July 5, 2024
aircraft de-icing market

Aircraft De-icing is Estimated to Witness High Growth Owing to Advancements in De-Icing Fluids and Equipment Technologies

The aircraft de-icing market involves products and equipment used for preventing ice accumulation and adhesion on aircraft surfaces during the winter. Key products used for de-icing include type I, II, III, and IV de-icing fluids that are increasingly being based on non-polluting and eco-friendly ingredients. De-icing trucks efficiently spray these fluids to remove ice, frost, and snow from the aircraft surfaces such as wings, engines, windshields, and empennage. The global aircraft de-icing market is estimated to be valued at US$ 1.24 Bn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Aircraft De-icing Market growth are DowDuPont Contego, Aviation Solutions, JBT Corporation, Kilfrost, Textron Ground Support Equipment Inc., Lyondell Basell, BASF SE, CRYOTECH, and Vestergaard Company.
Key opportunities in the market include growing aircraft fleet size worldwide and development of more sustainable de-icing fluids. With advancement in de-icing fluid production technologies, newer bio-based and non-toxic de-icing fluids are being introduced. New technologies are also being adopted for de-icing trucks and other equipment for efficient de-icing of aircraft.

Market Drivers

One of the key drivers of growth in the aircraft de-icing market is the stringent regulations regarding the turnaround time between landing and take-off of aircraft during winters. Efficient de-icing is crucial to adhere to the mandated minimum turnaround time. Additionally, increasing air traffic and passenger count globally are driving the need for more aircraft and frequent de-icing, thus supporting market growth over the forecast period.

Current Challenges in Aircraft De-icing Market

There are some major challenges being faced by the aircraft de-icing market. Stringent regulations regarding the use of de-icing fluids is a key challenge as these fluids contain toxic chemicals which pose risks to the environment. Disposal and treatment of used de-icing fluids is an issue due to their chemical composition. Airlines and airports also face delays in winter operations due to prolonged de-icing procedures. This increases operational costs. Developing environment friendly and more efficient de-icing technologies without compromising flight safety is the need of the hour.

SWOT Analysis

Strength: Established production capabilities of major players and wide availability of de-icing equipment and chemicals.
Weakness: Potential environmental damage from toxic de-icing fluids. Lengthy de-icing procedures cause flight delays.
Opportunity: Growing airline industry worldwide is expanding the market. Developing green and sustainable de-icing solutions presents an opportunity.
Threats: Strict environmental regulations can restrict use of certain chemicals. Alternative de-icing methods may eat into market share of traditional fluids.

Geographical Regions

North America currently dominates the global aircraft de-icing market in terms of value. This is attributed to severe winter weather conditions and large number of flights in the US and Canada which increases de-icing needs. Europe is another major market driven by strong aviation industry in countries like Germany, UK and Russia.

Fastest Growing Region

Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising air passenger traffic, increasing number of airports and growth of low-cost carriers in countries such as China, India and Southeast Asia. Construction of new airports will bolster de-icing product demand. Weather fluctuations also necessitate efficient de-icing to ensure on-time departures.

*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it