Aircraft De-Icing Fluids Market estimated to reach US$ 877.6 million in the forecast period (2019-2024)

The report on the Aircraft De-Icing Fluids Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft De-Icing Fluids Market is expected to reach US$ 877.6 million by the forecast period (2019 – 2024).

As per the report, the market is segmented by:
● by Aircraft Type (Commercial, Military, and Others) – Commercial aircraft will remain the most dominant segment of the market.
● by Fluid Type (Type I, Type II, Type III, Type IV) – Type I will remain the most dominant and fastest-growing segment of the market
● by Material Type (Ethylene Glycol and Propylene Glycol)- Propylene glycol-based de-icing fluid will remain the dominant segment in the market.
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

Table Of Contents: https://www.stratviewresearch.com/toc/350/Aircraft-De-Icing-Fluids-Market.html

Highlights of the Report:
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.

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. Type I fluids are generally used for removing the ice, snow, or frost layers from the critical surfaces of an aircraft such as wing’s leading edges, engine inlets, fuselage, and vertical fins. It provides very limited anti-ice protection and has a very short holdover time of 10 to 15 minutes. These fluids are generally applied before applying type II, II, or IV type of fluids, the latter provides more holdover time and longer ice protection. Type I is the first step in de-icing of any aircraft. If an aircraft is de-iced with the only type I fluid, then it has just a short period of holdover time, i.e., to take-off only. Type III fluid holds the smallest share of the market, due to its limited use in most of the countries.

Based on the material type, the market is segmented into Propylene Glycol and Ethylene Glycol-based De-Icing Fluids. The propylene glycol-based de-icing fluids segment is projected to maintain its dominance in the market over the next five years. It is likely to grow at a higher 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 the 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 avoid the use of ethylene glycol. Ethylene glycol based de-icing fluid still found commercial applications in countries, such as Canada and Russia.

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. 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.

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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Key Players of 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.

Features of the Report
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 into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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