Aerospace Maintenance Chemical Market Recent Advancements and Future Challenges

Aerospace Maintenance Chemical Market by Application (Deicing Fluid, Cleaning Fluids), Type of Aircrafts, Nature of Chemicals: Global Analysis 2019-2030.

PORTLAND, OREGON, UNITED STATES, March 30, 2022 /EINPresswire.com/ -- The aerospace maintenance chemical market is segmented based on application, type of aircraft, nature of chemicals, and region. By application, the market is segmented into deicing fluid, cleaning fluids, and others. ADF (aircraft deicing fluid) or AAF (aircraft anti-icing fluid) are most commonly used deicing chemicals in snowy regions. It remains on surface to slow down ice formation, as the snow build-up causes disruption in smooth airflow thus degrading the ability to generate lift. There are lubricants used for the moving parts of the aircraft. Cleaning fluid are mostly used as paint removers, paint strippers, degreasers and washing and polishing aircraft, while others consist of specialty solvents and leather seat polishers.

Aerospace maintenance chemicals are cleaners that are used for the operational proficiency of the aircraft. They are used as cleaning materials, paint removers, paint strippers, degreasers, and aircraft washers and polishers. For all commercial aircrafts the cleaners are used to keep them corrosion free and maintain hygienic conditions inside and outside.

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Rise in demand for the maintenance of aircraft surface, owing to surrounding temperature and climatic conditions fuels the demand for aircraft maintenance chemicals. In addition, increase in air passenger traffic due to rise in disposable income of the middle class population tend to increase the flight frequency. This in turn increase the maintenance, repair, and overhaul (MRO) activities of the aircraft, which further fuels the growth of the aerospace maintenance chemical market. However, stringent government regulations, high maintenance costs, time constraints, limited market players, and lack of skilled expertise are expected to restrain the aerospace maintenance chemical market growth. Moreover, the gap in demand and supply in the aviation industry has been witnessed over the past few years that lead to increase in production of aircraft, which will further increase the MRO activities, creating lucrative opportunities for the expansion of the aerospace maintenance chemical market.

On basis of type of aircraft, it is segmented into commercial, business, general aviation, defense, space aircraft, and helicopters. Business and commercial aircrafts require maintenance on regular basis due to flight iteration and increase in number of passengers. The chemical used are mostly deicing and cleaning fluids. Continuous removal of oil and dirt increases the service span of helicopters, which in turn will contribute in aerospace maintenance chemical industry.

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By nature of chemicals, the aerospace maintenance chemical market is bifurcated into organic and inorganic. Inorganic chemicals were widely used even with the risk of several harmful diseases such as cancer, motor neuron diseases, and others. On the basis of region, the aerospace maintenance chemical market analysis is carried out across North America, Europe, Asia-Pacific, and LAMEA.

The Key aerospace maintenance chemical market players operating in this market include Exxon Mobil Corporation, Henkel AG & Co. KGaA, Arrow Solutions, Eastman Chemical Company, Florida Chemical, The Dow Chemical Company, Nuvite Chemical Compounds, Aircraft Spruce and Specialty Co., Nexeo Solutions, and High Performance Composites & Coatings. Companies are heavily investing in the R&D activities for maintenance methods and decreasing cost. Chemical manufacturers are collaborating with respective clients to keep up with demand and supply and research and innovation.

Few recent developments: In 2017, US-based commercial jetliner manufacturer, The Boeing Company, acquired an electric aircraft company named Aurora Flight Services for its world-class innovation, development, and manufacture of advanced autonomous systems and aerospace platforms. Aurora Flight Services will now be working as a subsidiary of The Boeing Company under Boeing Engineering, test and technology; US army has collaborated with Riveer (a washing and water treating company based in US) and designed a technology that serves washing and cleaning services for US Military whether in dessert or ocean-side area.

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Key Benefits for Stakeholders:
The aerospace maintenance chemical market size has been analyzed across all regions
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
The report outlines the current aerospace maintenance chemical market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets. The market is forecasted for 2019-2026.
Major countries in the region have been mapped according to their individual revenue contribution to the regional market
The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study
The aerospace maintenance chemical market analysis covers in-depth information of major industry participants

Aerospace Maintenance Chemical Key Market Segments:

By Application
Deicing Fluids
Cleaning Fluids
Others

By Type of Aircraft
Commercial Aircraft
Business Aircraft
Defense Aircraft
Space Aircraft
Helicopters

By Nature of Chemicals
Organic
Inorganic

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Key Players
Exxon Mobil Corporation
Henkel AG & Co. KGaA.
Arrow Solutions
Eastman Chemical Company
Florida Chemical
The Dow Chemical Company
Nuvite Chemical Compounds
Aircraft Spruce and Specialty Co
Nexeo Solutions

David Correa
Allied Analytics LLP
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