* Cleanzine-logo-8a.jpgCleanzine: your weekly cleaning and hygiene industry newsletter 16th May 2019 Issue no. 870

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Biodegradable, non-toxic aircraft cleaning chemicals to witness widespread demand

* Biodegradable-non-toxic.jpgGiven the expanding aviation industry combined with a significantly high number of passengers opting for air travel, the demand for aircraft cleaning chemicals has been observing a steady growth trajectory in recent years.

Global passenger traffic increased by 7.6% in 2017 - more than the average annual growth over the last 10 years according to the International Air Transport Association, and this is a key factor driving the global demand for aircraft cleaning chemicals, since aircraft fleet sizes are expanding to cope with the increased passenger numbers.

In addition, increasing demand for effective aircraft services is a key growth factor. Future Market Insights, which has released a report on the sector's cleaning needs up to 2028, also foresees strong revenue growth opportunity for aircraft cleaning chemicals in the defense sector.

Considering the high competitiveness of the aviation sector, airlines have upped their cleaning routines since cleanliness is known to be a critical factor in attracting passengers. Increasing heath awareness and the risk of infection arising from contaminated seats is further boosting the demand for aircraft cleaning chemicals - and, specifically, disinfectants.

"Growth in global sales of aircraft cleaning chemicals is positioned to increase at a rather restrained rate of 4.3%," says a FMI spokesperson. "The volume demand is estimated to reach 78,647 tons by the end of 2028. This growth is attributable to the continuous demand from the airline companies and their shifting focus towards providing a cleaner and hygienic flying experience to passengers."

The report notes that aircraft cleaning chemicals sales in India and China will reflect high growth, considering significant investments made in those areas in the development of airports over the next 10 years. It says this is driven by by favorable government initiatives and the expansion of airports in major cities, respectively.

North America is anticipated to remain the larger consumer of aircraft cleaning chemicals -expanding nearly 1.2 times through 2028.

SEAP (South East Asia & the Pacific) and ASEAN (Association of Southeast Asian Nations) nations will create substantial opportunities for chemical cleaning manufacturers owing to the increasing tourist footfall. Moreover, government initiatives to expand and renovate the existing aviation infrastructure and also develop new airports, will translate into higher sales growth of aircraft cleaning chemicals in the regions.

Essentially, FMI also foresees significant sales opportunities in Middle East, as the region portrays a visible shift from oil and gas-based revenues to trade, tourism, commerce and manufacturing. Geographical advantage, coupled with robust investments in infrastructure, will allow carriers in the Middle East to channel traffic through their hubs and offer one-stop services between various cities. The promising commercial aviation scenario in Middle East will create significant sales opportunities for aircraft cleaning chemicals there.
The stagnating aviation sector in Africa is expected impact the sales growth of aircraft cleaning chemicals in the region. As per the IATA, airlines carriers in Africa are estimated to deliver the weakest financial performance with a net loss of $800 million - attributable to civil conflict and regional disturbances.

Companies are likely to develop more advanced and high-tech cleaning solutions - also adhering to global quality standards. Key focus remains on research and development.
Increasingly stringent environmental regulations, will pave way for environmentally-friendly, biodegradable, non-toxic, and durable chemicals, such water-based and bio-based chemicals, giving key players a competitive edge over other market participants.

Conscious efforts to reduce hazardous and toxic substances such as trichloroethylene (TCE), Perchloroethylene and other caustic chemicals, will translate into a robust adoption of bio-based and water based cleaning chemicals.

Key players are also strategising to strengthen their global presence in domestic and lucrative global markets by expanding their product offerings and leveraging local networks and infrastructure.

Players are also focusing on feasibility studies and strengthening their distribution networks and supply chains, whilst laying emphasis on the development of innovative, technologically-advanced and cost-efficient products.

Image courtesy of OCS Group

www.futuremarketinsights.com

13th December 2018




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