Research Department Explosive (RDX) Market
Chemicals and Materials

Research Department Explosive (RDX) Market Growth 2021: Innovations in Developing Energetic Materials by 2027

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.

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.

INCREASED SPENDING ON DEFENSE AND MILITARY APPLICATIONS – INFLUENCE THE RESEARCH DEPARTMENT EXPLOSIVE MARKET GLOBALLY

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.