Global Research Department Explosive (RDX) Market by Application (Military, Civilian) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2018, the Research Department Explosive market in North America was valued at USD 10.43 million. Royal Demolition Explosive is used in many military and civil applications, including pyrotechnics, cast PBX charges and others. It is expected that the high prevalence of mineral extraction in developed areas will create opportunities for business growth over the forecast period. Research Department Explosive (RDX), also known as hexogen, cyclonite or cyclonite is also called hexogen.

RDX is being used more frequently in the construction and mining industries. This high-performance explosive is required by the mining industry for rock excavation and exploration. The RDX market in North America and Europe is driven by rising defense spending and increased mining activity.

RDX, also called hexogen, is a compound that can be combined with other explosives or waxes to create military munitions. Multiple stages are involved in the production of RDX. These include raw materials storage and feeding, nitration and decomposition, filtration and transport. To develop new products for defense forces and meet increasing product demand, manufacturers are investing heavily in R&D.

RDX can be used in conjunction with explosives like TNT to create cyclotrons which produce bursting charges to torpedoes, aerial bombs and mines. It can also be used as a base charger for detonators. In civilian applications, RDX is used as a heating fuel and occasionally rodenticide.

Application Insights

North American civilian hexogen use is expected to increase at 2.6% per year by 2030. This is due to the increasing demand for demolition blocks, fireworks and civil pyrotechnics. The demand for civil applications has been significantly affected by the rising supply and demand for various fireworks like powder-actuated nail guns and recreational fireworks.

With a share of more than 80%, the military was the fastest-growing industry application. The industry has seen significant growth due to the rapid increase in defense spending across the U.S. Cyclonite (RDX) is used in many military applications such as bombs, munitions, of all calibers, and missile warheads.

Business growth will be driven by a positive outlook on mining activity. The U.S. has over 300 active mines and 900 mines of industrial minerals, which contributes to product demand. Russia has the largest proven oil depositions, with an average daily production of 9.5million barrels. These factors will be favorable to industry growth during the forecast period.

Regional Insights

North America Research Department Explosive Market will experience significant growth due to the high demand from the military, mining and construction sectors. Technological advancements in manufacturing methods are a hallmark of the United States. The country's use of a private investment model for road construction is expected to increase the demand for explosives.

In 2018, Europe held a large market share. Russia and Germany are major economic contributors to mining. Germany is a major producer of lignite and refined selenium as well as kaolin, sulfur potash, crude steel, and potash. The demand for mining applications is increasing due to the increased extraction of ores.

The demand for explosives will rise due to the increased production of industrial and commercial minerals in Europe. The region has seen rapid growth in the mining industry, as well as an increase in military and defense spending.

Market Share Insights & Key Companies

Among the key players are Eurenco and Chemring Nobel, BAE Systems (Nitro Chem S.A.), Austin Powder Company, among others. To strengthen their industry position, industry players have adopted a major strategy of expanding product portfolio. In April 2017, the SNPE approved a French explosive manufacturing unit.

In the coming years, strict regulations regarding environment conservation will play a crucial role in shaping RDX market dynamics. Positively affecting product demand is the exploitation of mineral resources and the revenue from such projects in the future forecast period.

Research Department Explosive (RDX), Market Report Scope

The report covers segments

This report predicts revenue growth at the global, regional and country levels. It also provides analysis of industry trends in each sub-segment from 2014 to 2030. Up Market Research divided the Research Department Explosivemarket Report based on region and application.

• Application Outlook (Volume and Tons; Revenue USD Million; 2014-2013; 2030)

  • Military

    • Melt cast & pressed explosives

    • Cast PBX

    • Pyrotechnics

    • Other

  • Civilian

    • Fireworks

    • Demolition blocks

    • Other

• Regional Outlook (Volume and Tons; Revenues, USD Million; 2014-2013; 2030).

  • North America

    • The U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Turkey

    • Spain

    • Austria

    • Russia

    • Bulgaria

    • Ukraine

    • Poland

    • Slovakia

    • Czech Republic

These are the most frequently asked questions about this report

b. Global research department market explosive size was valued at USD 10.98 Billion in 2019, and is projected to grow to USD 11.4 Billion in 2020.

b. Global research department explosive market expected to grow at a compound annual growth rate 2.8% between 2019 and 2030, to reach USD 14.5 Billion in 2030.

b. With a 32.3% share in 2019, North America was the dominant market for research department explosives. Due to the high demand from the military, mining and construction sectors, North America Research Department Experiments will see significant growth.

b. Eurenco and Chemring Nobel are some of the key players in this explosive market for research department.

b. The significant presence of mineral extraction activities within developed regions is one of the key factors that has driven the explosive market growth for the research department.

Up Market Research published a new report titled “Research Department Explosive (RDX) Market research report which is segmented by Application (Military, Civilian), By Players/Companies BAE Systems, Chemring Nobel, Nitro Chem SA, Eurenco, Austin Powder Company”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Research Department Explosive (RDX) Market Report Segments:

The market is segmented by Application (Military, Civilian).

Research Department Explosive (RDX) Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Research Department Explosive (RDX) Market

Overview of the regional outlook of the Research Department Explosive (RDX) Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Research Department Explosive (RDX) Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Research Department Explosive (RDX) Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Military

                2. Civilian

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Research Department Explosive (RDX) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Research Department Explosive (RDX) Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.