Press release
High Melting Explosive (HMX) Market to Reach New Heights by 2031, Driven by Rising Defense and Aerospace Applications
High Melting Explosive (HMX) MarketThe global market for High Melting Explosive (HMX) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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HMX, also called octogen, is a powerful and relatively insensitive nitroamine high explosive, chemically related to RDX. The compound"s name is the subject of much speculation, having been variously listed as High Melting Explosive, High-velocity Military Explosive, or High-Molecular-weight RDX.
North American market for High Melting Explosive (HMX) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for High Melting Explosive (HMX) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of High Melting Explosive (HMX) include Chemring Group, Eurenco, Prva Iskra- Namenska A.D., Austin Powder, Nitrochem, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for High Melting Explosive (HMX), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Melting Explosive (HMX).
The High Melting Explosive (HMX) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global High Melting Explosive (HMX) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Melting Explosive (HMX) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• Type I
• Type II
By Application
• Dynamite
• Rocket Propellant
• Others
Key Companies
Chemring Group, Eurenco, Prva Iskra- Namenska A.D., Austin Powder, Nitrochem
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