RDX (Cyclonite) and HMX (Octogen) Market to Achieve Steady Growth at 7.1% CAGR Through 2026–2034

 According to a new report from Intel Market Research, the global RDX (Cyclonite) and HMX (Octogen) market was valued at USD 2.08 billion in 2025 and is projected to reach USD 3.63 billion by 2034, growing at a CAGR of 7.1% during the forecast period (2025-2034). This growth is driven by increasing defense expenditures globally, advancements in explosive formulations, and emerging applications in space exploration.