Market Research Report
Aerospace Maintenance Chemicals - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||860137|
|Published||Content info||158 Pages
Delivery time: 2-3 business days
|Aerospace Maintenance Chemicals - Global Market Outlook (2017-2026)|
|Published: May 1, 2019||Content info: 158 Pages||
According to Stratistics MRC, the Global Aerospace Maintenance Chemicals Market is accounted for $6.93 billion in 2017 and is expected to reach $8.52 billion by 2026 growing at a CAGR of 2.3% during the forecast period. Increasing air passenger traffic and rising stringency of safety and environmental regulations are some of the factors fueling the market growth. However, high maintenance cost and lack of players and shortage of skilled expertise are hindering the market growth.
Aerospace maintenance chemicals are used to maintain the operational efficiency of aircraft. Surrounding temperature and climatic conditions associated with aerospace industry have generated the need for maintenance activities which in turn created the demand for aerospace maintenance chemicals.
On the basis of product, Aircraft Cleaning Chemicals has significant market growth owing to increase in air passengers and steady aircraft iterations degrade interiors and need cleaning ensuring cabin hygiene. By geography, North America holds the largest market share during the forecast period due to growing investments in military and defence sector and increasing air fleet will push maintenance operations are some of the factors driving the market growth in this region.
Some of the key players profiled in the Aerospace Maintenance Chemicals Market include 3M, The Dow Chemical Company (Dow), Eastman Chemical Company, Florida Chemical, Nexeo Solutions, LLC , McGean-Rohco, Inc., Pexa, Shell, Sil-Mid Limited , Socomore, Aviation Chemical Solutions, Exxon Mobil Corporation and Callington Haven Pty Ltd.
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances