Global Military Propellants and Explosives Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Military Propellants and Explosives market size will reach 4,280.70 Million USD in 2025 and is projected to reach 5,402.20 Million USD by 2032, with a CAGR of 3.38% (2025-2032). Notably, the China Military Propellants and Explosives market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Military propellants and explosives refer to specialized chemical substances used by military forces for various applications, including propulsion, munitions, and demolition. Propellants are energetic materials specifically designed for generating thrust in rocket engines, jet engines, and firearms. They undergo controlled combustion or deflagration to produce high-pressure gases, propelling projectiles or vehicles. Propellants can be categorized into different types, such as solid propellants, liquid propellants, and hybrid propellants. Explosives, on the other hand, are chemical compounds that undergo rapid and violent decomposition, releasing large amounts of energy in the form of a shockwave, heat, and gases. Military explosives are utilized for a wide range of purposes, including manufacturing bombs, grenades, artillery shells, and landmines. They are designed to deliver a specific level of destruction or fragmentation upon detonation. These propellants and explosives undergo rigorous testing, quality control, and safety procedures to ensure reliable and controlled performance while minimizing the risk of accidental detonation or misuse. Proper handling, storage, and transportation protocols are implemented to ensure the safety of military personnel and surrounding areas where these materials are employed.
The major global manufacturers of Military Propellants and Explosives include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, BAE Systems, Forcit, Serbian defence industrial facilities, Solar Group, NITRO-CHEM, Poongsan Defense, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Military Propellants and Explosives. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Military Propellants and Explosives market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Military Propellants and Explosives market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Military Propellants and Explosives industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Military Propellants and Explosives Include:
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Serbian defence industrial facilities
Solar Group
NITRO-CHEM
Poongsan Defense
Military Propellants and Explosives Product Segment Include:
Military Propellants
Military Explosives
Military Propellants and Explosives Product Application Include:
Aerospace
Defense
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Military Propellants and Explosives Capacity and Production Analysis
Chapter 3: Global Military Propellants and Explosives Industry PESTEL Analysis
Chapter 4: Global Military Propellants and Explosives Industry Porter's Five Forces Analysis
Chapter 5: Global Military Propellants and Explosives Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Military Propellants and Explosives Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Military Propellants and Explosives Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Military Propellants and Explosives Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Military Propellants and Explosives market size will reach 4,280.70 Million USD in 2025 and is projected to reach 5,402.20 Million USD by 2032, with a CAGR of 3.38% (2025-2032). Notably, the China Military Propellants and Explosives market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Military propellants and explosives refer to specialized chemical substances used by military forces for various applications, including propulsion, munitions, and demolition. Propellants are energetic materials specifically designed for generating thrust in rocket engines, jet engines, and firearms. They undergo controlled combustion or deflagration to produce high-pressure gases, propelling projectiles or vehicles. Propellants can be categorized into different types, such as solid propellants, liquid propellants, and hybrid propellants. Explosives, on the other hand, are chemical compounds that undergo rapid and violent decomposition, releasing large amounts of energy in the form of a shockwave, heat, and gases. Military explosives are utilized for a wide range of purposes, including manufacturing bombs, grenades, artillery shells, and landmines. They are designed to deliver a specific level of destruction or fragmentation upon detonation. These propellants and explosives undergo rigorous testing, quality control, and safety procedures to ensure reliable and controlled performance while minimizing the risk of accidental detonation or misuse. Proper handling, storage, and transportation protocols are implemented to ensure the safety of military personnel and surrounding areas where these materials are employed.
The major global manufacturers of Military Propellants and Explosives include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, BAE Systems, Forcit, Serbian defence industrial facilities, Solar Group, NITRO-CHEM, Poongsan Defense, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Military Propellants and Explosives. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Military Propellants and Explosives market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Military Propellants and Explosives market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Military Propellants and Explosives industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Military Propellants and Explosives Include:
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Serbian defence industrial facilities
Solar Group
NITRO-CHEM
Poongsan Defense
Military Propellants and Explosives Product Segment Include:
Military Propellants
Military Explosives
Military Propellants and Explosives Product Application Include:
Aerospace
Defense
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Military Propellants and Explosives Capacity and Production Analysis
Chapter 3: Global Military Propellants and Explosives Industry PESTEL Analysis
Chapter 4: Global Military Propellants and Explosives Industry Porter's Five Forces Analysis
Chapter 5: Global Military Propellants and Explosives Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Military Propellants and Explosives Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Military Propellants and Explosives Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Military Propellants and Explosives Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Military Propellants and Explosives Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Military Propellants and Explosives Product by Type
- 1.2.1 Military Propellants
- 1.2.2 Military Explosives
- 1.3 Military Propellants and Explosives Product by Application
- 1.3.1 Aerospace
- 1.3.2 Defense
- 1.4 Global Military Propellants and Explosives Market Revenue and Sales Analysis
- 1.4.1 Global Military Propellants and Explosives Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Military Propellants and Explosives Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Military Propellants and Explosives Market Sales Price Trend Analysis (2020-2032)
- 1.5 Military Propellants and Explosives Market Development Status and Trends
- 1.5.1 Military Propellants and Explosives Industry Development Status Analysis
- 1.5.2 Military Propellants and Explosives Industry Development Trends Analysis
- 2 Global Military Propellants and Explosives Capacity and Production Analysis
- 2.1 Global Military Propellants and Explosives Capacity, Production and Utilization (2020-2032)
- 2.2 Global Military Propellants and Explosives Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Military Propellants and Explosives Production by Region
- 2.3.1 Global Military Propellants and Explosives Production by Region (2020-2025)
- 2.3.2 Global Military Propellants and Explosives Production Forecast by Region (2026-2032)
- 2.3.3 Global Military Propellants and Explosives Production Market Share by Region (2020-2032)
- 3 Military Propellants and Explosives Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Military Propellants and Explosives Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Military Propellants and Explosives Market Analysis by Country
- 5.1 Global Military Propellants and Explosives Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Military Propellants and Explosives Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Military Propellants and Explosives Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Military Propellants and Explosives Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Military Propellants and Explosives Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Military Propellants and Explosives Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Military Propellants and Explosives Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Military Propellants and Explosives Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Military Propellants and Explosives Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Military Propellants and Explosives Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Military Propellants and Explosives Average Sales Price by Manufacturers (2021-2025)
- 6.2 Military Propellants and Explosives Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Military Propellants and Explosives Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Military Propellants and Explosives Market Analysis by Type
- 7.1 Global Military Propellants and Explosives Market Revenue Analysis by Type
- 7.1.1 Global Military Propellants and Explosives Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Military Propellants and Explosives Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Military Propellants and Explosives Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Military Propellants and Explosives Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 Explosia
- 8.1.1 Explosia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 Explosia Military Propellants and Explosives Product Portfolio
- 8.1.3 Explosia Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Pakistan Ordnance Factories
- 8.2.1 Pakistan Ordnance Factories Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Pakistan Ordnance Factories Military Propellants and Explosives Product Portfolio
- 8.2.3 Pakistan Ordnance Factories Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Australian Munitions
- 8.3.1 Australian Munitions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Australian Munitions Military Propellants and Explosives Product Portfolio
- 8.3.3 Australian Munitions Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Eurenco
- 8.4.1 Eurenco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Eurenco Military Propellants and Explosives Product Portfolio
- 8.4.3 Eurenco Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 General Dynamics
- 8.5.1 General Dynamics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 General Dynamics Military Propellants and Explosives Product Portfolio
- 8.5.3 General Dynamics Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 MAXAM Corp
- 8.6.1 MAXAM Corp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 MAXAM Corp Military Propellants and Explosives Product Portfolio
- 8.6.3 MAXAM Corp Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Rheinmetall Defence
- 8.7.1 Rheinmetall Defence Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Rheinmetall Defence Military Propellants and Explosives Product Portfolio
- 8.7.3 Rheinmetall Defence Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 BAE Systems
- 8.8.1 BAE Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 BAE Systems Military Propellants and Explosives Product Portfolio
- 8.8.3 BAE Systems Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.9 Forcit
- 8.9.1 Forcit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.9.2 Forcit Military Propellants and Explosives Product Portfolio
- 8.9.3 Forcit Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.10 Serbian defence industrial facilities
- 8.10.1 Serbian defence industrial facilities Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.10.2 Serbian defence industrial facilities Military Propellants and Explosives Product Portfolio
- 8.10.3 Serbian defence industrial facilities Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.11 Solar Group
- 8.11.1 Solar Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.11.2 Solar Group Military Propellants and Explosives Product Portfolio
- 8.11.3 Solar Group Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.12 NITRO-CHEM
- 8.12.1 NITRO-CHEM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.12.2 NITRO-CHEM Military Propellants and Explosives Product Portfolio
- 8.12.3 NITRO-CHEM Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.13 Poongsan Defense
- 8.13.1 Poongsan Defense Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.13.2 Poongsan Defense Military Propellants and Explosives Product Portfolio
- 8.13.3 Poongsan Defense Military Propellants and Explosives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Military Propellants and Explosives Industry Chain Analysis
- 9.2 Military Propellants and Explosives Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Military Propellants and Explosives Product Downstream Application Analysis
- 9.3.1 Global Military Propellants and Explosives Revenue Market Size by Application: 2024 VS 2025 VS 2032
- 9.3.2 Global Military Propellants and Explosives Revenue and Forecast Analysis by Application (2020-2032)
- 9.3.3 Global Military Propellants and Explosives Sales and Forecast Analysis by Application (2020-2032)
- 9.4 Military Propellants and Explosives Typical Downstream Customers
- 9.5 Military Propellants and Explosives Sales Channel Analysis
- 10 Research Findings and Conclusion
- 11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.2 Research Scope
- 11.3 Benchmarks and Assumptions
- 11.4 Date Source
- 11.4.1 Primary Sources
- 11.4.2 Secondary Sources
- 11.5 Data Cross Validation
- 11.6 Disclaimer
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
