Aircraft De-Icing Fluids Market is likely to be US$ 848.1 million opportunity in 2023

Stratview Research has launched a research report on Aircraft De-Icing Fluids Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft De-Icing Fluids Market from 2018 to 2023.

This 277-page report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Commercial, Military, and Others)
● by Fluid Type (Type I, Type II, Type III, Type IV)
● by Material Type (Ethylene Glycol and Propylene Glycol)
● and by Region
o North America (Country Analysis: The USA, Canada, and Mexico)
o Europe (Country Analysis: Russia, the UK, Germany, Sweden and Rest of Europe)
o Asia-Pacific (Country Analysis: China, Japan, South Korea, and Rest of Asia-Pacific)
o Rest of the World (Sub-Region Analysis: The Middle East, and Others)

Stratview Research, has presented the study of Aircraft De-Icing Fluids Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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., Kilfrost Group Plc, Cryotech Deicing Technology, LNT Solutions, Inland Technologies, and Abax Industries SAS. The 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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Fluids are formulated to assist in removing ice, snow, and frost layers
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.

Increasing demand for eco-friendly and recyclable de-icing materials
The 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.

Commercial aircraft to remain the most dominant segment

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 canceled 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.

Type I to remain the most dominant and fastest-growing segment

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.

Propylene glycol-based de-icing fluid to maintain its dominance

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.

North America to remain the largest market

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.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aircraft De-Icing Fluids Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 1000 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.

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