Aviation Chemicals Market: Industry Analysis and Forecast 2021-2027: By Product Type, Channel Type, End Use and Region

Aviation Chemicals Market is anticipated to reach US$ 5.93 Bn by 2027 from US$ 3.8 Bn in 2020 at a CAGR of 7.7% during a forecast period. Growth in trade by air cargo as well as growth in the production of military and commercial aircraft are expected to boost the aviation chemicals market's growth during the forecast period (2020-2027). In 2020, North America dominated the aviation chemicals market and is expected to grow at a CAGR of 5.5% during the forecast period. China held a 12% of market share during the forecast period and is expected to US$ 1.57 Bn by 2027. Growing numbers of air passengers, and increasing military expenditure in China is boosting demand for aviation chemicals. Aviation Chemicals Market To know about the Research Methodology :- Request Free Sample Report In report, 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Aviation Chemicals Market Dynamics

Growing fleet size and increasing production of military aircraft are expected to drive aviation chemicals the market's growth during the forecast period. commercial aviation coatings have a service life of three to five years. A commercial plane is recoated every four to five years, due to the impact of the external environment according to The Commonwealth Scientific and Industrial Research Organization. Thus, increasing focus on aircraft maintenance and rising demand for chemicals for cleaning toilets and lavatory surfaces are likely to propel the demand for aviation chemicals during the forecast period (2020-2027). Growing air passenger traffic has been leading to an increase in the deliveries of new aircraft, and the longer life of existing generation aircraft has been leading to an increase in fleet size. The global aircraft fleet is expected to grow from 25,900 to 49,405 aircraft between 2019 and 2030. While Europe and North America are expected to grow by around 76 and 42 percent respectively, the Asia Pacific fleet is expected to grow by about 139 percent to 18,770 aircraft in 2030. Thus, with growth in the number of in-service aircraft, demand for aviation chemicals is also expected to register significant growth during the forecast period (2020-2027). Aviation Chemicals Market 1 Restraints: Stringent regulations imposed by regulatory bodies against the manufacturing and use of synthetic chemicals are expected to hamper the demand growth of aviation chemicals.

Aviation Chemicals Market Segmentation Analysis

By Product Type, in terms of revenue, the lubricants & coolants segment is expected to grow at 13% CAGR during the forecast period. An aircraft needs lubrication and cooling in the engine at regular intervals of time. The increasing number of aircraft and increasing flight time are expected to boost the consumption of lubricants and coolants in the aviation segment during the forecast period. In addition, the adhesives & sealants segment is expected to grow at 11.3% during the forecast period. By End Use, the civil aviation segment is expected to grow at 6.3% CAGR during the forecast period. The growth of the segment is attributed to the growing fleet size, and increasing air commuters, which commuters are boosting the need for new aircraft. Aviation Chemicals Market 2

Aviation Chemicals Market Regional Insights

In North America, the U.S. is a leading consumer of aviation chemicals. The U.S. has the maximum number of aircraft fleets across the globe, and the presence of several key aircraft and space rocket manufacturers, which is driving the market's growth in the country. The strongly developed air force and space exploration industry in the country has also contributed to the growth of the aviation chemicals industry in the U.S. In addition, rising demand for aircraft disinfection products for the improvement of the hygiene and safety standards of passengers is likely to boost the market in the region during the forecast period. In the Asia Pacific, the market in developing countries like China, India, Vietnam, and Thailand is expected to grow at a significant pace during the forecast period. Rapid industrialization and an increase in government expenses on improving airline services are likely to boost the market in the region between 2020 and 2027. In 2020, China held a 12% of market share during the forecast period and is expected to US$ 1.57 Bn by 2027. Growing numbers of air passengers, and increasing military expenditure in China is boosting demand for aircraft chemicals. Aviation Chemicals Market 3 The objective of the report is to present a comprehensive analysis of the Aviation Chemicals Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Aviation Chemicals Market dynamics, structure by analyzing the market segments and project the Aviation Chemicals Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Aviation Chemicals Market make the report investor’s guide.

Aviation Chemicals Market Scope: Inquire before buying

Aviation Chemicals Market 4

Aviation Chemicals Market, by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Aviation Chemicals Market Key Players

Eastman Chemical CompanyThe Sherwin Williams CompanyPPG Industries Inc. • Exxon Mobil Corporation • Axalta Coating Systems Ltd. • Calumet Specialty Products Partners, L.P. • Akzo Nobel N.V. • Henkel AG & Co. KGaA • BASF SE • Royal Dutch Shell plc • Fuchs Petrolub SE • Compagnie de Saint-Gobain S.A. • Zircotec • Master Bond Inc. • APV Engineered Coatings • Hardide Plc • DOW • Oerlikon Balzers Coating S.A. Brügg • Illinois Tool Works Inc. • Callington Haven Pty Ltd.

Frequently Asked Questions

1. What is the projected market size & growth rate of Aviation Chemicals Market? Ans- Aviation Chemicals Market was valued at USD 3.8 billion in 2020 and is projected to reach USD 5.93 billion by 2027, growing at a CAGR of 7.7 % during the forecast period. 2. What are the key driving factors for the growth of Aviation Chemicals Market? Ans- Growth in trade by air cargo as well as growth in the production of military and commercial aircraft are expected to boost the aviation chemicals market's growth during the forecast period (2020-2027). 3. Which Region accounted for the largest Aviation Chemicals Market share? Ans- In North America, the U.S. is a leading consumer of aviation chemicals. 4. What makes Asia Pacific a Lucrative Market for Aviation Chemicals Market? Ans- Rapid industrialization and an increase in government expenses on improving airline services are likely to boost the market in the region between 2020 and 2027. 5. What are the top players operating in Aviation Chemicals Market? Ans- Eastman Chemical Company, The Sherwin Williams Company, PPG Industries Inc., Exxon Mobil Corporation, Axalta Coating Systems Ltd., Calumet Specialty Products Partners, L.P., Akzo Nobel N.V., and Henkel AG & Co. KGaA.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Aviation Chemicals Market Size, by Market Value (US$ Bn) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Aviation Chemicals Market 3.4. Geographical Snapshot of the Aviation Chemicals Market, By Manufacturer share 4. Aviation Chemicals Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Aviation Chemicals Market 5. Supply Side and Demand Side Indicators 6. Aviation Chemicals Market Analysis and Forecast, 2020-2027 6.1. Aviation Chemicals Market Size & Y-o-Y Growth Analysis. 7. Aviation Chemicals Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2020-2027 7.1.1. Paints & Coatings 7.1.2. Adhesives & Sealants 7.1.3. Lubricants & Coolants 7.1.4. De-icing & Anti-icing Fluids 7.1.5. Cleaning Chemicals 7.1.6. Others 7.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 7.2.1. Original Equipment Manufacturers (OEMs) 7.2.2. Maintenance, Repair and Overhaul (MRO) 7.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 7.3.1. Chemicals for Civil Aviation 7.3.2. Chemicals for Commercial Cargo Aviation 7.3.3. Chemicals for Military & Space Exploration 8. Aviation Chemicals Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Aviation Chemicals Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2020-2027 9.1.1. Paints & Coatings 9.1.2. Adhesives & Sealants 9.1.3. Lubricants & Coolants 9.1.4. De-icing & Anti-icing Fluids 9.1.5. Cleaning Chemicals 9.1.6. Others 9.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 9.2.1. Original Equipment Manufacturers (OEMs) 9.2.2. Maintenance, Repair and Overhaul (MRO) 9.3. Market Size (Value) Estimates & Forecast By End Use,2020-2027 9.3.1. Chemicals for Civil Aviation 9.3.2. Chemicals for Commercial Cargo Aviation 9.3.3. Chemicals for Military & Space Exploration 10. North America Aviation Chemicals Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Aviation Chemicals Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 11.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 11.3. Market Size (Value) Estimates & Forecast By End Use,2020-2027 12. Canada Aviation Chemicals Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 12.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 12.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 13. Mexico Aviation Chemicals Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 13.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 13.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 14. Europe Aviation Chemicals Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 14.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 14.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 15. Europe Aviation Chemicals Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Aviation Chemicals Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 16.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 16.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 17. France Aviation Chemicals Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 17.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 17.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 18. Germany Aviation Chemicals Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 18.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 18.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 19. Italy Aviation Chemicals Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 19.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 19.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 20. Spain Aviation Chemicals Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 20.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 20.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 21. Sweden Aviation Chemicals Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 21.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 21.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 22. CIS Countries Aviation Chemicals Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 22.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 22.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 23. Rest of Europe Aviation Chemicals Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 23.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 23.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 24. Asia Pacific Aviation Chemicals Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 24.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 24.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 25. Asia Pacific Aviation Chemicals Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Aviation Chemicals Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 26.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 26.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 27. India Aviation Chemicals Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 27.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 27.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 28. Japan Aviation Chemicals Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 28.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 28.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 29. South Korea Aviation Chemicals Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 29.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 29.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 30. Australia Aviation Chemicals Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 30.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 30.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 31. ASEAN Aviation Chemicals Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 31.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 31.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 32. Rest of Asia Pacific Aviation Chemicals Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 32.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 32.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 33. Middle East Africa Aviation Chemicals Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 33.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 33.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 34. Middle East Africa Aviation Chemicals Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Aviation Chemicals Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 35.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 35.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 36. GCC Countries Aviation Chemicals Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 36.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 36.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 37. Egypt Aviation Chemicals Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 37.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 37.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 38. Nigeria Aviation Chemicals Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 38.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 38.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 39. Rest of ME&A Aviation Chemicals Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 39.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 39.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 40. South America Aviation Chemicals Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 40.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 40.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 41. South America Aviation Chemicals Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Aviation Chemicals Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 42.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 42.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 43. Argentina Aviation Chemicals Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 43.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 43.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 44. Rest of South America Aviation Chemicals Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Product Type,2020-2027 44.2. Market Size (Value) Estimates & Forecast By Channel Type,2020-2027 44.3. Market Size (Value) Estimates & Forecast By End Use, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Aviation Chemicals Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Eastman Chemical Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Eastman Chemical Company 45.3.3. The Sherwin Williams Company 45.3.4. PPG Industries Inc. 45.3.5. Exxon Mobil Corporation 45.3.6. Axalta Coating Systems Ltd. 45.3.7. Calumet Specialty Products Partners, L.P. 45.3.8. Akzo Nobel N.V. 45.3.9. Henkel AG & Co. KGaA 45.3.10. BASF SE 45.3.11. Royal Dutch Shell plc 45.3.12. Fuchs Petrolub SE 45.3.13. Compagnie de Saint-Gobain S.A. 45.3.14. Zircotec 45.3.15. Master Bond Inc. 45.3.16. APV Engineered Coatings 45.3.17. Hardide Plc 45.3.18. DOW 45.3.19. Oerlikon Balzers Coating S.A. Brügg 45.3.20. Illinois Tool Works Inc. 45.3.21. Callington Haven Pty Ltd. 46. Primary Key Insights

About This Report

Report ID123177
Category Material & Chemical
Published DateOct 2021
Updated Date
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