Ammonium Perchlorate (AP, CAS 7790-98-9) Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 6% from 2026 to 2033.
In 2022, the global ammonium perchlorate market was valued at approximately USD 176.97 million, with projections indicating growth to USD 228.58 million by 2028, reflecting a compound annual growth rate (CAGR) of 4.36% during the forecast period. Regionally, North America held a significant market share, accounting for 40.03% of the total revenue in 2022. The United States, in particular, contributed substantially due to its robust aerospace and defense sectors. Europe followed, with countries such as France, Germany, and the United Kingdom driving demand through their missile and space launch programs. The European market was valued at USD 150 million in 2023 and is expected to reach USD 220 million by 2032, growing at a CAGR of 4.2%.The Asia Pacific region is anticipated to experience the highest growth rate, driven by significant investments in aerospace and defense sectors, particularly in China and India. Chinas increasing satellite launches and space missions position it as a critical market for ammonium perchlorate. The Asia Pacific market size was estimated at USD 350 million in 2023 and is forecasted to reach USD 550 million by 2032, growing at a CAGR of 5.0%. This regional growth is attributed to expanding space exploration programs and increasing defense budgets. Overall, the global market is poised for steady growth, fueled by advancements in aerospace technologies and rising defense sector investments.
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American Pacific Corporation (AMPAC)
Dalian Gaojia Chemical Co. Ltd.
Safran S.A.
Tianjin Xinyuan Chemical Co. Ltd.
Yingkou Tianyuan Chemical Research Institute Co. Ltd.
Aldebarán Sistemas S.L.
Chongqing Changshou Chemical Co. Ltd.
Dalian North Potassium Chlorate Co. Ltd. (Binghang Group Co. Ltd.)
Shuangpai County Insein Chemical Co. Ltd.
GFS CHEMICALS
Pandian Chemicals Limited
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market
Aerospace
Defense
Automotive
Mining and Explosives
Pharmaceuticals
Solid Rocket Propellants
Chemical Propellants
Explosives Manufacturing
Fireworks
Catalysts
Granular Ammonium Perchlorate
Powdered Ammonium Perchlorate
Composite Propellant
High Purity (> 99%)
Standard Purity (95% - 99%)
Technical Grade (< 95%)
Direct Sales
Distributors
Online Retail
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market, By Type
6. Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market, By Application
7. Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Ammonium Perchlorate (AP, CAS 7790-98-9) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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