Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

North America holds a major share of the global aerospace maintenance chemical market as it covers the largest aircraft fleet across the globe. As aerospace maintenance chemicals are used on aircraft, the growth in the fleet will directly increase the consumption of aerospace maintenance chemical market. North America is followed by Europe and Asia.

NEWARK, Del: The global aerospace maintenance chemical market was worth US$ 7.2 Bn in the year 2020 and is expected to reach US$ 10.4 Bn by the year 2032 at a CAGR of 3.4% between 2022 and 2032.

The aerospace maintenance chemical market is expected to witness a major overhaul in the upcoming period on the back of increase in frequency of the air travellers across the globe. As such, the airlines are into provision of cleaner experience to the passengers. It’s a known fact that passengers’ continuous contact with cabin’s interior tends to degrade the interiors of aircraft; thereby necessitating cleaning operations. 

Aerospace maintenance chemicals could be lubricants or solvents. Lubricants are substances reducing friction between the moving parts; whereas solvents are the ones dissolving or removing materials like dust, dirt, paint, and grease. With increase in complexity of systems, airframes, and engines, maintenance as well as well as repairing of aircraft turns out to be mandatory. As aircraft components are pretty costly, and downtime could incur heavy losses to the airlines, it’s advisable to ascertain proper maintenance. 

As per SGI Aviation and IATA, more than 27K commercial aircrafts operate all over with an average age of over 12 years. Plus, half of the aircrafts are still operating in spite of crossing the operational age of 25 years. The figures send across a message that maintenance is inevitable. Plus, as per IATA’s MCTF (maintenance Cost Task Force), an airline fleet should not be running for more than 8.9 years. This precarious situation is bound to drive the demand for aerospace maintenance chemicals in the forecast period. 

Request for Sample Get 20% Discount @

At the same time, stern regulations from the governments regarding usage of harmful chemicals for maintenance of airplanes, higher maintenance costs of the airplanes, and dearth of skilled professionals are expected to restrain the aerospace maintenance chemical market in the forecast period. Air travel has picked up pace. The global aerospace maintenance chemical market is likely to grow on an unstoppable note in the forecast period. 

Also, the last two years were pretty tough for the aerospace vertical as lockdowns were enforced in wake of Covid-19. With normalcy getting restored in 2022, 

Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Aerospace Maintenance Chemical Market’. Its team comprising analysts and consultants is there to execute with an amalgamation of macros and micros.

“With growing realization of the fact that aerospace maintenance chemicals could be used as paint removers, cleaning materials, degreasers, paint strippers, and aircraft polishers & washers to render the commercial aircraft free of corrosion, the global aerospace maintenance chemical market is expected to grow on a stupendous note in the near future”, says an analyst from Future Market Insights. 

Key Takeaways from Aerospace Maintenance Chemical Market

  • North America holds the largest market share due to the end-consumers increasingly preferring air travel. Also, the governments are handsomely investing on maintaining defense aircrafts. 
  • Europe stands second on this count along the parameters mentioned above.
  • The Asia-Pacific is expected to grow at the fastest rate in the aerospace maintenance chemical market. This could be reasoned with noteworthy growth in aerospace vertical. 

Ask an Analyst @

Competitive Chemicals

Singapore Technologies Engineering Ltd., of late, did sell 50% of equity stake in ‘Keystone Holdings Pte. Ltd.’ to ‘SJ Aviation Capital Pte. Ltd.’ for nearly US$ 10.7 Mn. ST Aerospace, along with SJ Aviation Capital, would be owning half of Keystone Holdings each; which would aid in developing a portfolio of the maintenance chemical products.

Quaker Chemical Corporation is known for providing process fluids, technical expertise, and specialty chemicals to a broad spectrum of industries inclusive of aluminum, steel, mining, automotive, aerospace, cans, tube and pipe, and likewise. 

Browse Full Report @

What does the Report highlight?

  • The research study is based on nature (inorganic chemicals, organic chemicals, and others), by type (commercial aircraft, general aviation, helicopters, and defense aircrafts), and by application (deicing fluids, cleaning fluids, and others).
  • With an increasing demand for aircraft surface repair, the global aerospace maintenance chemical market is bound to grow inadvertently going forward.

Key Segments

By Nature

  • Organic chemicals
  • Inorganic chemicals
  • Others

By Type

  • Commercial aircraft
  • General aviation
  • Helicopters
  • Defence aircrafts

By Application

  • Deicing Fluids
  • Cleaning Fluids
  • Others

By Region

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Buy Now @

Explore FMI’s Extensive Ongoing Coverage on Chemicals & Materials Domain

Wood Plastic Composite (WPC) Floorings Market Size: Expanding at a remarkable CAGR of 7.0%, the global sales of WPC floorings is expected to increase from a valuation of US$ 2,088.6 Mn in 2022 to US$ 3,643.3 Mn by the end of 2030.

Soft Magnetic Composites Market Overview: Future Market Insights (FMI) has anticipated the demand of soft magnetic composites to witness a year over year growth of 8.4% in 2022 creating a valuation of US$ 44,345.8 Mn by the end of 2022. 

Fiberglass Market Growth: Demand for fiberglass is predicted to rise at a CAGR of 4.3% over the forecast period (2022-2028) and reach a valuation of US$ 13.1 Bn by 2028, up from the current market size of US$ 10.2 Bn.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs | YouTube
For Sales Enquiries:

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts