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Ammonium Perchlorate is a chemical auxiliary agent used in a variety of industries, including aerospace, automotive, and electronics. It is a white, odorless, crystalline solid that is highly soluble in water and is used as an oxidizer in rocket propellants, explosives, and fireworks. It is also used as a bleaching agent in the textile industry and as a catalyst in the production of polymers.
Ammonium Perchlorate is a highly reactive compound and must be handled with care. It is toxic and can cause skin and eye irritation. It is also a hazardous air pollutant and can cause environmental damage if released into the atmosphere.
The Ammonium Perchlorate market is driven by the increasing demand for rocket propellants, explosives, and fireworks. The growing aerospace and automotive industries are also contributing to the growth of the market.
Some of the major companies in the Ammonium Perchlorate market include Solvay, AkzoNobel, BASF, Evonik Industries, and Mitsubishi Chemical Corporation. Show Less Read more