Aerospace & Defense Chemical Distribution Market to Expand at CAGR of 5.5%, Innovations in Technologies for Combat Helicopter for Military Use Cements Market Growth, says TMR Study

ALBANY, N.Y, Dec. 9, 2021 /PRNewswire/ -- The growth of the aerospace & defense chemical distribution market is driven by the expected proliferation of the commercial aerospace segment, rise in air cargo, and continued use of older fleet of aircraft that require maintenance, repair, and overhaul of its parts.

Initiatives for innovations in processes of the chemicals sector serving the aerospace industry are creating new frontiers in the aerospace & defense chemical distribution market. The digitization of manufacturing of chemicals is anticipated to have a profound impact on the distribution lifecycle of aerospace chemical products. Chemical companies in India that serve the aerospace industry are leveraging the opportunity to increase the need of digitization of distribution of chemicals for the aerospace industry. This is in line with the ongoing Digital India movement for improved process productivity.

The aerospace & defense chemical distribution market is projected to cross US$ 1.8 Bn by 2031.

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Aerospace & Defense Chemical Distribution Market – Key Findings of Report

Advantages of Cost and Short Lead Cycle of FAA Approved Products to Offer Opportunities

The aerospace & defense sector displays demand for custom packaging and custom quantity of aerospace adhesives and sealants. In order to serve this, some companies involved in the chemical distribution chain are working along with OEMs, large corporations, and small maintenance shops for custom quantities and custom packaging. The collaboration of NSL Aerospace – an aircraft adhesive and sealant sourcing, packaging, and distribution enterprise with different sizes of packaging companies is an example.

The increasing availability of Federal Aviation Administration (FAA)– approved products is favoring the growth of the aerospace & defense chemical distribution market. Moreover, FAA certified sealants are emerging as an alternative to PRC/PPG sealants with advantages of cost savings and smaller lead cycles. The use of high strength PMA silicones to produce aerospace sealants is what manufacturers are engaged in to some extent.

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Demand for Specialty Chemicals for Array of Applications to Fuel Market Growth

The aerospace & defense sector witnesses demand for specialty chemicals for plating, cleaning, and conversion coating applications. This involves the use of specialty chemicals for surface treatments and preparation chemicals for multiple applications. For instance, specialty chemicals are used for paints and coatings of cabin interiors and internal & external structures of aircraft.

Expansion of Military Fleet to Bolster Demand

The expansion of aircraft fleet for defense, especially in emerging economies is creating the demand for aviation chemicals. This, in turn, is boosting the chemical distribution chain for the aerospace & defense industry sector.

The development of highly advanced airplanes for military use is fuelling the demand for aviation chemicals. Innovations in combat helicopters are based on a number of latest technologies, and expanding air cargo fleet for the defense sector require several aviation chemicals. This is creating opportunities in the aerospace & defense chemical distribution market.

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Aerospace & Defense Chemical Distribution Market – Growth Drivers

• Expansion of defense budgets by several governments to address the rising security threat is propelling the aerospace and defense chemical distribution market
• Demand for aerospace and defense chemicals due to their properties to provide corrosion and heat resistance to the inside and outside of aircraft fuels the growth of the aerospace & defense chemical distribution market

Aerospace & Defense Chemical Distribution Market – Key Players

Some of the key players operating in the aerospace & defense chemical distribution market are Univar Solutions Inc., Boeing Distribution Services Inc., AVIOCOM B.V., Aviation Chemical solutions Inc., Sky Mart Sales Corp., Aerospace Chemical Supplies Ltd, Aviall Inc., Westco Aircraft Holdings Inc., Jaco Aerospace, GracoRoberts, Spectrum Aerospace GmbH, and AirChem Consumables.

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Aerospace & Defense Chemical Distribution Market is segmented as follows;

Aerospace & Defense Chemical Distribution Market, by Product

• Lubricants & Greases
• Oils & Hydraulic Fluids
• Adhesives & Sealants
• Paints & Coatings
• Cleaners & Solvents
• Others (including Wax and Polish)

Aerospace & Defense Chemical Distribution Market, by Distribution Channel

• OEM
• Aftermarket

Aerospace & Defense Chemical Distribution Market, by End-use

• Aerospace
• Defense

Aerospace & Defense Chemical Distribution Market, by Region

• Global
• North America
• U.S.
• Canada
• Asia Pacific
• Japan
• China
• India
• ASEAN
• Rest of Asia Pacific

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