July 5, 2024
aircraft de-icing market

Aircraft De-icing Market is Estimated to Witness High Growth Owing to Increasing International Air Passenger Traffic.

The aircraft de-icing market comprises products that are used to prevent the formation of ice and adhesion of snow on aircraft surfaces during winter. De-icing fluids are applied on aircraft surfaces such as wings, tails, engine inlets, and fuselage to remove ice, frost, and snow before take-off. They provide safe aircraft operations and prevent accidents during winters. De-icing systems are crucial for safety as ice accretion can significantly alter aerodynamic properties and cause imbalance, engine disturbances, and communication issues. 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 players operating in the Aircraft De-icing Market growth include DowDuPont Contego, Aviation Solutions, JBT Corporation, Kilfrost, Textron Ground Support Equipment Inc., Lyondell Basell, BASF SE, CRYOTECH, and Vestergaard Company. Key players are focusing on developing innovative and sustainable de-icing solutions to cater to the growing aircraft fleet size. Aircraft operators are increasingly adopting infrared and electro-expulsive de-icing systems for efficiency. Moreover, the emergence of hybrid and all-electric aircraft will further drive the need for advanced de-icing solutions.

The global expansion of international flights and rise in air passenger traffic present significant opportunities in the aircraft de-icing market. Manufacturers are exploring opportunities in emerging markets of Asia Pacific and Middle East & Africa. Countries like China, India, and Saudi Arabia are witnessing double-digit growth in passenger traffic which will necessitate efficient de-icing infrastructure and solutions. Additionally, stringent regulations regarding take-off in icing conditions are compelling airlines to invest more in de-icing technologies.

The primary driver augmenting growth of the aircraft de-icing market is increasing international air passenger traffic. IATA predicts air passengers will double to 8.2 billion by 2037. This will require more aircraft and frequent de-icing operations, driving demand for related products and services. Growth in low-cost carriers particularly in developing nations is also propelling the market. Strict mandates from aviation regulatory bodies ensure safe operations during winters. Adoption of hybrid and electric aircraft will further stimulate innovation in sustainable de-icing solutions.

PESTLE Analysis

Political: The aviation industry is tightly regulated at both national and international levels. Regulations concerning ice protection, equipment certification and emissions standards directly impact the aircraft de-icing market.

Economic: The health of the aircraft de-icing market is correlated with air traffic volumes and aircraft movement rates across regions. Economic factors such as GDP growth, disposable incomes and demand for air travel influence market scope.

Social: Environmental consciousness is increasing worldwide. Hence manufacturers focus on developing sustainable and eco-friendly de-icing solutions using renewable resources to meet social expectations.

Technological: Advancements in de-icing fluids, integrated systems and internet-of-things sensors enable real-time monitoring and optimization. The integration of robotics and automation improves process efficiency while reducing labor requirements.

Geographical concentration
The North American region currently accounts for the largest share of the global aircraft de-icing market in terms of value. This can be attributed to high air traffic volumes in the United States and Canada along with strict weather-related regulations.

Fastest growing region

Asia Pacific is projected to register the fastest growth during the forecast period. This is driven by increasing domestic and international air travel across densely populated countries such as China and India. Infrastructural developments and procurement of new aircraft will also support regional market expansion.

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