Press release
The Aircraft De Icing Fluids Market to experience an impressive growth to reach US$ 877.6 million in 2024
Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Aircraft De Icing Fluids Market, answers all the important questions.Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Aircraft De Icing Fluids Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/350/Aircraft-De-Icing-Fluids-Market.html
The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Fluid Type Type I, II, III, IV
Material Type Ethylene Glycol & Propylene Glycol
Aircraft Type Commercial aircraft, military aircraft etc.
by Region North America, Europe, Asia-Pacific, and RoW
The Growth Prognosis & its Drivers
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. 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.
The Hegemony of ADDCON GmbH.
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.
Table Of Contents: https://www.stratviewresearch.com/toc/350/Aircraft-De-Icing-Fluids-Market.html
The undisputed Dominance of the North America
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. The company also anticipated that there will be a total active fleet of 8,281 passenger and freighter aircraft in the region by 2037. The USA also has the largest fleet of regional aircraft, business jets, military aircraft, and UAVs, which further pledges the dominance of the USA in the global market.
Emerging Trends: Commercial aircraft is likely to remain the most dominant segment of the market
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 the rising passenger traffic and an increasing fleet of commercial aircraft in the cold 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 the airlines in providing a better service to its customers along with an adverse impact on their profitability/margin.
Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
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