Dynomax, Gibson, and Flowmaster all make bolt-on catback exhaust systems for the Explorer.
Which one sounds more like a V8 is up to you.
The Gibson uses a 2.5" pipe with internal muffler louvres and sounds more ratty, with the BRAPPPP sound on acceleration and when you let off the gas in gear typical of straight-through mufflers and big pipes.
The Dynomax uses 2.25" pipe and has a deep muffled sound. Really nice if you want a performance increase without a ton more noise. Better for low-end torque of the OHV motor than high-end RPM use.
The Flowmaster uses a 50-series SUV muffler and sounds like...a Flowmaster. Good if you like their sound, but the muffler baffling system uses restriction to achieve it, much like an OEM-type muffler.
As pictured, you can also install a muffler of your own choosing, or go to an exhaust shop and have them fabricate something. It's also possible to combine parts (say another brand 2.25" in/out muffler that's similar in size to the Dynomax, but buy the Dynomax rear pipe, and bolt it all on using strap clamps or welding)
Magnaflow makes some pretty good straight-through mufflers, that are a straight through design, and heavy and packed with material so there's a pretty deep and somewhat loud sound to them. They may sound the most like a V8 if you're looking for noise. Otherwise I'd suggest the Dynomax Super Turbo system for a deep sound that's louder than stock, but not as noisy as other mufflers.