Industrial explosives are high hazard blasting explosives primarily used in the mining and construction industry. Among them, mining explosive occupies the largest market share, and it can be widely used in coal mining, quarrying mining, nonmetal mining and metal mining. Coal mining is the most important application area of mining explosive.
This report contains market size and forecasts of Explosive in global, including the following market information:
Global Explosive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Explosive Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Explosive companies in 2021 (%)
The global Explosive market was valued at 17570 million in 2021 and is projected to reach US$ 22130 million by 2028, at a CAGR of 3.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ammoniun Nitrate Explosive Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Explosive include Orica, Dyno Nobel, MAXAM, ENAEX, AEL, Yunnan Civil Explosive, Poly Permanent Union Holding Group, Gezhouba Explosive and AUSTIN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Explosive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Explosive Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Explosive Market Segment Percentages, by Type, 2021 (%)
Ammoniun Nitrate Explosive
Anfo Explosive
Bulk Emulsions Explosive
Packaged Emulsions Explosive
Initiation Accesories
Global Explosive Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Explosive Market Segment Percentages, by Application, 2021 (%)
Coal Mine
Metal Mine
Quarrying
Non-metallic Mine
Construction
Global Explosive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Explosive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Explosive revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Explosive revenues share in global market, 2021 (%)
Key companies Explosive sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Explosive sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Orica
Dyno Nobel
MAXAM
ENAEX
AEL
Yunnan Civil Explosive
Poly Permanent Union Holding Group
Gezhouba Explosive
AUSTIN
NOF Corporation
Sverdlov
BME Mining
EPC Groupe
Sasol
Anhui Jiangnan
Solar Explosives
Nanling Civil Explosive
Famesa
Sichuan Yahua
IDEAL