Infinium Global Research has added a new report on Gun Powder Market. The report
presents analysis of global as well as regional markets of gun powder market
over the period of 2016 to 2024.Gunpowder has a wide number of applications. It
is used in mining for carrying out the explosion in a controlled environment.
In fireworks in conjunction with other chemicals to create explosive, colorful
visuals in fireworks and in the entertainment industry to provide special
effects in movies, televisions and stage production. These aforementioned
factors are mainly responsible for driving the gunpowder market. Besides this,
Gunpowder has been widely used as a propellant in firearms, artillery, grenades
and in several other military applications. However, gunpowder firearms are
limited primarily to hunting, target shooting, and bullet-less historical
reenactments. Furthermore, it is also used as medicine to cauterize wounds in
emergency situations. Moreover, Farmers use gunpowder to clear fields. On the
other hand, the adoption of newer alternatives such as dynamite and ammonium
nitrate/ fuel oil has been growing in modern weapons and for industrial
purpose, owing to the low cost of the alternate product. This in turn, to
hamper the growth of the gunpowder market. Also, there are strict regulations
in various jurisdictions for unsafe or insecure storage of explosive materials
such as gunpowder. Also, it requires licenses to engage in the business of
importing, manufacturing and/or distributing explosives materials.Moreover, the
growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global gun powder market but also
make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
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The recent report identified that North America dominated the
global gun powder market over the last couple of years, while emerging markets
of Asia-Pacific and Latin America are anticipated to contribute significantly
to the growth in the gun powder market worldwide.
The report segments the global gun powder market on the basis
of Types, Burn type and End-User.
Global Gun Powder Market by Types
·
Hodgdon Triple Seven
·
Alliant Green Dot
·
Winchester 748
·
IMR 4350
·
Hodgdon 4831
Global Gun Powder Market by Burn Type
·
Smokeless
·
Smoke
Global Gun Powder Market by End-User
·
Military & Defense
·
Entertainment
·
Mining
·
Fireworks
·
Construction
·
Others
Companies Profiled in the Report
·
Gunpowder Capital Corp
·
DuPont
·
PRAVISANI S.P.A.
·
G & L CALIBERS LIMITED
·
NITROKEMIA VEGYIPARI RT
·
CHEDDITE S.R.L.
·
CHEMRING ENERGETICS UK LIMITED
·
LEVERONE BRUNO
·
F.R.E. S.R.L
·
TECNOMINE S.A.S
About Infinium Global Research
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that provides its clients with market information services, solutions, and
reports. The intelligence reports include qualitative as well as quantitative
information, which are blended using forecasting models in order to project
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through which we determine various qualitative and quantitative parameters of
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