Deicing Fluid Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2032

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The global deicing fluid market was worth US$ 5.3 Billion in the year 2022 and is expected to reach US$ 8.8 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032. Deicing fluids come across as critical chemicals used in the aviation vertical in cold climates around the world.

Growing demand for such fluids is accelerating the deicing fluid market. They are categorized as Type I, Type II, Type III, and Type Iv on the basis of their composition and chemicals, and physical qualities. This could be credited to growing awareness about the product, continued expansion of the aviation sector, increasing freight carrying through airways, and rising number of strategic partnerships.  Both – governments and private sectors are extending support to the deicing fluid market for having the aviation vertical in shape.

Deicing fluids constitute glycols, salts, and alcohol. They do reduce water’s freezing point. Mechanical deicing procedures constitute pressing and scraping. Deicing solution gets sprayed on the surface using spray guns or hoses. The region’s meteorological conditions do determine the need for deicing fluid. It is, in fact, directly proportional to an increase in tourism in cold climates.

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Key Companies Profiled

  • The Dow Chemical Company
  • Kilfrost
  • E. I. du Pont de Nemours and Company
  • Henan Allrich Chemical Co., Ltd.
  • Cre Chem Qingdao Limited
  • Weifang Qiangyuan Chemical Industry Co., Ltd.

Competitive Fluid

  • Aero Mag, in December 2020, came up with the very first electrically-powered truck with the intention of deicing the aircraft.
  • Invercon Inc., in January 2020, did announce that their deicing system had been successfully tested at NASA Glenn Research Center’s Icing Research Tunnel. This announcement came along with NEI Corporation.
  • Hartsfield-Jackson Atlanta International Airport, in 2018, did announce its plan of building a south deicing facility worth US$ 50 Million for reducing flight cancellations at the time of snowstorms. It could accommodate merely 5 large planes initially but can deice close to 20 planes at a time now.

What does the Report delve deep into?

  • The research study is based on type (ethylene glycol and polypropylene glycol), and by application (commercial and non-commercial).
  • With aviation vertical flourishing, there would be nothing to stop the deicing fluid market from substantiating in the forecast period.
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