The aviation industry is availing the perks of globalization in terms of substantially surged air traffic. The commercial aviation sector is witnessing a prosperous era of profitability wherein the market dynamics like air passenger count and per day trips are in favor of the aviation industry’s growth. The tourism industry also has a sizable impact on the growth of the aviation industry. In fact, both industries can embrace parallel growth with close synergy. The aviation industry gets further impetus for expansion from private operators who are intensifying the market competition with investments and innovations.
The rapidly growing proclivity towards air traffic owing to the increased disposable income is compelling aircraft carriers to expand their aircraft fleet to satiate the growing demand for air travel. The growth in the aviation sector has a voluminous impact on all the related aspects, be it production or infrastructure. Owing to the wide range of applications including cleaning, renovating and maintenance, chemicals form an integral part of all of the activities related to aircraft. Any upsurge in the entire chain of operations positively influences the aviation chemicals market.
Cleaning and Maintenance Activities Surge Demand for Aviation Chemicals
The fact that the aviation sector is highly reliant on consumer traffic places consumer experience in a significant position. Aviation chemicals are eyed as a medium to offer a cleaner and hygienic experience to consumers which is significantly inflating the demand for aviation chemicals. Market players in the aviation industry are using sanitized and clean aircraft interiors as a tool to enhance consumer experience which in turn expands the customer database. Augmented application of aviation chemicals as cleaning agents is bolstering the growth of the aviation chemicals landscape.
Aviation chemicals also play a prominent role in enhancing the service life of aircraft along with preventing it from deteriorating determinants such as rust and corrosion. Attributing to the extreme temperatures and climatic conditions that an aircraft comes across, aviation chemicals are highly demanded for aircraft maintenance. The modern-day aviation industry has transformed technical components such as airframes and engines into their technologically advanced versions, amplifying the requirement for chemicals to maintain their functionalities. To summarize, apart from regular functioning, aviation chemicals are the necessary components for cleaning and maintenance of the entire aircraft infrastructure.
Market participants in the aviation industry have upped their strategies of market acquisition to fall in line with the stringent government regulations regarding safety and maintenance. Aviation chemicals being part of their commercial strategies keep evolving and gaining prominence in the life cycle of an aircraft.
Rain Repellent Chemicals Generate Growth Opportunities in Market
The role of aviation chemicals has evolved over time along with its formulations. Rain repellent chemical is one such specialty area that is generating profitable avenues for manufacturers in the market. These chemicals are getting increasingly adopted in aircraft as a solution for long-standing problems related to unstable pressure of windshield wiper blades in aircraft which are highly susceptible to smearing and streaking. Treatment of aircraft glasses with rain repellent chemicals allows water to behave like mercury on glass, where water gets radially removed without the help of an external agent. Aircraft manufacturers have embedded this principle into rain repellant systems that can be controlled with a switch located in the cockpit of aircraft.
Lasers Create Profitable Prospects for Manufacturers
The market dynamics are resonating with the trend of sustainability, persuading the manufacturers of aviation chemicals to develop eco-friendly alternatives. Bioorganic cleaners are creating momentum in the market with the assurance of absolute biodegradability. These cleaners are free from toxic components like solvents, petroleum compounds, and chemical additives. Apart from the acquisition of environmentally aware millennial population, stringent regulations regarding the environment are motivating the manufacturers in the aviation chemicals landscape to develop sustainable products.
The aviation chemicals landscape has been swamped with technological innovations, which are drastically augmenting their market share. It has mechanized common maintenance practices such as paint removal. The conventional approach adopted by maintenance crews of meticulously scraping paint with the help of chemical solution dealt with a number of health hazards. Moreover, such manual processes were time-intensive, significantly impacting the overall productivity and revenue. Lasers have replaced the conventional hand sanders used for scraping paints. It contains a built-in vacuum that absorbs all the carcinogens that were traditionally emitted into the air during blasting and sanding operations. A significant reduction of waste created from sanding paint makes lasers apt for aircraft maintenance.
Laser equipped robotic arm is again a relatively new approach to paint removal. This arm effortlessly glides over exteriors of every aircraft to vaporize and remove the paint layer by layer. Along with effortless operation, this robotic arm vacuums-in all the waste materials and harmful chemicals, significantly reducing the environmental hazards posed by aviation chemicals, especially by chromium-based paint products. Manufacturers in the aviation chemicals market are increasingly employing paint stripping robots owing to its cost-effective and time-efficient working methodology. Such moves by leading players in the aviation chemicals ecosystem are bound to have a favorable influence on the growth prospects in the market in the coming years.
Sustainability Intensifies the Competitive Landscape
Leading market players in the aviation chemicals industry are merging and collaborating to take amalgamation of innovation and sustainability to a new level. Neste, a producer of renewable diesel and fuel, is collaborating with Sustainable Aviation Fuel (SAF Coalition) to produce renewable jet fuel. The company promises to reduce the carbon footprint by 80% by mixing the currently available jet fuel with fossil fuel. This sustainable fuel will be developed using residue raw materials and 100% renewable waste. The company further plans to use its own technology named NEXBTL to create this fuel. With the aim to transition towards sustainable transport, the company is laying the foundation of physical and traceable SAF supply chains across the globe.
The aviation chemicals market is on the path of achieving meaningful milestones through partnerships and collaborations. Established players are grabbing the new opportunities generated by sustainability in the aviation chemicals market to enhance their brand image and revenue. Aviation chemical companies are volunteering to act as a catalyst in the sustainable transformation of the market to stay at the forefront of the competition.
More from PMR’s Market Intelligence:
Aircraft Smoke Detection and Fire Extinguishing System Market Segmentation by Passenger jets and Cargo jets application: Click Here
Aircraft Fire Detection Protection Systems MarketSegmentation By product type: Detection loops, Alarm & warning systems, Fire extinguishers: Click Here
Aircraft Wire Cables MarketSegmentation By Insulation material type: Polyvinyl Chloride, Polypropylene, Cross-linked polyethylene (XLPE), Thermoplastic polyurethane (TPU), Polyphenylene Ether (PPE): Click Here
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
USA – Canada Toll-Free: 800-961-0353
E-mail id- email@example.com