Aircraft De-Icing Fluids play an important role in providing safe, uninterrupted, and timely air travel during the inclement weather conditions. Aircraft de-icing fluids 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 the external surfaces of an aircraft and reduce the freezing point of the water. The type I de-icing fluids remove ice, snow, and frost layers from the external surfaces of the aircraft, whereas anti-icing fluids (Type II, Type III and Type IV) prevent the aircraft from further freezing the ice on its critical surfaces for a certain period of time.
The global aircraft de-icing fluids market is projected to grow at a healthy rate over the next five years to reach US$ 877.6 million in 2024. Rise in air passenger and cargo traffic, increasing construction of new airports & expansion of existing airports, rising accidents & problems 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 factors that are driving the demand for aircraft de-icing fluids.
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Key Players
The supply chain of this market comprises raw material suppliers, de-icing fluid manufacturers, distributors, aircraft manufacturers, aircraft leasing companies, and airport authorities.
The key aircraft de-icing fluid manufacturers are-
Clariant AG, DowDuPont Inc, Proviron Functional Chemicals NV, ADDCON GmbH, Aviation Xi-an High-Tech Physical Chemical Co., Ltd., ilfrost Group Plc, Cryotech Deicing Technology, LNT Solutions, Inland Technologies, Abax Industries SAS.
Regional Analysis
In terms of regions, North America is projected to remain the largest market for aircraft de-icing fluids during the forecast period, primarily driven by the USA. The country is the growth engine of the region’s market and has one of the largest fleets of aircraft across the world. Airbus, in its commercial aircraft outlook 2018-2037, stated that there will be total deliveries of 6,307 passenger and freighter aircraft in North America during 2018-2037.
Europe is projected to remain the second-largest market during the forecast period and is projected to witness the second-highest CAGR during the forecast period. Increasing aircraft fleet size and rising air passenger traffic in the colder regions are the major factors driving the demand for de-icing fluids in Europe.
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