Global Research Department Explosive Market Size & Outlook
Global research department explosive market, 2018-2030 (US$M)
Related Markets
Global research department explosive market highlights
- The global research department explosive market generated a revenue of USD 11,057.1 million in 2024 and is expected to reach USD 13,918.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 3.3% by 2030.
- In terms of segment, military accounted for a revenue of USD 9,239.2 million in 2024.
- Civilian is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 11,057.1 million |
| Market revenue in 2030 | USD 13,918.9 million |
| Growth rate | 3.3% (CAGR from 2025 to 2030) |
| Largest segment | Military |
| Fastest growing segment | Civilian |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Military, Civilian |
Other key industry trends
- In terms of revenue, the North America accounted for 32.1% of the global research department explosive market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 516.4 million by 2030.
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Research Department Explosive Market Scope
Research Department Explosive Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dyno Nobel | View profile | 1001-5000 | Salt Lake City, Utah, United States, North America | http://www.dynonobel.com |
| Ensign-Bickford Industries | View profile | 1001-5000 | Denver, Colorado, United States, North America | http://www.ensign-bickfordind.com/ |
| EPC Groupe | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | http://www.epc-groupe.com/ |
| Sadhana Nitro Chem Ltd. | View profile | 51-100 | Mumbai, Maharashtra, India, Asia | http://www.sncl.com |
| Chemring Group | View profile | 1001-5000 | Romsey, Hampshire, United Kingdom, Europe | https://www.chemring.com |
| Eurenco | View profile | 501-1000 | Sorgues, Provence-Alpes-Cote d'Azur, France, Europe | https://eurenco.com/ |
| Austin Powder | View profile | 501-1000 | Cleveland, Ohio, United States, North America | https://www.austinpowder.com |
| LSB Industries Inc | View profile | 586 | 3503 North West 63rd Street, Suite 500, Oklahoma City, OK, United States, 73116 | https://www.lsbindustries.com |
| BAE Systems PLC | View profile | 99800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | https://www.baesystems.com |
Global research department explosive market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to research department explosive market will help companies and investors design strategic landscapes.
Military was the largest segment with a revenue share of 83.56% in 2024. Horizon Databook has segmented the Global research department explosive market based on military, civilian covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Research Department Explosive Application Outlook (Revenue, USD Million, 2018-2030)
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
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Horizon Databook provides a detailed overview of global-level data and insights on the Global research department explosive market , including forecasts for subscribers. This global databook contains high-level insights into Global research department explosive market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global research department explosive market size, by regions, 2018-2030 (US$M)
Top 10 countries: Research department explosive market size, 2024 (US$M)
Global research department explosive market share, by application, 2024 & 2030 (%, US$M)
Research department explosive market: Opportunity assessment by country
Global research department explosive market, by region, 2024 (US$M)
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