Global Military Propellants and Explosives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Military Propellants and Explosives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Military propellants and explosives are substances specifically designed for use in military applications, typically for propelling projectiles, launching rockets, powering weapons systems, or causing explosions. These materials are engineered to provide controlled release of energy with specific characteristics such as high energy density, stability, and reliability under various conditions.

According to our (Global Info Research) latest study, the global Military Propellants and Explosives market size was valued at US$ 3573 million in 2023 and is forecast to a readjusted size of USD 4690 million by 2030 with a CAGR of 2.9% during review period.

Major global manufacturers of Military Propellants and Explosives include General Dynamics, Rheinmetall Defense, BAE Systems, Eurenco, Solar Group, Explosia, Chemring Nobel, etc. The top three manufacturers account for approximately 20% of the global share. North America is the world's largest market, accounting for nearly 34% of the market.

In terms of product type, military propellants occupy a dominant position, accounting for 82% of the total. At the same time, in terms of application, defense is the largest application field, accounting for 76%.

This report is a detailed and comprehensive analysis for global Military Propellants and Explosives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Military Propellants and Explosives market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Military Propellants and Explosives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Military Propellants and Explosives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Military Propellants and Explosives market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Military Propellants and Explosives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Military Propellants and Explosives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Dynamics, Rheinmetall Defence, BAE Systems, Eurenco, Solar Group, Explosia, Chemring Nobel, Pakistan Ordnance Factories, Australian Munitions, Forcit, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Military Propellants and Explosives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Military Propellants
Military Explosives

Market segment by Application
Aerospace
Defense

Major players covered
General Dynamics
Rheinmetall Defence
BAE Systems
Eurenco
Solar Group
Explosia
Chemring Nobel
Pakistan Ordnance Factories
Australian Munitions
Forcit
Prva Iskra
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Military Propellants and Explosives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Military Propellants and Explosives, with price, sales quantity, revenue, and global market share of Military Propellants and Explosives from 2019 to 2024.

Chapter 3, the Military Propellants and Explosives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Military Propellants and Explosives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Military Propellants and Explosives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Military Propellants and Explosives.

Chapter 14 and 15, to describe Military Propellants and Explosives sales channel, distributors, customers, research findings and conclusion.