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Global Aircraft Elastomers Market to Grow at 5.1% CAGR during 2018-2023

Global Aircraft Elastomers Market 2

The Global Aircraft Elastomers Market: Highlights

The next five years for the aircraft elastomers market are going to be vigorous for both existing as well as new players. The market is likely to register a healthy CAGR of 5.1% over the next five years, propelled by a host of factors including increased production of commercial aircraft, such as B737 and B787; introduction of fuel-efficient aircraft, such as A320neo and B737 Max; advancement in elastomers; stringent fire test standards; and rising aircraft fleet size.

Elastomers are used to make seals, gaskets, etc. in the aircraft industry that is ultimately used for various applications including airframe seals, such as windows, doors, ailerons, flaps, and access panels; and fire seals, such as starters, generator exhaust, and auxiliary power unit. There has been a significant evolution in design and materials with regards to elastomers in the aircraft industry to address the changing business needs, market competition and stringent regulations.

Airlines’ requirement for fuel-efficient aircraft shows no signs of abating. This is corresponding enormous pressure on aircraft OEMs as well as tier players. Aircraft OEMs along with tier players are advancing their aircraft by either improving the design or incorporating lightweight parts in order to make the aircraft lighter for consuming less fuel. Seals and gaskets also experiencing a remarkable change in design and materials.

Similarly, stringent fire and passenger safety regulations are imprinting a significant impact on the elastomers market dynamics. For instance; FAA and Civil Aviation Authority have made it compulsory to conduct fire test of elastomeric seals with propane and oil burners with the purpose to assure safety of onboard passengers from fire.

Global Aircraft Elastomers Market – Insights by Aircraft Type

The global aircraft elastomers market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, Military Aircraft, General Aviation, and Helicopter. Commercial aircraft is likely to remain the largest and fastest-growing segment of the market during the forecast period of 2018 to 2023, driven by an increasing demand for commercial aircraft to support the rising air passenger and freight traffic. Boeing anticipated that there would be total deliveries of 41,030 commercial aircraft worth US$ 6.1 trillion in the global marketplace during 2017-2036. Asia-Pacific and North America would be the biggest demand generators with a combined share of 60.2% of the total commercial aircraft deliveries during 2017-2036. An expected healthy CAGR of 4.7% in air passenger traffic during 2017-2036 will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for elastomers in the industry in the foreseeable future.

 

Global Aircraft Elastomers Market – Insights by Material Type

Based on the material type, the aircraft elastomers market is segmented as Ethylene Propylene Diene Monomer (EPDM), Fluoroelastomers, Silicone Elastomers, and Others. Fluoroelastomers are projected to remain the most dominant material segment of the market during the forecast period, driven by higher usage in aircraft engines and fuel sections, owing to their good chemical resistance and cold-flexibility with operating temperatures ranging between -20°C and 200°C.

Silicone elastomers are likely to be the fastest-growing material segment of the market during the same period, propelled by its increasing traction in many applications including gaskets, molded seals, airframe, aerodynamic, and engine seals. They also offer excellent heat resistance, cold flexibility, dielectric properties, and good resistance to oxygen and ozone and have operating temperatures ranging between -60°C and 200°C. Silicone elastomers are replacing neoprene in many aviation seals as it is up to 15% lighter. Furthermore, there has been an advancement in the silicone polymers, which are even more lighters.

 

Global Aircraft Elastomers Market – Insights by Application Type

Based on the application type, the aircraft elastomers market is segmented as O-Rings, Gaskets, Seals, Profiles, and Hoses. O-Rings and gaskets are two major applications of the market and are likely to remain the dominant ones over the next five years as well. These applications found usage in almost all parts of an aircraft including airframe, engines, interiors, control surfaces, and landing gears. Nitrile Butadiene Rubber (NBR), Fluorocarbon Rubber (FKM), Ethylene Propylene Diene Monomer (EPDM), and Silicone Rubber (Q) are the most common materials used to manufacture O-rings and gaskets.

Global Aircraft Elastomers Market – Insights by Region

In terms of regions, North America is likely to remain the most dominant market over the next five years, driven by the USA. The country is the largest manufacturer of aircraft worldwide with the presence of major commercial, regional, business jet, and military aircraft manufacturers. The country also holds a long list of tier-I and -II players, which require elastomeric seals on a daily basis for components/systems manufactured.

Europe, another major market for aircraft elastomers, is likely to witness a healthy growth rate over the next five years, driven by increasing production rates of key Airbus aircraft programs, A320 family including neo version and A350XWB. The region also holds a vast list of tier players to support the assembly plants of major European airframers including Airbus Group and ATR.

 

Asia-Pacific is likely to experience the highest growth during the forecast period. China, Japan, and India are the growth engine of Asia-Pacific’s market for aircraft elastomers as tier players are opening their plants in these countries to tap the huge local potential. Increasing military budget to procure advanced military aircraft, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), opening of assembly plants of Airbus and Boeing in China, and increasing commercial aircraft fleet size are the major factors that are bolstering the demand for elastomers for the aircraft industry in Asia-Pacific.

The supply chain of this market comprises raw material suppliers, elastomer producers, seal manufacturers, tier players, aircraft OEMs, MRO companies, and airlines. The key aircraft elastomer manufacturers are Trelleborg AB, Dow Corning Corporation, Shin-Etsu Chemical Co. Ltd., Greene Tweed & Co. Inc., TransDigm Group, Solvay S.A., Lanxess Aktiengesellschaft, Momentive Performance Materials Inc., Saint-Gobain, The Chemours Company, and Wacker Chemie AG.

Changing market dynamics and competitive landscapes are compelling the market players to keep advancing their materials and work closely with tier players to develop advanced elastomers addressing their emergent market requirements. Advancement in elastomers, collaborations with tier players and OEMs, and execution of mergers and acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

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Global Aircraft Nacelle Systems Market to Reach US$ 9.8 Billion in 2023

Aircraft Nacelle Systems Market

The Aircraft Nacelle Systems Market: Highlights

The global aircraft nacelle systems market is projected to reach an estimated value of US$ 9.8 billion in 2023. The upward trajectory of the aircraft nacelle systems market is expected to continue with vigorous growth opportunities across regions for both existing as well as new players. The biggest factor mushrooming the market for aircraft nacelle systems is an organic growth in aircraft deliveries. Boeing anticipated that there would be total deliveries of 41,030 commercial aircraft worth US$ 6.1 trillion in the global marketplace during 2017-2036. Asia-Pacific and North America would be the biggest demand generators with a combined share of 60.2% of the total commercial aircraft deliveries during 2017-2036. An expected healthy CAGR of 4.7% in air passenger traffic during 2017-2036 will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for nacelle systems globally in the foreseeable future.

In addition to that, Boeing and Airbus had a combined total order backlog of 13,219 commercial aircraft by the end of 2017. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for the next nine years at current build rates. However, they have strategically been raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period of time. Also, they have been introducing fuel-efficient variants of their best-selling aircraft programs with the purpose to address the biggest requirement of the airline industry, which is the fuel-efficient aircraft.

Airlines’ requirement of fuel-efficient aircraft is also leaving a significant imprint on the aircraft nacelle systems market. Most of the nacelle integrators are closely working with the OEMs and other industry stakeholders in order to develop lightweight nacelles with enhanced performance. This is another factor driving the demand for advanced lightweight nacelle systems.

Another trend stimulating the design of nacelle and its demand is an incessant increase in the diameter of engine fan blades. Major next-generation commercial aircraft are coming with large-sized engine fan blades in order to generate a higher thrust. They are increasingly making engine fan blades for their next-generation aircraft with advanced composites. Nacelle integrators along with OEMs are developing large-sized nacelles to easily accommodate such large-sized fan blades.

Global Aircraft Nacelle Systems Market – Insights by Aircraft type

The global aircraft nacelle systems market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Jet, and Military Aircraft. Narrow-body aircraft is expected to remain the growth engine of the global aircraft nacelle systems market during the forecast period, propelled by the introduction of fuel-efficient variants of best-selling programs (A320neo and B737 Max). Both commercial aircraft airframers (Boeing and Airbus) are enjoying huge order backlogs of their key aircraft programs and are increasing the production rates of A320 and B737 to meet the growing demand.

 

Global Aircraft Nacelle Systems Market – Insights by Material type

Based on the material type, the aircraft nacelle systems market is segmented as Composites, Nickel Alloys, Titanium, and Others. Composite is expected to remain the material of choice in the aircraft nacelle systems market during the forecast period. There has been an incessant replacement of metals with composite components, owing to their excellent strength-to-weight ratio at a relatively low weight. Titanium material is expected to witness the highest growth in the market during the same period, driven by an increasing penetration, especially in exhaust components.

Global Aircraft Nacelle Systems Market – Insights by Region

 

Based on the regions, North America is expected to remain the largest aircraft nacelle systems market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. The highest growth of aircraft nacelle systems in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus of B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

The supply chain of this market comprises raw material suppliers, nacelle component manufacturers, nacelle integrators, engine OEMs, aircraft OEMs, and airline companies. The key aircraft nacelle system manufacturers are UTC Aerospace Systems, Safran S.A., Spirit AeroSystems, Inc., GE Aviation, GKN Aerospace, Bombardier (Short Brother PLC), and Leonardo S.p.A. Development of lighter nacelle systems, regional expansion, and mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both qualitative and quantitative insights.

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Global Unidirectional Tapes (UD Tapes) Market to Grow at 13.1% CAGR during 2018-2023

Unidirectional Tapes (UD Tapes) Market 2

The Global Unidirectional Tapes (UD Tapes) Market: Highlights

Unidirectional tapes consist of endless fibers orientated in one direction embedded into thermoset or thermoplastic polymer matrix. The global UD tapes market is likely to witness an impressive CAGR of 13.1 % over the next five years, driven by a host of factors including organic growth of the aerospace and defense, automotive, and sports & leisure industries coupled with increasing composite penetration in the structural and semi-structural sections, excellent mechanical performance, and lightweight as compared to rivals including steel and aluminum. UD tapes are gaining traction in all the major end-use industries: aerospace & defense, automotive, and sporting goods.

Global Unidirectional Tapes (UD Tapes) Market – Insights by Fiber type

The UD tapes market is segmented based on the fiber type as Glass Fiber UD Tapes, Carbon Fiber UD Tapes, and Other UD Tapes. The glass fiber segment is estimated to account for the largest share of the UD tapes market in 2018 and is projected to remain the most dominant segment over the next five years. Glass fiber is a low-cost option and offers an excellent price-performance ratio to most of the end-use industries including aerospace & defense, automotive, and sporting goods. Additionally, glass fiber UD tapes offer excellent corrosion resistance and are easy to process.

Carbon fiber UD tape, a relatively small segment, is likely to exhibit the highest growth  during the same period, driven by an increasing demand for lightweight materials in aerospace & defense and automotive industries. Carbon fiber is lighter in weight as compared to other fibers including glass fiber as well as competing metals including aluminum and steel. Carbon fiber UD tape is gaining traction in the aerospace & defense and sporting goods industries.

Global Unidirectional Tapes (UD Tapes) Market – Insights by Resin type

Based on the resin type, the UD tapes market is bifurcated into Thermoset UD tapes and Thermoplastic UP tapes. Thermoplastic UP tape is likely to remain the most dominant segment during the forecast period. Most of the aerospace interior components, such as floor panels, seat frames, and luggage bins, are started manufacturing with thermoplastic UD tapes. Thermoplastic UD tapes offer a wide array of benefits such as higher strength-to-weight ratio, excellent toughness, moisture absorption resistance, and ability to survive under high-temperature conditions. They are preferably used in almost all major end-use industries including aerospace & defense and sporting goods. Also, most of the major UD tape manufacturers are primarily manufacturing thermoplastic UD manufacturers.

Global Unidirectional Tapes (UD Tapes) Market – Insights by End-use- Indusrty type

Based on the end-use industry type, the global UD tapes market is segmented into Aerospace & Defense, Automotive, Sporting Goods, and Others. The aerospace and defense were estimated to hold the largest share of the UD tapes market in 2017 and is expected to remain the largest segment during the forecast period. UD tapes bring numerous advantages, such as lightweight, higher strength-to-weight ratio, and excellent corrosion resistance, over their traditional counterparts including aluminum and steel. Composite materials have a disruptive journey of more than five decades in the aerospace industry where the penetration of materials escalated from merely 4% to more than 50% in the next-generation aircraft. UD tapes also witnessed an increased penetration in various section of an aircraft including interior components, such as seat frames. Additionally, there has been a sustainable demand for new aircraft to support the rising passenger traffic. For instance; Boeing anticipated that there will be a total delivery of 41,030 commercial aircraft during 2017-2036. This expected increase in aircraft delivery will majorly be driven by demand from the developing economies of the region, such as Asia-Pacific, South America, and Africa, which, in turn, is estimated to drive the demand for UD tapes in the segment.

The automotive industry, another considerable segment, is likely to be the fastest-growing segment of the market during the same period. Premium vehicles and electric vehicles are likely to procure UP tapes most in the segment in the coming years. Stringent government regulations regarding fuel efficiency enhancement and carbon emission reductions, such as CAFÉ standards, are likely to drive the demand for lightweight materials including UP tapes in the segment in the coming years.

Global Unidirectional Tapes (UD Tapes) Market – Insights by Region

Based on the regions, North America is projected to remain the most dominant market during the forecast period of 2018 to 2023. The region is the manufacturing hub of the aerospace industry with the presence of all major aircraft OEMs as well as tier players. Further, major UD manufacturers are headquartered in the region to support the emergent needs of the OEMs. Boeing is the largest procurer of UD tapes in the region.

Europe and Asia-Pacific, other major regions, are also likely to exhibit excellent growth rates in the coming years, driven by a host of factors. The continuous increase in the production rates of A320 family along with new variants and A350XWB is the prime growth driver of the demand for UD tapes in the European region.

Similarly, high demand for commercial and regional aircraft in Asia-Pacific is stimulating the aircraft OEMs to open their assembly plants in the region, especially China. Both, Airbus and Boeing, are opening assembly plants of their best-selling aircraft models in the country. Concurrently, the local players are also developing aircraft to meet the huge local demand. For instance; COMAC is developing C919 narrow-body aircraft in China, whereas Mitsubishi is developing MRJ regional aircraft in Japan. Additionally, a continuous shift of sporting goods manufacturing from the developed region to China and Taiwan is creating an additional opportunity for UD tape manufacturers in the region.

The supply chain of this market comprises raw material suppliers, UD tape manufacturers, tier players, aircraft OEMs, airlines, and leasing companies. The key UD tape manufacturers are Evonik Industries, SABIC, Hexcel Corporation, TenCate, Teijin Limited, Celanese Corporation and BASF. Changing market dynamics and competitive landscapes are compelling the market players to keep advancing their materials and work closely with tier players to address their emergent market requirements. Advancement in resin system, collaborations with tier players and OEMs, and execution of mergers and acquisitions are the key strategies adopted by the key players to gain a competitive edge in the market.

 

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High-Temperature Composite Resins Market Reach US$ 168.3 million in 2023

High temp compo regin

The High-Temperature Composite Resins Market: Highlights

Resins used for composite applications, which can withstand extreme heat and temperature environments, are considered as high-temperature composite resins. High-temperature resins have a long history in the composites industry with usage in military and commercial aircraft engines. Nowadays, composite stakeholders are betting on these resin technologies in other applications including airframe and other hot sections.

The global high-temperature composite resins market is projected to grow at a healthy rate over the next five years to reach US$ 168.3 million in 2023. Increasing penetration of composites in aerospace and automotive industries coupled with a greater demand for high-temperature composites, increasing production rates of high-temperature composite rich F-35 aircraft, and superior performance benefits of high-temperature resins are the key factors proliferating the growth of the market.

High-temperature resin excels the performance of composite parts and enhances parts’ ability to withstand extreme heat and harsh environmental conditions. Also, the resin performs better under fatigue compared to more brittle ceramics and are lighter than metals; therefore, manufacturers have started adopting high-temperature resins instead of using ceramics and exotic metals. The aircraft engine is one of the biggest application areas of high-temperature composite resins as it is prone to extreme temperature and heat environments.

Newer jet engines and 5th generation fighter aircraft have pushed service temperature into the range of 600°F to 1000°F (316°C to 538°C), along with an increasing demand for composite materials in order to achieve excellent strength-to-weight ratio. Lockheed Martin’s F-35 is among the best-selling fifth-generation aircraft, which has incorporated high-temperature composite resins. About 35% of the aircraft is made of composites and approximately 50% of which is high-temperature composites.

The High-Temperature Composite Resins Market – Insights by Resin Type

Based on the resin type, the high-temperature composite resins market is segmented as BMI, Cyanate Ester, Polyimide, Thermoplastics, and Others. BMI resin is likely to remain the most dominant high-temperature resin type in terms of volume over the next five years. It is preferably used in military aircraft engines as well as airframe applications, nacelles of business jet engines, tooling prepreg, and hot-air ducts. However, polyimide resin is likely to remain the largest resin type in terms of value during the forecast period. Polyimide composite parts can withstand continuous use up to 315°C (600°F) and intermittent use up to 480°C (900°F) and exhibit extremely high dimensional stability at elevated temperatures.

The High-Temperature Composite Resins Market – Insights by End- Use- Indusrty Type

The global high-temperature composite resins market is segmented based on the end-use industry type as Aerospace & Defense, Transportation, and Others. Aerospace & defense is likely to remain the most dominant segment during the forecast period. Increasing production rate of high-temperature composite rich fighter aircraft F-35 (Joint Strike Fighter) is likely to give an impetus to the demand for high-temperature composites in the industry. Lockheed Martin announced it has increased the deliveries of F-35 by 40% in 2017 than the previous year. The company is likely to further increase its annual deliveries from 66 aircraft in 2017 to an expected delivery of 160 aircraft in 2023. Another key application area of high-temperature composite resin is tooling prepreg, where BMI resin is gaining traction.

The High-Temperature Composite Resins Market – Insights by Manufacturing Type

Based on the manufacturing process type, the high-temperature composite resins market is segmented as Prepreg Layup, RTM, and Others. Prepreg layup is expected to remain the most dominant process for manufacturing composite parts made using high-temperature resins. It is the most widely preferred process for manufacturing of critical parts in the aerospace & defense industry, where high-temperature resin systems are used. Prepreg layup offers various advantages, such as consistent material properties, high fiber volume, flexibility in fiber orientation, low-void content, and easy to operate on complicated shapes.

The High-Temperature Composite Resins Market – Insights by Region

Based on regions, North America is projected to remain the largest market during the forecast period, driven by the world’s leading aircraft OEMs, aeroengine manufacturers, tier players, and material suppliers. The USA is the growth engine of the region’s market. Lockheed Martin has opened a new manufacturing facility to produce its high-temperature composite resin rich F-35 aircraft in Pinellas Park, Florida, the USA, to raise the existing production rate. There is a total un-filled order of more than 2,691 F-35 aircraft from 12 countries out of which the USA’s inventory objective is 2,456 F-35 aircraft.

Europe is projected to remain the second largest market for high-temperature composite resins during the forecast period. Dassault Aviation, BAE Systems, and Airbus Group are some of the key OEMs, which are driving the demand for high-temperature composite resins in the European market.

The supply chain of this market comprises raw material suppliers, high-temperature resin manufacturers, prepreggers & compounders, tier players, OEMs, and airliners. The key high-temperature composite resin manufacturers include Solvay S.A., TenCate Advanced Composites, Lonza Group, Hexcel Corporation, and Renegade Materials Corporation. The development of low-cost high-temperature composite resins with an ease of manufacturing processes; reduced operational cost; and formation of strategic alliances are the key strategies adopted by the players to gain a competitive edge in the market.

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Global Aircraft De-Icing Fluids Market to Reach US$ 848.1 million in 2023

 

Aircraft Deicing

The Global Aeroengine Fan Blades Market: Highlights

Aircraft de-icing fluids play an important role in providing safe, uninterrupted, and timely air travel during the inclement winkle conditions. These are typically ethylene glycol and propylene glycol based fluids, which also contain water, corrosion inhibitors, wetting agents, and dye. These fluids are formulated to assist in removing ice, snow, and frost layers from external surfaces of an aircraft and reduce the freezing point of water. De-icing fluids (Type I) remove ice, snow, and frost layers from external surfaces of an aircraft and anti-icing fluids (Type II, Type III and Type IV) prevent the aircraft from further freezing ice on its critical surfaces for a certain period of time. In the recent past, there have been some aircraft accidents that have created a fear among the airlines for snow deposition on aircraft surfaces when an aircraft is in the air. Different types of fluids are used for de/anti-icing of different aircraft, depending on its rotational speed and recommendation by the aircraft manufacturer.

The global aircraft de-icing fluids market is projected to grow at a healthy rate over the next five years to reach US$ 848.1 million in 2023. Rising air passenger and cargo traffic, construction of new airports & expansion of existing airports, rising accidents & problem associated with snow deposition on aircraft, expanding global tourism sector especially in colder regions, and increasing demand for eco-friendly and recyclable de-icing materials are the major growth factors that are burgeoning the demand for aircraft de-icing fluids.  North America and Europe are the biggest demand generators for de-icing fluids with a combined share of more than two-thirds of the total market.

Global aircraft de-icing fluids market – Insights by Aircraft type

Based on the aircraft type, the market is bifurcated into Commercial Aircraft, Military Aircraft, General Aviation, and UAV. Commercial aircraft is likely to remain the most dominant segment of the market over the next five years. It is also likely to be the fastest-growing segment over the forecast period, mainly driven by rising passenger traffic and increasing fleet of commercial aircraft in colder regions, such as North America and Europe. In the winter season, thousands of the flights get cancelled or delayed worldwide due to low temperature and icy weather conditions. It acts as a major bottleneck for airlines in providing better service to its customers along with an adverse impact on their profitability/margin.

Global aircraft de-icing fluids market – Insights by Fluid type

Based on the fluid type, the market is segmented into Type I, Type II, Type III, and Type IV. Type I is likely to remain the most dominant and fastest-growing segment of the market during the forecast period. It is consumed in large quantities for de-icing of an aircraft because they are used for removing the ice and frost layers from external surface of the aircraft and their capability to provide limited anti-icing protection. Type III fluid holds the smallest share of the market, due to its limited use in most of the countries.

Global aircraft de-icing fluids market – Insights by Material type

Based on the material type, the market is segmented into Propylene Glycol and Ethylene Glycol-based De-Icing Fluids. Propylene glycol-based de-icing fluid is projected to maintain its dominance in the market over the next five years. It is also likely to grow at the highest rate during the forecast period as well. Propylene glycol-based de-icing fluids are replacing ethylene glycol-based de-icing fluids, owing to their less toxic nature. Although ethylene glycol is a better heat transfer fluid than propylene glycol, it can adversely affect the environment due to its inappropriate disposal on runways at airports. It may enter waterways and may affect the flora and fauna in the surrounding environment. Most of the airports worldwide prefer to use propylene glycol-based de-icing fluids and avoids the usage of ethylene glycol. Ethylene glycol based de-icing fluid still found commercial applications in countries, such as Canada and Russia.

Global aircraft de-icing fluids market – Insights by Region

Based on regions, North America is projected to remain the largest market for aircraft de-icing fluids during the forecast period primarily driven by the USA, as it is the growth engine of the region’s market and has one of the largest fleets of aircraft across the world. Growing aircraft fleet size and rising passenger traffic are likely to further boost the overall demand for aircraft de-icing fluids in the region’s market in the foreseeable future. It is also projected to witness the highest growth during the forecast period as well.

The supply chain of this market comprises raw material suppliers, de-icing fluid manufacturers, distributors, aircraft manufacturers, and airport authorities. Key aircraft de-icing fluid manufacturers are Clariant AG, The Dow Chemical Company, Kilfrost Group Plc, Cryotech Deicing Technology, LNT Solutions, Inland Technologies, Abax Industries SAS, and Proviron Functional Chemicals NV. Development of non-toxic and recyclable aircraft de-icing fluids and collaboration with customers are some of the most common strategies adopted by the major players in order to remain competitive in the market.

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