Global Military Propellants and Explosives Competitive Landscape Professional Research Report 2025

Global Military Propellants and Explosives Competitive Landscape Professional Research Report 2025



Research Summary

Military propellants and explosives refer to specialized chemical substances used by military forces for various applications, including propulsion, munitions, and demolition. Propellants are energetic materials specifically designed for generating thrust in rocket engines, jet engines, and firearms. They undergo controlled combustion or deflagration to produce high-pressure gases, propelling projectiles or vehicles. Propellants can be categorized into different types, such as solid propellants, liquid propellants, and hybrid propellants. Explosives, on the other hand, are chemical compounds that undergo rapid and violent decomposition, releasing large amounts of energy in the form of a shockwave, heat, and gases. Military explosives are utilized for a wide range of purposes, including manufacturing bombs, grenades, artillery shells, and landmines. They are designed to deliver a specific level of destruction or fragmentation upon detonation. These propellants and explosives undergo rigorous testing, quality control, and safety procedures to ensure reliable and controlled performance while minimizing the risk of accidental detonation or misuse. Proper handling, storage, and transportation protocols are implemented to ensure the safety of military personnel and surrounding areas where these materials are employed.

According to DIResearch's in-depth investigation and research, the global Military Propellants and Explosives market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Military Propellants and Explosives include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, BAE Systems, Forcit, Serbian defence industrial facilities, Solar Group, NITRO-CHEM, Poongsan Defense etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Military Propellants and Explosives. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Military Propellants and Explosives market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Military Propellants and Explosives market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Military Propellants and Explosives industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Military Propellants and Explosives Include:

Explosia

Pakistan Ordnance Factories

Australian Munitions

Eurenco

General Dynamics

MAXAM Corp

Rheinmetall Defence

BAE Systems

Forcit

Serbian defence industrial facilities

Solar Group

NITRO-CHEM

Poongsan Defense

Military Propellants and Explosives Product Segment Include:

Military Propellants

Military Explosives

Military Propellants and Explosives Product Application Include:

Aerospace

Defense

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Military Propellants and Explosives Capacity and Production Analysis

Chapter 3: Global Military Propellants and Explosives Industry PESTEL Analysis

Chapter 4: Global Military Propellants and Explosives Industry Porter's Five Forces Analysis

Chapter 5: Global Military Propellants and Explosives Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Military Propellants and Explosives Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Military Propellants and Explosives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Military Propellants and Explosives Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources


1 Military Propellants and Explosives Market Overview
1.1 Product Definition and Statistical Scope
1.2 Military Propellants and Explosives Product by Type
1.2.1 Military Propellants
1.2.2 Military Explosives
1.3 Military Propellants and Explosives Product by Application
1.3.1 Aerospace
1.3.2 Defense
1.4 Global Military Propellants and Explosives Market Revenue and Sales Analysis
1.4.1 Global Military Propellants and Explosives Revenue Market Size Analysis (2020-2032)
1.4.2 Global Military Propellants and Explosives Sales Market Size Analysis (2020-2032)
1.4.3 Global Military Propellants and Explosives Market Sales Price Trend Analysis (2020-2032)
1.5 Military Propellants and Explosives Industry Trends and Innovation
1.5.1 Military Propellants and Explosives Industry Trends and Innovation
1.5.2 Military Propellants and Explosives Market Drivers and Challenges
2 Global Military Propellants and Explosives Capacity and Production Analysis
2.1 Global Military Propellants and Explosives Capacity, Production and Utilization (2020-2032)
2.2 Global Military Propellants and Explosives Production Growth Trend by Region: 2024 VS 2025 VS 2030
2.3 Global Military Propellants and Explosives Production by Region
2.3.1 Global Military Propellants and Explosives Production by Region (2020-2025)
2.3.2 Global Military Propellants and Explosives Production Forecast by Region (2026-2032)
2.3.3 Global Military Propellants and Explosives Production Market Share by Region (2020-2032)
3 Military Propellants and Explosives Market PESTEL Analysis
3.1 Political Factors Analysis
3.2 Economic Factors Analysis
3.3 Social Factors Analysis
3.4 Technological Factors Analysis
3.5 Environmental Factors Analysis
3.6 Legal Factors Analysis
4 Military Propellants and Explosives Market Porter's Five Forces Analysis
4.1 Competitive Rivalry
4.2 Threat of New Entrants
4.3 Bargaining Power of Suppliers
4.4 Bargaining Power of Buyers
4.5 Threat of Substitutes
5 Global Military Propellants and Explosives Market Analysis by Regions
5.1 Military Propellants and Explosives Overall Market: 2024 VS 2025 VS 2032
5.2 Global Military Propellants and Explosives Revenue and Forecast Analysis (2020-2032)
5.2.1 Global Military Propellants and Explosives Revenue and Market Share by Region (2020-2025)
5.2.2 Global Military Propellants and Explosives Revenue and Market Forecast by Region (2026-2032)
5.3 Global Military Propellants and Explosives Sales and Forecast Analysis (2020-2032)
5.3.1 Global Military Propellants and Explosives Sales and Market Share by Region (2020-2025)
5.3.2 Global Military Propellants and Explosives Sales and Market Forecast by Region (2026-2032)
5.4 Global Military Propellants and Explosives Sales Price Trend Analysis (2020-2032)
6 Global Military Propellants and Explosives Market Size by Type and Application
6.1 Global Military Propellants and Explosives Market Size by Type
6.1.1 Global Military Propellants and Explosives Revenue and Forecast Analysis by Type (2020-2032)
6.1.2 Global Military Propellants and Explosives Sales and Forecast Analysis by Type (2020-2032)
6.2 Global Military Propellants and Explosives Market Size by Application
6.2.1 Global Military Propellants and Explosives Revenue and Forecast Analysis by Application (2020-2032)
6.2.2 Global Military Propellants and Explosives Sales and Forecast Analysis by Application (2020-2032)
7 North America
7.1 North America Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
7.2 North America Key Manufacturers Analysis
7.3 North America Military Propellants and Explosives Market Size by Type
7.3.1 North America Military Propellants and Explosives Sales by Type (2020-2032)
7.3.2 North America Military Propellants and Explosives Revenue by Type (2020-2032)
7.4 North America Military Propellants and Explosives Market Size by Application
7.4.1 North America Military Propellants and Explosives Sales by Application (2020-2032)
7.4.2 North America Military Propellants and Explosives Revenue by Application (2020-2032)
7.5 North America Military Propellants and Explosives Market Size by Country
7.5.1 US
7.5.2 Canada
8 Europe
8.1 Europe Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
8.2 Europe Key Manufacturers Analysis
8.3 Europe Military Propellants and Explosives Market Size by Type
8.3.1 Europe Military Propellants and Explosives Sales by Type (2020-2032)
8.3.2 Europe Military Propellants and Explosives Revenue by Type (2020-2032)
8.4 Europe Military Propellants and Explosives Market Size by Application
8.4.1 Europe Military Propellants and Explosives Sales by Application (2020-2032)
8.4.2 Europe Military Propellants and Explosives Revenue by Application (2020-2032)
8.5 Europe Military Propellants and Explosives Market Size by Country
8.5.1 Germany
8.5.2 France
8.5.3 United Kingdom
8.5.4 Italy
8.5.5 Spain
8.5.6 Benelux
9 China
9.1 China Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
9.2 China Key Manufacturers Analysis
9.3 China Military Propellants and Explosives Market Size by Type
9.3.1 China Military Propellants and Explosives Sales by Type (2020-2032)
9.3.2 China Military Propellants and Explosives Revenue by Type (2020-2032)
9.4 China Military Propellants and Explosives Market Size by Application
9.4.1 China Military Propellants and Explosives Sales by Application (2020-2032)
9.4.2 China Military Propellants and Explosives Revenue by Application (2020-2032)
10 APAC (excl. China)
10.1 APAC (excl. China) Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
10.2 APAC (excl. China) Key Manufacturers Analysis
10.3 APAC (excl. China) Military Propellants and Explosives Market Size by Type
10.3.1 APAC (excl. China) Military Propellants and Explosives Sales by Type (2020-2032)
10.3.2 APAC (excl. China) Military Propellants and Explosives Revenue by Type (2020-2032)
10.4 APAC (excl. China) Military Propellants and Explosives Market Size by Application
10.4.1 APAC (excl. China) Military Propellants and Explosives Sales by Application (2020-2032)
10.4.2 APAC (excl. China) Military Propellants and Explosives Revenue by Application (2020-2032)
10.5 APAC (excl. China) Military Propellants and Explosives Market Size by Country
10.5.1 Japan
10.5.2 South Korea
10.5.3 India
10.5.4 Australia
10.5.5 Southeast Asia
11 Latin America
11.1 Latin America Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
11.2 Latin America Key Manufacturers Analysis
1`.3 Latin America Military Propellants and Explosives Market Size by Type
11.3.1 Latin America Military Propellants and Explosives Sales by Type (2020-2032)
11.3.2 Latin America Military Propellants and Explosives Revenue by Type (2020-2032)
11.4 Latin America Military Propellants and Explosives Market Size by Application
11.4.1 Latin America Military Propellants and Explosives Sales by Application (2020-2032)
11.4.2 Latin America Military Propellants and Explosives Revenue by Application (2020-2032)
11.5 Latin America Military Propellants and Explosives Market Size by Country
11.6 Latin America Military Propellants and Explosives Market Size by Country
11.6.1 Mexico
11.6.2 Brazil
12 Middle East & Africa
12.1 Middle East & Africa Military Propellants and Explosives Market Size and Growth Rate Analysis (2020-2032)
12.2 Middle East & Africa Key Manufacturers Analysis
12.3 Middle East & Africa Military Propellants and Explosives Market Size by Type
12.3.1 Middle East & Africa Military Propellants and Explosives Sales by Type (2020-2032)
12.3.2 Middle East & Africa Military Propellants and Explosives Revenue by Type (2020-2032)
12.4 Middle East & Africa Military Propellants and Explosives Market Size by Application
12.4.1 Middle East & Africa Military Propellants and Explosives Sales by Application (2020-2032)
12.4.2 Middle East & Africa Military Propellants and Explosives Revenue by Application (2020-2032)
12.5 Middle East Military Propellants and Explosives Market Size by Country
12.5.1 Saudi Arabia
12.5.2 South Africa
13 Competition by Manufacturers
13.1 Global Military Propellants and Explosives Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
13.1.1 Global Military Propellants and Explosives Market Sales by Key Manufacturers (2021-2025)
13.1.2 Global Military Propellants and Explosives Market Revenue by Key Manufacturers (2021-2025)
13.1.3 Global Military Propellants and Explosives Average Sales Price by Manufacturers (2021-2025)
13.2 Military Propellants and Explosives Competitive Landscape Analysis and Market Dynamic
13.2.1 Military Propellants and Explosives Competitive Landscape Analysis
13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
13.2.3 Market Dynamic
14 Key Companies Analysis
14.1 Explosia
14.1.1 Explosia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.1.2 Explosia Military Propellants and Explosives Product Portfolio
14.1.3 Explosia Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.2 Pakistan Ordnance Factories
14.2.1 Pakistan Ordnance Factories Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.2.2 Pakistan Ordnance Factories Military Propellants and Explosives Product Portfolio
14.2.3 Pakistan Ordnance Factories Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.3 Australian Munitions
14.3.1 Australian Munitions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.3.2 Australian Munitions Military Propellants and Explosives Product Portfolio
14.3.3 Australian Munitions Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.4 Eurenco
14.4.1 Eurenco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.4.2 Eurenco Military Propellants and Explosives Product Portfolio
14.4.3 Eurenco Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.5 General Dynamics
14.5.1 General Dynamics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.5.2 General Dynamics Military Propellants and Explosives Product Portfolio
14.5.3 General Dynamics Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.6 MAXAM Corp
14.6.1 MAXAM Corp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.6.2 MAXAM Corp Military Propellants and Explosives Product Portfolio
14.6.3 MAXAM Corp Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.7 Rheinmetall Defence
14.7.1 Rheinmetall Defence Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.7.2 Rheinmetall Defence Military Propellants and Explosives Product Portfolio
14.7.3 Rheinmetall Defence Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.8 BAE Systems
14.8.1 BAE Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.8.2 BAE Systems Military Propellants and Explosives Product Portfolio
14.8.3 BAE Systems Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.9 Forcit
14.9.1 Forcit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.9.2 Forcit Military Propellants and Explosives Product Portfolio
14.9.3 Forcit Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.10 Serbian defence industrial facilities
14.10.1 Serbian defence industrial facilities Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.10.2 Serbian defence industrial facilities Military Propellants and Explosives Product Portfolio
14.10.3 Serbian defence industrial facilities Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.11 Solar Group
14.11.1 Solar Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.11.2 Solar Group Military Propellants and Explosives Product Portfolio
14.11.3 Solar Group Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.12 NITRO-CHEM
14.12.1 NITRO-CHEM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.12.2 NITRO-CHEM Military Propellants and Explosives Product Portfolio
14.12.3 NITRO-CHEM Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.13 Poongsan Defense
14.13.1 Poongsan Defense Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.13.2 Poongsan Defense Military Propellants and Explosives Product Portfolio
14.13.3 Poongsan Defense Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
15 Industry Chain Analysis
15.1 Military Propellants and Explosives Industry Chain Analysis
15.2 Military Propellants and Explosives Industry Raw Material and Suppliers Analysis
15.2.1 Military Propellants and Explosives Key Raw Material Supply Analysis
15.2.2 Raw Material Suppliers and Contact Information
15.3 Military Propellants and Explosives Typical Downstream Customers
15.4 Military Propellants and Explosives Sales Channel Analysis
16 Research Findings and Conclusion
17 Methodology and Data Source
17.1 Methodology/Research Approach
17.2 Research Scope
17.3 Benchmarks and Assumptions
17.4 Date Source
17.4.1 Primary Sources
17.4.2 Secondary Sources
17.5 Data Cross Validation
17.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings