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The Global Aircraft Cleaning Chemical Market size is forecast to reach US$517.9 million by 2027, after growing at a CAGR of 4.4% during the forecast period 2022-2027. The aircraft cleaning chemicals are primarily used in periodic cleaning of aircraft in order to protect the aircraft from damages and to extend its shelf life. Some of the commonly used aircraft cleaning chemicals include methyl ethyl ketone, aliphatic naphtha, methyl chloroform, acetone, trichloroethane, and more. In 2020, Martin, American Aerospace, Defense Corporation, observed the highest revenue improvement of US$ 5.6 billion, an increase of 9% during the fourth quarter of 2020, owing to the increasing production of F-35 combat aircraft. An increase in aircraft production and MRO (Maintenance, Repair, and Overhaul) activities along with an increase in demand for VOC (Volatile Organic Compounds)-free chemicals acts as major drivers for the market. On the other hand, fluctuating prices of raw materials including solvents, pigments, and additives may confine the market growth.
COVID-19 Impact
There is no doubt that the COVID-19 lockdown had significantly reduced aviation, and production activities as a result of the country-wise shutdown of aviation sites, shortage of labor, and the decline of supply and demand chain all over the world, thus, affecting the market. Studies show that the outbreak of COVID-19 sharply declined flight operations due to travel restrictions imposed by multiple governments across the world. This forced airlines to find ways to cut down costs which resulted in the cancellation or postponement of aircraft production orders. According to Airbus, the production rate of airbus decreased by 34% in 2020. Likewise, the production of Boeing declined from 380 in 2019 to only 157 in 2020. The decline in production of these aircraft along with flight operations also declined the use of aircraft cleaning chemicals such as methyl ethyl ketone, aliphatic naphtha, methyl chloroform, and acetone required for maintenance, repair, and overhaul (MRO) activities, thus, affecting the market in 2020. However, a slow and steady recovery of the market is expected in the upcoming
Global Aircraft Cleaning Chemical Market Segment Analysis – By Formulation
The water-based formulation held the largest share in the Global Aircraft Cleaning Chemical Market in 2020 and is expected to grow at a CAGR of 4.5% between 2022 and 2027, owing to a range of advantages they offer over other types of aircraft cleaning chemical formulation. Water-based chemicals offer a wide range of properties and benefits such as excellent adhesion properties, better resistance to heat, along with better anti-corrosion properties in comparison to solvent-based and other types of formulation. Moreover, water-based chemicals are environmentally friendly due to low VOC and HAP levels which makes them less toxic and flammable in comparison to solvent-based, and other types of formulation. Hence, all of these properties are driving its demand over other types of aircraft cleaning chemical formulation, which in turn, is expected to boost the market growth in the upcoming years.
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Global Aircraft Cleaning Chemical Market Segment Analysis – By Application
The commercial aircraft application held the largest share in the Global Aircraft Cleaning Chemical Market in 2020 and is expected to grow at a CAGR of 4.7% between 2022 and 2027, owing to the increasing production of commercial aircraft in order to meet the increasing demand for flight operations across the globe. For instance, Airbus delivered around 460 commercial aircraft while Boeing delivered 230 commercial aircraft in 2021. In June 2021, United Airlines announced the acquisition of 270 new commercial planes consisting of 70 Airbus jets and 200 Boeing aircraft. In January 2021, FedEx Express invested around US$ 6.6 billion for 24 medium and large Freighters from Boeing. Furthermore, Boeing announced the completion of the first test flight of its twin-engine aircraft, Boeing 777X in 2020 that has a total seat capacity of about 360 passengers.
Hence, an increase in the production of new commercial aircraft is expected to increase the demand for aircraft cleaning chemicals such as methyl ethyl ketone, aliphatic naphtha, methyl chloroform, and acetone required for maintenance, repair, and overhaul (MRO) activities in order to protect such aircraft from damage and extend its shelf life. This, in turn, will lead to the growth of the market in the upcoming years.
Global Aircraft Cleaning Chemical Market Segment Analysis By Geography
North America held the largest share in the Global Aircraft Cleaning Chemical Market in 2021 up to 34%. The consumption of aircraft cleaning chemicals is particularly high in this region due to its increasing demand from the commercial and defense aviation sectors of the region. For instance, according to the Federal Aviation Administration (FAA), the total commercial aircraft fleet is estimated to reach up to 8,270 by the end of 2037, owing to the growth of air cargo activities. It further states that the US mainliner carrier fleet is estimated to increase at a rate of 54 aircraft per year. According to CNBC (Consumer News and Business Channel), the Defense Department of the U.S requested US$ 715 billion for national defense expenditure for the year 2022 which also includes production of new aircraft along with repair and maintenance of the existing aircraft, an increase from US$ 704 billion allotted in the year 2020.
In this way, an increase in the production of new aircraft along with investments for timely maintenance and repair of the existing aircraft is expected to increase the demand for aircraft cleaning chemicals in the region. This is most likely to drive the growth of the market during the forecast period.
Global Aircraft Cleaning Chemical Market Drivers
An increase in aircraft production and MRO activities is most likely to increase demand for the product
According to recent insights from the International Air Transport Association, the passenger flights resulted in around 50% of the total revenue in 2021. Boeing has over 400 737 MAX aircraft in its inventory that is yet to be delivered and it has stated plans to increase its production of the model to 31 per month by the end of 2022. Similarly, Airbus increased its production of A320s to 45 per month in 2021. In 2020, Martin, American aerospace, defense corporation, observed the highest revenue improvement of US$ 5.6 billion, an increase of 9% during the fourth quarter of 2020, owing to the increasing production of F-35 combat aircraft. According to recent insights published on the Stockholm International Peace Research Institute (SIPRI) fact sheet, the world aerospace & defense expenditure reached up to US$ 1981 billion in 2020, the highest recorded level since 1988. The leading country was the U.S with an expenditure of US$ 778 billion during the fourth quarter of 2020. This is followed by China with US$ 252 billion, India by US$ 72.9 billion, Russia by US$ 61.7 billion, and the UK by US$ 59.2 billion expenditure during the fourth quarter of 2020. It also included investments in maintenance, repair, and overhaul (MRO) activities of the existing defense and combat aircraft.
Hence, an increase in global aircraft production and MRO activities is expected to increase the demand for aircraft cleaning chemicals such as methyl ethyl ketone, aliphatic naphtha, methyl chloroform, and acetone for cleaning and maintenance of exteriors and interiors of a commercial, or defense aircraft. This is most likely to drive the growth of the market in the upcoming years.
An increase in demand for VOC (Volatile Organic Compounds)-free chemicals are most likely to increase demand for the product
The Environmental Protection Agency (EPA) regulates the use of chemicals in aerospace manufacturing and rework operations. EPA Regulation 63 FR 48848 under the authority of Section 183(e) of the Clean Air Act, has listed the laws for the permissible limits of chemicals application. Since most aircraft cleaning chemicals contain VOCs or HAPs (Hazardous Air Pollutants), this regulation was primarily enforced with those elements in mind. It further states that such chemicals should be used effectively as per the EPA’s Summary of Regulations Controlling Air Emissions. The misuse of these regulations can lead to a serious charge or penalty. Hence, all the manufacturers from the aviation industry are bound to follow these regulations and tend to opt for low-VOC cleaning chemicals that are more environmental-friendly in order to avoid such penalties. This, in turn, has increased the demand for low-VOC chemicals such as water-based and bio-based aircraft cleaning chemicals. Thus, various players are also investing in R&D to introduce new low-VOC products for the market. All of these factors are most likely to influence the growth of the water-based and bio-based aircraft cleaning chemicals market in the upcoming years.
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Global Aircraft Cleaning Chemical Market Challenges
Fluctuating prices of raw materials including solvent, pigments, and additives may confine the market growth
Shortage and lack of availability of key raw materials along with a significant increase in prices are causing disruption to the chemical industries in the UK, Europe, and other regions across the world. For instance, BCF’s monthly raw material prices survey shows the largest increase in prices of solvent in January 2021 in comparison to last year. The results depicted an increase in prices of acetone by 123%, n-butyl acetate by 91%, IPA by 41%, and n-butanol by 54%. Other raw materials prices are also expected to increase by 2022. Hence, fluctuating prices of such raw materials may confine the market growth.
Global Aircraft Cleaning Chemical Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Global Aircraft Cleaning Chemical Market. Global Aircraft Cleaning Chemical top 10 companies include:
Recent Developments
In March 2021, SOCOMORE launched its surface treatment range, an alkaline degreaser that can be used in OEMs, such as AIRBUS and SAFRAN. The product offers functionalities such as the removal of inks, oils, grease, and more from the surface of an aircraft.
In October 2020, Premalux launched its new exterior aircraft cleaner. It is a non-hazardous cleaner that is VOC compliant. It is biodegradable, non-toxic, non-corrosive, and non-flammable in nature.
In June 2019, Callington Haven launched the new clean air freshener and deodorant disc range for use in aircraft globally. The deodorant discs offer consistent fragrance over time and come in three fragrances namely lemon citrus, dreamline, and wild ylang.
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Key Takeaways
Commercial Aircraft’s application in Global Aircraft Cleaning Chemical Market is expected to see the fastest growth, especially during the forecast period, owing to the increasing demand for aircraft cleaning chemicals for maintenance, repair, and overhaul (MRO) activities of commercial aircraft across the world. For instance, Boeing and Airbus delivered 99 and 187 commercial aircraft during the fourth quarter of 2021, which is expected to increase the demand for aircraft cleaning chemicals for MRO activities during the forecast period.
Water-based formulation in Global Aircraft Cleaning Chemical Market is expected to see the fastest growth, especially during the forecast period. Its wide range of properties and benefits such as higher corrosion resistance, heat resistance, low VOC content, and more is expected to increase its demand over other types of aircraft cleaning chemical formulation.
North America dominated the Global Aircraft Cleaning Chemical Market in 2021, owing to the increasing investments for commercial and military aviation which is increasing the demand for aircraft cleaning chemicals in the region.
Relevant Reports
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https://www.industryarc.com/Research/Metal-Cleaning-Chemicals-Market-Research-500138
B. Industrial Cleaning Market
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