Aircraft Cleaning Chemical Market : Innovative Trends Implemented by Manufacturers Steering Growth until 2028| Key Players - Velocity Chemicals Ltd., Frasers Aerospace, Callington Haven Pty Ltd., Aero-Sense, Chempace Corporation

The augmenting aviation sector, coupled with a considerably high number of individuals opting for air travel has been adding transaction to aircraft cleaning chemical market. The International Air Transport Association estimations indicated a 7.6% increase in the global passenger traffic in 2017 – which is more than average annual growth witnessed in the last decade. This is leading to expansion in aircraft fleet size, thereby, increasing the demand for aircraft cleaning chemicals. Fact.MR study foresees robust demand for aircraft cleaning chemicals especially from the defense industry. 

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Amid the extremely competitive aviation landscape, airlines have revised their cleaning and maintenance ways to ensure high-quality standards. Further, the growing health awareness, in line with the growing infection risks, due to contaminated passenger seats, is likely to drive traction mainly for disinfectants, among various aircraft cleaning chemicals. Fact.MR report analyzes key factors bringing revenue to the aircraft cleaning chemical market during the study period.

“Aircraft cleaning chemicals market is estimated to witness a restrained growth rate of merely 4.3%, with the demand in volumes expected to surpass 78,500 tons by 2028 end. The market is envisaged to grow on the account of constant demand from airline companies and their shifting strategies to offer a cleaner travel experience to passengers”- finds Fact.MR report.

Rising Incomes in Tandem with Attractive Air Travel Offers Remain Significant For Market Growth

Air passenger traffic is increasing on the back of rising disposable income and rapidly accelerating middle class population. This is further pushed by several other factors, including the growing affordability, increasing per capita income, and tendency to travel, which will thereby fuel the need for more aircrafts, which in turn will augment the sales of aircraft cleaning chemicals.  

Further, several other factors, such as flourishing tourism industry, growing international travel, competitive air travel pricing by airline carriers and lucrative amenities offered during air travel, will significantly contribute to increasing consumer preference for air travel, positively impacting the demand for aircraft cleaning chemical market during the foreseeable period.  

Adoption of Greener Chemicals Remains A Paramount Trend

Amid the growing green revolution to curtail impact of hazardous chemicals on environment, end users are gravitating towards greener alternatives to VOC emitting degreaser and cleaning products, prompting manufacturers to bring changes in chemical production processes. Mughal manufacturers in the aircraft cleaning chemical market have shifted their focus on the development of greener, safe, durable, affordable and non-hazardous bio-based and water based aircraft cleaning chemicals. Production of non-hazardous and non-toxic aircraft cleaning products, which are free from substances, including Perchloroethylene, trichloroethylene (TCE), and other chemicals, remain a key strategy to widen consumer base, while driving sales.

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North America Leads in Sales, While Manufacturers Tap on Lucrative Middle East and SEAP

On the verge of losing a hefty share to the Chinese aircraft cleaning chemical market, North America still manages to dominate global aircraft cleaning market. Whereas, in recent past, the growing tourist destinations in SEAP has considerably increased the number of tourists in ASEAN countries, with the trend expected to grow in the forthcoming years. In order to offer better travelling services to tourists, companies are focused on introducing better travelling services through expansion and revamp of their old infrastructure. Also, constant government initiatives to develop new airports are creating substantial opportunities for aircraft cleaning chemical manufacturers.

Fact.MR report opines that developing regions have been generating favorable sales opportunities, primarily in China and India, which is mainly attributed to the heavy investments in airport development in the recent years, further catalyzed by airport expansion in metro cities, and encouraging government initiatives. North America will continue to remain lucrative for aircraft cleaning chemicals— growing roughly 1.2 times by 2028 end, finds the Fact.MR study.

Surge in tourist footfall in the ASEAN and SEAP countries will create extensive opportunities for chemical cleaning manufacturers, eying to widen their customer outreach. Fact.MR anticipates significant sales opportunities in Middle East, as the region visibly shifts from gas and oil-based revenues to commerce, trade, tourism, and manufacturing. Further, favorable commercial aviation landscape in Middle East will give manufactures lucrative opportunities to extend customer outreach

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