Saudi Arabia Research Department Explosive Market Size & Outlook

The research department explosive market in Saudi Arabia is expected to reach a projected revenue of US$ 730.9 million by 2030. A compound annual growth rate of 3.8% is expected of Saudi Arabia research department explosive market from 2025 to 2030.
Revenue, 2024 (US$M)
$575.3
Forecast, 2030 (US$M)
$730.9
CAGR, 2025 - 2030
3.8%
Report Coverage
Saudi Arabia

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Saudi Arabia research department explosive market, 2018-2030 (US$M)

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Saudi Arabia research department explosive market highlights

  • The Saudi Arabia research department explosive market generated a revenue of USD 575.3 million in 2024 and is expected to reach USD 730.9 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 3.8% from 2025 to 2030.
  • In terms of segment, military was the largest revenue generating application in 2024.
  • Civilian is the most lucrative application segment registering the fastest growth during the forecast period.


Research department explosive market data book summary

Market revenue in 2024USD 575.3 million
Market revenue in 2030USD 730.9 million
Growth rate3.8% (CAGR from 2025 to 2030)
Largest segmentMilitary
Fastest growing segmentCivilian
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMilitary, Civilian
Key market players worldwideEurenco, Chemring Group, BAE Systems PLC, Sadhana Nitro Chem Ltd., Austin Powder, EPC Groupe, LSB Industries Inc, Ensign-Bickford Industries, Dyno Nobel


Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 5.2% of the global research department explosive market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia research department explosive market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 730.9 million by 2030.

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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

Saudi Arabia 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 79.3% in 2024. Horizon Databook has segmented the Saudi Arabia research department explosive market based on military, civilian covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia research department explosive market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia research department explosive market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia research department explosive market size, by application, 2018-2030 (US$M)

Saudi Arabia Research Department Explosive Market Outlook Share, 2024 & 2030 (US$M)

Saudi Arabia research department explosive market size, by application, 2018-2030 (US$M)

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