Pyrotechnic Chemicals Global Market Report 2025

Pyrotechnic Chemicals Market Overview

• Pyrotechnic Chemicals market size has reached to $2.36 billion in 2024

• Expected to grow to $3.05 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%

• Growth Driver: Increasing Demand For Fireworks Is Fueling The Market Growth Due To Increasing Industrialization And Production Needs

• Market Trend: First Fully Lead-Free Non-Electric Detonator To Advance Safe And Sustainable Blasting

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

What Is Covered Under Pyrotechnic Chemicals Market?

Pyrotechnic chemicals refer to substances or compounds that undergo rapid exothermic chemical reactions to produce heat, light, gas, smoke, or sound. These chemicals are specially formulated and used in fireworks, flares, and other devices designed to create controlled visual or auditory effects for signaling, entertainment, or military applications.

The main types of pyrotechnic chemicals are proximate pyrotechnics, consumer pyrotechnics, and display pyrotechnics. Proximate pyrotechnics refers to the controlled use of fireworks and special effects in close proximity to people, often in indoor venues such as theaters, concerts, or film sets. It is used for applications such as fireworks, safety matches, oxygen candles, automotive airbags, gas-pressure blasting, and others, serving a range of end users, including transportation, building and construction, the mining industry, consumer goods, the entertainment industry, and others.

What Is The Pyrotechnic Chemicals Market Size 2025 And Growth Rate?

The pyrotechnic chemicals market size has grown strongly in recent years. It will grow from $2.36 billion in 2024 to $2.48 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to growth use in entertainment, increased demand for fireworks, rise in military applications worldwide, growth in tourism and event sectors, and rise in demand in defense.

What’s The Trade War Impact On Metal And Mineral Industry?

The steep increase in U.S. tariffs and the triggered trade tensions in spring 2025 are profoundly impacting the metal and minerals sector by disrupting supply chains for automakers, appliance manufacturers, and infrastructure projects. Domestic mills have raised prices in response to reduced import competition, but capacity constraints limit their ability to meet demand. Mining firms, meanwhile, grapple with retaliatory tariffs on mineral exports, particularly lithium and rare earths. Industry players are investing in scrap metal recycling, lobbying for exemptions, and forming joint ventures with overseas producers to secure stable supply.

How is the Pyrotechnic Chemicals Market Segmented?

1) By Type: Proximate Pyrotechnics, Consumer Pyrotechnics, Display Pyrotechnics

2) By Application: Fireworks, Safety Matches, Oxygen Candles, Automotive Airbags, Gas-Pressure Blasting, Other Applications

3) By End-Use: Transportation, Building And Construction, Mining Industry, Consumer Goods, Entertainment Industry, Other End-Uses

Subsegments:

1) By Proximate Pyrotechnics: Indoor Fireworks, Stage Effects, Close-Proximity Theatrical Effects

2) By Consumer Pyrotechnics: Sparklers, Firecrackers, Roman Candles, Fountains, Smoke Bombs

3) By Display Pyrotechnics: Aerial Shells, Multi-Shot Cakes, Mines And Comets, Waterfall Effects, Salutes

What Is Driving The Pyrotechnic Chemicals Market? Increasing Demand For Fireworks Is Fueling The Market Growth Due To Increasing Industrialization And Production Needs

Increasing demand for fireworks is expected to propel the growth of the pyrotechnic chemicals market going forward. Fireworks refer to explosive devices designed to produce visual and auditory effects for entertainment, celebration, or signaling purposes through controlled pyrotechnic reactions. The demand for fireworks is increasing due to the growing popularity of large-scale public celebrations, cultural festivals, and private events such as weddings and parties, where fireworks are used to enhance visual appeal and excitement. Pyrotechnic chemicals are crucial for fireworks as they create the colors, light, sound, and explosive effects that make firework displays visually and audibly spectacular. For instance, in June 2024, according to Clarity Wealth Development, a US-based financial planner, firework sales in the United States soared to an impressive $2.3 billion in 2023, marking an increase of more than $100 million compared to the previous year. Therefore, the increasing demand for fireworks is driving the growth of the pyrotechnic chemicals market.

What Is Driving The Pyrotechnic Chemicals Market? Increasing Demand For Fireworks Is Fueling The Market Growth Due To Increasing Industrialization And Production Needs

Increasing demand for fireworks is expected to propel the growth of the pyrotechnic chemicals market going forward. Fireworks refer to explosive devices designed to produce visual and auditory effects for entertainment, celebration, or signaling purposes through controlled pyrotechnic reactions. The demand for fireworks is increasing due to the growing popularity of large-scale public celebrations, cultural festivals, and private events such as weddings and parties, where fireworks are used to enhance visual appeal and excitement. Pyrotechnic chemicals are crucial for fireworks as they create the colors, light, sound, and explosive effects that make firework displays visually and audibly spectacular. For instance, in June 2024, according to Clarity Wealth Development, a US-based financial planner, firework sales in the United States soared to an impressive $2.3 billion in 2023, marking an increase of more than $100 million compared to the previous year. Therefore, the increasing demand for fireworks is driving the growth of the pyrotechnic chemicals industry.

Who Are The Major Players In The Global Pyrotechnic Chemicals Market?

Major Companies operating in the pyrotechnic chemicals market are Sasol Limited, Hanwha Corp., Orica Mining Services, Supreme Fireworks, Ikaros, HFI Pyrotechnics Inc., Austin Powder Company, Chemring Group, Inctec Pivot, Pyro Company Fireworks, Titanobel SAS, Wescom Group, Lalizas, Solar Industries India, Howard & Sons, Comet Marine, Zambelli Fireworks, Nemoto & Co. Ltd., GloTech International, Melrose Pyrotechnics

Who Are The Major Players In The Global Pyrotechnic Chemicals Market?

Major Companies operating in the pyrotechnic chemicals market are Sasol Limited, Hanwha Corp., Orica Mining Services, Supreme Fireworks, Ikaros, HFI Pyrotechnics Inc., Austin Powder Company, Chemring Group, Inctec Pivot, Pyro Company Fireworks, Titanobel SAS, Wescom Group, Lalizas, Solar Industries India, Howard & Sons, Comet Marine, Zambelli Fireworks, Nemoto & Co. Ltd., GloTech International, Melrose Pyrotechnics

What Are The Key Trends Of The Global Pyrotechnic Chemicals Market? First Fully Lead-Free Non-Electric Detonator To Advance Safe And Sustainable Blasting

Major companies operating in the pyrotechnic chemicals market are focusing on developing innovative solutions, such as fully lead-free non-electric detonators, to enhance safety and reduce environmental impact. Fully lead-free non-electric detonators refer to explosive initiation devices that operate without the use of electrical energy and are manufactured without any lead-based components. For instance, in September 2023, Orica Limited, a US-based explosive company, launched Exel Neo, the world’s first fully lead-free non-electric detonator range, produced in Sweden using a formulation that contains no lead or lead compounds, including in the pyrotechnic delay elements. This new range, based on Orica’s proven Non-Primary Explosives Detonator (NPED) technology, delivers the same reliable performance as traditional Exel detonators while offering significant environmental and safety benefits, such as eliminating lead release into the environment and reducing health hazards for workers. Exel Neo is suitable for use in civil infrastructure, surface and underground mining, and quarrying, and has been independently tested and certified for accuracy and safety, marking a major step toward more sustainable blasting solutions in the industry.

What Are The Key Trends Of The Global Pyrotechnic Chemicals Market? First Fully Lead-Free Non-Electric Detonator To Advance Safe And Sustainable Blasting

Major companies operating in the pyrotechnic chemicals market are focusing on developing innovative solutions, such as fully lead-free non-electric detonators, to enhance safety and reduce environmental impact. Fully lead-free non-electric detonators refer to explosive initiation devices that operate without the use of electrical energy and are manufactured without any lead-based components. For instance, in September 2023, Orica Limited, a US-based explosive company, launched Exel Neo, the world’s first fully lead-free non-electric detonator range, produced in Sweden using a formulation that contains no lead or lead compounds, including in the pyrotechnic delay elements. This new range, based on Orica’s proven Non-Primary Explosives Detonator (NPED) technology, delivers the same reliable performance as traditional Exel detonators while offering significant environmental and safety benefits, such as eliminating lead release into the environment and reducing health hazards for workers. Exel Neo is suitable for use in civil infrastructure, surface and underground mining, and quarrying, and has been independently tested and certified for accuracy and safety, marking a major step toward more sustainable blasting solutions in the industry.

What Are Latest Mergers And Acquisitions In The Pyrotechnic Chemicals Market? Incitec Pivot Acquires Titanobel To Expand Explosives Reach In EMEA Region

In April 2022, Incitec Pivot Limited (IPL), an Australian-based explosives and fertilizer company, acquired Titanobel for an undisclosed amount. With this acquisition, Incitec Pivot aims to extend its brand and world-leading explosives technologies into the Europe, Middle East, and Africa (EMEA) region by leveraging Titanobel’s established customer base and manufacturing footprint, thereby accessing new markets and enhancing its offering through the introduction of advanced technology. Titanobel is a France-based industrial explosives manufacturer and provider of drilling, blasting, and technical services that offers pyrotechnic chemicals.

What Are Latest Mergers And Acquisitions In The Pyrotechnic Chemicals Market? Incitec Pivot Acquires Titanobel To Expand Explosives Reach In EMEA Region

In April 2022, Incitec Pivot Limited (IPL), an Australian-based explosives and fertilizer company, acquired Titanobel for an undisclosed amount. With this acquisition, Incitec Pivot aims to extend its brand and world-leading explosives technologies into the Europe, Middle East, and Africa (EMEA) region by leveraging Titanobel’s established customer base and manufacturing footprint, thereby accessing new markets and enhancing its offering through the introduction of advanced technology. Titanobel is a France-based industrial explosives manufacturer and provider of drilling, blasting, and technical services that offers pyrotechnic chemicals.

What Is The Regional Outlook For The Global Pyrotechnic Chemicals Market?

Asia-Pacific was the largest region in the pyrotechnic chemicals market in 2024. The regions covered in the pyrotechnic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

What Is The Regional Outlook For The Global Pyrotechnic Chemicals Market?

Asia-Pacific was the largest region in the pyrotechnic chemicals market in 2024. 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 Pyrotechnic Chemicals Market?

The pyrotechnic chemicals market consists of sales of black powder, metallic fuels, oxidizers, coloring agents, binders, and stabilizers. 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.

What Defines the Pyrotechnic Chemicals Market?

The pyrotechnic chemicals market consists of sales of black powder, metallic fuels, oxidizers, coloring agents, binders, and stabilizers. 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.

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 Pyrotechnic Chemicals Industry?

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

What is the Market Assessment and Strategic Outlook for the Pyrotechnic Chemicals Industry?

The pyrotechnic chemicals market research report is one of a series of new reports from The Business Research Company that provides market statistics, including pyrotechnic chemicals 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 pyrotechnic chemicals industry. This pyrotechnic chemical market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.