Press Release

De-icing fluid Market to Grow with a CAGR of 4.63% through 2028

Surge in research and development activities is expected to drive the Global De-Icing Fluid Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “De-icing fluid Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global De-Icing Fluid Market stood at USD 4.95 billion in 2022 and is anticipated to grow with a CAGR of 4.63% in the forecast period, 2023-2028. The initiatives taken by government based on de-icing fluid has led to favorable market conditions for the Global De-Icing Fluid Market. Several factors contribute to the growth of various de-icing fluid products.

 

The Federal Aviation Administration (FAA) has established a comprehensive ground deicing and anti-icing program to ensure the safety of aircraft operations. This program includes meticulous procedures designed to protect against frost or ice formation on clean aircraft surfaces. In addition, the FAA has implemented interim final rules that mandate de-icing operations underground icing conditions. These regulations have had a direct impact on the aviation industry, as airlines must comply with them to ensure safe and efficient operations.

 

Recognizing the environmental impact of de-icing fluids, the Environmental Protection Agency (EPA) has taken proactive steps to address this issue. In specific cold climate zones, new airports with 10,000 annual departures are now required to collect at least 60 percent of the aircraft deicing fluid used. This initiative aims to mitigate the potential environmental consequences associated with de-icing operations. As a result, the aviation industry has witnessed a surge in innovation, leading to the development of cutting-edge solutions for the collection and recycling of de-icing fluids. This forward-thinking approach not only supports environmental sustainability but also drives growth in this segment of the market.

 

 

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One of the significant outcomes of increased research and development (R&D) efforts in the aviation industry is the growing focus on building centralized de-icing facilities (CDFs). These state-of-the-art facilities are specifically designed to streamline de-icing operations, resulting in a substantial reduction in both time and resources required for these critical processes. By efficiently managing and optimizing de-icing procedures, CDFs play a pivotal role in meeting the ever-increasing demand for de-icing fluids.

 

Another area of intense research and development focus is the development of advanced anti-icing systems. These cutting-edge systems are meticulously engineered to prevent the accumulation of ice on aircraft surfaces, ensuring enhanced safety and performance. To effectively combat ice formation, these advanced systems require the application of specialized de-icing fluids that are specifically formulated to withstand extreme temperatures and provide long-lasting protection. The projected growth of the global wing anti-icing system market, expected to reach a staggering USD 2.4 billion by 2030, further emphasizes the vital importance of de-icing fluids in the aviation industry. As aircraft manufacturers strive to enhance their anti-icing capabilities, the demand for high-quality de-icing fluids is poised to rise significantly, driving innovation and advancements in this field.

 

The Global De-Icing Fluid Market is segmented into type, application, composition, regional distribution, and company.

Based on its composition, the propylene glycol segment held the largest share in the market. Propylene Glycol serves as a versatile base fluid, finding applications in various industries. In the aerospace sector, it acts as a crucial component in aircraft deicing compositions, ensuring safe takeoffs and landings even in extreme weather conditions. Its use extends to the food industry as a coolant, where it helps maintain optimal temperatures during food production processes.

 

One of the key advantages of Propylene Glycol over ethylene glycol is its lower toxicity, making it a safer choice for many applications. Its effectiveness in deicing frozen products, caused by cold climatic conditions, has made it a widely adopted solution.

 

The propylene glycol segment is driven by a combination of factors. The use of low foaming surfactants and dye packages, along with excellent surface wetting and spray characteristics, contribute to its effectiveness. Moreover, its biodegradability and absence of triazoles further enhance its appeal. Another advantage is its compatibility with various application equipment, making it a versatile choice for different industries.

 

Overall, Propylene Glycol plays a vital role in improving the performance of aircraft engines. It is utilized in aerospace and commercial applications for deicing runways, equipment, pilot tubes, static pressure ports, and more. Its multifaceted nature and wide range of applications make it an indispensable component in various industries.

 

Based on region, North America segment is expected to grow during the forecast period. 

The increasing population and per capita income in the region have been major factors contributing to the growth of the aerospace industry. As stated in Boeing's 2020 Commercial Market Outlook (CMO), North America is experiencing a steady economic growth rate of 1.9%, accompanied by a 2.7% increase in airline traffic and a 1.7% growth in the airline fleet. This flourishing aerospace industry is expected to drive the demand for aircraft maintenance, consequently fueling the Deicing Fluid market in the North American region.

 

Furthermore, the ecological imbalances resulting in increased winter precipitation and extremely cold climatic conditions have created a growing need for effective deicing products for the removal of snow and ice. This demand for deicing solutions is poised to further bolster the market for Deicing Fluids in North America.

 

Major companies operating in Global De-Icing Fluid Market are:

  • Clariant International Ltd.
  • The Dow Chemical Company
  • Kilfrost Ltd.
  • Proviron Holding NV
  • Cryotech Deicing Technology
  • Lnt Services, Inc.
  • LyondellBasell Industries NV
  • Inland Technologies Inc.
  • D.W. Davies & Co.
  • Aero Sense Technologies Limited

 

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“Growing application of de-icing fluid in various end user industries are key drivers of the de-icing fluid market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of de-icing fluid with every passing year are anticipated to register an impressive growth to Global De-Icing Fluid Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

 

De-icing fluid Market By Type (Type I, Type II, Type III, Type IV), By Application (Commercial and Non-Commercial), By Composition (Ethylene Glycol and Propylene Glycol), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global De-Icing Fluid Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global De-Icing Fluid Market.

 

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