Water-based Aerosol Paints:
The water-based aerosol paints segment is expected to witness significant growth in the forecast period due to increasing demand for eco-friendly and low-VOC products. These paints are suitable for various applications such as DIY projects, construction, automotive, and wooden furniture. The water-based aerosol paints are easy to use, quick-drying, and offer a wide range of color options, making them popular among consumers.
Solvent-based Aerosol Paints:
The solvent-based aerosol paints segment continues to dominate the market, especially in applications where durability and performance are key concerns. Solvent-based aerosol paints are known for their excellent adhesion, resistance to weathering, and high gloss finishes. However, the segment is facing stringent regulations due to VOC emissions, which is hampering its growth to some extent.
Do-it-Yourself (DIY) Application:
The DIY application segment is witnessing steady growth in the aerosol paints market as more consumers are opting for DIY projects for home improvement and decoration. The convenience, ease of use, and affordability of aerosol paints make them a popular choice among DIY enthusiasts. Additionally, the availability of a wide range of colors and finishes further drives the demand for aerosol paints in the DIY segment.
Construction Application:
The construction application segment is a major consumer of aerosol paints, especially in projects that require quick application and touch-up jobs. Aerosol paints are preferred in construction applications due to their ease of use, portability, and ability to cover small areas efficiently. The increasing construction activities worldwide are expected to drive the demand for aerosol paints in this segment.
Automotive Application:
The automotive application segment is a key end-user of aerosol paints, particularly for touch-up jobs, refurbishing, and customizations. Aerosol paints offer quick and precise application, making them a preferred choice for automotive enthusiasts and professionals. With the growing automotive industry and rising demand for customization, the aerosol paints market in the automotive segment is expected to witness steady growth.
Wooden Furniture Application:
The wooden furniture application segment is experiencing a surge in demand for aerosol paints due to their ease of application, fast drying time, and high-quality finishes. Aerosol paints are ideal for wooden furniture as they provide a smooth and even coating, enhancing the aesthetic appeal of furniture pieces. The increasing focus on interior decoration and furniture refurbishing is driving the demand for aerosol paints in the wooden furniture segment.