Pune, India -- (SBWIRE) -- 11/01/2018 -- Gun powder was invented by Chinese alchemists in the 9th century. Gun powder is a mixture of chemical substances including sulfur, charcoal, and wallpaper. Gunpowder is also known as black powder. Gunpowder is a low-explosive substance that is used as a propellant in firearms. The sulfur and charcoal act as fuels while the saltpeter is an oxidizer. Owing to its incendiary properties and the amount of heat and gas volume that it generates, gunpowder has been widely used as a propellant in firearms, artillery, rockets, and fireworks and as a blasting powder in quarrying, mining, and road building. Gunpowder is distinguished from "high" explosives—dynamite and TNT because of its lower burning speed that produces a slower pressure wave, which is less likely to damage the barrel of a gun. Gunpowder is frequently used as an ingredient in fuses, both for fireworks and explosives.

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.

In 2018, the market size of Gun Powder is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

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In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Gun Powder.

This report studies the global market size of Gun Powder, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Gun Powder production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

In global market, the following companies are covered:

Gunpowder Capital

Dupont

Pravisani

G & L Calibers

Nitrokemia Vegyipari Rt

Cheddite

Chemring Energetics

Leverone Bruno

F.r.e.

Market Segment by Product Type

Smokeless

Market Segment by Application

Military & Defense

Entertainment

Mining

Fireworks

Construction

Key Regions split in this report: breakdown data for each region.

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the Gun Powder status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Gun Powder manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Gun Powder are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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