Global Liquid Rocket Propellant Market Research Report 2025(Status and Outlook)

Report Overview

Liquid rocket propellant is a chemical mixture used to power rocket engines, consisting of a fuel and an oxidizer stored separately in liquid form until combustion. These propellants are categorized into hypergolic (ignite upon contact) and non-hypergolic (require ignition), with common combinations including liquid hydrogen (LH2) and liquid oxygen (LOX) or kerosene-based fuels with LOX. Their high energy density, controllability, and efficiency make them ideal for space launch vehicles, military missiles, and orbital maneuvering systems. The market is driven by increasing demand for satellite launches, deep-space exploration, and defense applications, with advancements in reusable rocket technology further boosting adoption. However, challenges such as high costs, stringent safety regulations, and environmental concerns over toxic byproducts influence market dynamics. Key players include aerospace giants like SpaceX, Blue Origin, and traditional defense contractors, while emerging markets in Asia-Pacific show growth potential due to expanding space programs.

The global Liquid Rocket Propellant market size was estimated at USD 1055.0 million in 2024, exhibiting a CAGR of 5.50% during the forecast period.

This report provides a deep insight into the global Liquid Rocket Propellant market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Liquid Rocket Propellant Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Liquid Rocket Propellant market in any manner.

Global Liquid Rocket Propellant Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Air Products

Praxair

Inc.

Linde Group

Air Liquide

SpaceX

ISRO

AMPAC Fine Chemicals

CRS Chemicals

Ultramet

Eurenco

Island Pyrochemical Industries

AMPAC Fine Chemicals(SK)

Safran Group

JAXA

Market Segmentation (by Type)

Storable Propellants (Kerosene, Nitric Acid)

Cryogenic Propellants ( Liquid Hydrogen, Liquid Oxygen)

Market Segmentation (by Application)

Commercial Use

Military Use

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

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 Liquid Rocket Propellant Market

Overview of the regional outlook of the Liquid Rocket Propellant Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Liquid Rocket Propellant Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Liquid Rocket Propellant, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Liquid Rocket Propellant
1.2 Key Market Segments
1.2.1 Liquid Rocket Propellant Segment by Type
1.2.2 Liquid Rocket Propellant Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Liquid Rocket Propellant Market Overview
2.1 Global Market Overview
2.1.1 Global Liquid Rocket Propellant Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Liquid Rocket Propellant Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Liquid Rocket Propellant Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Liquid Rocket Propellant Product Life Cycle
3.3 Global Liquid Rocket Propellant Sales by Manufacturers (2020-2025)
3.4 Global Liquid Rocket Propellant Revenue Market Share by Manufacturers (2020-2025)
3.5 Liquid Rocket Propellant Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Liquid Rocket Propellant Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Liquid Rocket Propellant Market Competitive Situation and Trends
3.8.1 Liquid Rocket Propellant Market Concentration Rate
3.8.2 Global 5 and 10 Largest Liquid Rocket Propellant Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Liquid Rocket Propellant Industry Chain Analysis
4.1 Liquid Rocket Propellant Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Liquid Rocket Propellant Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Liquid Rocket Propellant Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Liquid Rocket Propellant Market
5.7 ESG Ratings of Leading Companies
6 Liquid Rocket Propellant Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Liquid Rocket Propellant Sales Market Share by Type (2020-2025)
6.3 Global Liquid Rocket Propellant Market Size Market Share by Type (2020-2025)
6.4 Global Liquid Rocket Propellant Price by Type (2020-2025)
7 Liquid Rocket Propellant Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Liquid Rocket Propellant Market Sales by Application (2020-2025)
7.3 Global Liquid Rocket Propellant Market Size (M USD) by Application (2020-2025)
7.4 Global Liquid Rocket Propellant Sales Growth Rate by Application (2020-2025)
8 Liquid Rocket Propellant Market Sales by Region
8.1 Global Liquid Rocket Propellant Sales by Region
8.1.1 Global Liquid Rocket Propellant Sales by Region
8.1.2 Global Liquid Rocket Propellant Sales Market Share by Region
8.2 Global Liquid Rocket Propellant Market Size by Region
8.2.1 Global Liquid Rocket Propellant Market Size by Region
8.2.2 Global Liquid Rocket Propellant Market Size Market Share by Region
8.3 North America
8.3.1 North America Liquid Rocket Propellant Sales by Country
8.3.2 North America Liquid Rocket Propellant Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Liquid Rocket Propellant Sales by Country
8.4.2 Europe Liquid Rocket Propellant Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Liquid Rocket Propellant Sales by Region
8.5.2 Asia Pacific Liquid Rocket Propellant Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Liquid Rocket Propellant Sales by Country
8.6.2 South America Liquid Rocket Propellant Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Liquid Rocket Propellant Sales by Region
8.7.2 Middle East and Africa Liquid Rocket Propellant Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Liquid Rocket Propellant Market Production by Region
9.1 Global Production of Liquid Rocket Propellant by Region(2020-2025)
9.2 Global Liquid Rocket Propellant Revenue Market Share by Region (2020-2025)
9.3 Global Liquid Rocket Propellant Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Liquid Rocket Propellant Production
9.4.1 North America Liquid Rocket Propellant Production Growth Rate (2020-2025)
9.4.2 North America Liquid Rocket Propellant Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Liquid Rocket Propellant Production
9.5.1 Europe Liquid Rocket Propellant Production Growth Rate (2020-2025)
9.5.2 Europe Liquid Rocket Propellant Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Liquid Rocket Propellant Production (2020-2025)
9.6.1 Japan Liquid Rocket Propellant Production Growth Rate (2020-2025)
9.6.2 Japan Liquid Rocket Propellant Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Liquid Rocket Propellant Production (2020-2025)
9.7.1 China Liquid Rocket Propellant Production Growth Rate (2020-2025)
9.7.2 China Liquid Rocket Propellant Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Air Products
10.1.1 Air Products Basic Information
10.1.2 Air Products Liquid Rocket Propellant Product Overview
10.1.3 Air Products Liquid Rocket Propellant Product Market Performance
10.1.4 Air Products Business Overview
10.1.5 Air Products SWOT Analysis
10.1.6 Air Products Recent Developments
10.2 Praxair
10.2.1 Praxair Basic Information
10.2.2 Praxair Liquid Rocket Propellant Product Overview
10.2.3 Praxair Liquid Rocket Propellant Product Market Performance
10.2.4 Praxair Business Overview
10.2.5 Praxair SWOT Analysis
10.2.6 Praxair Recent Developments
10.3 Inc.
10.3.1 Inc. Basic Information
10.3.2 Inc. Liquid Rocket Propellant Product Overview
10.3.3 Inc. Liquid Rocket Propellant Product Market Performance
10.3.4 Inc. Business Overview
10.3.5 Inc. SWOT Analysis
10.3.6 Inc. Recent Developments
10.4 Linde Group
10.4.1 Linde Group Basic Information
10.4.2 Linde Group Liquid Rocket Propellant Product Overview
10.4.3 Linde Group Liquid Rocket Propellant Product Market Performance
10.4.4 Linde Group Business Overview
10.4.5 Linde Group Recent Developments
10.5 Air Liquide
10.5.1 Air Liquide Basic Information
10.5.2 Air Liquide Liquid Rocket Propellant Product Overview
10.5.3 Air Liquide Liquid Rocket Propellant Product Market Performance
10.5.4 Air Liquide Business Overview
10.5.5 Air Liquide Recent Developments
10.6 SpaceX
10.6.1 SpaceX Basic Information
10.6.2 SpaceX Liquid Rocket Propellant Product Overview
10.6.3 SpaceX Liquid Rocket Propellant Product Market Performance
10.6.4 SpaceX Business Overview
10.6.5 SpaceX Recent Developments
10.7 ISRO
10.7.1 ISRO Basic Information
10.7.2 ISRO Liquid Rocket Propellant Product Overview
10.7.3 ISRO Liquid Rocket Propellant Product Market Performance
10.7.4 ISRO Business Overview
10.7.5 ISRO Recent Developments
10.8 AMPAC Fine Chemicals
10.8.1 AMPAC Fine Chemicals Basic Information
10.8.2 AMPAC Fine Chemicals Liquid Rocket Propellant Product Overview
10.8.3 AMPAC Fine Chemicals Liquid Rocket Propellant Product Market Performance
10.8.4 AMPAC Fine Chemicals Business Overview
10.8.5 AMPAC Fine Chemicals Recent Developments
10.9 CRS Chemicals
10.9.1 CRS Chemicals Basic Information
10.9.2 CRS Chemicals Liquid Rocket Propellant Product Overview
10.9.3 CRS Chemicals Liquid Rocket Propellant Product Market Performance
10.9.4 CRS Chemicals Business Overview
10.9.5 CRS Chemicals Recent Developments
10.10 Ultramet
10.10.1 Ultramet Basic Information
10.10.2 Ultramet Liquid Rocket Propellant Product Overview
10.10.3 Ultramet Liquid Rocket Propellant Product Market Performance
10.10.4 Ultramet Business Overview
10.10.5 Ultramet Recent Developments
10.11 Eurenco
10.11.1 Eurenco Basic Information
10.11.2 Eurenco Liquid Rocket Propellant Product Overview
10.11.3 Eurenco Liquid Rocket Propellant Product Market Performance
10.11.4 Eurenco Business Overview
10.11.5 Eurenco Recent Developments
10.12 Island Pyrochemical Industries
10.12.1 Island Pyrochemical Industries Basic Information
10.12.2 Island Pyrochemical Industries Liquid Rocket Propellant Product Overview
10.12.3 Island Pyrochemical Industries Liquid Rocket Propellant Product Market Performance
10.12.4 Island Pyrochemical Industries Business Overview
10.12.5 Island Pyrochemical Industries Recent Developments
10.13 AMPAC Fine Chemicals(SK)
10.13.1 AMPAC Fine Chemicals(SK) Basic Information
10.13.2 AMPAC Fine Chemicals(SK) Liquid Rocket Propellant Product Overview
10.13.3 AMPAC Fine Chemicals(SK) Liquid Rocket Propellant Product Market Performance
10.13.4 AMPAC Fine Chemicals(SK) Business Overview
10.13.5 AMPAC Fine Chemicals(SK) Recent Developments
10.14 Safran Group
10.14.1 Safran Group Basic Information
10.14.2 Safran Group Liquid Rocket Propellant Product Overview
10.14.3 Safran Group Liquid Rocket Propellant Product Market Performance
10.14.4 Safran Group Business Overview
10.14.5 Safran Group Recent Developments
10.15 JAXA
10.15.1 JAXA Basic Information
10.15.2 JAXA Liquid Rocket Propellant Product Overview
10.15.3 JAXA Liquid Rocket Propellant Product Market Performance
10.15.4 JAXA Business Overview
10.15.5 JAXA Recent Developments
11 Liquid Rocket Propellant Market Forecast by Region
11.1 Global Liquid Rocket Propellant Market Size Forecast
11.2 Global Liquid Rocket Propellant Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Liquid Rocket Propellant Market Size Forecast by Country
11.2.3 Asia Pacific Liquid Rocket Propellant Market Size Forecast by Region
11.2.4 South America Liquid Rocket Propellant Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Liquid Rocket Propellant by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Liquid Rocket Propellant Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Liquid Rocket Propellant by Type (2026-2033)
12.1.2 Global Liquid Rocket Propellant Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Liquid Rocket Propellant by Type (2026-2033)
12.2 Global Liquid Rocket Propellant Market Forecast by Application (2026-2033)
12.2.1 Global Liquid Rocket Propellant Sales (K Units) Forecast by Application
12.2.2 Global Liquid Rocket Propellant Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings