The Business Research Company’s report on the Aerospace Maintenance Chemicals Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the aerospace maintenance chemicals industry?
An increase in air passenger traffic is expected to propel the growth of the aerospace maintenance chemicals market going forward. Air passenger traffic refers to the volume of air passengers commuting, it comprises both domestic and international flight passengers. Aircraft maintenance is performed to keep the aircraft fully operational and safe for crew and passengers, as well as everyone in its servicing area, which would in turn favor the demand for aerospace maintenance chemicals. For instance, in December 2023, according to the to the Department for Transport, a UK-based government department, in 2022, a total of 195.6 million passengers traveled internationally to or from airports in the United Kingdom. Therefore, the increase in air passenger traffic will drive the aerospace maintenance chemicals market.
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What is the estimated market size of the aerospace maintenance chemicals sector by 2029, based on current forecasts?
The aerospace maintenance chemicals market size has grown strongly in recent years. It will grow from $7.89 billion in 2024 to $8.4 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growing air travel, safety and performance requirements, ageing aircraft fleet, maintenance and repair operations (MRO), increased aviation standards.
The aerospace maintenance chemicals market size is expected to see strong growth in the next few years. It will grow to $11.2 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to optimization of maintenance costs, innovations in chemical formulations, safety and performance requirements, global aviation market growth, rise in aviation standards. Major trends in the forecast period include technological integration, efforts for corrosion prevention, safety and performance requirements, innovations in chemical formulations, demand for fuel efficiency.
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#Who are the top players in the aerospace maintenance chemicals market?
Major companies operating in the aerospace maintenance chemicals market are Exxon Mobil Corporation, Eastman Chemical Company, Arrow Solutions LLC, Dow Chemical Company, Nuvite Chemical Compounds, Aircraft Spruce Company, ALMADION International, Callington Haven Pvt. Ltd., Florida Chemical Supply Inc., Henkel AG & Co. KGaA, High Performance Composites & Coatings Pvt. Ltd., Jaco Aerospace Inc., Nexeo Solutions, Quaker Houghton, Royal Dutch Shell PLC, Velocity Chemicals, ABR Aviation LLC, Aerokem Chemical Corporation, Alglas UK, Boeing Company, Avionics Unlimited, BASF SE, Carpenter Technology Co., Flamemaster Corporation, International Aerospace Coatings Ltd., McGean-Rohco Inc., 3M Company, Navhouse Corporation, PPG Industries Inc.
#What are the major trends in the aerospace maintenance chemicals market?
Product innovations are the key trends gaining popularity in the aerospace maintenance chemicals market. Green cleaning chemicals are produced from environmentally friendly ingredients and are safe for both humans and the environment. They are made of plant-based enzymes and do not contain any chemical compounds. Major companies operating in the aerospace maintenance chemicals market are focused on developing new innovative solutions to strengthen their market position. For instance, in June 2022, Socomore, a US-based aerospace industry introduced SOCOCLEAN AIRCRAFT CLEANERS. The unique feature is that they are 100% plant and mineral based. It offers cleaning products for the interior and exterior of aircraft. The cleaners are biodegradable within 28 days and do not generate toxic residues for the ecosystem. It has no negative impact on the environment and lowers the carbon footprint.
Which geography holds the highest aerospace maintenance chemicals market share?
North America was the largest region in the aerospace maintenance chemicals market in 2024. The regions covered in the aerospace maintenance chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the aerospace maintenance chemicals market?
The aerospace maintenance chemicals market covered in this report is segmented –
1) By Nature: Organic, Inorganic
2) By Product: Cleaners, Deicing Fluids, Adhesives, Other Product
3) By Application: Commercial Aircraft, Single Engine Piston, Business Aircraft, Military Aircraft, Helicopters, Space
Subsegments:
1) By Organic: Solvents, Cleaners And Degreasers, Lubricants, Adhesives And Sealants
2) By Inorganic: Corrosion Inhibitors, Alkaline Cleaners, Descalers And Rust Removers, Surface Treatments
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How is the aerospace maintenance chemicals market defined?
Aerospace maintenance chemicals are a range of specialized products designed for the upkeep and repair of aircraft and aerospace equipment. Aerospace maintenance chemicals are used for cleaning surfaces, removing contaminants, lubricating moving parts, protecting against corrosion, and ensuring the proper functioning of aircraft systems.
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