Research department explosive (RDX) is hard, dissolvable in different solvents such as ethanol and ether, and insoluble in water. The manufacturing process of RDX comprises multiple stages, such as nitration, raw materials storing and feeding, filtration, disintegration, and transport. Various manufacturers are investing comprehensively in research & development activities to build up pioneering products to support the defense forces and fulfill ever-escalating product demand. RDX is used in various military and typical applications such as fireworks and cast PBX charges.
In 2019, Asia Pacific held the largest share of the global research department explosive market. The rise in demand for RDX in military and civilian applications drives the market growth in Asia Pacific. In addition, RDX is increasingly used in the construction and mining industries. The mining industry requires such high-performance explosives for rock excavation and exploration activities. The market in Europe and North America is driven by increasing defense expenditure and rising mining activities across these regions.
The global research department explosive market in North America is anticipated to witness a significant growth due to high demand from the mining, military, and construction sectors. Moreover, utilization of the private investment models to plan road construction activities in the country is projected to augment the demand for explosives in the US. Europe also held the significant market share in 2019. Mining is an important economic activity for European countries, such as such as Russia and Germany. Germany is one of the key producers of refined selenium, lignite, kaolin, potash, sulfur, crude steel, and refined copper. Increasing extraction activities of the ores are boosting the demand for the mining applications, which, in turn, bolsters the market growth.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019. As of January 2021, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among of the worst affected countries in terms of confirmed cases and reported deaths. According to the latest WHO figures updated on January 2021, there are ~83,322,449 confirmed cases and 1,831,412 total deaths globally. The outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The chemicals & materials is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. For instance, China is the global manufacturing hub and the largest raw material supplier for various industries, and it is also one of the worst-affected countries. The lockdown of different plants and factories in China is restricting the global supply chains and disrupting the manufacturing activities, delivery schedules, and various chemicals & materials sales. Multiple companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering business collaborations and partnership opportunities. All these factors are impacting the chemicals & materials industry negatively and thus acting as a restraining factors for the growth of various markets related to this industry.
The growing safety concerns and increasing need to protect the national borders and boundaries are inclining the government of different nations to spend more on their respective military, defense arms, and ammunition. In 2021, the Stockholm International Peace Research Institute mentioned that the global spending on military and defense is US$1,917 billion, which mostly accounts for 2.2% of the global gross domestic product (GDP). The US, India, China, Russia, and Saudi Arabia are the top five spenders on defense and military applications and contribute to more than 60% of the global military spending. RDX is mostly used as an explosive in the military industry that can use with explosives such as TNT to make cyclotrons that produce bursting charges for mines, aerial bombs, and torpedoes well, as it can be used as a base charge for detonators. The manufacturers are spending more on R&D activities to make innovative products to help the defense industry. RDX is used in a wide range of military applications such as bombs, munition of all calibers, plastic explosives, and missile warheads. Furthermore, the increase in the number of instances of terror attacks in different countries has led them to increase the spending on military and defense applications, which drives the growth of the research development explosives (RDX) market.
Based on type, the research department explosive market is segmented into explosives, pyrotechnics, and others. In 2019, the explosives segment led the market. Explosives are categorized as primary and secondary based on their vulnerability to initiation. Primary explosives are referred to as initiating explosives as they can be utilized to ignite the secondary explosives. Secondary explosives—which include cyclo-1,3,5-trimethylene-2,4,6-trinitramine (RDX), TNT, and others—are more predominant at military sites than primary explosives. Because secondary explosives are formulated to explode only under specific circumstances, they often are utilized as bolstering or main charge explosives. Due to the benefits and characteristics mentioned above, the market growth for the explosives segment is also expected to register substantial growth during the forecast period. Furthermore, the development of new preparation styles for RDX has aided the growth of the global research department explosive market.
Based on the application, the research department explosive market is bifurcated into military and civilian. In 2019, the military segment dominated the market, and the market for the same segment is anticipated to grow at the swiftest rate during 2020–2027. The military segment is further split into artillery, warheads, mortar and tank shells, detonators, booster material, and military pyrotechnics. The civilian segment is sub segmented into mining, construction, fireworks & pyrotechnics, and others—such as oil fields and seismic wave generation. RDX as a military explosive can either be utilized with explosives, including TNT, to develop cyclotols—which produce bursting charge for torpedoes, mines, and aerial bombs—or it could be utilized as a base charge for detonators. RDX is one of the most powerful high explosives available, and it is present in more than 4,000 military items, from very small igniters to large bombs. Thus, increase in the spending on defense and military application is going to drive the global research department explosive market across the globe.
The players operating in the research department explosive market are implementing mergers and acquisition and research & development strategies to enlarge the customer base and gain significant market share across the world, which also permits them to maintain their brand name globally. These strategies are also impacting the size of the market.
The regional trends and factors influencing the Research Department Explosive (RDX) Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Research Department Explosive (RDX) Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 8.06 Billion |
| Market Size by 2027 | US$ 10.36 Billion |
| Global CAGR (2019 - 2027) | 3.3% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Research Department Explosive (RDX) Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Research Department Explosive (RDX) Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The List of Companies - Global Research Department Explosive Market
Based on type, the research department explosive market is segmented into explosives, pyrotechnics, and others. In 2019, the explosives segment led the market. Explosives are categorized as primary and secondary based on their vulnerability to initiation. Primary explosives are referred to as initiating explosives as they can be utilized to ignite the secondary explosives. Secondary explosives—which include cyclo-1,3,5-trimethylene-2,4,6-trinitramine (RDX), TNT, and others—are more predominant at military sites than primary explosives. Because secondary explosives are formulated to explode only under specific circumstances, they often are utilized as bolstering or main charge explosives. Due to the benefits and characteristics mentioned above, the market growth for the explosives segment is also expected to register substantial growth during the forecast period. Furthermore, the development of new preparation styles for RDX has aided the growth of the global research department explosive market.
The major players operating in the global research department explosive market are BAE Systems, Chemring Group PLC, Mil-Spec Industries Corporation, Nitro-Chem SA, Eurenco, PRVA ISKRA – NAMENSKA A.D., Austin Powder, Dyno Nobel, Ensign-Bickford Industries, Inc., and Orica Limited, among others.
In 2019, Asia Pacific held the largest share of the global research department explosive market. The rise in demand for RDX in military and civilian applications drives the market growth in Asia Pacific. In addition, RDX is increasingly used in the construction and mining industries. The mining industry requires such high-performance explosives for rock excavation and exploration activities. The market in Europe and North America is driven by increasing defense expenditure and rising mining activities across these regions. The global research department explosive market in North America is anticipated to witness a significant growth due to high demand from the mining, military, and construction sectors. Moreover, utilization of the private investment models to plan road construction activities in the country is projected to augment the demand for explosives in the US.