Rocket Propellant Additives Market Report 2026

The rocket propellant additives market size has grown strongly in recent years. It will grow from $3.18 billion in 2025 to $3.44 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to military missile development, government space programs, solid propellant usage, aerospace research funding, defense modernization.

The rocket propellant additives market size is expected to see strong growth in the next few years. It will grow to $4.66 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to commercial space exploration growth, reusable launch vehicle development, advanced propulsion research, defense spending expansion, private space company investments. Major trends in the forecast period include rising demand for high energy propellants, growing use of metallic performance additives, expansion of commercial space launches, focus on combustion stability enhancement, adoption of advanced safety additives.

The rising frequency of satellite launches is expected to drive the growth of the rocket propellant additives market going forward. Satellite launches involve sending satellites into orbit around Earth using rockets or other launch vehicles. The increase in launches is primarily fueled by growing demand for communication, as more satellites are required to support internet coverage, mobile networks, and data transmission services. Rocket propellant additives enhance satellite missions by improving fuel efficiency, stability, and thrust, enabling more precise and reliable launches, lowering launch costs, extending mission lifespans, and supporting advanced communication, navigation, and observation technologies. For instance, in May 2025, according to the Satellite Industry Association, a US-based trade association for the commercial-satellite industry, in 2024, a record 259 launches deployed 2,172 tons and 2,695 satellites into Earth orbit, with a total of 11,539 satellites operating in orbit by year-end. Therefore, the increasing number of satellite launches is driving the growth of the rocket propellant additives market.

Major firms in the rocket propellant additives sector are making strategic investments to improve production of high performance solid rocket motors and advanced energetic materials. These investments support research and development, enabling manufacturers to create more efficient propellant formulations and manufacturing processes, accelerate adoption of technologies such as additive manufacturing and 3D printing, enhance the performance, reliability and safety of solid rocket motors and expand production capacity to meet increasing global defense and aerospace needs. For example, in August 2025, X Bow Systems, a US-based aerospace and defense company, invested 13.9 million dollars with the US Army to develop and test advanced solid rocket motors for the GMLRS. The goal of this funding is to use high performance propellant additives to strengthen and diversify the US solid rocket motor supply chain, establish an alternative production source, improve efficiency and consistency of missile systems, reduce production bottlenecks, enhance safety and handling of energetic materials and modernize propellant formulations to meet evolving defense requirements and future operational needs.

In June 2023, Anduril Industries Inc., a US based defense technology company, acquired Adranos Inc. for an undisclosed sum. With this acquisition Anduril intends to expand the US solid rocket motor supply base, accelerate development of advanced propulsion systems such as ALITEC and bolster national security by ensuring a reliable and competitive supply of critical munitions and hypersonic technologies. Adranos Inc. is a US based company that supplies rocket propellant additives.

Major companies operating in the rocket propellant additives market are Northrop Grumman Corporation, Aerojet Rocketdyne Holdings Inc., ArianeGroup SAS, Roxel SAS, Nammo AS, Rheinmetall AG, General Dynamics Ordnance and Tactical Systems Inc., Evonik Industries AG, NOF Corporation, L3Harris Technologies Inc., Roketsan A.Ş., Ursa Major Technologies Inc., Firehawk Aerospace Inc., Island Pyrochemical Industries Inc., Ensign-Bickford Industries Inc., ATK (Alliant Techsystems), Denel Dynamics, China Aerospace Science and Technology Corporation (CASC), China Aerospace Science and Industry Corporation (CASIC), Israel Aerospace Industries Ltd.

North America was the largest region in the rocket propellant additives market in 2025. The regions covered in the rocket propellant additives market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the rocket propellant additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The rocket propellant additives market consists of sales of aluminum and magnesium, burn rate modifiers, plasticizers, stabilizers, curing agents, and bonding agents. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by their creators.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.