Press release
Ammonium Perchlorate Market to Register Unwavering Growth During 2019-2029
Market: IntroductionAmmonium Perchlorate (AP) has a chemical formula NH4ClO4 and is an inorganic compound. Ammonium perchlorate is a white solid which is soluble in water and is colorless. It is the salt of perchloric acid and ammonia. Ammonium perchlorate is a powerful oxidizing agent which is used as a key component in rocket propellants. Ammonium perchlorate is used in rocket propellants, explosives & pyrotechnics, and analytical chemistry. Ammonium perchlorate is a class-4 oxidizer and is classified as an explosive for particles which have size below 15 μm which makes it a class one explosive. Exposure to perchlorate in low concentration has led to multiple thyroid problems, so ammonium perchlorate classifies as an acute toxic substance. Ammonium perchlorate has multiple industrial use such as oxidizing or reducing agent, raw material for rockets and space shuttle fuels, it is also used as an etching & engraving agent and in analytical chemistry for separation and distillation. Dedicated pyro suppliers keep ammonium perchlorate powder as it is a regulated substance in most countries and cannot be easily purchased or transported. Ammonium perchlorate is used as an explosive material and for manufacturing of fireworks and other pyrotechnics such as model rocket motors, highway and marine distress flares among others.
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Market: Dynamics
Ammonium Perchlorate Market: Driver
Aerospace industry is characterized among the world’s prominent growing manufacturing sites in terms of economic value of product output and employment. Aerospace industry has a small number of firms and numerous international partnership at different levels. The global aerospace & defense industry experienced a solid year as demand increased for better and often travels all across the prominent regions. Global military expenditure has continue to rise owning to rising global terror attack and to maintain safety and security. Aerospace grade ammonium perchlorate is used extensively as a strong oxidizer and as an additive in the aerospace industry for the production of solid fuel rocket propellants, tactical missiles, nuclear-tipped rockets, civilian boosters and in missiles in the defense industry therefore growth in aerospace and defense industry is expected to propel the demand for ammonium perchlorate.
Ammonium Perchlorate Market: Restraints
The Environmental Protection Agency (EPA) has classified ammonium perchlorate as toxic and harmful when exposed to human. Ammonium perchlorate cause irritation on skin, eye and some thyroid problems. It is also a class one explosive, manufacturers have to go through stringent rules and regulation for using ammonium perchlorate as a raw material or as an additive.
Usage of ammonium perchlorate leads to contamination if the waste is unregulated which contains high level of ammonium perchlorate and can contaminate water owning to solubility in water if usage of ammonium perchlorate is not regularized.
Ammonium Perchlorate Market: Trends
Smokeless and ash-less signal flare in the color blue is gaining traction amongst the prominent military and defense services globally for its properties of distinctive color and minimum residue. Ammonium perchlorate is used in these flares to project a blue color flame.
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Market: Key participants
Some of the global Ammonium Perchlorate market are as follows:
hongqing Changshou Chemical Co., Ltd., Dalian North Potassium Chlorate Co., Ltd., Shuangpai County Insein Chemical Co., Ltd., Dalian Gaojia Chemical Co., Ltd., Yingkou Tianyuan Chemical Research Institute Co., Ltd, Calibre Chemicals Pvt. Ltd., The Pandian Chemicals Limited, American Pacific and Kerr-McGee Corporation among others.
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