NEW YORK, May 10, 2016 /PRNewswire/ --
The aircraft icing resulting from liquid water in clouds has been a concern of the aviation industry for decades. The countries which are facing temperatures as low as freezing point or even close to it, commonly suffers with aircraft icing issues. De-icing fluid is a chemical composition which removes the ice from the outer surface of especially aircrafts before they take-off. The fluid is majorly composed of either Propylene glycol or Ethylene glycol, together with certain other chemicals like pH buffer, surfactants, and thickening agents among others. Other ingredients vary depending on the manufacturer, but the exact composition of a particular brand of fluid is generally held as confidential proprietary information. These fluids are mainly categorized into different types, i.e. Type I, Type II, Type III and Type IV, based upon their chemical composition and properties. Fluids are made in accordance with different flying needs of the aircraft and simplify its operations during winter seasons. The demand for the fluid is rising across the global, due to the huge losses involved with flights malfunctioning and fatal incidents.
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De-icing Fluids Market: Drivers and Restraints
The major drivers for the de-icing fluids are the increasing accidents and problems arising due to snow deposition on aircrafts in low temperatures. The hindrance in flight operations and extreme difficulty in take offs is one of the major reasons driving the demand of the de-icing fluids especially in APAC regions and North America. Pavements modernization and expansion of airports in the North American and European regions, along with the need for safe takeoff and landing operations is further driving the demand. The fluids, although being very essential, meets certain challenges. The liquid generated from de-icing has much higher BOD than normal wastewater, which is very harmful for the aquatic life. Also, several de-icing fluid cause rusting and degradation of applied surfaces which has been a major restraint for market growth.
De-icing Fluids Market: Segmentation
The de-icing fluid market is segmented on the basis of type, applications, and region.
Based on type, the global deicing fluids market is segmented into the following:
Based on application, the global de-icing fluids market is segmented into the following:
Based on composition, the global de-icing fluids market is segmented into the following:
De-icing Fluids Market: Overview
The Global De-icing Fluid Market to grow at the CAGR of about 4% during 2015-2021. The increasing number of aircrafts and more geographies covered though air transportation is increasing the demand of the fluid across geographies. The amount of the de-icing fluids depends on the size of the aircraft and location where the aircraft has to takeoff. The pricing of the fluid varies from company to company but primarily depends on the type of fluids procured for the purpose of de-icing. As the composition of the fluid varies and are classified as Type I, Type II, Type III and Type IV, the market for all four are different and finds different applications, with Type I being majorly used. The major demand of the liquid is coming from aviation industry and majorly from North America. With advancement in technology, strategic alliances and more investments by private companies, the market for the fluids is set to drive in the coming years. On account of increasing expenditure on the research and development, global de-icing fluid industry is expected to continue introducing new products and technologies over the next five years.
De-icing Fluids Market: Region-wise Outlook
At present, North America is the leading region in de-icing fluid market, followed by the Europe and APAC. Asia Pacific is one of the fastest growing regions for the de-icing fluid market, with China as the major shareholder. Increasing demand for de-icing fluids in the aviation industry majorly, is strongly driving the demand of the product. It has become a necessity now as huge costs are involved in the operation, maintenance and handling of the aircrafts and the ice deposition can severely affect the operations of the aircrafts, creating losses to properties and lives.
De-icing Fluids Market: Key Players
Key players in the Global De-icing Fluid Market include Clariant AG, The Dow Chemical Company, BASF Corporation, DuPont, among others.
The report covers exhaustive analysis on:
Regional analysis includes
"Global De-icing Fluid Market Forecast & Opportunities, 2021" has analyzed the potential of the global de-icing fluid market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.
Report Highlights:
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