Research Department Explosive (RDX) Market Size, Share & Trend Analysis Report By Application (Military, Civilian), By Region (North America, Europe), And Segment Forecasts, 2019 - 2030
- Report ID: GVR-2-68038-810-7
- Number of Pages: 98
- Format: Electronic (PDF)
- Historical Range: 2014 - 2017
- Industry: Bulk Chemicals
Market Segmentation
- North America and Europe Research Department Explosive (RDX) Market Application Outlook (Revenue, USD Million, 2014 - 2030)
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- North America and Europe Research Department Explosive (RDX) Market Regional Outlook (Revenue, USD Million, 2014 - 2030)
- North America
- North America RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- The U.S.
- U.S. RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- U.S. RDX market by Application
- Canada
- Canada RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Canada RDX market by Application
- North America RDX market by Application
- Europe
- Europe RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Germany
- Germany RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Germany RDX market by Application
- France
- France RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- France RDX market by Application
- UK
- UK RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- UK RDX market by Application
- Italy
- Italy RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Italy RDX market by Application
- Turkey
- Turkey RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Turkey RDX market by Application
- Spain
- Spain RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Spain RDX market by Application
- Austria
- Austria RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Austria RDX market by Application
- Russia
- Russia RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Russia RDX market by Application
- Bulgaria
- Bulgaria RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Bulgaria RDX market by Application
- Ukraine
- Ukraine RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Ukraine RDX market by Application
- Poland
- Poland RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Poland RDX market by Application
- Slovakia
- Slovakia RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Slovakia RDX market by Application
- Czech Republic
- Czech Republic RDX market by Application
- Military
- Melt Cast & Pressed Explosives
- Cast PBX
- Pyrotechnics
- Others
- Civilian
- Fireworks
- Demolition Blocks
- Others
- Military
- Czech Republic RDX market by Application
- Europe RDX market by Application
- North America
Research Department Explosive (RDX) Market Dynamics
Driver: Expansion of Defense Industry
The defense industry is the major consumer of RDX. The explosive is widely used in several applications including missile warheads, instance bombs, underwater weapons, and missiles. It is considered an essential component of various polymer-based explosives, such as PBX-9007, PBX-9010, PBX-201, and others. The rapid expansion of the defense sector across emerging economies has significantly boosted the consumption of RDX over the forecast period. Rising government spending on the defense sector in various countries including the U.S., China, France, Russia, the UK, and others is anticipated to fuel industry growth over the forecast period. Increasing expenditure on military & defense is expected to drive demand for explosives over the forecast period. Increasing defense budgets by countries in the European region is further projected to augment the demand for highly engineered explosives such as RDX.
Opportunity:
The military segment displayed high penetration in recent years and is expected to witness significant growth over the forecast period. Strong government support for military and defense-associated expenditures has generated lucrative growth opportunities for the explosives industry. In addition, changing defense requirements, driven by the nature & location of conflict along with changes in the scale has led to a shift in the focus of technology. Considering this, the U.S. has maintained the expenditure levels on R&D over the past few years, despite a falling defense budget. The civil applications segment is expected to grow at a CAGR of 2.7% in North America and 3% in Europe respectively. The segment is expected to grow from USD 356.7 million in 2019 to USD 465.1 million in 2030 in North America. In Europe, civil applications are anticipated to grow from USD 216.5 million in 2019 to USD 290.7 in 2030.
Restraint: Harmful Environmental Impact
RDX does not occur naturally in the environment and poses a threat to human health as well as the environment. Major environmental authorities, such as the U.S. EPA have formulated stringent guidelines for handling, storage, and transportation of RDX. The explosive is a possible human carcinogen. RDX, if accidentally swallowed in a large amount, can cause seizures. It can also lead to alterations in blood pressure. The European Commission and U.S. EPA have framed various regulations to restrict the use of RDX and other chemicals used in mineral processing, drilling, and wastewater treatment. These factors together are likely to restrict the demand for explosives over the forecast period. REACH (EC 1907/2006) Regulation is targeted toward protecting human health and the environment, the promotion of alternative test methods, the free circulation of substances in the internal market, and enhancing competitiveness & innovation.
What Does This Report Include?
This section will provide insights into the contents included in this research department explosive (RDX) market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Research department explosive (RDX) market qualitative analysis
-
Industry overview
-
Industry trends
-
Market drivers and restraints
-
Market size
-
Growth prospects
-
Porter’s analysis
-
PESTEL analysis
-
Key market opportunities prioritized
-
Competitive landscape
-
Company overview
-
Financial performance
-
Product benchmarking
-
Latest strategic developments
-
Research department explosive (RDX) market quantitative analysis
-
Market size, estimates, and forecast from 2014 to 2030
-
Market estimates and forecast for product segments up to 2030
-
Regional market size and forecast for product segments up to 2030
-
Market estimates and forecast for application segments up to 2030
-
Regional market size and forecast for application segments up to 2030
-
Company financial performance
GET A FREE SAMPLE
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.
Contact us now to get our best pricing.
ESOMAR certified & member
ISO Certified
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
