Pune, India, October 2019, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Aircraft De-Icing Market.
Overview
The Global Aircraft De-Icing Market is expected to reach USD 1,737.2 Million by 2025 at a CAGR of 5.92% during the forecast period.
Extensive snowfall can hamper aircraft functioning by accumulating on various surfaces, thereby delaying operations. To avoid such delays and ensure safe take-offs, it is necessary to de-ice aircraft surfaces. Aircraft de-icing operations are either performed by airline operators or are contracted to third-party vendors. The need to ensure safe take-offs and landings in adverse weather conditions is expected to drive the growth of the market during the forecast period.
Segmental Analysis
The global aircraft de-icing market has been segmented based on equipment, fluid type, and application.
By equipment, the global aircraft de-icing market has been classified as de-icing trucks, sweepers, and others. The de-icing trucks segment is projected to dominate the market with a valuation of USD 833.1 million in 2018. A de-icing truck maneuver’s around the aircraft and sprays de-icing fluid on the critical parts of the aircraft. De-icing trucks offer various features such as heated enclosed cabin and maximum working height that assist in de-icing a larger area of the aircraft. Furthermore, these trucks aid in reducing fluid consumption and require easy maintenance. The sweeper's segment is expected to exhibit a CAGR of 5.28% during the forecast period.
By fluid type, the global aircraft de-icing market has been classified as type I, type II, type III, and type IV. The type I segment is projected to dominate the market with a valuation of USD 564 million in 2018. Type I is a de-icing fluid that assists in removing snow or ice from the external surfaces of the aircraft. The fluid is combined in a 55:45 ratio with water and has low velocity. These fluids have short hold-over time (HOT) or estimated time of protection; therefore, they offer protection for a limited duration against further icing caused by freezing precipitation. The type IV segment is expected to exhibit a CAGR of 6.24% during the forecast period.
Based on application, the global aircraft de-icing market has been divided into commercial and military. The commercial segment is expected to lead the market with a value of USD 731.3 million in 2018. The rise in commercial air transport and implementation of stringent government regulations on aircraft safety have increased the demand for aircraft de-icing in last the few years. For instance, the FAA provides guidelines for de-icing narrow-body and wide-body aircraft. Furthermore, to cater to the rising air passenger traffic, aviation authorities are investing in advanced de-icing facilities. The military segment is expected to register a higher CAGR of 5.06% during the forecast period.
Browse Full Report Details @Â https://www.marketresearchfuture.com/reports/aircraft-de-icing-market-4188
Regional Analysis
The global aircraft de-icing market has been segmented, by region, into North America, Europe, Asia-Pacific, and Latin America, the Middle East, and Africa.
North America is leading the market with a valuation of USD 731.2 million in 2018. The growth of the regional market can be attributed to the presence of major manufacturers, such as Global Ground Support LLC, JBT Corporation, Textron Inc., The Dow Chemical Company, and United Technologies Corporation. The regional market is expected to reach USD 1,126.6 million by 2025 at a CAGR of 6.55% during the forecast period.
Europe is projected to be the second-largest market during the review period. The regional market is expected to reach USD 408.8 million by 2025 at a CAGR of 5.04% during the forecast period. Asia-Pacific is projected to be the third-largest market during the review period. The regional market is expected to reach USD 120.7 million by 2025 at a CAGR of 4.80% during the forecast period.
Competitive Analysis
The key players in the global aircraft de-icing market are BASF Corporation (Germany), Clariant AG (Switzerland), Contego Aviation Solutions (UK), General Atomics (US), Global Ground Support LLC (US), JBT Corporation (US), Kilfrost Group Ltd (UK), Textron Inc. (US), The Dow Chemical Company (US), United Technologies Corporation (US), Vestergaard Company A/S (Denmark), and Weihai Guangtai Airport Equipment Co. Ltd (China).
Key Developments
- In October 2018, UTC Aerospace Systems, a subsidiary of UTC, signed a contract with Textron Aviation Inc. (US) to supply deicing systems on the latter’s in-development Cessna SkyCourier. The deicing system uses inflatable rubber boots made from UTC's Estane surface materials.
- In March 2016, MEGlobal Americas, Inc., a wholly-owned subsidiary of EQUATE Petrochemical Company (a joint venture between The Dow Chemical Company, Petrochemical Industries Company, Boubyan Petrochemical Company, and Qurain Petrochemical Industries Company), constructed a mono ethylene glycol (MEG) manufacturing facility at The Dow Chemical Company’s Oyster Creek site in Freeport, Texas, US.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Base Year | 2019 |
| Companies Covered | 15 |
| Pages | 161 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
