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Global Military Propellants And Explosives Market Report 2025

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Military Propellants And Explosives Global Market Report 2025

Name: Military Propellants And Explosives Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

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) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

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.

Military Propellants And Explosives Market Overview

• Military Propellants And Explosives market size has reached to $3.32 billion in 2024

• Expected to grow to $4.2 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%

• Growth Driver: Growing Geopolitical Tensions And Conflicts Fueling The Growth Of The Market Due To Rising Defense Needs

• Market Trend: Technological Advancements In Military Propellants And Explosives To Enhance Performance And Sustainability

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Military Propellants And Explosives Market?

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 $3.47 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. 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 $4.2 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.

The forecast of 4.9% growth over the next five years remains unchanged from the previous projection for this market. Despite the stable forecast, ongoing tariff-related uncertainties between the U.S. and its trade partners continue to pose risks.This is likely to directly affect the US due to restrictions on chemical precursors such as nitrocellulose and ammonium perchlorate from India and Germany, potentially disrupting the domestic explosives manufacturing chain.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Aerospace and Defense Industry?

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

How Is The Military Propellants And Explosives Market 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 industry.

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 ?irketi, 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.

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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 this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this 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?

The military propellants and explosives market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the military propellants and explosives industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

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

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

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

What is the forecast market size or the forecast market value 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. Growing Geopolitical Tensions And Conflicts Fueling The Growth Of The Market Due To Rising Defense Needs For further insights on this 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 this 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 this 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 this market, request a sample here.

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

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