LONDON--(BUSINESS WIRE)--The Global aircraft de-icing market is poised to grow by USD 1.13 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. Request free sample pages
Read the 120-page report with TOC on "Aircraft De-Icing Market Analysis Report by Product (De-icing systems, De-icer truck, and De-icing chemicals and fluids), Geography (North America, APAC, Europe, South America, and MEA), and the Segment Forecasts, 2020-2024".
The market is driven by the rising procurement of new aircraft. In addition, the advances in de-icing equipment are anticipated to boost the growth of the aircraft de-icing market.
The growing demand for new aircrafts is compelling aircraft OEMs to invest in capacity expansions. For instance, in December 2018, Boeing opened its first B737 manufacturing plant in China. Similarly, Airbus has been actively investing and forming strategic alliances with Chinese aerospace companies to cater to the growing demand for aircraft. Commercial aircrafts cruise at a standard altitude of 35,000 feet. Temperatures at such altitudes drop below -45o to -50o, which results in the formation of ice on the wings. Hence, de-icing and anti-icing fluids are sprayed on the aircraft to prevent the formation of ice as well as plane drag. Therefore, the increasing demand for commercial aircrafts is one of the key factors driving the growth of the global aircraft de-icing market.
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Major Five Aircraft De-Icing Market Companies:
BASF SE operates its business through segments such as Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Other. The company offers Formic acid which can be used to melt ice on airport runways, roads, bridges, and walkways with minimal environmental impact.
Clariant International Ltd.
Clariant International Ltd. operates its business through segments such as Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. The company offers a wide range of de-icing fluids for aircraft applications. Some of its major offerings include Type I Fluids, which are water/glycol mixtures; Type II and Type IV Fluids, which contain at least 50% of glycol and a corrosion inhibition package.
Dow Inc. operates its business through segments such as Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. The company offers ethylene glycol-based and propylene glycol-based fluids for aircraft de-icing applications.
General Atomics operates its business through segments such as Energy Systems, Defense, Unmanned Aircraft Systems, and Commercial Products. The company offers a wide range of de-icing products for aircraft applications. Some of its key offerings include Polar Plus LT and Polar Guard Advance.
John Bean Technologies Corp.
John Bean Technologies Corp. operates its business through segments such as JBT FoodTech and JBT AeroTech. The company's de-icing vehicles utilize a green technology called AirFirst. It helps in reducing the amount of de-icing fluid used to break the adhesion of any frozen contamination from aircraft surfaces.
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Aircraft De-Icing Market Product Outlook (Revenue, USD Billion, 2020-2024)
- De-icing systems
- De-icer truck
- De-icing chemicals and fluids
Aircraft De-Icing Market Regional Outlook (Revenue, USD Billion, 2020-2024)
- North America
- South America
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