Global and China Gun Powder Market Insights, Forecast to 2027

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.

Market Analysis and Insights: Global and China Gun Powder Market
This report focuses on global and China Gun Powder market.
In 2020, the global Gun Powder market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Gun Powder market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Gun Powder Scope and Market Size
Gun Powder market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Gun Powder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Gun Powder market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Smokeless
Smoke

Segment by Application
Sports
Industrial
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Hodgdon
Chemring Energetics
NobelSport
Alliant Powder
Accurate Powders
IMR Powder
Ramshot Powders
Shooters World
Vihtavuori
Winchester Smokeless Powders