As the global economy mends, the 2021 growth of Military Propellants and Explosives will have significant change from previous year. According to our (LP Information) latest study, the global Military Propellants and Explosives market size is USD million in 2022 from USD 3272.4 million in 2021, with a change of % between 2021 and 2022. The global Military Propellants and Explosives market size will reach USD 3942.6 million in 2028, growing at a CAGR of 2.7% over the analysis period.
The United States Military Propellants and Explosives market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Military Propellants and Explosives market, reaching US$ million by the year 2028. As for the Europe Military Propellants and Explosives landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Military Propellants and Explosives players cover Explosia, Pakistan Ordnance Factories, Australian Munitions, and Eurenco, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
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: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Military Propellants
Military Explosives
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Aerospace
Defense
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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 report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Solar Group
Serbian defence industrial facilities
NITRO-CHEM
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)