Deicing Fluid Market Size, Share, Demand & Growth by 2032
The global deicing fluid market size was worth US$ 5.3 Billion in the year 2022 and is expected to reach US$ 8.8 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032. Deicing fluids come across as critical chemicals used in the aviation vertical in cold climates around the world. Growing demand for such fluids is accelerating the deicing fluid market. They are categorized as Type I, Type II, Type III, and Type IV on the basis of their composition chemicals, and physical qualities. This could be credited to growing awareness about the product, continued expansion of the aviation sector, increasing freight carrying through airways, and rising number of strategic partnerships. Both – governments and private sectors are extending support to the deicing fluid market for having the aviation vertical in shape. Deicing fluids constitute glycols, salts, and alcohol. They do reduce water’s freezing point. Mechanical deicing procedures constitute pressing and...