Research Department Explosive Market Size, Share & Trends Report

Research Department Explosive Market (2024 - 2030) Size, Share & Trends Analysis Report By Application (Military, Civilian), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), And Segment Forecasts

Market Segmentation

Research Department Explosive (RDX) Application Outlook (Revenue, USD Million, 2018 - 2030)
- Military
  - Melt Cast & Pressed Explosives
  - Cast PBX
  - Pyrotechnics
  - Others
- Civilian
  - Fireworks
  - Demolition Blocks
  - Others
Research Department Explosive (RDX) Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America Research Department Explosive (RDX) Market, By Application
    - Military
      - Melt Cast & Pressed Explosives
      - Cast PBX
      - Pyrotechnics
      - Others
    - Civilian
      - Fireworks
      - Demolition Blocks
      - Others
  - U.S.
  - Canada
    - Canada Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - Mexico
    - Mexico Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
- Europe
  - Europe Research Department Explosive (RDX) Market, By Application
    - Military
      - Melt Cast & Pressed Explosives
      - Cast PBX
      - Pyrotechnics
      - Others
    - Civilian
      - Fireworks
      - Demolition Blocks
      - Others
  - UK
    - UK Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - Germany
    - Germany Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - France
    - France Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - Italy
    - Italy Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - Spain
    - Spain Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
- Asia Pacific
  - Asia Pacific Research Department Explosive (RDX) Market, By Application
    - Military
      - Melt Cast & Pressed Explosives
      - Cast PBX
      - Pyrotechnics
      - Others
    - Civilian
      - Fireworks
      - Demolition Blocks
      - Others
  - China
    - China Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - Japan
    - Japan Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - India
    - India Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
  - South Korea
    - South Korea Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
- Central & South America
  - Central & South America Research Department Explosive (RDX) Market, By Application
    - Military
      - Melt Cast & Pressed Explosives
      - Cast PBX
      - Pyrotechnics
      - Others
    - Civilian
      - Fireworks
      - Demolition Blocks
      - Others
  - Brazil
    - Brazil Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others
- Middle East & Africa
  - Middle East & Africa Research Department Explosive (RDX) Market, By Application
    - Military
      - Melt Cast & Pressed Explosives
      - Cast PBX
      - Pyrotechnics
      - Others
    - Civilian
      - Fireworks
      - Demolition Blocks
      - Others
  - Saudi Arabia
    - Saudi Arabia Research Department Explosive (RDX) Market, By Application
      - Military
        
        Melt Cast & Pressed Explosives
        
        Cast PBX
        
        Pyrotechnics
        
        Others
      - Civilian
        
        Fireworks
        
        Demolition Blocks
        
        Others

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