Middle East & Africa Research Department Explosive (RDX) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Explosives, Pyrotechnics and Others), Application (Military and Civilian)

The Middle East & Africa 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 companies are continuously enhancing their overall business processes to meet the customers' demands in the best possible way. The Middle East and Africa is an evolving market for various industries such as medical, defense, automotive, and others. The Middle East and Africa market is experiencing rapid development with the growth of markets such as Dubai, Abu Dhabi, and Iran. New investment and better marketing strategies have led to the capture of market share in the Middle East and African Region. The shift in consumer lifestyles, coupled with industrialization and urbanization, enhances construction activities, which is eventually expected to stimulate the demand for the research development explosive (RDX) market.

Market Overview and Dynamics

The research department explosive (RDX) market in Middle East & Africa is expected to grow from US$ 505.46 Mn in 2019 to US$ 626.86 Mn by 2027; it is estimated to grow at a CAGR of 2.9% 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 Middle East & Africa research department explosive (RDX) market in 2019. In terms of Application, the military segment held a larger market share of the Middle East & Africa 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 Middle East & Africa 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, Ensign Bickford Industries Inc., Pvra Iskra Namenska AD and Orica Limited.

Reasons to buy report

• To understand the Middle East & Africa research department explosive (RDX) market landscape and identify market segments that are most likely to guarantee a strong return
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• Obtain market revenue forecast for market by various segments from 2020-2027 in Middle East & Africa region.

MIDDLE EAST & AFRICA RESEARCH DEPARTMENT EXPLOSIVE (RDX) MARKET SEGMENTATION

By Type

• Explosives
• Pyrotechnics
• Others

By Application

• Military
• Civilian

By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Company Profiles

• Bae Systems
• Chemring Group PLC
• Austin Powder Company
• Ensign Bickford Industries Inc.
• Pvra Iskra Namenska AD
• Orica Limited

1. Bae Systems
2. Chemring Group PLC
3. Austin Powder Company
4. Ensign Bickford Industries Inc.
5. Pvra Iskra Namenska AD
6. Orica Limited

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