Propellants Market to Reach USD 29.4 Billion by 2032, Driven by...

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2026-05-28 12:06:34 -

Propellants Market to Reach USD 29.4 Billion by 2032, Driven by Space Exploration and Defence Modernization

According to a report by Intel Market Research, the global propellants market was valued at USD 18.6 billion in 2024 and is projected to reach USD 29.4 billion by 2032, expanding at a CAGR of 5.9% during the forecast period. The market is witnessing strong momentum due to increasing investments in aerospace, defence modernization programs, commercial aviation growth, and advancements in...

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