Market Overview:
The global fuel system icing inhibitor (FSII) market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The FSII market is expected to be valued at US$ 2,023.4 Mn by 2030 end. The growth of the global FSII market can be attributed to increasing demand for civil aircraft and military aircraft across the globe. In addition, increase in awareness about safety features offered by FSII products is also fuelling the growth of this market. However, volatility in prices of raw materials used for manufacturing FSII products may hamper the growth of this market during the forecast period. Based on type, ethylene glycol monomethyl ether segment accounted for major share of global FSII market in 2017 and it is anticipated that this segment will maintain its dominance throughout forecast period as well owing to its properties such as low freezing point and high boiling point which make it suitable for use as an anti-icing agent across various applications including civil & military aircrafts among others . Diethylene glycol monomethyl ether segment is projected grow with highest CAGR over forecast period due rising demand from emerging economies such as China , India etc .
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Product Definition:
FSII is a liquid that is sprayed into an airplane's fuel system to prevent the formation of ice crystals. These crystals can clog the system and cause the engine to fail. FSII is important because it helps keep the airplane's fuel system functioning properly in cold weather conditions.
Ethylene Glycol Monomethyl Ether:
Ethylene glycol monomethyl ether is a transparent, odorless, water-soluble liquid with a high boiling point. It has excellent solubilizing power for polar compounds and is miscible in all proportions of water. Ethylene Glycol Monomethyl Ether (EGMME) can be produced by chemical synthesis or as an intermediate in the manufacturing of other chemicals such as ethylene glycols and polyethylene terephthalate (PET).
Diethylene Glycol Monomethyl Ether:
Diethylene glycol monomethyl ether is a clear, colorless liquid with an odor similar to that of paint thinner. It has a strong tendency to form crystals and is very soluble in water. Diethylene glycol monomethyl ether (DEGME) is used as antifreeze in the automotive industry and finds application as an anti-icing agent for fuel systems in the transportation sector.
Application Insights:
The military aircraft application segment led the global market in 2017 and is projected to register a significant CAGR over the forecast period. The rising need for fuel system icing inhibitors in military aircraft due to high-performance requirements is expected to drive product demand. In addition, stringent government regulations regarding de-icing of airports and airplanes are anticipated to further boost industry growth over the coming years.
Civil aviation is one of the major sectors that contribute towards overall industry growth owing to increasing passenger traffic across various regions coupled with an increase in air transportation services between countries has resulted civil aviation being one of the highest revenue generating sectors globally. Increasing passenger traffic on account of growing middle class population along with rapid urbanization & industrialization has created a huge demand for commercial aircraft which will further augment fuel system icing inhibitor (FSII) market growth over next few years.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of aircraft manufacturers and service providers in the region. The U.S., being one of the most developed economies, has witnessed an increase in demand for air travel, which is expected to boost product demand over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions with a CAGR exceeding 5.0% from 2018 to 2030 owing to increasing military expenditure by various governments across countries such as China.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global market for fuel-efficient vehicles is expected to grow at a CAGR of more than 7% during the forecast period. This is owing to the increasing awareness among consumers about the benefits of fuel-efficient vehicles, such as lower emissions and reduced running costs. FSII helps in reducing icing formation in these engines, which leads to improved fuel efficiency.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in an effort to reduce air pollution levels. FSII helps engines run smoothly under these stringent conditions, leading to improved emissions performance and compliance with regulatory norms.
- Rising demand for hybrid and electric vehicles: The global market for hybrid and electric vehicles is expected to grow at a CAGR of more than 15% during the forecast period. This is owing to the increasing popularity of these types of vehicles due to their superior performance and low emissions levels as compared with traditional gasoline or diesel-powered cars/trucks .FSII can be used in both gasoline and diesel hybrids/electric powertrains, making it an attractive proposition for this segment of the automotive industry .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel System Icing Inhibitor (FSII) Market Research Report
By Type
Ethylene Glycol Monomethyl Ether, Diethylene Glycol Monomethyl Ether
By Application
Civil Aircraft, Military Aircraft
By Companies
Innospec, BASF, Advance Petrochemicals, Aero-Sense
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Fuel System Icing Inhibitor (FSII) Market Report Segments:
The global Fuel System Icing Inhibitor (FSII) market is segmented on the basis of:
Types
Ethylene Glycol Monomethyl Ether, Diethylene Glycol Monomethyl Ether
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Innospec
- BASF
- Advance Petrochemicals
- Aero-Sense
 Market Overview.svg)
Highlights of The Fuel System Icing Inhibitor (FSII) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethylene Glycol Monomethyl Ether
- Diethylene Glycol Monomethyl Ether
- By Application:
- Civil Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel System Icing Inhibitor (FSII) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fuel system icing inhibitor is a chemical that inhibits the formation of ice on the surfaces of fuel and air tanks.
Some of the major players in the fuel system icing inhibitor (fsii) market are Innospec, BASF, Advance Petrochemicals, Aero-Sense.
The fuel system icing inhibitor (fsii) market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel System Icing Inhibitor (FSII) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fuel System Icing Inhibitor (FSII) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel System Icing Inhibitor (FSII) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fuel System Icing Inhibitor (FSII) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fuel System Icing Inhibitor (FSII) Market Size & Forecast, 2020-2028
4.5.1 Fuel System Icing Inhibitor (FSII) Market Size and Y-o-Y Growth
4.5.2 Fuel System Icing Inhibitor (FSII) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ethylene Glycol Monomethyl Ether
5.2.2 Diethylene Glycol Monomethyl Ether
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Civil Aircraft
6.2.2 Military Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel System Icing Inhibitor (FSII) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fuel System Icing Inhibitor (FSII) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ethylene Glycol Monomethyl Ether
9.6.2 Diethylene Glycol Monomethyl Ether
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Civil Aircraft
9.10.2 Military Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ethylene Glycol Monomethyl Ether
10.6.2 Diethylene Glycol Monomethyl Ether
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Civil Aircraft
10.10.2 Military Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ethylene Glycol Monomethyl Ether
11.6.2 Diethylene Glycol Monomethyl Ether
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Civil Aircraft
11.10.2 Military Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ethylene Glycol Monomethyl Ether
12.6.2 Diethylene Glycol Monomethyl Ether
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Civil Aircraft
12.10.2 Military Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ethylene Glycol Monomethyl Ether
13.6.2 Diethylene Glycol Monomethyl Ether
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Civil Aircraft
13.10.2 Military Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fuel System Icing Inhibitor (FSII) Market: Competitive Dashboard
14.2 Global Fuel System Icing Inhibitor (FSII) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Innospec
14.3.2 BASF
14.3.3 Advance Petrochemicals
14.3.4 Aero-Sense
