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Asia Pacific Research Department Explosive (RDX) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Explosives, Pyrotechnics and Others), Application (Military and Civilian), and Country

Code: TIPRE00020964 | Pages: 85 | Industry: Chemicals and Materials | Date: Apr 2021
Covid

Market Introduction

The Asia Pacific research department explosive (RDX) market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. With an objective to reduce the growth of counterfeit products drastically, the chemical and materials sector players are increasingly emphasizing on procuring research department explosive (RDX) products, which is driving the market. The economic growth in the Asia Pacific along with the rise in territorial disputes, and also the military's modernization plan in order to replace the aging defense equipment, which has forced many of the countries in the Asia Pacific region to increase the defense spending. Owing to the recent increase in terrorist activities in countries, like Afghanistan, Pakistan, India, and the Philippines, over the past few years there has led to an increase in anti-terrorism funds by the government of the various countries in order to fight and protect their people against terrorism, both externally and internally. This is one of the most important factors that is supporting the growth and rise of the RDX market in Asia-Pacific. Several government initiatives which are supporting the indigenous manufacturing of arms and ammunition in countries, like China, India, and Japan, are bolstering the growth of local companies.

Market Overview and Dynamics

The research department explosive (RDX) market in Asia Pacific is expected to grow from US$ 3,319.06 Mn in 2019 to US$ 4,376.85 Mn by 2027; it is estimated to grow at a CAGR of 3.6% from 2020 to 2027. Research department explosive (RDX), also known as hexogen, and cyclonite is a white crystalline strong. It is hard, dissolvable in different solvents, for instance, ethanol and ether, and insoluble in water.  The methods and materials that are used to manufacture energetic materials and explosives are now changing. New methods for synthesizing and processing energetic materials, such as 3D printing of high explosives and micro reactor technology, have been developed. New systems such as metallic nanolaminates and co-crystallized high explosives have the capability to create energetic materials. The advent of new or improved experimental techniques, which include fast spectrometry, high-speed video, or transient interferometry methods like new computer models, photonic Doppler velocimetry, and simulation capabilities, has enabled the manufacturers to design energetic materials with enhanced capabilities and efficiency in technical applications.

 

Key Market Segments

In terms of type, the pyrotechnics segment accounted for the largest share of the Asia Pacific research department explosive (RDX) market in 2019. In terms of Application, the military segment held a larger market share of the Asia Pacific research department explosive (RDX) market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific research department explosive (RDX) market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bae Systems, Chemring Group PLC, Austin Powder Company, Dyno Nobel, Ensign-Bickford Industries, Inc., Prva Iskra Namenska AD and Orica Limited.

Reasons to buy report

  • To understand the Asia Pacific research department explosive (RDX) market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific research department explosive (RDX) market
  • Efficiently plan M&A and partnership deals in Asia Pacific research department explosive (RDX) market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific research department explosive (RDX) market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Asia Pacific region.


ASIA PACIFIC RESEARCH DEPARTMENT EXPLOSIVE (RDX) MARKET SEGMENTATION

By Type

  • Explosives
  • Pyrotechnics
  • Others

By Application

  • Military
  • Civilian

By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Company Profiles

  • Bae Systems
  • Chemring Group PLC
  • Austin Powder Company
  • Dyno Nobel
  • Ensign-Bickford Industries, Inc.
  • Prva Iskra Namenska AD
  • Orica Limited

1.           Introduction

1.1          Study Scope

1.2          The Insight Partners Research Report Guidance

1.3          Market Segmentation

1.3.1          Asia Pacific Research Department Explosive Market, by Type

1.3.2          Asia Pacific Research Department Explosive Market, by Application

1.3.3          Asia Pacific Research Department Explosive Market, by Country

2.           Key Takeaways

3.           Research Methodology

3.1          Scope of the Study

3.2          Research Methodology

3.2.1          Data Collection:

3.2.2          Primary Interviews:

3.2.3          Hypothesis formulation:

3.2.4          Macro-economic factor analysis:

3.2.5          Developing base number:

3.2.6          Data Triangulation:

3.2.7          Country level data:

4.           Research Department Explosive Market Landscape

4.1          Market Overview

4.2          PEST Analysis

5.           Research Development Explosive (RDX) Market – Key Market Dynamics

5.1          Market Drivers

5.1.1          Burgeoning Spending on Defense and Military Applications

5.1.2          Broad Application of RDX in Mining and Construction Industry

5.2          Restraint

5.2.1          Stringent Regulatory Framework

5.3          Opportunity

5.3.1          Rise in Demand for RDX

5.4          Future Trend

5.4.1          Innovative Methods for Developing Energetic Materials

5.5          Impact Analysis of Drivers and Restraints

6.           Research Department Explosive – Asia Pacific Market Analysis

6.1          Research Department Explosive Market Overview

6.2          Asia Pacific Research Department Explosive Market –Revenue and Forecast to 2027 (US$ Million)

7.           Asia Pacific Research Department Explosive Market Analysis – By Type

7.1          Overview

7.2          Research Department Explosive Market, By Type (2019 and 2027)

7.3          Explosives

7.3.1          Overview

7.3.2          Explosives: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

7.4          Pyrotechnics

7.4.1          Overview

7.4.2          Pyrotechnics: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

7.5          Others

7.5.1          Overview

7.5.2          Others: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

8.           Asia Pacific Research Department Explosive Market Analysis – By Application

8.1          Overview

8.2          Research Department Explosive Market, By Application (2019 and 2027)

8.3          Military

8.3.1          Overview

8.3.2          Military: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

8.4          Civilian

8.4.1          Overview

8.4.2          Civilian: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

9.           Asia Pacific Research development explosive (RDX) Market – Geographic Analysis

9.1          Overview

9.1.1          Asia Pacific: Research development explosive (RDX) Market, by Key Country

9.1.1.1             Australia: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1             Australia: Research development explosive (RDX) Market, by Type

9.1.1.1.2             Australia: Research development explosive (RDX) Market, by Application

9.1.1.2             China: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1             China: Research development explosive (RDX) Market, by Type

9.1.1.2.2             China: Research development explosive (RDX) Market, by Application

9.1.1.3             Japan: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1             Japan: Research development explosive (RDX) Market, by Type

9.1.1.3.2             Japan: Research development explosive (RDX) Market, by Application

9.1.1.4             India: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1             India: Research development explosive (RDX) Market, by Type

9.1.1.4.2             India: Research development explosive (RDX) Market, by Application

9.1.1.5             South Korea: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.5.1             South Korea: Research development explosive (RDX) Market, by Type

9.1.1.5.2             South Korea: Research development explosive (RDX) Market, by Application

9.1.1.6             Rest of Asia Pacific: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

9.1.1.6.1             Rest of Asia Pacific: Research development explosive (RDX) Market, by Type

9.1.1.6.2             Rest of Asia Pacific: Research development explosive (RDX) Market, by Application

10.        Overview- Impact of COVID-19 on Asia Pacific Research Department Explosive (RDX) Market

10.1        Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.        Key Company Profiles

11.1        BAE Systems

11.1.1        Key Facts

11.1.2        Business Description

11.1.3        Products and Service

11.1.4        Financial Overview

11.1.5        SWOT Analysis

11.2        Chemring Group PLC

11.2.1        Key Facts

11.2.2        Business Description

11.2.3        Products and Services

11.2.4        Financial Overview

11.2.5        SWOT Analysis

11.3        PRVA ISKRA – NAMENSKA A.D.

11.3.1        Key Facts

11.3.2        Business Description

11.3.3        Products and Services

11.3.4        Financial Overview

11.3.5        SWOT Analysis

11.4        Austin Powder

11.4.1        Key Facts

11.4.2        Business Description

11.4.3        Products and Services

11.4.4        Financial Overview

11.4.5        SWOT Analysis

11.5        Dyno Nobel

11.5.1        Key Facts

11.5.2        Business Description

11.5.3        Products and Services

11.5.4        Financial Overview

11.5.5        SWOT Analysis

11.6        Ensign-Bickford Industries, Inc.

11.6.1        Key Facts

11.6.2        Business Description

11.6.3        Products and Services

11.6.4        Financial Overview

11.6.5        SWOT Analysis

11.7        Orica Limited

11.7.1        Key Facts

11.7.2        Business Description

11.7.3        Products and Services

11.7.4        Financial Overview

11.7.5        SWOT Analysis

12.        Appendix

12.1        About The Insight Partners

12.2        Glossary of Terms

LIST OF TABLES

Table 1.              Asia Pacific Research Department Explosive Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.              Australia Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 3.              Australia Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 4.              China Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 5.              China Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6.              Japan Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 7.              Japan Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 8.              India Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 9.              India Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 10.            South Korea Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 11.            South Korea Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 12.            Rest of APAC Research Department Explosive (RDX) Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 13.            Rest of APAC Research Department Explosive (RDX) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 14.              Glossary of Terms, Research Department Explosive Market

 

LIST OF FIGURES

Figure 1.            Research Department Explosive Market Segmentation

Figure 2.            Asia Pacific Research Department Explosive Market Segmentation – By Country

Figure 3.            Research Development Explosive (RDX) Market Overview

Figure 4.            Pyrotechnics Segment Held Largest Share of Asia Pacific Research Development Explosive (RDX) Market

Figure 5.            Military Held the Largest Share of Asia Pacific Research Development Explosive (RDX) Market

Figure 6.            Asia Pacific Held the Largest Share of Asia Pacific Research Development Explosive (RDX) Market

Figure 7.            Research Development Explosive (RDX) Market, Key Market Players

Figure 8.            APAC: PEST Analysis

Figure 9.            Expert Opinion

Figure 10.          Asia Pacific Research Development Explosive (RDX) Market Impact Analysis of Drivers and Restraints

Figure 11.          Research Department Explosive Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.          Research Department Explosive Market Revenue Share, by Type (2019 and 2027)

Figure 13.          Explosives: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.          Pyrotechnics: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.          Others: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.          Research Department Explosive Market Revenue Share, by Application (2019 and 2027)

Figure 17.          Military: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.          Civilian: Research Department Explosive Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.          Asia Pacific: Research Department Explosive (RDX) Market, by Key Country – Revenue (2019) (USD Million)

Figure 20.          Asia Pacific: Research development explosive (RDX) Market Revenue Share, by Key Country (2019 and 2027)

Figure 21.          Australia: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 22.          China: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 23.          Japan: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 24.          India: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 25.          South Korea: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 26.          Rest of Asia Pacific: Research development explosive (RDX) Market –Revenue and Forecast to 2027 (US$ Million)

Figure 27.            Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. Bae Systems
  2. Chemring Group PLC
  3. Austin Powder Company
  4. Dyno Nobel
  5. Ensign-Bickford Industries, Inc.
  6. Prva Iskra Namenska AD
  7. Orica Limited
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Research Department Explosive (RDX) market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Research Department Explosive (RDX) market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific Research Department Explosive (RDX) market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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