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Aerospace & Defense Chemical Distribution Market - By Product (Adhesives & Sealants, Paints & Coatings, Lubricants & Greases, Oils & Hydraulic Fluids, Cleaners & Solvents), By Application (Airframe, System, Engine, Interiors), By Distribution Channel & Forecast, 2024 – 2032

  • Report ID: GMI4328
  • Published Date: Sep 2024
  • Report Format: PDF

Aerospace & Defense Chemical Distribution Market Size

Aerospace & Defense Chemical Distribution Market was valued at around USD 5.06 billion in 2023 and is expected to register a CAGR of over 4.2% between 2024 and 2032.
 

Aerospace & Defense Chemical Distribution Market

Paints and coatings are widely used in the aerospace and defense chemical distribution market due to their essential role in protecting aircraft and military equipment from harsh environmental conditions, corrosion, and wear. These coatings provide a barrier against moisture, UV radiation, and chemical exposure, extending the lifespan and maintaining the integrity of critical components. Additionally, specialized coatings such as radar-absorbing materials (RAM) are used to enhance stealth capabilities in defense applications, making them a crucial part of the industry’s focus on performance, safety, and durability.
 

In 2023, the global paint and coatings industry was estimated to be worth approximately USD 179.98 billion. This significant valuation highlights the critical role of paints and coatings, particularly in the aerospace & defense chemical distribution industry, where they are essential for protecting equipment and enhancing performance. The industry's substantial size underscores the growing demand for specialized coatings that meet the stringent requirements of aerospace and defense applications, further driving innovation and growth in this sector.
 

Fluctuating raw material prices are a significant challenge in the market. The costs of key materials, such as solvents, resins, and specialty chemicals, are subject to volatility due to supply chain disruptions, geopolitical tensions, and changing regulatory environments. These price swings can increase production costs and reduce profit margins, making it difficult for manufacturers to maintain consistent pricing and supply. Consequently, this volatility acts as a restraint on the market's overall growth and stability.
 

Aerospace & Defense Chemical Distribution Market Trends

Increasing defense budgets globally are significantly impacting the aerospace & defense chemical distribution industry. As countries allocate more funds to enhance their military capabilities, there is a growing demand for advanced materials and chemicals used in the production, maintenance, and protection of defense equipment. This includes high-performance coatings, adhesives, and lubricants essential for aircraft, vehicles, and weaponry. The focus on modernization and the development of cutting-edge technology in defense sectors worldwide is driving the need for specialized chemical solutions. This upward trend in defense spending acts as a key driver for the market, fueling its growth and innovation.
 

The growing demand for commercial air travel is having a profound impact on the aerospace & defense chemical distribution market. As global economies recover and air travel increases, airlines are expanding their fleets and modernizing existing aircraft to meet the rising passenger demand. This surge in air travel necessitates a steady supply of high-quality chemicals and materials, including coatings, adhesives, and lubricants, to ensure aircraft performance, safety, and longevity. Additionally, the push for more fuel-efficient and environmentally friendly planes drives the development of advanced materials that reduce weight and improve fuel efficiency. The increasing need for maintenance and repair of a larger number of active aircraft further boosts the demand for these specialized chemicals. Overall, this expansion in commercial air travel acts as a strong driver for the market, promoting growth and innovation.
 

Aerospace & Defense Chemical Distribution Market Analysis

Aerospace & Defense Chemical Distribution Market, By Product, 2021 - 2032 (USD Billion)

Based on product, the market is divided into adhesives & sealants, paints & coatings, lubricants & greases, oils & hydraulic fluids, and cleaners & solvents. Paints & coatings held the dominant market value of USD 1.77 billion in 2023 and expected to reach USD 2.65 billion by 2032. Paints and coatings dominate the aerospace & defense chemical distribution industry due to their critical role in protecting aircraft and defense equipment from environmental factors, such as corrosion, extreme temperatures, and UV radiation. These coatings enhance durability, reduce maintenance needs, and contribute to the overall safety and longevity of high-value assets. Additionally, specialized coatings, like anti-corrosive and stealth coatings, are essential for meeting the stringent performance and regulatory requirements in the aerospace and defense sectors, making them a dominant force in the market.
 

Aerospace & Defense Chemical Distribution Market, By Application, (2023)

Based on application, the market is categorized into airframe, system, engine and interiors. Airframe accounted for 36% market share in 2023 and is projected to grow significantly up to 2032. The airframe segment dominates the aerospace & defense chemical distribution market because it requires a wide range of specialized chemicals and materials to ensure the structural integrity, safety, and performance of aircraft. From lightweight composites and high-strength adhesives to corrosion-resistant coatings, these chemicals are essential for constructing and maintaining airframes that can withstand extreme conditions and stresses. The critical role of the airframe in determining an aircraft's overall durability and performance drives consistent demand for these materials, securing its dominance in the market.
 

Based on distribution channel, the market is categorized into OEM and aftermarket. Aftermarket accounted for 63.7% market share in 2023 and is projected to grow significantly till 2032. The aftermarket segment dominates the market due to its focus on maintenance, repair, and overhaul (MRO) services. As aircraft and defense equipment require ongoing upkeep to maintain operational safety and efficiency, there is a constant demand for replacement parts, specialized chemicals, and maintenance products. The need for regular maintenance and the replacement of worn-out components ensures a steady flow of aftermarket chemicals, driving their dominance in the market. This segment's importance in extending the lifecycle and performance of high-value assets solidifies its leading position.
 

Based on end-user, the market is categorized into commercial, military, spaceship and others. Commercial accounted for 70% market share in 2023 and is projected to grow significantly till 2032. The commercial sector dominates the overall market due to the high volume of commercial aircraft in operation worldwide. The growth of global air travel drives significant demand for chemicals used in manufacturing, maintaining, and repairing commercial aircraft. These chemicals, including coatings, lubricants, and adhesives, are essential for ensuring the safety, performance, and longevity of commercial fleets. Additionally, the constant need for maintenance and upgrades to meet regulatory standards further amplifies the demand in the commercial aviation sector, solidifying its dominant position in the market.
 

North America Aerospace & Defense Chemical Distribution Market, 2021 - 2032 (USD Billion)

North America has significant market share in the global market in 2023. It generated a revenue of USD 2.21 billion in 2023. North America dominates the aerospace & defense chemical distribution market due to its strong aerospace and defense industry base, with numerous leading manufacturers and defense contractors headquartered in the region. The U.S. and Canada invest heavily in advanced aerospace technologies and defense capabilities, driving high demand for specialized chemicals and materials used in aircraft and defense systems. Additionally, robust research and development activities and significant defense budgets support market growth.
 

In the U.S., substantial defense spending and a large fleet of commercial and military aircraft contribute to the high demand for aerospace chemicals. The country’s extensive network of aerospace manufacturers and defense contractors reinforces its market dominance. Canada also plays a significant role, with investments in aerospace innovation and defense programs driving demand for specialized chemical products. Both countries' strong regulatory frameworks and technological advancements further enhance their positions in the market.
 

Aerospace & Defense Chemical Distribution Market Share

Aerospace & Defense Chemical Distribution Market Company Share, (2023)

Aero Hardware & Parts Company, Aerospace Chemical Supplies Ltd, Aviall, Inc., Aviation Chemicals Solutions, Inc., Aviocom B.V.collectively dominate the aerospace & defense chemical distribution industry with their extensive industry experience, innovative product offerings, and widespread global presence.
 

Aero Hardware & Parts Company plays a vital role in the market by providing a wide range of specialized chemicals and parts essential for aircraft maintenance and repairs. Their comprehensive inventory supports both commercial and military aircraft, ensuring the availability of critical materials. Aerospace Chemical Supplies Ltd is a key player in the market, offering a diverse portfolio of aerospace-grade chemicals, including coatings and lubricants. Their focus on high-quality, performance-driven products meets the rigorous standards required for aerospace and defense applications.
 

Aviall, Inc., a leading provider of aviation parts and services, also supplies a broad range of aerospace chemicals. Their extensive distribution network and strong partnerships with major aircraft manufacturers make them a significant contributor to maintaining and enhancing aircraft performance. Aviation Chemicals Solutions, Inc. specializes in supplying advanced chemical solutions tailored to the aerospace industry. Their offerings, including specialized coatings and cleaning agents, are crucial for the upkeep and operational efficiency of both commercial and defense aircraft. Aviocom B.V. delivers specialized chemicals and solutions for the aerospace sector, emphasizing innovative products that address the unique demands of aircraft maintenance and defense applications. Their expertise in aerospace chemistry supports enhanced durability and performance of aerospace components. With a commitment to innovation and sustainability, the company plays a pivotal role in driving the growth and advancements in the market, further solidifying its position as a key player in the market.
 

These market leaders collectively shape the competitive landscape of the aerospace & defense chemical distribution industry, driving innovation, setting industry standards, and meeting the evolving demands of customers worldwide. With their focus on research and development, technological advancements, and strategic partnerships, these companies continue to expand their market share and strengthen their foothold in key regions. Their relentless pursuit of excellence, coupled with their customer-centric approach, positions them as preferred suppliers of aerospace & defense chemical distribution, contributing significantly to the growth and development of the global construction industry.
 

Aerospace & Defense Chemical Distribution Market Companies

Major players operating in the industry include:

  • Aero Hardware & Parts Company
  • Aerospace Chemical Supplies Ltd
  • Aviall, Inc.
  • Aviation Chemicals Solutions, Inc.
  • Aviocom B.V.
  • Boeing Distribution Services
  • E.V. Roberts
  • Ellsworth Adhesives
  • Graco Supply Company
  • Incora
  • Overlake Oil, Inc
  • Sky Mart Sales Corp
  • Spectrum Aerospace GmbH
  • Starry Oil Corporation
  • Univar Inc
     

Aerospace & Defense Chemical Distribution Industry News

  • In 2021, Boeing partnered with Israel-based Tactical Robotics to explore the potential of ducted fan propulsion technology for future aircraft development. The partnership aims to leverage Tactical Robotics' expertise in unmanned aerial vehicles (UAVs) and Boeing's experience in aviation technology to develop new and innovative aircraft concepts.
     
  • In 2020, Univar Solutions announced a strategic partnership with ExxonMobil Chemical to distribute Exxtral performance polyolefins in North America. The partnership aimed to strengthen Univar Solutions' position in the aerospace and defense chemical distribution market by expanding its product portfolio and geographic reach.
     

The aerospace & defense chemical distribution market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Kilo Tons) from 2021 to 2032, for the following segments:

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Market, By Product

  • Adhesives & sealants
  • Paints & coatings
  • Lubricants & greases
  • Oils & hydraulic fluids
  • Cleaners & solvents

Market, By Application

  • Airframe
  • System
  • Engine
  • Interiors

Market, By Distribution Channel

  • OEM
  • Aftermarket

Market, By End-User

  • Commercial
  • Military
  • Spaceship
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global industry size for aerospace & defense chemical distribution was valued at USD 5.06 billion in 2023 and is expected to reach USD 7.35 billion by 2032 due to their essential role in protecting aircraft and military equipment from harsh environmental conditions, corrosion, and wear.

The airframe application segment accounted for 36% of the aerospace & defense chemical distribution industry share in 2023 as it requires a wide range of specialized chemicals and materials to ensure the structural integrity, safety, and performance of aircraft.

North America industry generated a revenue of USD 2.21 billion in 2023 due to heavy investments in advanced aerospace technologies and defense capabilities

Aero Hardware & Parts Company, Aerospace Chemical Supplies Ltd, Aviall, Inc., Aviation Chemicals Solutions, Inc., Aviocom B.V., Boeing Distribution Services, E.V. Roberts, Ellsworth Adhesives, and Graco Supply Company

Aerospace & Defense Chemical Distribution Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 532
  • Countries covered: 23
  • Pages: 220
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