openPR Logo
Press release

Global Gun Powder Market-Trends, Top Manufactures, Market Demands, Industry Growth Forecast: 2024

04-16-2019 08:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
Gun Powder Market

Gun Powder Market

Our latest research report entitled Gun Powder Market (by types (hodgdon triple seven, alliant green dot, winchester 748, IMR 4350, hodgdon 4831), burn type (smokeless and smoke), end-user (military & defense, entertainment, mining, fireworks, construction)) provides complete and deep insights into the market dynamics and growth of gun powder. Latest information on market risks, industry chain structure gun powder cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Gun Powder growth factors.

The forecast gun powder market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Gun Powder on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global gun powder market is projected to grow with the help of healthy CAGR over the forecast period of 2018-2024.

Ask for Sample Copy of Research Report with Table of Content @ https://www.infiniumglobalresearch.com/reports/sample-request/1617

Market Insights

Gunpowder was invented by Chinese alchemists in the 9th century. Gunpowder is a mixture of chemical substances including sulfur, charcoal, and wallpaper. Gunpowder is also known as a black powder. Gunpowder is a low-explosive substance that is used as a propellant in firearms. The sulfur and charcoal act as fuels while the saltpeter is an oxidizer. Owing to its incendiary properties and the amount of heat and gas volume that it generates, gunpowder has been widely used as a propellant in firearms, artillery, rockets, and fireworks and as a blasting powder in quarrying, mining, and road building. Gunpowder is distinguished from "high" explosives—dynamite and TNT because of its lower burning speed that produces a slower pressure wave, which is less likely to damage the barrel of a gun. Gunpowder is frequently used as an ingredient in fuses, both for fireworks and explosives.

Gunpowder has a wide number of applications. It is used in mining for carrying out the explosion in a controlled environment. In fireworks in conjunction with other chemicals to create explosive, colorful visuals in fireworks and in the entertainment industry to provide special effects in movies, televisions and stage production. These aforementioned factors are mainly responsible for driving the gunpowder market. Besides this, Gunpowder has been widely used as a propellant in firearms, artillery, grenades and in several other military applications. However, gunpowder firearms are limited primarily to hunting, target shooting, and bullet-less historical reenactments. Furthermore, it is also used as medicine to cauterize wounds in emergency situations. Moreover, Farmers use gunpowder to clear fields. On the other hand, the adoption of newer alternatives such as dynamite and ammonium nitrate/ fuel oil has been growing in modern weapons and for industrial purpose, owing to the low cost of the alternate product. This, in turn, to hamper the growth of the gunpowder market. Also, there are strict regulations in various jurisdictions for unsafe or insecure storage of explosive materials such as gunpowder. Also, it requires licenses to engage in the business of importing, manufacturing and/or distributing explosives materials.

Among the geographies, North America dominated the gunpowder market in 2017 and is expected to dominate the same throughout the forecast period owing to the vast use of gunpowder in the military, construction and entertainment industry. APAC region is the second largest region in the Gunpowder market. Countries like China, India, and Australia are responsible for driving growth in the Asia Pacific Region.

Numerous Applications of Gun Power to Promote the Growth of Gun Powder Market

Gunpowder has a wide number of applications. It is used in mining for carrying out the explosion in a controlled environment. In fireworks in conjunction with other chemicals to create explosive, colorful visuals in fireworks and in the entertainment industry to provide special effects in movies, televisions and stage production. These aforementioned factors are mainly responsible for driving the gunpowder market. Besides this, Gunpowder has been widely used as a propellant in firearms, artillery, grenades and in several other military applications.

North America Dominated the Gun Powder Market

Among the geographies, North America dominated the gunpowder market in 2017 and is expected to dominate the same throughout the forecast period owing to the vast use of gunpowder in the military, construction and entertainment industry. APAC region is the second largest region in the Gunpowder market. Countries like China, India, Australia are responsible for driving growth in the Asia Pacific Region.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-gun-powder-market

Turkey's Defense, Aviation Sector Exports on the Rise

In August 2018, the Defense and Aerospace Industry Exporters' Association announced that Exports by Turkey's defense and aviation sector rose 77 percent to $197 million in July. Among all sectors, the defense and aviation sector showed the best performance in terms of growing exports.

The gunpowder is an integral component of the defense systems. With the on-going increase in exports and rising investments in military expenditures throughout the globe. This on-going investment activity in military expenditure to benefit global gunpowder.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Gun Powder Market-Trends, Top Manufactures, Market Demands, Industry Growth Forecast: 2024 here

News-ID: 1704276 • Views:

More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: Infinium Global Research
Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058 Steady Market Growth The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2030 at 6.50% CAGR | Infinium Global Research
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266 Steady Market Growth The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Billion By 2030 | Infinium Global Research
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295 Robust Market Growth The automatic car wash market, valued at USD 4.04 billion
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at a Robust CAGR of 5.51% Between 2023 to 2030 | Infinium Global Research
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry. The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,

All 5 Releases


More Releases for Gun

Florida Gun & Gold Expands Services to Empower Legal Gun Owners and Protect Sout …
Florida Gun & Gold expands its services to become South Florida's one-stop trusted destination for firearm sales, storage, training, and legal pawn - empowering responsible gun owners and standing firm with the Jewish community. At a time when many are being told to stay silent, disarm, or comply, Florida Gun & Gold [https://gunandgold.com/] is proudly doing the opposite - expanding its full-spectrum firearm services to empower responsible gun ownership and support
New Jersey Gun Crime Lawyer Adam M. Lustberg Explains Legal Ramifications of Gho …
New Jersey gun crime lawyer Adam M. Lustberg (https://www.lustberglaw.com/blog/what-happens-if-you-get-caught-with-a-ghost-gun/) is bringing attention to the increasing legal risks associated with ghost gun possession in the state. In a recent article published by Lustberg Law Offices, LLC, Lustberg outlines the implications of owning or manufacturing untraceable firearms, known as ghost guns, and the aggressive stance New Jersey law enforcement takes in prosecuting such cases. Ghost guns are privately assembled firearms that lack serial
New Jersey Gun Crime Lawyer Adam M. Lustberg Discusses BB Gun Laws in New Jersey
New Jersey gun crime lawyer Adam M. Lustberg (https://www.lustberglaw.com/blog/are-bb-guns-legal-in-new-jersey/) highlights the strict regulations surrounding BB guns in the state. Unlike in many other parts of the country, where BB guns are considered recreational items, New Jersey classifies them as firearms. This means they are subject to the same legal restrictions as conventional guns, requiring a Firearms Purchaser Identification Card and a Pistol Purchaser Permit for purchase. Additionally, transporting these air
AutopulseX Jet Washer Gun Reviews: Is Autopulsex Pressure Washer Gun Any Good?
AutopulseX Jet Washer Gun Reviews: Is Autopulsex Pressure Washer Gun Any Good? In the quiet suburbs of Maplewood, Mike was known for his pristine lawn and spotless driveway. However, maintaining such a high standard of cleanliness wasn't easy, especially with three kids and two dogs tracking dirt and grime everywhere. Mike had tried everything: scrubbing with brushes, hosing down the driveway, and even hiring professional cleaners. Nothing provided the long-lasting,
Naperville Gun Charge Lawyer Eric Pittman Releases Insightful Article on Illinoi …
Naperville gun charge lawyer Eric Pittman (https://www.ericpittmanlaw.com/naperville-gun-charge-lawyer/) of The Law Offices of Eric Pittman has recently published an informative article detailing the intricacies of Illinois gun laws. The comprehensive article provides a comprehensive overview of the state's regulations and how they impact the rights and responsibilities of firearm owners The article addresses a crucial aspect of Illinois legislation: the necessity of a Firearm Owner's Identification (FOID) card and the need for
New Jersey Gun Crime Lawyer Adam M. Lustberg Releases Insightful Article on Cont …
New Jersey gun crime lawyer Adam M. Lustberg (https://www.lustberglaw.com/blog/how-to-beat-a-gun-charge-in-nj/) of Lustberg Law Offices, LLC, has recently published an informative article providing insights on how individuals can navigate the complex legal landscape when faced with a gun charge in New Jersey. This article comes at a crucial time as New Jersey is known for its stringent gun laws, which can lead to severe penalties including mandatory state prison time. In the article,