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Aerospace Maintenance Chemicals Market 2026: 3M, Aerochemicals, Aircraft Spruce and Specialty Co., Arrow Solutions, Aviation Chemical Solutions, Inc., Callington Haven Pty. Ltd., The Dow Chemical Company (Dow), Eastman Chemical Company, Exxon Mobil

06-03-2020 07:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Aerospace Maintenance Chemicals Market

Aerospace Maintenance Chemicals Market

Aerospace maintenance chemicals market is forecast to reach over USD 9 billion by 2026. Surging expenditure by governments and scientific organizations for space exploration is at its peak. It takes millions of dollars to send even a single robot to space, and over billions of dollars to send astronauts to orbit. High maintenance required by these spacecrafts flying for space exploration mission may foster industry size. Moreover, surging defense budget and adoption of military aircrafts will offer lucrative scope for the industry growth.

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Rise in number of air passengers along with increasing need for refurbishment of older aircraft fleets across the globe is likely to drive global aerospace maintenance chemicals market. Increasing demand for commercial aircrafts is expected to further boost product penetration.
In order to mitigate CO2 emission, the International Air Transport Association (IATA) adopted a set of targets for an average improvement of 1.5% fuel efficiency per year from 2009-2020. Such stringent fuel efficiency targets set by the aviation industry along with growing complication of aircraft engines, airframes, and systems will also fuel industry growth.

The advanced aviation paint removers offer faster operation in achieving reduced MRO (maintenance, repair, and operations) time. Faster mode of action provided by these paint removers reduce Aircraft on Ground (AOG) time which supports the airlines profitability. Among various aerospace maintenance chemicals, organic chemicals are dominating the industry landscape due to competitive prices, product availability and expansive application range. Organic chemicals are used in several metal cleaning applications and provide superior results.

However, organic paints/chemicals are hazardous due to high VOC content and can be a threat to user health. Industry players in aerospace maintenance chemicals market are focusing on developing several chemicals with low VOC contents, which is likely to further support product penetration.

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Growing disposable income in APAC countries has resulted in growing air passenger-base. According to International Air Transport Association (IATA) forecast, over half of the new passenger traffic will be from Asia Pacific region by 2035, and by 2024, China is estimated to overtake the U.S. as the largest aviation market. Moreover, establishment of new maintenance facilities across the region will also fuel aerospace maintenance chemicals market growth. For instance, Bombardier Business Aircraft in partnership with the TAEA (Tianjin Airport Economic Area) established a new business jet service center in China, in 2017.

Some Point from Table of Contents:

Chapter 4. Aerospace Maintenance Chemicals Market, By Product
4.1. Aerospace maintenance chemicals industry share by product insights
4.2. Aircraft Cleaning Chemicals
4.2.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.2.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.3. Aircraft Leather Cleaners
4.3.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.3.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.4. Aircraft Paint Removers
4.4.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.4.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.5. Aircraft Paint Strippers
4.5.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.5.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.6. Specialty Solvents
4.6.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.6.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.7. Degreasers
4.7.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.7.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)
4.8. Aircraft Wash and Polish
4.8.1. Global market estimates and forecasts, 2016 – 2026, (Kilo Tons) (USD Million)
4.8.2. Market estimates and forecast, by region, 2016 – 2026, (Kilo Tons) (USD Million)

Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/aerospace-maintenance-chemical-market

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DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

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