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Ammonium Perchlorate Market Report and Forecast 2024-2032

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    Report

  • 230 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921581
According to the report, the global ammonium perchlorate market is projected to grow at a CAGR of 6.4% between 2024 and 2032 reaching a value of around USD 314.8 million by 2032. Aided by the extensive application of ammonium perchlorate in rocket propulsion and expanding research in aerospace technology, the market is expected to grow significantly by 2032.

Ammonium perchlorate (AP) is an inorganic compound predominantly used as an oxidiser. It decomposes exothermically, producing oxygen, water, nitrogen, and hydrogen chloride, a trait that makes it invaluable for propellant applications. While the most prevalent use is in solid rocket propellants, its properties have seen it gain traction in explosives, pyrotechnics, and a range of niche applications.

The surging investments in space exploration and defense sectors across nations are predominantly driving the ammonium perchlorate market growth. With countries pushing the frontiers of aerospace technology and aiming for deeper space missions, the demand for efficient rocket propellants has skyrocketed. As one of the primary ingredients in solid rocket propellants, ammonium perchlorate's significance cannot be understated.

Furthermore, as defence departments globally aim to modernise their arsenals and maintain strategic dominance, the investment in missile technology has surged. The AP's role as a stable and reliable oxidiser ensures its continued demand in this sector, driving the market development.

As per the ammonium perchlorate market analysis, another growing sector that is utilising ammonium perchlorate extensively is pyrotechnics. Used in fireworks, flares, and other pyrotechnic devices, the compound provides the necessary oxygen for fuels in these applications to combust, thereby producing vivid colours and effects. As global festivals, national events, and entertainment shows become more grandiose, the pyrotechnics sector's appetite for ammonium perchlorate is expected to rise, contributing to the market growth.

Industrial safety measures and research into reducing the environmental impact of AP decomposition have also played a part in shaping the market dynamics. Research aimed at minimising the environmental impact of hydrogen chloride release during its use has spurred innovation and technology development, further expanding its potential applications. Furthermore, efforts are ongoing to develop more eco-friendly methods of AP production and disposal. Newer technologies are being researched to ensure safer utilisation and to mitigate environmental concerns, thus boosting the ammonium perchlorate market demand.

Market Segmentation

The market can be divided based on type, application, end use, and region.

Market Breakup by Type

  • Non Spherical (Needle)
  • Spherical

Market Breakup by Application

  • Rocket Fuel Additive
  • Strong Oxidising Agent
  • Others

Market Breakup by End Use

  • Aerospace and Defence
  • Pyrotechnics and Fireworks
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global ammonium perchlorate market. Some of the major players explored in the report are as follows:
  • American Pacific
  • Aldebarán Sistemas S.L.
  • Pandian Chemicals Limited
  • Dalian Gaojia Chemical Co., Ltd
  • Japan Carlit Co., Ltd.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Perchlorate Market Overview
8.1 Key Industry Highlights
8.2 Global Perchlorate Historical Market (2018-2023)
8.3 Global Perchlorate Market Forecast (2024-2032)
8.4 Global Perchlorate Market by Type
8.5 Global Perchlorate Market by Region
8.5.1 North America
8.5.2 Europe
8.5.3 Asia Pacific
8.5.4 Latin America
8.5.5 Middle East and Africa
9 Global Ammonium Perchlorate Market Analysis
9.1 Key Industry Highlights
9.2 Global Ammonium Perchlorate Historical Market (2018-2023)
9.3 Global Ammonium Perchlorate Market Forecast (2024-2032)
9.4 Global Ammonium Perchlorate Market by Type
9.4.1 Non Spehirical (Needle)
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Spherical
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.5 Global Ammonium Perchlorate Market by Application
9.5.1 Rocket Fuel Additive
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Strong Oxidizing Agent
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Others
9.6 Global Ammonium Perchlorate Market by End Use
9.6.1 Aerospace and Defence
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Pyrotechnics and Fireworks
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
9.6.3 Others
9.7 Global Ammonium Perchlorate Market by Region
9.7.1 North America
9.7.2 Europe
9.7.3 Asia Pacific
9.7.4 Latin America
9.7.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 American Pacific
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Aldebarán Sistemas S.L.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Pandian Chemicals Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Dalian Gaojia Chemical Co., Ltd
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Japan Carlit Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Perchlorate Market: Key Industry Highlights, 2018 and 2032
2. Global Perchlorate Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Perchlorate Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Perchlorate Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Perchlorate Market Forecast: Breakup by Region (USD Million), 2024-2032
6. Global Ammonium Perchlorate Market: Key Industry Highlights, 2018 and 2032
7. Global Ammonium Perchlorate Historical Market: Breakup by Type (USD Million), 2018-2023
8. Global Ammonium Perchlorate Market Forecast: Breakup by Type (USD Million), 2024-2032
9. Global Ammonium Perchlorate Historical Market: Breakup by Application (USD Million), 2018-2023
10. Global Ammonium Perchlorate Market Forecast: Breakup by Application (USD Million), 2024-2032
11. Global Ammonium Perchlorate Historical Market: Breakup by End Use (USD Million), 2018-2023
12. Global Ammonium Perchlorate Market Forecast: Breakup by End Use (USD Million), 2024-2032
13. Global Ammonium Perchlorate Historical Market: Breakup by Region (USD Million), 2018-2023
14. Global Ammonium Perchlorate Market Forecast: Breakup by Region (USD Million), 2024-2032
15. North America Ammonium Perchlorate Historical Market: Breakup by Country (USD Million), 2018-2023
16. North America Ammonium Perchlorate Market Forecast: Breakup by Country (USD Million), 2024-2032
17. Europe Ammonium Perchlorate Historical Market: Breakup by Country (USD Million), 2018-2023
18. Europe Ammonium Perchlorate Market Forecast: Breakup by Country (USD Million), 2024-2032
19. Asia Pacific Ammonium Perchlorate Historical Market: Breakup by Country (USD Million), 2018-2023
20. Asia Pacific Ammonium Perchlorate Market Forecast: Breakup by Country (USD Million), 2024-2032
21. Latin America Ammonium Perchlorate Historical Market: Breakup by Country (USD Million), 2018-2023
22. Latin America Ammonium Perchlorate Market Forecast: Breakup by Country (USD Million), 2024-2032
23. Middle East and Africa Ammonium Perchlorate Historical Market: Breakup by Country (USD Million), 2018-2023
24. Middle East and Africa Ammonium Perchlorate Market Forecast: Breakup by Country (USD Million), 2024-2032
25. North America Historical Price Trends and Forecast 2018-2028
26. Europe Historical Price Trends and Forecast 2018-2028
27. Asia Pacific Historical Price Trends and Forecast 2018-2028
28. Latin America Historical Price Trends and Forecast 2018-2028
29. Middle East and Africa Historical Price Trends and Forecast 2018-2028
30. Global Ammonium Perchlorate Market Structure

Companies Mentioned

  • American Pacific (APC)
  • Aldebarán Sistemas S.L.
  • Pandian Chemicals Limited
  • Dalian Gaojia Chemical Co. Ltd
  • Japan Carlit Co. Ltd.

Methodology

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