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Global Military Propellants And Explosives Market Report 2025

Military Propellants And Explosives Global Market Report 2025 - By Type (Military Propellants, Military Explosives), By Composition (Single Base, Double Base, Triple Base), By Form (Powder, Gel, Other Forms), By Application (Ammunition, Missiles, Rockets, Other Applications), By End-User (Army, Navy, Air Force, Other End-Users) - Market Size, Trends, And Global Forecast 2025-2034

Military Propellants And Explosives Global Market Report 2025

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Military Propellants And Explosives Global Market Report 2025

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Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

What Is Covered Under Military Propellants And Explosives Market?

Military propellants and explosives are chemical substances used to propel projectiles or create explosive effects in weapons and defense systems. Propellants generate thrust by rapid gas release, while explosives cause sudden energy release for damage or disruption. These materials are engineered for high performance, stability, and controlled detonation in military applications.

The main types of military propellants and explosives are military propellants and military explosives. Military propellants are specialized chemical substances used in ammunition, rockets, missiles, and other military systems to generate the necessary thrust or detonation for propulsion and explosive effects. They are made using compositions such as single-base, double-base, and triple-base. These propellants are available in various forms, including powder, gel, and other forms. They are used in a range of applications, including ammunition, missiles, rockets, and other defense-related uses. The key end-users include the army, navy, air force, and other defense sectors.

Military Propellants And Explosives Market Size and growth rate 2025 to 2029: Graph

What Is The Military Propellants And Explosives Market Size 2025 And Growth Rate?

The military propellants and explosives market size has grown strongly in recent years. It will grow from $3.32 billion in 2024 to $3.49 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increasing global military expenditures, rising cross-border conflicts, expansion of defense modernization programs, increasing focus on tactical weapon systems, and rising production of conventional arms.

What Is The Military Propellants And Explosives Market Growth Forecast?

The military propellants and explosives market size is expected to see steady growth in the next few years. It will grow to $4.22 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to growing investments in precision-guided munitions, increasing demand for lightweight explosives, expansion of border security initiatives, growing emphasis on indigenous defense manufacturing, and increasing adoption of smart weapon systems. Major trends in the forecast period include technological advancements in energetic materials, rapid innovations in propellant chemistry, developments in insensitive munitions, research and development in eco-friendly explosives, and continuous innovation in propulsion techniques.

How Is The Military Propellants And Explosives Market Segmented?

The military propellants and explosives market covered in this report is segmented –

1) By Type: Military Propellants, Military Explosives

2) By Composition: Single Base, Double Base, Triple Base

3) By Form: Powder, Gel, Other Forms

4) By Application: Ammunition, Missiles, Rockets, Other Applications

5) By End-User: Army, Navy, Air Force, Other End-Users

Subsegments:

1) By Military Propellants: Solid Propellants, Liquid Propellants, Gel Propellants, Hybrid Propellants

2) By Military Explosives: High Explosives, Low Explosives, Plastic Explosives, Thermobaric Explosives, Nuclear Explosives, Chemical Explosives

What Is Driving The Military Propellants And Explosives Market? Growing Geopolitical Tensions And Conflicts Fueling The Growth Of The Market Due To Rising Defense Needs

The growing geopolitical tensions and conflicts are expected to propel the growth of the military propellants and explosives market going forward. Geopolitical tensions and conflicts refer to disputes and confrontations between nations or regions, often driven by power struggles, territorial claims, or resource competition. Th rising geopolitical tensions and conflicts are often driven by territorial disputes as nations seek to assert control over strategically important or resource-rich regions that are tied to national identity, security, or economic interests. Geopolitical tensions and conflicts have intensified the demand for advanced military propellants and explosives to enhance defense capabilities and ensure national security. For instance, in December 2024, according to the Armed Conflict Location & Event Data Project (ACLED), a US-based data collection and crisis mapping organization, at the start of 2025, conflict event rates are projected to increase by 15%, driven by a rise in bombings and battles, potentially resulting to an estimated 20,000 reported fatalities per month. Therefore, the growing geopolitical tensions and conflicts are driving the military propellants and explosives market.

Who Are The Major Players In The Global Military Propellants And Explosives Market?

Major companies operating in the military propellants and explosives market are BAE Systems plc, Thales Group, Rheinmetall Defence, Poongsan Corporation, NOF Corporation, Solar Industries India Limited, Chemring Group PLC, EURENCO (European Energetics Corporation), Premier Explosives Limited, Hodgdon Powder Company Inc., Nitro-Chem S.A., Instalaza S.A., Explosia a.s., Australian Munitions, Digital Solid State Propulsion Inc., Aryum Makina Kimya ve Ticaret Limited Sirketi, Narendra Explosives Limited, Defense Industries Organization (DIO), Bharat Explosives Limited, Engine Development and Production – EDePro

What Are The Key Trends Of The Global Military Propellants And Explosives Market? Technological Advancements In Military Propellants And Explosives To Enhance Performance And Sustainability

Major companies operating in the military propellants and explosives market are focusing on technological innovations, such as the development of new propellant formulations that eliminate the use of traditional materials. Propellant formulations are the chemical mixtures used in ammunition and rocket systems to generate the necessary thrust for propulsion. They typically consist of fuel and oxidizer components, carefully engineered to provide controlled energy release, ensuring efficiency, stability, and safety during use. For instance, in April 2025, BAE Systems, a UK-based defense and aerospace company, unveiled new explosives and propellants aimed at strengthening the UK’s munitions supply chain. It features novel formulations that reduce reliance on legacy materials and improve performance, resilience, and sustainability across munitions. These developments support emerging weapons technologies and enhance manufacturing capabilities at BAE’s Glascoed and Washington sites.

What Are Latest Mergers And Acquisitions In The Military Propellants And Explosives Market? Rheinmetall Ag Acquires Expal Systems To Enhance Munitions And Defense Capabilities

In August 2023, Rheinmetall AG, a Germany-based provider of defense technologies, weapon systems, ammunition, and military-grade explosives, acquired Expal Systems for $1.3 billion. With this acquisition, Rheinmetall aimed to expand its munitions production capacity, enhance its technological capabilities in military-grade explosives, and strengthen its position in the European and defense markets amid rising demand driven by geopolitical tensions. Expal Systems is a Spain-based provider of military explosives, propellants, munitions, and demilitarization services that operates production facilities.

What Is The Regional Outlook For The Global Military Propellants And Explosives Market?

North America was the largest region in the military propellants and explosives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the military propellants and explosives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the military propellants and explosives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Military Propellants And Explosives Market?

The military propellants and explosives market consists of sales of solid and liquid propellants, high explosives, and boosters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Military Propellants And Explosives Industry?

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    Table Of Contents

    1. Executive Summary

    2. Military Propellants And Explosives Market Characteristics

    3. Military Propellants And Explosives Market Trends And Strategies

    4. Military Propellants And Explosives Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

    5. Global Military Propellants And Explosives Growth Analysis And Strategic Analysis Framework

    5.1. Global Military Propellants And Explosives PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Military Propellants And Explosives Market Growth Rate Analysis

    5.4. Global Military Propellants And Explosives Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Military Propellants And Explosives Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Military Propellants And Explosives Total Addressable Market (TAM)

    6. Military Propellants And Explosives Market Segmentation

    6.1. Global Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Military Propellants

    Military Explosives

    6.2. Global Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Single Base

    Double Base

    Triple Base

    6.3. Global Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Powder

    Gel

    Other Forms

    6.4. Global Military Propellants And Explosives Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Ammunition

    Missiles

    Rockets

    Other Applications

    6.5. Global Military Propellants And Explosives Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Army

    Navy

    Air Force

    Other End-Users

    6.6. Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Propellants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Solid Propellants

    Liquid Propellants

    Gel Propellants

    Hybrid Propellants

    6.7. Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Explosives, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    High Explosives

    Low Explosives

    Plastic Explosives

    Thermobaric Explosives

    Nuclear Explosives

    Chemical Explosives

    7. Military Propellants And Explosives Market Regional And Country Analysis

    7.1. Global Military Propellants And Explosives Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Military Propellants And Explosives Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Military Propellants And Explosives Market

    8.1. Asia-Pacific Military Propellants And Explosives Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Military Propellants And Explosives Market

    9.1. China Military Propellants And Explosives Market Overview

    9.2. China Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Military Propellants And Explosives Market

    10.1. India Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Military Propellants And Explosives Market

    11.1. Japan Military Propellants And Explosives Market Overview

    11.2. Japan Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Military Propellants And Explosives Market

    12.1. Australia Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Military Propellants And Explosives Market

    13.1. Indonesia Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Military Propellants And Explosives Market

    14.1. South Korea Military Propellants And Explosives Market Overview

    14.2. South Korea Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Military Propellants And Explosives Market

    15.1. Western Europe Military Propellants And Explosives Market Overview

    15.2. Western Europe Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Military Propellants And Explosives Market

    16.1. UK Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Military Propellants And Explosives Market

    17.1. Germany Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Military Propellants And Explosives Market

    18.1. France Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Military Propellants And Explosives Market

    19.1. Italy Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Military Propellants And Explosives Market

    20.1. Spain Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Military Propellants And Explosives Market

    21.1. Eastern Europe Military Propellants And Explosives Market Overview

    21.2. Eastern Europe Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Military Propellants And Explosives Market

    22.1. Russia Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Military Propellants And Explosives Market

    23.1. North America Military Propellants And Explosives Market Overview

    23.2. North America Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Military Propellants And Explosives Market

    24.1. USA Military Propellants And Explosives Market Overview

    24.2. USA Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Military Propellants And Explosives Market

    25.1. Canada Military Propellants And Explosives Market Overview

    25.2. Canada Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Military Propellants And Explosives Market

    26.1. South America Military Propellants And Explosives Market Overview

    26.2. South America Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Military Propellants And Explosives Market

    27.1. Brazil Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Military Propellants And Explosives Market

    28.1. Middle East Military Propellants And Explosives Market Overview

    28.2. Middle East Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Military Propellants And Explosives Market

    29.1. Africa Military Propellants And Explosives Market Overview

    29.2. Africa Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Military Propellants And Explosives Market Competitive Landscape And Company Profiles

    30.1. Military Propellants And Explosives Market Competitive Landscape

    30.2. Military Propellants And Explosives Market Company Profiles

    30.2.1. BAE Systems plc Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Thales Group Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Rheinmetall Defence Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Poongsan Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. NOF Corporation Overview, Products and Services, Strategy and Financial Analysis

    31. Military Propellants And Explosives Market Other Major And Innovative Companies

    31.1. Solar Industries India Limited

    31.2. Chemring Group PLC

    31.3. EURENCO (European Energetics Corporation)

    31.4. Premier Explosives Limited

    31.5. Hodgdon Powder Company Inc.

    31.6. Nitro-Chem S.A.

    31.7. Instalaza S.A.

    31.8. Explosia a.s.

    31.9. Australian Munitions

    31.10. Digital Solid State Propulsion Inc.

    31.11. Aryum Makina Kimya ve Ticaret Limited Sirketi

    31.12. Narendra Explosives Limited

    31.13. Defense Industries Organization (DIO)

    31.14. Bharat Explosives Limited

    31.15. Engine Development and Production – EDePro

    32. Global Military Propellants And Explosives Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Military Propellants And Explosives Market

    34. Recent Developments In The Military Propellants And Explosives Market

    35. Military Propellants And Explosives Market High Potential Countries, Segments and Strategies

    35.1 Military Propellants And Explosives Market In 2029 - Countries Offering Most New Opportunities

    35.2 Military Propellants And Explosives Market In 2029 - Segments Offering Most New Opportunities

    35.3 Military Propellants And Explosives Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Military Propellants And Explosives Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Military Propellants And Explosives Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Propellants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Explosives, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Military Propellants And Explosives Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Military Propellants And Explosives Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: BAE Systems plc Financial Performance
  • Table 79: Thales Group Financial Performance
  • Table 80: Rheinmetall Defence Financial Performance
  • Table 81: Poongsan Corporation Financial Performance
  • Table 82: NOF Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Military Propellants And Explosives Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Military Propellants And Explosives Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Propellants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Military Propellants And Explosives Market, Sub-Segmentation Of Military Explosives, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Military Propellants And Explosives Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Military Propellants And Explosives Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Military Propellants And Explosives Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Military Propellants And Explosives Market, Segmentation By Composition, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Military Propellants And Explosives Market, Segmentation By Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: BAE Systems plc Financial Performance
  • Figure 79: Thales Group Financial Performance
  • Figure 80: Rheinmetall Defence Financial Performance
  • Figure 81: Poongsan Corporation Financial Performance
  • Figure 82: NOF Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the Military Propellants And Explosives market?

Military propellants and explosives are chemical substances used to propel projectiles or create explosive effects in weapons and defense systems. Propellants generate thrust by rapid gas release, while explosives cause sudden energy release for damage or disruption. These materials are engineered for high performance, stability, and controlled detonation in military applications. For further insights on the Military Propellants And Explosives market, request a sample here

How will the Military Propellants And Explosives market drivers and restraints affect the market dynamics? What forces will shape the Military Propellants And Explosives industry going forward?

The Military Propellants And Explosives market major growth driver - Growing Geopolitical Tensions And Conflicts Fueling The Growth Of The Market Due To Rising Defense Needs. For further insights on the Military Propellants And Explosives market, request a sample here

What is the forecast market size or the forecast market value of the Military Propellants And Explosives market?

The Military Propellants And Explosives market size has grown strongly in recent years. The military propellants and explosives market size has grown strongly in recent years. It will grow from $3.32 billion in 2024 to $3.49 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increasing global military expenditures, rising cross-border conflicts, expansion of defense modernization programs, increasing focus on tactical weapon systems, and rising production of conventional arms. The military propellants and explosives market size is expected to see steady growth in the next few years. It will grow to $4.22 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to growing investments in precision-guided munitions, increasing demand for lightweight explosives, expansion of border security initiatives, growing emphasis on indigenous defense manufacturing, and increasing adoption of smart weapon systems. Major trends in the forecast period include technological advancements in energetic materials, rapid innovations in propellant chemistry, developments in insensitive munitions, research and development in eco-friendly explosives, and continuous innovation in propulsion techniques. For further insights on the Military Propellants And Explosives market, request a sample here

How is the Military Propellants And Explosives market segmented?

The military propellants and explosives market covered in this report is segmented –
1) By Type: Military Propellants, Military Explosives
2) By Composition: Single Base, Double Base, Triple Base
3) By Form: Powder, Gel, Other Forms
4) By Application: Ammunition, Missiles, Rockets, Other Applications
5) By End-User: Army, Navy, Air Force, Other End-Users
Subsegments:
1) By Military Propellants: Solid Propellants, Liquid Propellants, Gel Propellants, Hybrid Propellants
2) By Military Explosives: High Explosives, Low Explosives, Plastic Explosives, Thermobaric Explosives, Nuclear Explosives, Chemical Explosives For further insights on the Military Propellants And Explosives market,
request a sample here

Which region has the largest share of the Military Propellants And Explosives market? What are the other regions covered in the report?

North America was the largest region in the military propellants and explosives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the military propellants and explosives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Military Propellants And Explosives market, request a sample here.

Who are the major players in the Military Propellants And Explosives market?

Major companies operating in the military propellants and explosives market are BAE Systems plc, Thales Group, Rheinmetall Defence, Poongsan Corporation, NOF Corporation, Solar Industries India Limited, Chemring Group PLC, EURENCO (European Energetics Corporation), Premier Explosives Limited, Hodgdon Powder Company Inc., Nitro-Chem S.A., Instalaza S.A., Explosia a.s., Australian Munitions, Digital Solid State Propulsion Inc., Aryum Makina Kimya ve Ticaret Limited Şirketi, Narendra Explosives Limited, Defense Industries Organization (DIO), Bharat Explosives Limited, Engine Development and Production – EDePro . For further insights on the Military Propellants And Explosives market, request a sample here.

What are the key trends in the Military Propellants And Explosives market?

Major trends in the Military Propellants And Explosives market include Technological Advancements In Military Propellants And Explosives To Enhance Performance And Sustainability. For further insights on the Military Propellants And Explosives market, request a sample here.

What are the major opportunities in the Military Propellants And Explosives market? What are the strategies for the Military Propellants And Explosives market?

For detailed insights on the major opportunities and strategies in the Military Propellants And Explosives market, request a sample here.

How does the Military Propellants And Explosives market relate to the overall economy and other similar markets?

For detailed insights on Military Propellants And Explosives's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Military Propellants And Explosives industry?

For detailed insights on the mergers and acquisitions in the Military Propellants And Explosives industry, request a sample here.

What are the key dynamics influencing the Military Propellants And Explosives market growth? SWOT analysis of the Military Propellants And Explosives market.

For detailed insights on the key dynamics influencing the Military Propellants And Explosives market growth and SWOT analysis of the Military Propellants And Explosives industry, request a sample here.