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Aerospace Maintenance Chemical Market

Aerospace Maintenance Chemical Market By Nature (Organic chemicals, Inorganic chemicals), Type (Commercial aircraft, General aviation, Helicopters, Defence aircrafts), Application (Deicing Fluids, Cleaning Fluids) & Region - Forecast to 2022-2032

Market Insights on Aerospace Maintenance Chemical covering sales outlook, demand forecast & up-to-date key trends

Aerospace Maintenance Chemical Market Overview

The global aerospace maintenance chemical market is anticipated to move steadily, registering a nominal CAGR of 3.4% during the forecast period 2022-2032.

“The need for aviation maintenance chemicals is fuelled by an increase in demand for aircraft surface repair, given the influence of the surrounding temperature and climatic conditions.”

Surrounding temperature and climatic conditions associated with the aerospace maintenance chemical industry have generated the need for maintenance activities which in turn created the demand for aerospace maintenance chemical market. The aerospace maintenance chemicals include aircraft cleaning chemical, aircraft surface conditioning chemicals and de-icing chemicals of aircraft.

The aerospace maintenance chemical cleaners are used for all commercial aircraft to keep it corrosion free as well as provide hygiene and safe from inside as well as outside areas of the aircraft. ADF (Aircraft De-icing Fluid) or AAF (Aircraft Anti-icing Fluid) generally known as aircraft de-icing chemicals are used to remove the ice and snow from the surface.

De-icing is necessary for the region having frequent ice and snowfall. The aerospace maintenance chemicals also include lubricants for the moving parts of its jet engine. These chemicals are really necessary for the safe running of aircraft. 

Attributes

Details

Aerospace Maintenance Chemical Market Value in 2020

US$ 7.2 Bn

Aerospace Maintenance Chemical Market CAGR (2022-2032)

3.4%

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What Factors Determine the Growth of the Aerospace Maintenance Chemical Market?

“Stringent regulations related to the safety of aviation transport and the chemicals which are required in the aviation industry for maintaining the operational efficiency of the aircraft will influence the aerospace maintenance chemical market.”

The aerospace maintenance chemical market is being primarily driven by the growth of the commercial aircraft fleet coupled with the multiple numbers of trips made per day which calls for perennial maintenance of the aircraft having travelled through varying atmospheric conditions.

Other than this environment watchers and government bodies are continuously forming regulations related to emission from aircraft, which has led to a major number of airline carriers to regularly service and lubricating their aircraft fleet to keep control of its emission levels, which, in turn, also helps in adding value to the aerospace maintenance chemical market.

Nikhil Kaitwade
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How is the Global Aerospace Maintenance Chemical Market Segmented?

“Given the rising consciousness pertaining to safety, cleanliness, and hygiene when picking airlines, airline firms are shifting their attention to aerospace cleaning, resulting in increased demand.”

Commercial aircraft, single-engine pistons, business aircraft, military aircraft, helicopters, space, and others are all segments of the aerospace maintenance chemical market. Because of the rising commercial aircraft fleet throughout the world and increased demand for international and domestic flights, the commercial aircraft market is likely to remain the largest segment over the projection period.

Aircraft cleaning chemicals, aircraft leather cleaners, aviation paint removers, aviation paint strippers, speciality solvents, degreasers, and aircraft wash & polish make up the aerospace maintenance chemical market. The aircraft cleaning chemicals market is expected to stay the biggest, owing to rising passenger concerns about safety, cleanliness, and hygiene when choosing airlines, pushing airlines to focus more on aerospace cleaning, resulting in increased demand for aerospace maintenance chemical market.

What is the Regional Outlook of the Aerospace Maintenance Chemical Market?

“The international aircraft maintenance chemical market is dominated by the North American area, which is predicted to grow even more throughout the forecast period owing to the significant development of the airline sector, the United States dominates the aircraft maintenance chemical market in this area.”

North America holds a major share of the global aerospace maintenance chemical market as it covers the largest aircraft fleet across the globe.

As aerospace maintenance chemicals are used on aircraft, the growth in the fleet will directly increase the consumption of aerospace maintenance chemical market. North America is followed by Europe and Asia.

Asia aerospace maintenance chemical market is expected to have a substantial growth in the forecast period owing to the growth of the aerospace industry in this region. The rest of the world market is estimated to account for a relatively small share of the aerospace maintenance chemical market.

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Key Segments

Attributes

Details

Forecast Period

2022-2032

Historical Data Available for

2012-2020

Market Analysis

US$ Bn for Value

By Nature

  • Organic chemicals
  • Inorganic chemicals
  • Others

By Type

  • Commercial aircraft
  • General aviation
  • Helicopters
  • Defence aircrafts

By Application

  • Deicing Fluids
  • Cleaning Fluids
  • Others

By Region

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

By Key Players

  • Exxon Mobil Corporation
  • Royal Dutch Shell plc
  • The Dow Chemical Company
  • Arrow Solutions
  • Callington Haven Pty Ltd.
  • Florida Chemical
  • Nuvite Chemical Compounds
  • Eastman Chemical Company
  • ALMADION International
  • JACO INDUSTRIALS INC.
  • Velocity Chemicals Ltd.
  • Quaker Chemical Corporation
  • BP p.l.c.
  • Chevron Corporation

Frequently Asked Questions

The aerospace maintenance chemical market is poised to register a nominal CAGR of 3.4% during the forecast period.

The global aerospace maintenance chemical market is expected to be valued at US$ 10.75 Bn through 2032.

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Nikhil Kaitwade
Principal Consultant
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Aerospace Maintenance Chemical Market