Research Department Explosive Market Size to Surpass US$ 13.5 bn by 2027

The global research department explosive market size is projected to surpass around US$ 13.5 billion by 2027 and growing at CAGR of 3.2% throughout the forecast period 2020 to 2027.

The Research Department Explosive (RDX) Market size in North America and Europe was valued at USD 10.12 billion in 2018.

Royal Demolition Explosive (RDX) is utilized in numerous military and civil applications such as pyrotechnics and cast PBX charges among others. The significant prevalence of mineral extraction activities in developed regions is estimated to create scope for business growth during the forecast period. Research Department Explosive (RDX) is also known as hexogen or cyclonite.

RDX is increasingly utilized in the mining and construction industries. The mining industry requires this high-performance explosive for exploration and rock excavation activities. North America and Europe's RDX market is driven by increasing defense expenditure along with rising mining activities across these regions.

RDX, also known as hexogen, can be used with other explosives, waxes, or oils to make military munitions. The production process of RDX involves multiple stages ranging from raw materials storing and feeding, nitration, decomposition, filtration, and transport. Manufacturers are spending extensively on R&D activities to develop innovative products to aid defense forces and cater to ever-increasing product demand.

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RDX as a military explosive can either be used with explosives such as TNT to make cyclotrons that produce bursting charges for aerial bombs, mines, and torpedoes or can be used as a base charge for detonators. RDX in the civilian application, finds its use as a heating fuel, in fireworks, occasional rodenticide, and in the demolition of blocks.

Report Insights:

The civilian application of hexogen is expected to grow at a CAGR of 2.6% by 2030 in North America with the growing demand for demolition blocks, fireworks, and civil pyrotechnics applications.
North America Research Department Explosive market will witness significant growth owing to high demand in the military, mining, and construction sectors.
Europe holds a significant market share in 2018. Mining is a significant economic activity for European countries including Germany and Russia.
Germany is one of the major producers of lignite, refined selenium, kaolin, sulfur, potash, refined copper, and crude steel. Increasing extraction activities of ores are boosting demand for mining applications.

Scope of the Report

A recent study by Precedence Research on the research department explosive market offers a forecast for 2020 and 2027. The study analyzes crucial trends that are currently determining the growth of the research department explosive market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of research department explosive. The study also provides the dynamics that are responsible for influencing the future status of the research department explosive market over the forecast period.

A detailed assessment of the research department explosive market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the research department explosive market along with their product portfolio enhances the reliability of this comprehensive research study.

In this study, the years considered to estimate the market size of research department explosive are as follows:

· History Year: 2016-2019

· Base Year: 2019

· Estimated Year: 2020

· Forecast Year 2020 to 2027

Report Summary

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the research department explosive market across the globe.

A comprehensive estimate on the research department explosive market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of research department explosive during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Market Size Evaluation

The research department explosive market has been analyzed for each market segment in terms of volume (kilo tons) and value (US$ Bn).

Market estimates at global and regional levels for research department explosive are available in terms of “US$ Bn” for value and in “kilo tons” for volume. A Y-o-Y growth contrast on prominent research department explosive market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global Research department explosive market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the research department explosive market report, which have helped deliver projections on regional markets. These chapters include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of research department explosive market during the forecast period.

Country-specific valuation on demand for research department explosive has been offered for each regional market, along with market scope estimate sand forecasts, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

Segmentation

By By End-Use

Military

Warheads
Booster material
Artillery, tank and mortar shells
Military Pyrotechnics
Detonators
Others

Civilian

Mining
Fireworks & Pyrotechnics
Construction
Others

By Geography

North America

U.S.
Canada

Europe

Germany
France
Italy
U.K.
Spain
Russia

Asia Pacific

China
Japan
India

Latin America

Brazil
Mexico

Middle East & Africa

GCC
South Africa

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of research department explosive, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of research department explosive has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the research department explosive market.

Some of the noteworthy market participants in the Research Department Explosive Market include:

BAE Systems
Austin Powder
Enaex S.A.
Nelson Brothers
Dyno Nobel
Eurenco
Chemring Group PLC
MAXAM Corp
PrvaIskra- Namenska A.D.
Nitro Chem S.A.

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Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Research Department Explosive (RDX) Market, By End-Use

7.1. Research Department Explosive (RDX) Market, by End-Use Type, 2020-2027
7.1.1. Military (Warheads, Artillery, Military Pyrotechnics, Detonators, Others)
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Civilian (Mining, Fireworks & Pyrotechnics, Construction, Others)
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Research Department Explosive (RDX) Market, Regional Estimates and Trend Forecast

8.1. North America
8.1.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.2. Europe
8.2.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.3. APAC
8.3.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.4. MEA
8.4.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by End-Use (2016-2027)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by End-Use (2016-2027)

Chapter 9. Company Profiles

9.1. BAE Systems
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Austin Powder
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Enaex S.A.
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Nelson Brothers
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Dyno Nobel
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Eurenco
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Chemring Group PLC
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. MAXAM Corp
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. PrvaIskra- Namenska A.D.
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Nitro Chem S.A.
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives

Chapter 10. Research Methodology

10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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