North America Aerospace Sector Witnessed High Demand for Specialty Chemicals

Since aircraft and military vehicles are exposed to harsh climatic conditions, the demand for specialty chemicals is surging in the aerospace & defense chemical distribution market. As such, strategic collaborations is one of the most prominent trends, which is driving a change in the market landscape. This explains why the market for aerospace & defense chemical distribution is estimated to reach a value of ~US$ 2 Bn by the end of 2027. Hence, companies are adopting the strategy of mergers & collaborations to meet end user demands. For instance, Graco- a leading supplier of fluid management products, has announced the acquisition of E.V. Roberts,  a manufacturer and distributor of materials for aerospace and electronics to serve the North America aerospace sector. This is well-justified since the aerospace & defense chemical distribution market in North America is estimated to generate the highest revenue.

Companies in the market for aerospace & defense chemical distribution are increasing their efforts to increase the availability of specialty chemicals.

aerospace defense chemical distribution infographic

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Companies Provide Customizable Supply Chain Solutions to Offer Novel Military Products

Airframes of defense equipment are vulnerable to metal corrosion and malfunctioning of components. Hence, companies in the market for aerospace & defense chemical distribution are increasing efforts to become leaders in end-to-end customizable supply chain solutions. For instance, Pattonair— a leading aerospace and defense supply chain service provider, announced to acquire Wesco Aircraft Holdings Inc., an aerospace industry expert in operational performance, to emerge as a highly diversified provider of customizable supply chain solutions with an extensive product range. As such, the revenue of aerospace end use segment is predicted for aggressive growth in the market for aerospace & defense chemical distribution.

Strategic collaborations are playing an instrumental role in serving a large pool of customers and strengthening supply chains with world’s leading aerospace and defense OEMs in the aerospace & defense chemical distribution market. Companies in the aerospace & defense chemical distribution market are increasing their efficacy in novel aerospace products such as SKUs (Stock-Keeping Units) used in the production of commercial and military aircraft, including airframes, engines, and hydraulic units, among others.

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China’s Aerospace Industry Generates Revenue Streams through Coatings and New Material Applications

The aerospace & defense chemical distribution market is continuously growing as a result of a large pool of fragmented players who dictate ~91% of the market stake. However, China’s chemical sector dynamics might pose as a challenge for companies in the market landscape. For instance, there is a growing need to professionalize operations in China’s private-sector chemical companies. Hence, companies in the aerospace & defense chemical distribution market are encouraging manufacturers in China to embrace best business practices in decision-making and bolster their technological capabilities.

The market for aerospace & defense chemical distribution is estimated to reach an output of ~5,100 kilo tons by the end of 2027. Apart from North America and Latin America, companies are increasing their focus in countries of Asia Pacific such as China, to delve opportunities in high-tech aerospace industries. Owing to the Made in China 2025 policy launched by the Government of China, companies in the market for aerospace & defense chemical distribution are capitalizing on this trend to generate revenue streams through coating products for the country’s expanding aerospace industry.

Increased Product Availability and Custom Services to Bolster Market Growth

Companies in the aerospace & defense chemical distribution market to emerge as credible distributors of aerospace-focused specialty chemicals in North America. They are increasing efforts to offer custom value-added services that serve the ever-evolving needs of customers in North America’s defense landscape. Successful formulation, packaging, and distribution of specialty chemicals has become the key focus points for companies in the aerospace & defense chemical distribution market. Maintaining world-class quality systems and developing strong supply chains are among other pivotal roles played by companies in the global landscape.

Increasing the availability of products and services for customers has led to the establishment of a strong aerospace chemical distribution heritage in the market for aerospace & defense chemical distribution.

aerospace defense chemical distribution segmentation
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Analysts’ Viewpoint

The aerospace & defense chemical distribution market is estimated to progress at a modest CAGR of ~5% during the forecast period. Strategic collaboration is one of the prominent trends that is fueling market growth. Hence, partner companies are providing growth capital to fund the acquisition, and better serve customers and suppliers with more products and end-to-end customizable supply chain solutions.

Though the demand for specialty chemicals is surging in North America’s aerospace industry, challenges such as metal corrosion and malfunctioning of components are likely to slow down market growth. As suggested by the Sustainability Accounting Standards Board (SASB), companies should aim to comply with multiple regulatory standards in the markets they serve, including safety, emissions control, and appropriate chemical use.

Aerospace & Defense Chemical Distribution Market: Overview

  • Aircraft and military vehicles are exposed to temperature changes and severe climatic conditions. This may lead to metal corrosion or malfunctioning of components. Aviation and defense chemicals are primarily used for polishing, coating, corrosion control, environmental maintenance, pest control, etc. in aircraft and other vehicles. These chemicals help improve various physical and chemical characteristics of aircraft components, thereby enabling aircraft to function smoothly.
  • Airframes of defense equipment and devices are vulnerable parts. Manufacturers use high-quality chemical substances to protect these parts. This is driving the global aerospace & defense chemical distribution market. The need for regular inspection of defense technologies has boosted the aerospace & defense chemical distribution market.
  • Rise in number of airplanes for military purposes can be ascribed to the introduction of combat helicopters into armed forces of various countries. Different types of aviation chemicals are employed in technological advancements in airplanes. This is propelling the aerospace & defense chemical distribution market. However, high investment and manpower safety requirement is a major factor restraining the aerospace & defense chemical distribution market. This hampers the entry of new players in the aerospace & defense chemical distribution market. 
  • In terms of value, the global aerospace & defense chemical distribution market is anticipated to expand at a CAGR of ~5% during the forecast period to reach ~US$ 2 Bn by 2027
  • Asia Pacific was the prominent region of the global aerospace & defense chemical distribution market in 2018. The aerospace & defense chemical distribution market in the region is expected to expand at a CAGR of more than 6.5% between 2019 and 2027.
  • North America is one of the key consumers of aerospace and defense chemicals across the globe, owing to the increase in adoption of various industrial chemicals in the aerospace and defense sector in the region. The U.S. is a vital consumer of aerospace & defense chemical distribution systems in North America, led by the presence of key players in these countries.
  • Increase in demand for aerospace and defense chemicals in the commercial aviation sector is another prominent factor anticipated to drive the aerospace & defense chemical distribution market during the forecast period

Rise in Demand for Cleaners and Solvents in Aerospace & Defense Sector

  • Based on product, cleaners & solvents was the major segment with more than 35% share of the global aerospace & defense chemical distribution market in 2018. It is estimated to maintain its dominance between 2019 and 2027. Cleaners and solvents are employed to protect aircraft parts from corrosion, chemicals, and harsh weather conditions. The cleaners & solvents segment is projected to expand at a substantial pace during the forecast period, owing to the widespread use of cleaners and solvents.

Increase in Demand for Aerospace and Defense Chemicals in Interiors

  • In terms of application, interiors was a highly lucrative segment of the global aerospace & defense chemical distribution market in 2018. This trend is likely to continue throughout the forecast period. Significant usage of aerospace and defense chemicals for cleaning, coating, and finishing in the interiors segment is a major factor anticipated to drive the aerospace & defense chemical distribution market during the forecast period. Rise in demand for aerospace and defense chemicals in other applications such as airframes, systems, and engines is also estimated to boost the global aerospace & defense chemical distribution market during the forecast period. The systems segment includes lubricants, greases, oils, and hydraulic fluids. These are extensively employed in the production of aircraft systems such as landing gears, bleed systems, cooling systems, hydraulics, and flight controls.

Demand for Aerospace & Defense Chemicals to Rise in Aftermarket

  • Based on distribution channel, aftermarket was a highly lucrative segment of the global aerospace & defense chemical distribution market in 2018. This trend is expected to continue during the forecast period. Expansion in the commercial aircraft industry and increase in aging of commercial aircraft are driving the aftermarket segment. Furthermore, rise in need for timely maintenance, repair, and overhaul (MRO) services is anticipated to propel the aftermarket segment of the global aerospace & defense chemical distribution market during the forecast period.

Growth in Demand for Aerospace and Defense Chemicals in Aerospace Industry

  • Based on end use, aerospace was a highly lucrative segment of the global aerospace & defense chemical distribution market in 2018. This trend is expected to continue throughout the forecast period. In terms of volume, the defense segment accounted for considerable share of the global aerospace & defense chemical distribution market in 2018. Chemicals such as paints, coatings, oils, and hydraulic fluids help in maintenance of engines; withstanding extreme changes in temperature; and providing protection against ultraviolet (UV) light and weathering of aircraft parts. This is estimated to boost the demand for paints, coatings, oils, and hydraulic fluids in the near future.

Key Regional Highlights of Aerospace & Defense Chemical Distribution Market

  • In terms of volume, North America constituted major share of the global aerospace & defense chemical distribution market in 2018. This can be ascribed to extensive growth of the aerospace & defense sector and technological advancements in the region. Demand for aerospace and defense chemicals is high in North America. The region is poised to continue to dominate the global market during the forecast period, due to the rising demand for aerospace and defense chemicals in aircraft and helicopters.
  • Rise in production of aircraft in North America is expected to drive the demand for paints, coatings, adhesives, sealants, cleaners, and solvents in the near future. This, in turn, is projected to drive the aerospace & defense chemical distribution market in the region during the forecast period.

Aerospace & Defense Chemical Distribution Market: Competition Landscape

  • Manufacturers are focusing on expanding their production capacities for aerospace and defense chemicals in order to meet the demand for these chemicals among product manufacturers
  • Key players operating in the global aerospace & defense chemical distribution market are
    • Univar Solutions Inc.
    • Wesco Aircraft Holdings Inc.
    • Boeing Distribution Services Inc.
    • Jaco Aerospace
    • AVIOCOM B.V.
    • GracoRoberts
    • Aviation Chemical Solutions, Inc.
    • Spectrum Aerospace GmbH
    • Sky Mart Sales Corp
    • Ellsworth Adhesives
    • Aerospace Chemical Supplies Ltd,
    • Overlake Oil, Inc.
    • Aviall, Inc.,
    • AirChem Consumables

Aerospace & Defense Chemical Distribution Market – Scope of the Report

Transparency Market Research’s recent report on the aerospace & defense chemical distribution market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the aerospace & defense chemical distribution market analyzes the scenario for the period of 2019 to 2027, wherein 2018 is the base year. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This TMR study on the aerospace & defense chemical distribution market also provides data on the developments made by important players and stakeholders in the market, along with competitive analysis. The report also provides an understanding of the strengths, weaknesses, threats, and opportunities, along with the trends and restraints in the landscape.

This study also discusses the underlying trends and impact of various factors that are driving the aerospace & defense chemical distribution market, along with their influence on the evolution of the market.

This study also offers Porter’s Five Forces analysis, PEST analysis, aerospace & defense chemical distribution system process, and regulatory scenario of the aerospace & defense chemical distribution market in order to elaborate the crucial growth tactics and opportunities for players contributing to the market.

Key Questions Answered in Aerospace & Defense Chemical Distribution Market Report

  • How much revenue is the aerospace & defense chemical distribution market expected to generate by the end of the forecast period?
  • Which region currently accounts for the maximum share of the global aerospace & defense chemical distribution market?
  • What are the indicators expected to drive the aerospace & defense chemical distribution market?
  • Which region is likely to be highly lucrative during the forecast period?
  • What are the essential strategies incorporated by key stakeholders in the aerospace & defense chemical distribution market to expand their geographical presence?
  • What are the major advancements in the aerospace & defense chemical distribution market?

This report answers these questions about the aerospace & defense chemical distribution market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Aerospace & Defense Chemical Distribution Market: Research Methodology

This TMR report on the aerospace & defense chemical distribution market is based on a complete and comprehensive evaluation of the market, supported by secondary and primary sources. The competitive scenario of the aerospace & defense chemical distribution market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the aerospace & defense chemical distribution market arrived at predictions and estimations, and calculated the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers of the aerospace & defense chemical distribution market, with both the bottom-up and top-down approaches.

This detailed assessment of the aerospace & defense chemical distribution market, along with an overview of the landscape, is provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the aerospace & defense chemical distribution market is set to grow are based on carefully vetted primary and secondary sources.

Aerospace & Defense Chemical Distribution Market: Segmentation

This report on the aerospace & defense chemical distribution market provides information based on product, application, distribution channel, end use, and region.

Product

Lubricants & Greases

Oils & Hydraulic Fluids

Adhesives & Sealants

Paints & Coatings

Cleaners & Solvents

Others (including Wax, Polish, and Corrosion Inhibitors)

Application

Airframes

Systems

Engines

Interiors

Distribution Channel

OEM

Aftermarket

End Use

Aerospace

Commercial Aircraft

General Aviation

Unmanned Aerial Vehicles (UAVs)

Defense

Military Aircraft

Military Vehicles

Unmanned Aerial Vehicles (UAVs)

Tanks

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Aerospace And Defense Chemical Distribution Market

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