Research Department Explosive (RDX) Market (By Application: Military [Melt cast & pressed explosives, Cast PBX, Pyrotechnics, Others]; Civilian [Fireworks, Demolition blocks, Others]) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

Research department explosive is an organic white solid compound without any taste or smell and broadly used as an explosive. It is more vigorously dangerous than TNT, hence widely used in military applications. RDX are sensitive to striking, hence used is in blasting caps. It is generally mixed with other substances in order to decrease its sensitivity. The report provides analysis of global research department explosive (RDX) market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global research department explosive (RDX) market is expected to grow at significant CAGR around 2.8% throughout the forecast period and reach around US$ 13 billion by 2026.

Market Dynamics

Escalating demand for mining industry, increasing activities of construction and infrastructure development, rising military activities, growing military expenditure and various initiatives taken by favorable governments are some of the key factors that are fueling the research department explosive (RDX) market growth across the globe. Noteworthy incidences of activities of mineral extraction in developed regions are expected to fuel the global research department explosive (RDX) market over the forecast time frame. Research department explosive (RDX) is also called as cyclonite or hexogen. RDX is rapidly being used in mining and construction industries as mining industry needs this high performance explosive for rock excavation and exploration activities. Furthermore, growing incidences of the terror attacks in different countries is playing the major role in the development of the research department explosive (RDX) market. The manufacturing procedure of RDX includes multiple stages such as nitration, raw materials storing and feeding, disintegration, filtration and transport. Multiple manufacturers are spending comprehensively on R&D activities to build up pioneering products in order to support defense forces and fulfil the ever escalating product demand. Also, the ongoing technological advancements in the defense and military sectors and growing government regulations are supplementing the global market growth. RDX (cyclonite) is extensively used in several military applications such as munitions of all calibers, instance bombs, missile warheads and plastic explosives. Also, the RDX is rapidly being used in mining and construction industries as mining industry needs this high performance explosive for rock excavation and exploration activities. Furthermore, growing incidences of the terror attacks in different countries is playing the major role in the development of the research department explosive (RDX) market. The adoption of RDX is rapidly increasing in various military applications owing to the growing security concerns. However, high cost associated with the research department explosive may hinder the global research department explosive (RDX) market over the forecast period.

Market Segmentation

Research Department Explosive (RDX) Market, By Application:

  • Military
    • Melt cast & pressed explosives
    • Cast PBX
    • Pyrotechnics
    • Others
  • Civilian
    • Fireworks
    • Demolition blocks
    • Others

Global Research Department Explosive (RDX) Market, by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

The market research study on “Research Department Explosive (RDX) Market (By Application: Military [Melt cast & pressed explosives, Cast PBX, Pyrotechnics, Others]; Civilian [Fireworks, Demolition blocks, Others]) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers detailed insights on global research department explosive (RDX) market segments with market dynamics and their impact. The report provides insights on global research department explosive (RDX) market by application and major geographic regions. The report also covers basic technology development policies.

Market Participants

The global research department explosive (RDX) market is characterized by the presence of experienced and established players. Some of the key players include Eurenco, Prva Iskra- Namenska a.d., Ensign Bickford Company, Chemring Nobel, Nitro Chem S.A., EPC Groupe, BAE Systems, LSB Industries Inc., Austin Powder Company and Dyno Nobel.


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