the France market. Key companies operating in the Europe aerosol container market encompass Ball Corporation, Plastipak Holdings, Arnest Group, and TUBEX Holding GmbH.
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BEIJING， June 16 (Xinhua) -- China's homegrown navigation system， the BeiDou Navigation Satellite System (BDS)， will provide continuous， stable and reliable open services to users "free of charge"， said a government report on Thursday.
Currently， B1I and B2I open service signals are being broadcast by the operating BDS-2 to provide open services to the Asia-Pacific region free of charge， said a white paper on the BDS issued by the State Council Information Office.
The services cover an area between 55 degrees north latitude and 55 degrees south latitude， and between 55 and 180 degrees east longitude， with positioning accuracy less than 10 meters， velocity measurement accuracy less than 0.2 meter per second， and timing accuracy less than 50 nanoseconds.
By 2020， the BDS is expected to serve global users and it will "provide open satellite navigation services free of charge，" according to the report.
The country will publish BDS documents related to open services and signals to facilitate global BDS product development efforts， the report said.
It will also work to protect the radio-navigation satellite frequency spectrum according to law and firmly reject harmful interference.
China prohibits the production， sale and use of illegal interference devices， investigates and punishes in accordance with the law any hostile interference actions which affect the system operations and services， the report said.
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