The global Military Propellants and Explosives market size is predicted to grow from US$ 3756 million in 2025 to US$ 4506 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.
Military propellants and explosives are substances specifically designed for use in military applications, typically for propelling projectiles, launching rockets, powering weapons systems, or causing explosions. These materials are engineered to provide controlled release of energy with specific characteristics such as high energy density, stability, and reliability under various conditions.
Major global manufacturers of Military Propellants and Explosives include General Dynamics, Rheinmetall Defense, BAE Systems, Eurenco, Solar Group, Explosia, Chemring Nobel, etc. The top three manufacturers account for approximately 20% of the global share. North America is the world's largest market, accounting for nearly 34% of the market.
In terms of product type, military propellants occupy a dominant position, accounting for 82% of the total. At the same time, in terms of application, defense is the largest application field, accounting for 76%.
The 鈥淢ilitary Propellants and Explosives Industry Forecast鈥 looks at past sales and reviews total world Military Propellants and Explosives sales in 2024, providing a comprehensive analysis by region and market sector of projected Military Propellants and Explosives sales for 2025 through 2031. With Military Propellants and Explosives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Military Propellants and Explosives industry.
This Insight Report provides a comprehensive analysis of the global Military Propellants and Explosives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Military Propellants and Explosives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Military Propellants and Explosives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military Propellants and Explosives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Military Propellants and Explosives.
This report presents a comprehensive overview, market shares, and growth opportunities of Military Propellants and Explosives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Military Propellants
Military Explosives
Segmentation by Application:
Aerospace
Defense
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Dynamics
Rheinmetall Defence
BAE Systems
Eurenco
Solar Group
Explosia
Chemring Nobel
Pakistan Ordnance Factories
Australian Munitions
Forcit
Prva Iskra
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Military Propellants and Explosives market?
What factors are driving Military Propellants and Explosives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Military Propellants and Explosives market opportunities vary by end market size?
How does Military Propellants and Explosives break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Military Propellants and Explosives Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Military Propellants and Explosives by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Military Propellants and Explosives by Country/Region, 2020, 2024 & 2031
2.2 Military Propellants and Explosives Segment by Type
2.2.1 Military Propellants
2.2.2 Military Explosives
2.3 Military Propellants and Explosives Sales by Type
2.3.1 Global Military Propellants and Explosives Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global Military Propellants and Explosives Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global Military Propellants and Explosives Sale Price by Type (2020-2025)
2.4 Military Propellants and Explosives Segment by Application
2.4.1 Aerospace
2.4.2 Defense
2.5 Military Propellants and Explosives Sales by Application
2.5.1 Global Military Propellants and Explosives Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global Military Propellants and Explosives Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global Military Propellants and Explosives Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Military Propellants and Explosives Breakdown Data by Company
3.1.1 Global Military Propellants and Explosives Annual Sales by Company (2020-2025)
3.1.2 Global Military Propellants and Explosives Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global Military Propellants and Explosives Annual Revenue by Company (2020-2025)
3.2.1 Global Military Propellants and Explosives Revenue by Company (2020-2025)
3.2.2 Global Military Propellants and Explosives Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global Military Propellants and Explosives Sale Price by Company
3.4 Key Manufacturers Military Propellants and Explosives Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Military Propellants and Explosives Product Location Distribution
3.4.2 Players Military Propellants and Explosives Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Military Propellants and Explosives by Geographic Region
4.1 World Historic Military Propellants and Explosives 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global Military Propellants and Explosives Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Military Propellants and Explosives Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Military Propellants and Explosives 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global Military Propellants and Explosives Annual Sales by Country/Region (2020-2025)
4.2.2 Global Military Propellants and Explosives Annual Revenue by Country/Region (2020-2025)
4.3 Americas Military Propellants and Explosives Sales Growth
4.4 APAC Military Propellants and Explosives Sales Growth
4.5 Europe Military Propellants and Explosives Sales Growth
4.6 Middle East & Africa Military Propellants and Explosives Sales Growth
5 Americas
5.1 Americas Military Propellants and Explosives Sales by Country
5.1.1 Americas Military Propellants and Explosives Sales by Country (2020-2025)
5.1.2 Americas Military Propellants and Explosives Revenue by Country (2020-2025)
5.2 Americas Military Propellants and Explosives Sales by Type (2020-2025)
5.3 Americas Military Propellants and Explosives Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Military Propellants and Explosives Sales by Region
6.1.1 APAC Military Propellants and Explosives Sales by Region (2020-2025)
6.1.2 APAC Military Propellants and Explosives Revenue by Region (2020-2025)
6.2 APAC Military Propellants and Explosives Sales by Type (2020-2025)
6.3 APAC Military Propellants and Explosives Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Military Propellants and Explosives by Country
7.1.1 Europe Military Propellants and Explosives Sales by Country (2020-2025)
7.1.2 Europe Military Propellants and Explosives Revenue by Country (2020-2025)
7.2 Europe Military Propellants and Explosives Sales by Type (2020-2025)
7.3 Europe Military Propellants and Explosives Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Military Propellants and Explosives by Country
8.1.1 Middle East & Africa Military Propellants and Explosives Sales by Country (2020-2025)
8.1.2 Middle East & Africa Military Propellants and Explosives Revenue by Country (2020-2025)
8.2 Middle East & Africa Military Propellants and Explosives Sales by Type (2020-2025)
8.3 Middle East & Africa Military Propellants and Explosives Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Military Propellants and Explosives
10.3 Manufacturing Process Analysis of Military Propellants and Explosives
10.4 Industry Chain Structure of Military Propellants and Explosives
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Military Propellants and Explosives Distributors
11.3 Military Propellants and Explosives Customer
12 World Forecast Review for Military Propellants and Explosives by Geographic Region
12.1 Global Military Propellants and Explosives 麻豆原创 Size Forecast by Region
12.1.1 Global Military Propellants and Explosives Forecast by Region (2026-2031)
12.1.2 Global Military Propellants and Explosives Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Military Propellants and Explosives Forecast by Type (2026-2031)
12.7 Global Military Propellants and Explosives Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 General Dynamics
13.1.1 General Dynamics Company Information
13.1.2 General Dynamics Military Propellants and Explosives Product Portfolios and Specifications
13.1.3 General Dynamics Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 General Dynamics Main Business Overview
13.1.5 General Dynamics Latest Developments
13.2 Rheinmetall Defence
13.2.1 Rheinmetall Defence Company Information
13.2.2 Rheinmetall Defence Military Propellants and Explosives Product Portfolios and Specifications
13.2.3 Rheinmetall Defence Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Rheinmetall Defence Main Business Overview
13.2.5 Rheinmetall Defence Latest Developments
13.3 BAE Systems
13.3.1 BAE Systems Company Information
13.3.2 BAE Systems Military Propellants and Explosives Product Portfolios and Specifications
13.3.3 BAE Systems Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BAE Systems Main Business Overview
13.3.5 BAE Systems Latest Developments
13.4 Eurenco
13.4.1 Eurenco Company Information
13.4.2 Eurenco Military Propellants and Explosives Product Portfolios and Specifications
13.4.3 Eurenco Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Eurenco Main Business Overview
13.4.5 Eurenco Latest Developments
13.5 Solar Group
13.5.1 Solar Group Company Information
13.5.2 Solar Group Military Propellants and Explosives Product Portfolios and Specifications
13.5.3 Solar Group Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Solar Group Main Business Overview
13.5.5 Solar Group Latest Developments
13.6 Explosia
13.6.1 Explosia Company Information
13.6.2 Explosia Military Propellants and Explosives Product Portfolios and Specifications
13.6.3 Explosia Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Explosia Main Business Overview
13.6.5 Explosia Latest Developments
13.7 Chemring Nobel
13.7.1 Chemring Nobel Company Information
13.7.2 Chemring Nobel Military Propellants and Explosives Product Portfolios and Specifications
13.7.3 Chemring Nobel Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Chemring Nobel Main Business Overview
13.7.5 Chemring Nobel Latest Developments
13.8 Pakistan Ordnance Factories
13.8.1 Pakistan Ordnance Factories Company Information
13.8.2 Pakistan Ordnance Factories Military Propellants and Explosives Product Portfolios and Specifications
13.8.3 Pakistan Ordnance Factories Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Pakistan Ordnance Factories Main Business Overview
13.8.5 Pakistan Ordnance Factories Latest Developments
13.9 Australian Munitions
13.9.1 Australian Munitions Company Information
13.9.2 Australian Munitions Military Propellants and Explosives Product Portfolios and Specifications
13.9.3 Australian Munitions Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Australian Munitions Main Business Overview
13.9.5 Australian Munitions Latest Developments
13.10 Forcit
13.10.1 Forcit Company Information
13.10.2 Forcit Military Propellants and Explosives Product Portfolios and Specifications
13.10.3 Forcit Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Forcit Main Business Overview
13.10.5 Forcit Latest Developments
13.11 Prva Iskra
13.11.1 Prva Iskra Company Information
13.11.2 Prva Iskra Military Propellants and Explosives Product Portfolios and Specifications
13.11.3 Prva Iskra Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Prva Iskra Main Business Overview
13.11.5 Prva Iskra Latest Developments
13.12 Poongsan Defense
13.12.1 Poongsan Defense Company Information
13.12.2 Poongsan Defense Military Propellants and Explosives Product Portfolios and Specifications
13.12.3 Poongsan Defense Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Poongsan Defense Main Business Overview
13.12.5 Poongsan Defense Latest Developments
13.13 Liming Research Institute of Chemical Industry
13.13.1 Liming Research Institute of Chemical Industry Company Information
13.13.2 Liming Research Institute of Chemical Industry Military Propellants and Explosives Product Portfolios and Specifications
13.13.3 Liming Research Institute of Chemical Industry Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Liming Research Institute of Chemical Industry Main Business Overview
13.13.5 Liming Research Institute of Chemical Industry Latest Developments
13.14 China North Industries Corporation (NORINCO)
13.14.1 China North Industries Corporation (NORINCO) Company Information
13.14.2 China North Industries Corporation (NORINCO) Military Propellants and Explosives Product Portfolios and Specifications
13.14.3 China North Industries Corporation (NORINCO) Military Propellants and Explosives Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 China North Industries Corporation (NORINCO) Main Business Overview
13.14.5 China North Industries Corporation (NORINCO) Latest Developments
14 Research Findings and Conclusion
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*If Applicable.