Growth Opportunities for Maintenance Chemicals in the Global Aerospace Industry 2016-2021: Trends, Forecast, and Opportunity Analysis , May 2016

May 2016 | 148 pages | ID: GFD711670B2EN
Lucintel

Abstracts

According to a new market report published by Lucintel, the future of the aerospace maintenance chemical market looks stable with opportunities in commercial, regional jet, general aviation, helicopter, and military aircraft segments. The global aerospace maintenance chemical market is forecast to grow at a CAGR of 1.1% from 2016 to 2021. The major growth drivers of this market are increasing aircraft fleet, increase in flight frequency, and need for maintenance chemicals during various maintenance checks. It is expected that with increase in passenger traffic, air travel is increasing which creates positive growth during the forecast period.

In this market, deicing/anti-icing fluids, lubricant and cleaning agent maintenance chemicals are used in the aircraft. Lucintel predicts that the demand for cleaning agent segment is likely to experience the highest growth in the forecast period due to regular and mandatory maintenance checks and cleaning requirements. On the basis of its comprehensive research, Lucintel forecasts that the lubricant segment is expected to be the largest market due to its various properties that improves the efficiency of various aircraft components.

Within the lubricant segment, hydraulic fluid segment in the aerospace lubricant market is expected to experience the highest growth during the forecast period. It is used in all the types of aircraft, turbine powered or piston aircraft. On the basis of its comprehensive research, Lucintel forecasts that the turbine oil is expected to remain the largest segment by product type because it is used in most of the aircraft that are turbine-powered.

Commercial and regional aircraft is expected to remain the largest market for lubricants. Commercial aircraft consume more lubricants than any other type of aircraft; these are turbine powered aircraft that will result in high consumption of turbine oil.

North America is expected to remain the largest region during the forecast period; it covers the largest aircraft fleet globally along with large number of airlines in the world. Maintenance chemical usage is directly proportional to aircraft fleet size, and an increase in aircraft flights is a growth factor for this market. These regions with cold climatic conditions will always be major consumers of the deicing/anti-icing products.

APAC and ROW are expected to grow with highest CAGR during the forecast period due to growth in aircraft fleet in APAC and ROW region. Increase in passenger traffic, rapid expansion of low-cost carriers and domestic airlines, and growth of long-haul and short-haul markets lead to increased demand for more aircraft

The report suggests the development of partnerships with customers to create win-win situations and the development of performance-driven solutions for end users. Shell, ExxonMobil, Eastman, Dow Chemical and Total are among the major suppliers of aerospace maintenance chemical. Some companies are backward integrated, i.e. lubricant manufacturers extract crude oils themselves.

Lucintel, a leading global strategic consulting and market research firm, has analyzed opportunities for maintenance chemicals in the global aerospace industry by product type, region, lubricant market by product type and lubricant market by aircraft type and has come up with a comprehensive research report, “Growth Opportunities for Maintenance Chemicals in the Global Aerospace Industry 2016-2021: Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast of maintenance chemicals in the global aerospace industry through 2021, segmented by product type, region, lubricant market by product type and lubricant market by aircraft type as follows:

By product type (Value $ Million from 2010 to 2021)

• Deicing/Anti-icing
• Lubricant
• Cleaning Agent

By region (Value $ Million from 2010 to 2021)

• North America
• Europe
• Asia Pacific
• Rest of World

Lubricant market: By product type (Value $ Million from 2010 to 2021)

• Turbine Oils
• Piston Engine Oils
• Hydraulic Fluids
• Grease

Lubricant market: By aircraft type (Value $ Million from 2010 to 2021)

• Commercial & Regional aircraft
• General aviation
• Helicopter
• Military aircraft

This report answers following 10 key questions:

Q.1. What are some of the potential, high-growth opportunities for maintenance chemical in the aerospace industry, by aircraft type, application and region?
Q.2. Which product /segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats of this market?
Q.6. What are some changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9. How is the competitive rivalry and threat of substitution in this market?
Q.10.What are M&A activities in the last 5 years in this market? What reasons to these activities and how have they impacted the industry?

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of “Growth Opportunities for Maintenance Chemicals in the Global Aerospace Industry 2016-2021: Trends, Forecast, and Opportunity Analysis” include:

Market size estimates: Maintenance chemicals in global aerospace industry size estimation in value ($M) shipment.

Trend and forecast analysis: Maintenance chemicals in global aerospace industry trend (2010-2015) and forecast (2016-2021) by region and segment.

Segmentation analysis: Maintenance chemicals in global aerospace industry size by various product types such as deicing/ anti icing, cleaning agent, and lubricant in terms of value shipment.

Regional analysis: Maintenance chemicals in global aerospace industry breakdown by key regions such as North America, Europe, Asia Pacific and Rest of World.

Growth opportunities: Analysis on growth opportunities in different applications and regions.

Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of maintenance chemicals products suppliers in global aerospace industry.

Emerging applications: Emerging applications of maintenance chemicals in global aerospace industry in various markets.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
2.2: Industry Classifications
2.3: Maintenance Chemical in the Aerospace Industry
2.4: Supply Chain

3. MARKET TREND AND FORECAST ANALYSIS

3.1: Market Analysis 2015
  3.1.1: Maintenance Chemical Consumption in the Global Aerospace Industry by Value
  3.1.2: Maintenance Chemical Consumption in the Global Aerospace Industry by Product Type
  3.1.3: Maintenance Chemical Consumption in the Global Aerospace Industry by Region
3.2: Market Trends from 2010 to 2015
  3.2.1: Macroeconomic Trends
  3.2.2: Maintenance Chemical Consumption in the Global Aerospace Industry Trends by Value
  3.2.3: Trends of Maintenance Chemicals in the Global Aerospace Industry by Product Type
  3.2.4: Trends of Maintenance Chemicals in the Global Aerospace Industry by Region
  3.2.5: Industry Drivers and Challenges
3.3: Market Forecast from 2016 to 2021
  3.3.1: Macroeconomic Forecast
  3.3.2: Forecast for Maintenance Chemical Consumption in the Global Aerospace Industry by Value
  3.3.3: Forecast for Maintenance Chemicals in the Global Aerospace Industry by Product Type
  3.3.4: Forecast for Maintenance Chemicals in the Global Aerospace Industry by Region

4. COMPETITOR ANALYSIS

4.1: Product Portfolio Analysis
  4.1.1: Lubricant by Product Type
4.2: Ranking of Major Players
4.3: Geographical Reach
4.4: Operational Integration
4.5: Porter's Five Forces Analysis

5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

5.1 Growth Opportunities Analysis
  5.1.1 Growth Opportunities for Maintenance Chemicals in the Global Aerospace Industry by Region
  5.1.2 Growth Opportunities for Maintenance Chemicals in the Global Aerospace Industry by Product Type
  5.1.3 Growth Opportunities for Deicing/Anti-icing in the Global Aerospace Industry by Region
  5.1.4 Growth Opportunities for Cleaning Agents in the Global Aerospace Industry by Region
  5.1.5 Growth Opportunities for Lubricants in the Global Aerospace Industry by Region
5.2 Strategic Analysis
  5.2.1: New Product Development
  5.2.2: Capacity Expansion in Maintenance Chemicals Industry
  5.2.3: Technology Development
  5.2.4: Mergers, Acquisitions and Joint Ventures in the Global Aerospace Maintenance Chemical Market
5.3: New Entrants in the Global Maintenance Chemical Industry

6. COMPANY PROFILES OF LEADING PLAYERS

List Of Figures

LIST OF FIGURES

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Figure 2.1: Production Process of Glycol
Figure 2.2: Production Process of Lubricants
Figure 2.3: Lubrication System in Aircraft
Figure 2.4: Classification of Aerospace Industry according to Aircraft Type
Figure 2.5: Classification of the Global Maintenance Chemical Market
Figure 2.6: Benefits of Maintenance Chemicals in the Global Aerospace Industry
Figure 2.7: Application area of Deicing/Anti-Icing in aircraft
Figure 2.8: Cleaning Agents
Figure 2.9: Major application areas of Cleaning Agents and Deicing/Anti-Icing agents
Figure 2.10: Major Lubricants Used in Aircraft
Figure 2.11: Major Application of Lubricants
Figure 2.12: Supply Chain of Maintenance Chemical in Aerospace Industry

CHAPTER 3. MARKET TREND AND FORECAST ANALYSIS

Figure 3.1: Maintenance Chemical Distribution (%) in the Global Aerospace Industry ($ Million) by Product Type in 2015
Figure 3.2: Maintenance Chemicals in the Global Aerospace Industry ($ Million) by Product Type in 2015
Figure 3.3: Deicing/Anti-Icing Distribution (%) in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.4: Deicing/Anti-Icing in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.5: Lubricant Distribution (%) in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.6: Lubricants in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.7: Lubricants Distribution (%) in the Global Aerospace Industry ($ Million) by Product Type in 2015
Figure 3.8: Lubricants in the Global Aerospace Industry ($ Million) by Product Type in 2015
Figure 3.9: Lubricants Distribution (%) in the Global Aerospace Industry ($ Million) by Aircraft Type in 2015
Figure 3.10: Lubricants in the Global Aerospace Industry ($ Million) by Aircraft Type in 2015
Figure 3.11: Cleaning Agent Distribution (%) in the Global Aerospace Industry ($ Million) Region in 2015
Figure 3.12: Cleaning Agents in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.13: Maintenance Chemical Distribution (%) in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.14: Maintenance Chemicals in the Global Aerospace Industry ($ Million) by Region in 2015
Figure 3.15: Global GDP Growth Rate Trend
Figure 3.16: Air Passenger Traffic Growth Rate Trend
Figure 3.17: Commercial Aircraft Delivery Trends from 2010 to 2015
Figure 3.18: External Forces Shaping Maintenance Chemical Growth in the Global Aerospace Industry
Figure 3.19: Trends of Maintenance Chemicals in the Global Aerospace Industry from 2010 to 2015
Figure 3.20: Trends of Maintenance Chemicals in the Global Aerospace Industry ($M) by Product Type from 2010 to 2015
Figure 3.21: Trends of Deicing/Anti-Icing in the Global Aerospace Industry ($M) by Region from 2010 to 2015
Figure 3.22: Trends of Lubricants in the Global Aerospace Industry ($M) by Region from 2010 to 2015
Figure 3.23 Trends of Lubricants in the Global Aerospace Industry ($ Million) by Product Type from 2010 to 2015
Figure 3.24: Trends of Lubricants in the Global Aerospace Industry ($ Million) by Aircraft Type from 2010 to 2015
Figure 3.25: Trends of Cleaning Agents the Global Aerospace Industry ($M) by Region from 2010 to 2015
Figure 3.26: Trends of Maintenance Chemicals in the Global Aerospace Industry ($ Million) by Region from 2010 to 2015
Figure 3.27: Drivers and Challenges of Maintenance Chemicals in the Global Aerospace Industry
Figure 3.28: Global GDP Growth Rate Forecast
Figure 3.29 Commercial Aircraft Delivery Forecast from 2016 to 2021
Figure 3.30: Forecast for Maintenance Chemicals in the Global Aerospace Industry from 2016 to 2021
Figure 3.31: Forecast for Maintenance Chemicals in the Global Aerospace Industry ($ Million) by Product Type from 2016 to 2021
Figure 3.32: Forecast for Deicing/Anti-Icing in the Global Aerospace Industry ($ Million) by Region from 2016 to 2021
Figure 3.33: Forecast for Lubricants in the Global Aerospace Industry ($ Million) by Region from 2016 to 2021
Figure 3.34: Forecast for Lubricants in the Global Aerospace Industry ($ Million) by Product Type from 2016 to 2021
Figure 3.35: Forecast for Lubricants in the Global Aerospace Industry ($ Million) by Aircraft Type from 2016 to 2021
Figure 3.36: Forecast for Cleaning Agents in the Global Aerospace Industry ($ Million) by Region from 2016 to 2021
Figure 3.37: Forecast for Maintenance Chemicals in the Global Aerospace Industry ($ Million) by Region from 2016 to 2021

CHAPTER 4. COMPETITOR ANALYSIS

Figure 4.1: Major Global Aerospace Maintenance Chemical Suppliers
Figure 4.2: Market Coverage of OEMs in the Global Maintenance Chemical Industry
Figure 4.3: Growth Leadership Matrix of Maintenance Chemicals in the Global Aerospace Industry
Figure 4.4: Porter's Five Forces Analysis for Maintenance Chemicals in the Global Aerospace Industry

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

Figure 5.1: Growth Opportunities for Maintenance Chemical Consumption in the Global Aerospace Industry by Region
Figure 5.2: Growth Opportunities for Maintenance Chemical Consumption in the Global Aerospace Industry by Product Type
Figure 5.3: Growth Opportunities for Deicing/Anti-icing Consumption in the Global Aerospace Industry by Region
Figure 5.4: Growth Opportunities for Cleaning Agent Consumption in the Global Aerospace Industry by Region
Figure 5.5: Growth Opportunities for Lubricant Consumption in the Global Aerospace Industry by Region
Figure 5.6: Growth Opportunities for Lubricant Consumption in the Global Aerospace Industry by Aircraft Type
Figure 5.7: Growth Opportunities for Lubricant Consumption in the Global Aerospace Industry by Product Type
Figure 5.8: Strategic Initiatives by Major Competitors in 2015
Figure 5.9: Strategic Initiatives by Major Competitors in 2014
Figure 5.10: YOY Comparison of Strategic Initiatives by Major Competitors in Global Aerospace Maintenance Chemicals Market

List Of Tables

LIST OF TABLES

CHAPTER 1. EXECUTIVE SUMMARY

Table 1.1: Maintenance Chemicals in the Global Aerospace Industry Parameters and Attributes

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Table 2.1: Types of Deicing/Anti-Icing Fluid
Table 2.2: Few examples of aircraft model with ADF (volume) requirement

CHAPTER 3. MARKET TREND AND FORECAST ANALYSIS

Table 3.1: Market Trends of Maintenance Chemicals from 2010 to 2015 in the Global Aerospace Industry
Table 3.2: Average Growth Rates Consumption for One, Three, and Five Years for Maintenance Chemicals in the Global Aerospace Industry in Terms of $ Million
Table 3.3: Market Size and 2014-2015 Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Product Type in Terms of Value
Table 3.4: Market Size and Annual Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Product Type during Last Five Years from 2010 to 2015 in Terms of Value
Table 3.5: Market Size and 2014-2015 Growth Rates of Deicing/Anti-Icing in the Global Aerospace Industry by Region in Terms of Value
Table 3.6: Market Size and Annual Growth Rates of Deicing/Anti-Icing Consumption in the Global Aerospace Industry during Last Five Years from 2010 to 2015 by Region in Terms of Value
Table 3.7: Market Size and 2014-2015 Growth Rates of Lubricants in the Global Aerospace Industry by Region in Terms of Value
Table 3.8: Market Size and Annual Growth Rates of Lubricants Consumption in the Global Aerospace Industry during Last Five Years from 2010 to 2015 by Region in Terms of Value
Table 3.9: Market Size and 2014-2015 Growth Rates of Lubricants in the Global Aerospace Industry by Product Type in Terms of Value
Table 3.10: Market Size and Annual Growth Rates of Lubricants in the Global Aerospace Industry by Product Type during Last Five Years from 2010 to 2015 in Terms of Value
Table 3.11: Market Size and 2014-2015 Growth Rates of Lubricants in the Global Aerospace Industry by Aircraft Type in Terms of Value
Table 3.12: Market Size and Annual Growth Rates of Global Aerospace Lubricants Industry by Aircraft Type during Last Five Years from 2010 to 2015 in Various Segments in Terms of Value
Table 3.13: Market Size and 2014-2015 Growth Rates of Cleaning Agents in the Global Aerospace Industry by Region in Terms of Value
Table 3.14: Market Size and Annual Growth Rates of Cleaning Agents Consumption in the Global Aerospace Industry from 2010 to 2015 by Region in Terms of Value
Table 3.15 Price range of various Maintenance Chemicals
Table 3.16: Market Size and 2014-2015 Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Region
Table 3.17: Market Size and Annual Growth Rates of Maintenance Chemicals Consumption in the Global Aerospace Industry from 2010 to 2015 by Region in Terms of Value
Table 3.18: Forecast for Maintenance Chemicals in the Global Aerospace Industry from 2016 -2021
Table 3.19: Average Growth Rates for One, Three, and Five Years for Maintenance Chemicals Consumption in the Global Aerospace Industry in Terms of $ Million
Table 3.20: Market Size and 2015-2016 Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Product Type in Terms of Value and Volume
Table 3.21: Market Size and Annual Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Product Type from 2016 to 2021 in Terms of Value
Table 3.22: Market Size and 2015-2016 Growth Rates of Deicing/Anti-Icing in the Global Aerospace Industry by Region in Terms of Value
Table 3.23: Market Size and Annual Growth Rates of Deicing/Anti-Icing in the Global Aerospace Industry from 2016 to 2021 by Region in Terms of Value
Table 3.24: Market Size and 2015-2016 Growth Rates of Lubricants in the Global Aerospace Industry by Region in Terms of Value
Table 3.25: Market Size and Annual Growth Rates of Lubricants in the Global Aerospace Industry from 2016 to 2021 by Region in Terms of Value
Table 3.26: Market Size and 2015-2016 Growth Rates of Lubricants in the Global Aerospace Industry by Product Type in Terms of Value
Table 3.27: Market Size and Annual Growth Rates of Lubricants in the Global Aerospace Industry by Product Type from 2016 to 2021 in Terms of Value
Table 3.28: Market Size and 2015-2016 Growth Rates of Lubricants in the Global Aerospace Industry by Aircraft Type in Terms of Value
Table 3.29: Market Size and Annual Growth Rates of Lubricants in the Global Aerospace Industry by Aircraft Type during Next Five Years from 2016 to 2021 in Terms of Value
Table 3.30: Market Size and 2015-2016 Growth Rates of Cleaning Agents in the Global Aerospace Industry by Region in Terms of Value
Table 3.31: Market Size and Annual Growth Rates of Cleaning Agents in the Global Aerospace Industry from 2016 to 2021 by Region in Terms of Value
Table 3.32: Market Size and 2015-2016 Growth Rates of Maintenance Chemicals in the Global Aerospace Industry by Region in Terms of Value
Table 3.33: Market Size and Annual Growth Rates of Maintenance Chemicals in the Aerospace Industry from 2016 to 2021 by Region in Terms of Value

CHAPTER 4. COMPETITOR ANALYSIS

Table 4.1: Product Mapping of Maintenance Chemical Suppliers Based on Product Type
Table 4.2: Product Mapping of Lubricant Suppliers Based on Product Type
Table 4.3: Market Share of Aerospace Maintenance Chemical Suppliers in 2015
Table 4.4: Presence of Maintenance Chemical Supplier across the Value Chain

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

Table 5.1: New Product Launches by Major Maintenance Chemical Producer during Last Five Years (Source: Lucintel)
Table 5.2: Technological Advancement in the Global Maintenance Chemical Industry
Table 5.3: New Entrants and in the Global Maintenance Chemical Industry during Last Five Years