Industrial Explosives Market

Industrial Explosives Market, By Type (High Explosives and Blasting Agents), By End-use industry (Metal Mining, on-Metal Mining, Quarrying, Construction, and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Industrial explosives are chemical mixtures that are made up of hydrogen, carbon, oxygen, and nitrogen. Industrial explosives are used for blasting in the quarrying, mining, and construction industries. When initiated, industrial explosives get converted into gases at high temperature and pressure. The process of initiation is known as detonation and leads to rock fragmentation. On the basis of type, industrial explosives are classified, based on their cap sensitivity, into high explosives and blasting agents.

Market Dynamics:

The global industrial explosives market size is set to grow at a CAGR of 5.6% during the forecast period of 2030 and is expected to reach US$ 11,718.7 million by 2030. The demand for these products has increased due to their use in petroleum geology, and water transport, among others, also the demand is also expected to grow, owing to factors such as increasing demand for high-potential explosive materials in developing countries and, growing investments in mining activities by governments.

Industrial explosives are substances that can be used for various purposes in industry, mining, and to a lesser degree agriculture. They can also be used as propellants or primers (key ingredients) in other types of explosives, such as dynamite or military ordnance. Industrial blasting is quite different from the detonation that might happen during an accident at a munitions factory—the goal being to carefully break up chunks of rock rather than create them. An industrial explosive may also be called an "explosive" or a "safely definable substance". The term is often restricted to the combustible materials classed as esters, acetals, nitrates, and chlorates; though other high-energy compounds such as perchlorates are included by many authors.

Key features of the study:

This report provides an in-depth analysis of the global industrial explosives market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players

It profiles leading players in the global industrial explosives market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered in the global industrial explosives market are Orica Limited, Irish Industrial Explosives Limited, Dyno Nobel Pty Limited/ Incitec Pivot Ltd., NOF Corporation, AEL Mining Services Ltd. / AECI Group, EURENCO, Enaex S.A., Austin Powder Holdings Company, Maxamcorp Holding S.L., Exsa S.A.,

The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.

Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics

The global industrial explosives market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global industrial explosives market.

Detailed Segmentation:

Global Industrial Explosives Market By Type:

High Explosives

Blasting Agents

Global Industrial Explosives Market By End-use industry:

Metal Mining

Non-Metal Mining

Quarrying

Construction

Others

Global Industrial Explosives Market By Region:

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Company Profiles

Orica Limited*

Company Overview

Product Portfolio

Financial Performance

Key Strategies

Recent Developments

Irish Industrial Explosives Limited

Dyno Nobel Pty Limited/ Incitec Pivot Ltd.

NOF Corporation

AEL Mining Services Ltd. / AECI Group

EURENCO

Enaex S.A.

Austin Powder Holdings Company

Maxamcorp Holding S.L.

Exsa S.A.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By End-use industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Industrial Explosives Market– Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Industrial Explosives Market, By Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
High Explosives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Blasting Agents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
6. Global Industrial Explosives Market, By End-use industry, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Metal Mining
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Non-Metal Mining
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Quarrying
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
7. Global Industrial Explosives Market , By Region, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End-use industry, 2017-2030, (US$ Mn)
Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End-use industry, 2017-2030, (US$ Mn)
Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End-use industry, 2017-2030, (US$ Mn)
Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End-use industry, 2017-2030, (US$ Mn)
Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End-use industry, 2017-2030, (US$ Mn)
Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Israel
GCC Countries
South Africa
Rest of the Middle East and Africa
8. Competitive Landscape
Orica Limited
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Irish Industrial Explosives Limited
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Dyno Nobel Pty Limited/ Incitec Pivot Ltd.
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
NOF Corporation
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
AEL Mining Services Ltd. / AECI Group
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
EURENCO
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Enaex S.A.
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Austin Powder Holdings Company
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Maxamcorp Holding S.L.
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Exsa S.A.
Company Overview
Type Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Section
Analyst Views
Research Methodology
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