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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De-Icing Fluid Market.”
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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