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Aerospace Maintenance Chemicals Market Size
- Report ID: GMI2105
- Published Date: Nov 2019
- Report Format: PDF
Aerospace Maintenance Chemicals Market Size
Aerospace Maintenance Chemicals Market size was valued at over USD 7 billion in 2018 and is estimated to exhibit over 3% CAGR from 2019 to 2026.
Aerospace maintenance chemicals are used to protect, maintain quality, and to remove paints & coatings of airframe structures, aircraft components, and cabin interiors. Several chemicals are available for various maintenance applications including aircraft cleaners, leather cleaners, paint removers, paint strippers, degreasers, wash & polish solutions, and specialty solvents. Aircraft components are extremely costly, and downtime can incur heavy losses to airlines. Maintenance process enable airlines to operate their aircrafts with optimum efficiency.
Growing air passenger traffic along with rising flight frequency across the globe are driving the aerospace maintenance chemicals market share. According to the International Air Transport Association (IATA), in 2018 around 4.4 billion passengers flew with an increase of 6.9% over 2017. Around 22,000 city pairs are connected till 2018 by direct flights, that grew by 1,300 over 2017.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Aerospace Maintenance Chemicals Market Size in 2018: | 7.35 Billion (USD) |
| Forecast Period: | 2019 to 2026 |
| Forecast Period 2019 to 2026 CAGR: | 3.3% |
| 2026 Value Projection: | 9.46 Billion (USD) |
| Historical Data for: | 2016 & 2017 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 314 |
| Segments covered: | Product, Aircraft, Nature of chemical, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Aerospace Maintenance Chemicals Market Scope
