The Global Aircraft De-icing Market
accounted for 0.84 billion in 2014 and is expected to reach $1.43 Billion by 2022, to register a CAGR of 6.88%.
The factors such as increasing demand for passenger safety and comfort and increasing flight delays during the snow are driving the market growth.
Maintaining safety airport operations during freezing weather conditions is also driving the rate of technology adoption. Development of the existing airports and rapid transformation of the airports around the world are also set to offer growth opportunities to the major players involved.
The foremost restraining factors, for the market include regulatory issues and requirements for lucrative initial investments. Optimizing the de-icing and anti-icing fluids and demand for environment friendly fluids are also some of the essential challenges for the market growth. The growth of the aircraft de-icing market is mainly attributed by the succeeding airline industry and technological advancements.
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