Research Department Explosive (RDX) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Research Department Explosive (RDX) Market was valued at US$ 8,061.38 million in 2019 and is projected to reach US$ 10,363.27 million by 2027; it is expected to grow at a CAGR of 3% from 2021 to 2027.

Royal Demolition Explosive (RDX) is utilized in numerous military and civilian applications such as pyrotechnics and PBX charging. The significant prevalence of mineral extraction activities in the developed regions is estimated to generate scope for business growth during the forecast period. RDX (Research Department Explosive) is also known as Hexogen or Cyclonite.

Market Segments

By Application

• Military
• Civilian

By Channel

• Direct Channel
• Distribution Channel

Key Players

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 are among the well-established players in the global research department explosive (RDX) market.

Scope of the Report

The research study analyzes the global Research Department Explosive (RDX) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Research Department Explosive (RDX) Market Report

1. What was the Research Department Explosive (RDX) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Research Department Explosive (RDX) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Research Department Explosive (RDX) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.