By the end of 2022, the Japanese market for aircraft cleaning chemicals is anticipated to be worth US$ 1,385 Million, according to projections by Future Market Insights. The Japanese aircraft cleaning chemicals market is anticipated to expand steadily between 2022 and 2032 with a CAGR of 3.5%, reaching a market value of US$ 2,500 Million by that time. Bulk of the Japanese population’s rising disposable income has made flying more accessible to the general public. Additionally, this has increased the number of people using airplanes, which may raise the demand for aircraft cleaning chemicals throughout the projection period.
In addition, there has been a sudden surge in the number of military aircraft since 2018 and with this, there has been a rising demand for maintaining these aircraft. The Japanese government is aimed at equipping each of the aircraft with the best advancements and special focus on its regular cleaning routines to maintain hygiene. Such developments are expected to accelerate the demand for aircraft cleaning chemicals in Japan. During the projection period, a respectable growth rate is anticipated for the Japanese market.
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Around 4.36 million people traveled by air in 2019, setting a record, however, the global pandemic caused that number to drop to 1.39 million in 2021. However, economists believe that when things improve, the number of passengers on airplanes will rise. This will boost the growth in the civil aircraft industry and as a result of this, there will be a prominent growth in the Japanese aircraft cleaning chemicals market. Due to the efficiency they provide, solvent-based chemicals are predicted to have the largest market share in Japan. During the projection period, solvent-based chemicals are anticipated to expand at a CAGR of almost 4.4%. The availability of cleaning products with a bio-based basis is one of the key factors contributing to the expansion of solvent-based chemicals.
Key Takeaways
- The Japanese market for aircraft cleaning chemicals was estimated to hold a market valuation of US$ 1,209.25 Million in 2022.
- Globally, the Japanese aircraft cleaning chemicals market will occupy a 25% share in 2022.
- By product type, dry wash cleaning products are expected to occupy 42% of the Japanese shares in 2022.
- By formulation, solvent-based cleaners are expected to gain 32% shares in 2022.
- By end-use, military aviation is expected to acquire 31% of the shares in the Japanese market.
Competitive Landscape
The key players present in the Japanese aircraft cleaning chemicals market are Henkel Japan Ltd, Chemetall Japan KK, Arrow Electronics Japan, KK, Cee-Bee Chemical Co., Aerosense Inc., and Jet Stream Aviation Products, Inc.
The major businesses are focusing on developing products that promote good health in addition to a new safety feature, which is formulating non-flammable products. These are often relatively cheap and have a light smell. The newly created product also delivers reduced chemical evaporation, which increases the product’s efficacy even more.
Recent Developments
- With a line of unmanned aerial vehicles (UAVs) that cater to a variety of industries, including surveying, construction, agriculture, inspection, broadcasting, and logistics, Aerosense is making headway in the drone market. These can enhance the effectiveness of the cleaning procedure for aircraft.
- Along with UAVs, Aerosense’s Aerobo Marker and Aerobo Cloud automate and optimize conventional surveying techniques, cutting down on the number of hours required to accomplish projects. Using its headquarters in Tokyo, Japan, Aerosense offers a completely automated solution for the commercial demands of aviation cleaning chemicals with Japanese-made UAVs.
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Aircraft Cleaning Chemicals Market Segment
By Product Type:
- Exterior
- Interior
By Formulation:
- Water Based
- Solvent based
- Synthetic
- Bio Based
- Wax Based
By End Use:
- Civil Aircraft
- Commercial/Cargo Based Aviation
- Military