세계의 항공우주 유지보수용 화학제품 시장 : 지역별(2024-2031년)

Aerospace Maintenance Chemical Market

Valuation - 2024-2031

The aerospace maintenance chemical market, growing air passenger volume, combined with increased flight frequencies, needs attentive aircraft maintenance. demanding safety standards and the need for optimal aircraft performance drive airlines and MRO providers to invest in high-quality maintenance chemicals. The growing commercial aviation fleet and increased emphasis on aircraft hygiene due to passenger concerns are driving the market growth. The market size surpass USD 7.03 Billion valued in 2024 to reach a valuation of aroundUSD 8.29 Billion by 2031.

The increasing complexity of aviation systems, as well as the demand for specialized chemicals to handle specific maintenance difficulties, are driving market expansion. As the aircraft sector evolves, the demand for innovative and environmentally friendly maintenance chemicals is likely to increase, offering profitable prospects for market participants. The rising demand for cost-effective and efficient aerospace maintenance chemical is enabling the market grow at aCAGR of 2.08% from 2024 to 2031.

Aerospace Maintenance Chemical Market: Definition/ Overview

Aerospace maintenance chemicals are a group of specialized substances used in the maintenance, repair, and preservation of aircraft and spacecraft. These chemicals include cleansers, lubricants, corrosion inhibitors, and coatings intended to improve the performance and longevity of aircraft components. They are designed to meet strict industry requirements while also addressing the special issues given by the severe circumstances that aerospace vehicles operate under.

Aerospace maintenance chemicals are required for duties such as cleaning chemicals from aircraft surfaces, refusing metal corrosion, and making sure of the proper operation of moving parts. Their use is crucial in both normal maintenance and treating faults caused by the severe surroundings encountered during flight.

These compounds will include innovations in formulations to improve their effectiveness and environmental sustainability. Innovations could include the development of less harmful chemicals, increased performance in harsh situations, and integration with modern diagnostic technology to enable more precise repair methods. As aerospace technology advances, the purpose of these compounds will shift toward supporting more efficient and long-lasting aerospace systems.

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How Does the Increasing Military Spending Drive the Growth of the Aerospace Maintenance Chemical Market?

The increasing demand for military aircraft and other aerospace equipment is projected to boost the growth of aerospace maintenance chemical market. As global military spending reached USD 1.98 Trillion in 2023, a 3.7% increase over the previous year, the demand for specialist maintenance chemicals grew. This increase in cost reflects higher investment in military equipment, demanding more regular and comprehensive servicing to assure operational readiness and extend aircraft lifespan. The need for aerospace maintenance chemicals, such as cleaners, lubricants, and corrosion inhibitors, rises in parallel with military spending, driving the industry ahead.

Stringent safety regulations fuel the growth of the aircraft maintenance chemical market by raising the demand for high-quality maintenance solutions that meet stringent compliance requirements. The Federal Aviation Administration (FAA)'s intensive inspections, which will number over 50,000 in 2023, underline the importance of aircraft maintenance in ensuring safety and performance. As these laws require tight maintenance protocols, the demand for innovative aerospace maintenance chemicals that meet safety standards and improve aircraft reliability rises, fueling market growth. This increased emphasis on safety and regulatory compliance generates a strong demand for specialty chemicals required to achieve these demanding requirements.

How Do the High Product Costs Hamper the Growth of the Aerospace Maintenance Chemical Market?

The aerospace maintenance chemical market impedes the growth of the high product costs, discouraging some corporations from investing in these essential items. Expensive maintenance chemicals can put a strain on budgets, especially for small businesses or groups with limited resources. However, the market's overall growth may continue to be supported by increased demand caused by severe safety standards and rising military spending, both of which prioritize the adoption of high-quality, effective maintenance solutions. The market may adjust through innovations that strike a balance between cost and performance, or through economies of scale that can lower prices and mitigate the impact of high product costs.

Strict environmental rules have the potential to impede the growth of the aircraft maintenance chemical market by prohibiting certain chemicals and methods that are deemed hazardous to the environment. Compliance with these rules may necessitate costly reformulations and adjustments to meet new standards, thus increasing operational costs for manufacturers. This problem also creates opportunities for innovation, as firms may develop more sustainable and environmentally friendly alternatives to meet regulatory standards.

Category-Wise Acumens

Which Factors Enhance the Use of Aerospace Maintenance Chemical in the Cleaners Category?

Cleaners constitute a dominant segment within the aerospace maintenance chemical market. In the aerospace maintenance chemical market cleaners' expansion will boost the internal and external maintenance requirements. Internal cleaners play a role in keeping aircraft interiors clean and functional, including components such as avionics and seating, whereas external cleaners are necessary for removing contaminants and ensuring the integrity of aircraft surfaces subjected to adverse environmental conditions. As the demand for comprehensive maintenance rises due to safety standards and operational efficiency, the demand for specialist cleaners capable of addressing both internal and external cleaning requirements will drive the expansion of this market segment.

The cleaner's segment of the aerospace maintenance chemical market will benefit significantly from the removal of dirt and grime to guarantee a sterile cabin atmosphere. Effective cleaning techniques that handle outside impurities while also maintaining a hygienic, sterile cabin environment are essential for passenger safety and comfort. As airlines and aerospace operators focus on cabin cleanliness to meet health and regulatory requirements, the demand for specialist cleaners capable of removing lots of dirt and grime while maintaining a sterile atmosphere will drive expansion in this market sector.

Will the High Aircraft Utilization Rates Drive the Commercial Aircraft Segment for the Aerospace Maintenance Chemical Market?

Commercial aircraft lead the aerospace maintenance chemical market. High aircraft usage rates will propel the commercial aircraft segment of the aerospace maintenance chemical market. Commercial aircraft require more frequent and intensive maintenance to guarantee safety and performance. The increased wear and tear caused by higher usage rates raises the requirement for maintenance chemicals including cleaners, lubricants, and corrosion inhibitors that may efficiently treat the associated concerns. This increased maintenance need propels market growth by necessitating a consistent supply of specialist chemicals to support the continuing repair of highly utilized commercial fleets.

The massive fleet of commercial airliners, along with frequent maintenance schedules due to high usage rates, results in a significant need for cleaning agents, deicers, corrosion inhibitors, and other chemicals. The emphasis on passenger safety and aircraft performance fuels the ongoing demand for such products.

The military aircraft segment is rising due to being triggered by increased defense spending, military fleet modernization, and the desire for innovative aviation technology. Military aircraft frequently operate in difficult conditions, necessitating the use of specific chemicals for corrosion prevention, cleaning, and other maintenance chores.

Country/Region-wise Acumens

Will the Large Commercial Airline Fleet Raise the North American Region for the Aerospace Maintenance Chemical Market?

North America is expected to dominate the aerospace maintenance chemical market. The enormous commercial airline fleet will drive the aerospace maintenance chemical market in North America. The projected expansion of the United States commercial aircraft fleet from 7,724 in 2021 to 8,910 by 2041, combined with the high frequency of flights-averaging over 26,000 per day in 2023-requires constant and rigorous maintenance. This continual requirement for maintenance creates an annual demand for specialist aircraft chemicals. Furthermore, the expected 2.3% annual growth in the North American aviation market, which could reach 1.4 billion passengers per year by 2040, increases the demand for maintenance chemicals to support the expanding fleet and ensure optimal performance and safety, driving the market in the region.

The established aircraft sector will propel the aerospace maintenance chemical market in North America. The large presence of major aircraft manufacturers and MRO facilities, as seen by the U.S. aerospace and defense industry's USD 874 Billion in sales revenue in 2023, including USD 237 Billion from commercial aerospace, produces a significant demand for maintenance chemicals. The industry's substantial infrastructure, which includes around 131,000 aircraft mechanics and service technicians and is expected to grow, contributes to this need.

Furthermore, the North American MRO market is predicted to rise from USD 19.3 Billion in 2023 to USD 26.5 Billion by 2033, highlighting the increasing demand for maintenance chemicals. Boeing's delivery of 480 commercial aircraft during 2023 and a backlog of over 4,500 aircraft emphasize the ongoing need for high-quality maintenance chemicals to maintain aircraft safety and longevity, making North America a vital market for these essential products.

Will the Government Support Boost in Asia-Pacific for the Aerospace Maintenance Chemical Market?

The Asia-Pacific region is experiencing rapid growth in the aerospace maintenance chemical market. Government support will grow the Asia-Pacific aircraft industry, which will have a substantial impact on the aerospace maintenance chemicals market. The Association of Asia Pacific Airlines (AAPA) forecasts a 5.4% annual increase in air passenger traffic, reaching 3.1 billion by 2040, owing to supporting policies and infrastructure expenditures. China's Civil Aviation Administration intends to develop 216 new airports by 2035, while India's Ministry of Civil Aviation hopes to boost operating airports from 153 in 2020 to 220 by 2025. The Japan Aircraft Development Corporation predicts that the region will account for 41% of global aircraft deliveries from 2023 to 2042, totaling 18,010 new aircraft.

Commercial aviation's strong growth will boost the Asia-Pacific aerospace maintenance chemicals market. The International Air Transport Association (IATA) predicts that the region will handle 3.9 billion passengers per year by 2037, accounting for more than half of all global air passengers. Boeing's prediction of 17,580 new airplanes by 2042, accounting for 40% of global deliveries, directly boosts demand for maintenance chemicals. China's civil aviation industry illustrates this boom, with 440 million passenger journeys in 2023 and a predicted 1.5 billion by 2036.

Airbus anticipates the need for 920 new airports and 180 new runways by 2040, necessitating increased maintenance facilities and services. According to the International Civil Aviation Organization (ICAO), the region's Revenue Passenger Kilometers (RPK) would expand at the fastest rate in the world until 2040, at 5.4% each year. This rapid increase in air travel and fleet size directly impacts the demand for maintenance chemicals to assure the safety and efficiency of these expanding fleets.

Competitive Landscape

The aerospace maintenance chemical market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the aerospace maintenance chemical market include:

• Exxon Mobil
• Royal Dutch Shell
• Dow
• Arrow Solutions
• Callington Haven
• Florida Chemical
• Nuvite Chemical
• Eastman
• ALMADION
• JACO INDUSTRIALS
• Velocity Chemicals
• Quaker

Latest Developments

• In June 2023, Aerochem International announced a new line of water-based lubricants for the aerospace sector. The lubricants are intended to be more environmentally friendly and safe to use than conventional petroleum-based lubricants.
• In July 2023, 3M launched a new line of adhesives and sealants for aeronautical applications. The adhesives and sealants are intended to be more robust and resistant to hostile environments than conventional materials.
• In August 2023, Henkel acquired Ciba Specialty Chemicals' Aerospace Maintenance Chemical business. The acquisition is intended to help Henkel strengthen its position in the aerospace maintenance chemicals market.

TABLE OF CONTENTS

1. INTRODUCTION OF GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4. GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5. GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET, BY PRODUCT

• 5.1 Overview
• 5.2 Aircraft Cleaning Chemicals
• 5.3 Aircraft Leather Cleaners
• 5.4 Aviation Paint Removers
• 5.5 Aviation Paint Strippers
• 5.6 Speciality Solvents
• 5.7 Degreasers
• 5.8 Aircraft Wash & Polish

6. GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET, BY APPLICATION

• 6.1 Overview
• 6.2 Commercial Aircraft
• 6.3 Single Engine Piston
• 6.4 Business Aircraft
• 6.5 Military Aircraft
• 6.6 Helicopters
• 6.7 Space

7. GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East & Africa

8. GLOBAL AEROSPACE MAINTENANCE CHEMICAL MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies

9. COMPANY PROFILES

• 9.1 Exxon Mobil
  • 9.1.1 Overview
  • 9.1.2 Financial Performance
  • 9.1.3 Product Outlook
  • 9.1.4 Key Developments
• 9.2 Royal Dutch Shel
  • 9.2.1 Overview
  • 9.2.2 Financial Performance
  • 9.2.3 Product Outlook
  • 9.2.4 Key Developments
• 9.3 Dow
  • 9.3.1 Overview
  • 9.3.2 Financial Performance
  • 9.3.3 Product Outlook
  • 9.3.4 Key Developments
• 9.4 Arrow Solutions
  • 9.4.1 Overview
  • 9.4.2 Financial Performance
  • 9.4.3 Product Outlook
  • 9.4.4 Key Developments
• 9.5 Callington Haven
  • 9.5.1 Overview
  • 9.5.2 Financial Performance
  • 9.5.3 Product Outlook
  • 9.5.4 Key Developments
• 9.6 Florida Chemical
  • 9.6.1 Overview
  • 9.6.2 Financial Performance
  • 9.6.3 Product Outlook
  • 9.6.4 Key Developments
• 9.7 Nuvite Chemical
  • 9.7.1 Overview
  • 9.7.2 Financial Performance
  • 9.7.3 Product Outlook
  • 9.7.4 Key Developments
• 9.8 Eastman
  • 9.8.1 Overview
  • 9.8.2 Financial Performance
  • 9.8.3 Product Outlook
  • 9.8.4 Key Developments
• 9.9 ALMADION
  • 9.9.1 Overview
  • 9.9.2 Financial Performance
  • 9.9.3 Product Outlook
  • 9.9.4 Key Developments
• 9.10 JACO INDUSTRIALS
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments

10 KEY DEVELOPMENTS

• 10.1 Product Launches/Developments
• 10.2 Mergers and Acquisitions
• 10.3 Business Expansions
• 10.4 Partnerships and Collaborations

11 Appendix

• 11.1 Related Research