
The global market for Solid Rocket Propellant 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.
The solid rocket propellant market is a highly specialized and niche market, primarily driven by the aerospace and defense industry. Solid rocket propellants are used in rocket motors, missile systems, and other military applications due to their high energy density, predictable burn rates, and ability to operate in extreme environments.
The market is segmented based on type, application, and region. The type segment includes ammonium perchlorate composite propellant (APCP), hydroxyl-terminated polybutadiene (HTPB), and others. The application segment includes military and civilian applications. The military application segment includes rocket motors, missile systems, and others, while the civilian application segment includes space launch vehicles and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
North American market for Solid Rocket Propellant 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 Solid Rocket Propellant 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 Solid Rocket Propellant include Explosia, Pakistan Ordnance Factories, Australian Munitions, Eurenco, General Dynamics, MAXAM Corp, Rheinmetall Defence, BAE Systems, Forcit, Solar Group, 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 Solid Rocket Propellant, 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 Solid Rocket Propellant.
The Solid Rocket Propellant 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 Solid Rocket Propellant 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 Solid Rocket Propellant 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.
Market Segmentation
By Company
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Solar Group
Serbian Defence Industrial Facilities
NITRO-CHEM
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)
by Type
HTPE Propellant
NEPE Propellant
GAP Propellant
Modified Double Base XLDB Propellant
by Application
Defense
Aerospace
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solid Rocket Propellant manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solid Rocket Propellant by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solid Rocket Propellant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Solid Rocket Propellant Market Overview
1.1 Product Definition
1.2 Solid Rocket Propellant by Type
1.2.1 Global Solid Rocket Propellant Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 HTPE Propellant
1.2.3 NEPE Propellant
1.2.4 GAP Propellant
1.2.5 Modified Double Base XLDB Propellant
1.3 Solid Rocket Propellant by Application
1.3.1 Global Solid Rocket Propellant Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Defense
1.3.3 Aerospace
1.4 Global Market Growth Prospects
1.4.1 Global Solid Rocket Propellant Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Solid Rocket Propellant Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Solid Rocket Propellant Production Estimates and Forecasts (2020-2031)
1.4.4 Global Solid Rocket Propellant Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solid Rocket Propellant Production Market Share by Manufacturers (2020-2025)
2.2 Global Solid Rocket Propellant Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Solid Rocket Propellant, Industry Ranking, 2023 VS 2024
2.4 Global Solid Rocket Propellant Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Solid Rocket Propellant Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Solid Rocket Propellant, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solid Rocket Propellant, Product Offered and Application
2.8 Global Key Manufacturers of Solid Rocket Propellant, Date of Enter into This Industry
2.9 Solid Rocket Propellant Market Competitive Situation and Trends
2.9.1 Solid Rocket Propellant Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solid Rocket Propellant Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solid Rocket Propellant Production by Region
3.1 Global Solid Rocket Propellant Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Solid Rocket Propellant Production Value by Region (2020-2031)
3.2.1 Global Solid Rocket Propellant Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Solid Rocket Propellant by Region (2026-2031)
3.3 Global Solid Rocket Propellant Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Solid Rocket Propellant Production Volume by Region (2020-2031)
3.4.1 Global Solid Rocket Propellant Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Solid Rocket Propellant by Region (2026-2031)
3.5 Global Solid Rocket Propellant Market Price Analysis by Region (2020-2025)
3.6 Global Solid Rocket Propellant Production and Value, Year-over-Year Growth
3.6.1 North America Solid Rocket Propellant Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Solid Rocket Propellant Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Solid Rocket Propellant Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Solid Rocket Propellant Production Value Estimates and Forecasts (2020-2031)
4 Solid Rocket Propellant Consumption by Region
4.1 Global Solid Rocket Propellant Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Solid Rocket Propellant Consumption by Region (2020-2031)
4.2.1 Global Solid Rocket Propellant Consumption by Region (2020-2025)
4.2.2 Global Solid Rocket Propellant Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Solid Rocket Propellant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Solid Rocket Propellant Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solid Rocket Propellant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Solid Rocket Propellant Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solid Rocket Propellant Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Solid Rocket Propellant Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solid Rocket Propellant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Solid Rocket Propellant Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Solid Rocket Propellant Production by Type (2020-2031)
5.1.1 Global Solid Rocket Propellant Production by Type (2020-2025)
5.1.2 Global Solid Rocket Propellant Production by Type (2026-2031)
5.1.3 Global Solid Rocket Propellant Production Market Share by Type (2020-2031)
5.2 Global Solid Rocket Propellant Production Value by Type (2020-2031)
5.2.1 Global Solid Rocket Propellant Production Value by Type (2020-2025)
5.2.2 Global Solid Rocket Propellant Production Value by Type (2026-2031)
5.2.3 Global Solid Rocket Propellant Production Value Market Share by Type (2020-2031)
5.3 Global Solid Rocket Propellant Price by Type (2020-2031)
6 Segment by Application
6.1 Global Solid Rocket Propellant Production by Application (2020-2031)
6.1.1 Global Solid Rocket Propellant Production by Application (2020-2025)
6.1.2 Global Solid Rocket Propellant Production by Application (2026-2031)
6.1.3 Global Solid Rocket Propellant Production Market Share by Application (2020-2031)
6.2 Global Solid Rocket Propellant Production Value by Application (2020-2031)
6.2.1 Global Solid Rocket Propellant Production Value by Application (2020-2025)
6.2.2 Global Solid Rocket Propellant Production Value by Application (2026-2031)
6.2.3 Global Solid Rocket Propellant Production Value Market Share by Application (2020-2031)
6.3 Global Solid Rocket Propellant Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Explosia
7.1.1 Explosia Solid Rocket Propellant Company Information
7.1.2 Explosia Solid Rocket Propellant Product Portfolio
7.1.3 Explosia Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Explosia Main Business and Markets Served
7.1.5 Explosia Recent Developments/Updates
7.2 Pakistan Ordnance Factories
7.2.1 Pakistan Ordnance Factories Solid Rocket Propellant Company Information
7.2.2 Pakistan Ordnance Factories Solid Rocket Propellant Product Portfolio
7.2.3 Pakistan Ordnance Factories Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Pakistan Ordnance Factories Main Business and Markets Served
7.2.5 Pakistan Ordnance Factories Recent Developments/Updates
7.3 Australian Munitions
7.3.1 Australian Munitions Solid Rocket Propellant Company Information
7.3.2 Australian Munitions Solid Rocket Propellant Product Portfolio
7.3.3 Australian Munitions Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Australian Munitions Main Business and Markets Served
7.3.5 Australian Munitions Recent Developments/Updates
7.4 Eurenco
7.4.1 Eurenco Solid Rocket Propellant Company Information
7.4.2 Eurenco Solid Rocket Propellant Product Portfolio
7.4.3 Eurenco Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Eurenco Main Business and Markets Served
7.4.5 Eurenco Recent Developments/Updates
7.5 General Dynamics
7.5.1 General Dynamics Solid Rocket Propellant Company Information
7.5.2 General Dynamics Solid Rocket Propellant Product Portfolio
7.5.3 General Dynamics Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.5.4 General Dynamics Main Business and Markets Served
7.5.5 General Dynamics Recent Developments/Updates
7.6 MAXAM Corp
7.6.1 MAXAM Corp Solid Rocket Propellant Company Information
7.6.2 MAXAM Corp Solid Rocket Propellant Product Portfolio
7.6.3 MAXAM Corp Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.6.4 MAXAM Corp Main Business and Markets Served
7.6.5 MAXAM Corp Recent Developments/Updates
7.7 Rheinmetall Defence
7.7.1 Rheinmetall Defence Solid Rocket Propellant Company Information
7.7.2 Rheinmetall Defence Solid Rocket Propellant Product Portfolio
7.7.3 Rheinmetall Defence Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Rheinmetall Defence Main Business and Markets Served
7.7.5 Rheinmetall Defence Recent Developments/Updates
7.8 BAE Systems
7.8.1 BAE Systems Solid Rocket Propellant Company Information
7.8.2 BAE Systems Solid Rocket Propellant Product Portfolio
7.8.3 BAE Systems Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.8.4 BAE Systems Main Business and Markets Served
7.8.5 BAE Systems Recent Developments/Updates
7.9 Forcit
7.9.1 Forcit Solid Rocket Propellant Company Information
7.9.2 Forcit Solid Rocket Propellant Product Portfolio
7.9.3 Forcit Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Forcit Main Business and Markets Served
7.9.5 Forcit Recent Developments/Updates
7.10 Solar Group
7.10.1 Solar Group Solid Rocket Propellant Company Information
7.10.2 Solar Group Solid Rocket Propellant Product Portfolio
7.10.3 Solar Group Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Solar Group Main Business and Markets Served
7.10.5 Solar Group Recent Developments/Updates
7.11 Serbian Defence Industrial Facilities
7.11.1 Serbian Defence Industrial Facilities Solid Rocket Propellant Company Information
7.11.2 Serbian Defence Industrial Facilities Solid Rocket Propellant Product Portfolio
7.11.3 Serbian Defence Industrial Facilities Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Serbian Defence Industrial Facilities Main Business and Markets Served
7.11.5 Serbian Defence Industrial Facilities Recent Developments/Updates
7.12 NITRO-CHEM
7.12.1 NITRO-CHEM Solid Rocket Propellant Company Information
7.12.2 NITRO-CHEM Solid Rocket Propellant Product Portfolio
7.12.3 NITRO-CHEM Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.12.4 NITRO-CHEM Main Business and Markets Served
7.12.5 NITRO-CHEM Recent Developments/Updates
7.13 Poongsan Defense
7.13.1 Poongsan Defense Solid Rocket Propellant Company Information
7.13.2 Poongsan Defense Solid Rocket Propellant Product Portfolio
7.13.3 Poongsan Defense Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Poongsan Defense Main Business and Markets Served
7.13.5 Poongsan Defense Recent Developments/Updates
7.14 Liming Research Institute of Chemical Industry
7.14.1 Liming Research Institute of Chemical Industry Solid Rocket Propellant Company Information
7.14.2 Liming Research Institute of Chemical Industry Solid Rocket Propellant Product Portfolio
7.14.3 Liming Research Institute of Chemical Industry Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Liming Research Institute of Chemical Industry Main Business and Markets Served
7.14.5 Liming Research Institute of Chemical Industry Recent Developments/Updates
7.15 China North Industries Corporation (NORINCO)
7.15.1 China North Industries Corporation (NORINCO) Solid Rocket Propellant Company Information
7.15.2 China North Industries Corporation (NORINCO) Solid Rocket Propellant Product Portfolio
7.15.3 China North Industries Corporation (NORINCO) Solid Rocket Propellant Production, Value, Price and Gross Margin (2020-2025)
7.15.4 China North Industries Corporation (NORINCO) Main Business and Markets Served
7.15.5 China North Industries Corporation (NORINCO) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solid Rocket Propellant Industry Chain Analysis
8.2 Solid Rocket Propellant Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solid Rocket Propellant Production Mode & Process Analysis
8.4 Solid Rocket Propellant Sales and Marketing
8.4.1 Solid Rocket Propellant Sales Channels
8.4.2 Solid Rocket Propellant Distributors
8.5 Solid Rocket Propellant Customer Analysis
9 Solid Rocket Propellant Market Dynamics
9.1 Solid Rocket Propellant Industry Trends
9.2 Solid Rocket Propellant Market Drivers
9.3 Solid Rocket Propellant Market Challenges
9.4 Solid Rocket Propellant Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Explosia
Pakistan Ordnance Factories
Australian Munitions
Eurenco
General Dynamics
MAXAM Corp
Rheinmetall Defence
BAE Systems
Forcit
Solar Group
Serbian Defence Industrial Facilities
NITRO-CHEM
Poongsan Defense
Liming Research Institute of Chemical Industry
China North Industries Corporation (NORINCO)
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*If Applicable.
