Aircraft Cleaning Chemicals Market is expected to reach $3,339.6 million by the end of 2029

Future Market Insights Global and Consulting Pvt. ltd.

Demand for Aircraft Cleaning Products to Soar, Air Passenger Traffic Growth Soars and Supports Growth

DUBAI, United Arab Emirates, Feb. 17 2022 (GLOBE NEWSWIRE) — Growing at a CAGR of 4.3%, global sales of aircraft cleaning chemicals are expected to grow from a valuation of US$2,373.7 million in 2021 to US$3,339, US$6 million by the end of 2029.

Supported by a notable increase in the number of airlines, coupled with a growing number of aircraft refurbishment and leasing activities, global sales of aircraft cleaning chemicals will experience a CAGR of 4.3% during the forecast period 2022-2029. cleaning chemicals are poised to be a major trend shaping the future of the world aircraft cleaning chemicals marketsuggests a new Future Market Insights (IMF) study.

Aircraft Cleaning Chemicals Market Size (2021A)

US$2,373.7 million

Sales of aircraft cleaning chemicals (2022E)

US$2,477.3 million

Projected Aircraft Cleaning Chemicals Market (2029F)

US$3,339.6 million

CAGR Value (2022-2029)

4.3%

Share of collective value: top 3 countries (2022E)

40.8%

Bio-based and water-based cleaning chemicals are gaining traction in the market as they are used to remove hazardous and toxic substances such as trichlorethylene (TCE), perchlorethylene and other corrosive chemicals from aircraft. Biobased cleaning chemicals are widely used by civil and military aircraft, due to their non-explosive and low-flammable formulation, which completely eliminates the risk of fire.

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Key Takeaways – Aircraft Cleaning Chemicals Study

  • The number of air passengers is constantly increasing, with the establishment of more than 700 routes for better connectivity. According to the International Air Transport Association, global passenger traffic grew by 7.6% in 2017, more than the average annual growth of the past ten years, which was 5.5%. This increase creates immense opportunities for players operating in the aircraft cleaning chemicals market.

  • There is a growing demand to replace hazardous VOC-emitting degreasers and cleaning products with green alternatives and safer products. Prominent manufacturers focus on developing cleaning chemicals that are biodegradable, non-toxic, long-lasting, economical and non-hazardous. Players in the aircraft cleaning chemicals market are also emphasizing on providing chemicals that are free from hazardous ingredients and without special storage or disposal requirements.

  • Growing health awareness, risk of infection, concerns about pathogens getting on contaminated surfaces, etc., make today’s traveler extremely demanding when it comes to hygiene. Therefore, to provide a hygienic environment for travelers, the demand for cleaning chemicals, especially disinfectants, is expected to increase over the forecast period.

  • Dry cleaning is an innovative, economical and safe cleaning concept that minimizes the use of water. The dry wash method can clean and shine in one process. Dry washing is gaining popularity and popularity among end users as it reduces cleaning costs as well as time. However, dry washing can take a lot of elbow grease and requires a lot more effort than wet washing.

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Report scope

Attribute

Details

Forecast period

2022-2029

Historical data available for

2014-2021

Market analysis

Million USD for value and tons for volume

Key regions covered

North America, Latin America, Western Europe, Eastern Europe, SEAP, MEA, China and Japan

Main countries covered

United States, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, Poland, China, Japan, India, ANZ, South Korea, ASEAN, Brazil, Mexico, GCC Countries, Egypt, South Africa

Key Segments Covered

Product type, formulation, end use and region

Profiled Key Companies

• PPG Industries Inc.
• Illinois Tool Works Inc.
• Callington Haven Pty Ltd.
• McGean-Rohco Inc.
• Arrow solutions
• Nuvite chemical compounds
• Rx Marine International
• Roovel Solutions Pvt. ltd.
• Ecosterile Environmental Technologies Pvt. ltd
• Anu Enterprises
• RPM Technology, LLC
• Alglas United Kingdom
• DASIC International Ltd and DASIC International Aerospace Ltd

Report cover

Market forecasts, company share analysis, competitive intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

Who wins?

The global aircraft cleaning chemicals market is highly fragmented owing to the presence of a good number of players in the regional and international markets. Key manufacturers such as PPG Industries Inc., Illinois Tool Works Inc., Arrow Solutions, and Callington Haven Pty Ltd account for a major share of the global aircraft cleaning chemicals market.

North America, followed by Western Europe, is estimated to dominate the global aircraft cleaning chemicals market. However, developing regions such as China, India, ASEAN, and the Middle East are expected to create lucrative opportunities for market players.

The predicted increase in the number of aircraft over the next two decades is expected to provide substantial opportunities for players operating in the aircraft cleaning chemical services market, namely, manufacturers of cleaning chemicals and cleaning equipment. Leading manufacturers need to focus on developing cost-effective and efficient products to achieve high brand value.

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Aircraft Cleaning Chemicals Market by Category
By product type:

  • Outside

    • Dry and wet wipes

    • Dry cleaning Cleaning

    • Wet cleaning

    • Degreasers

    • Exhaust and soot extractors

    • polishes

  • Interior

    • Equipment cleaning

    • In-flight wipes

    • Glass cleaners

    • air fresheners

    • leather cleaner

    • carpet cleaner

    • toilet cleaner

    • Disinfectant

    • Insecticides

By Formulation:

  • water-based

  • Solvent based

  • wax based

By end use:

By region:

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • SEAP

  • AEM

  • China

  • Japan

Learn more about the Aircraft Cleaning Chemicals market report

The research report analyzes the total sales of Aircraft Cleaning Chemicals on the basis of Volume (Tons) and Value (Million US$). The report includes a competitive analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about the global and regional market players.

Opportunities in the market are projected on the basis of factors such as growth in aviation industry, outlook for travel and tourism industry, growth in air traffic, investments in upcoming airport projects and the expansion of production by global manufacturers.

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