Press release
Global Military Propellants and Explosives Market Is Anticipated to Reach US$ 4012.3 million by 2029, growing at a CAGR of 2.6% During 2023-2029
The global Military Propellants and Explosives market size is expected to reach US$ 4012.3 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Military Propellants and Explosives in various end use industries. The expanding demands from the Aerospace and Defense, are propelling Military Propellants and Explosives market. Military Propellants, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Military Explosives segment is estimated at % CAGR for the next seven-year period.
The major manufacturers of Military Propellants and Explosives include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, etc. General Dynamics is the world leader, holding about 9% revenue market share. The global military propellants and explosives market is led by North America, it has about 40% of global military propellants and explosives consumption. Europe is the second-largest region-wise market with 25% of consumption share. Military Propellants is the main type, with a share about 80%. Defense is the main application, which holds a share about 80%.
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Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Military Propellants and Explosives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Military Propellants and Explosives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Military Propellants and Explosives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Military Propellants and Explosives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Military Propellants and Explosives covered in this report include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, BAE Systems and Forcit, etc.
The global Military Propellants and Explosives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Solar Group
Serbian defence industrial facilities
NITRO-CHEM
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)
Global Military Propellants and Explosives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Military Propellants and Explosives market, Segment by Type:
Military Propellants
Military Explosives
Global Military Propellants and Explosives market, by Application
Aerospace
Defense
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Military Propellants and Explosives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Military Propellants and Explosives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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