Explosives Manufacturing in the UK - Industry Market Research Report

Explosives Manufacturing in the UK - Industry Market Research Report

Explosives Manufacturing in the UK

The Explosives Manufacturing industry's revenue has contracted at a projected compound annual rate of 3% over the years through 2023-24. Downstream demand for bulk explosives from the construction and mining sectors was drastically squeezed by the closure of construction sites following the COVID-19 outbreak. Explosives manufacturers producing pyrotechnics and fireworks have faced significant competition from cheaper Chinese imports.

Companies in this industry manufacture explosives, pyrotechnic products and propellant powders. Industry participants may also make blasting accessories such as blasting and detonating caps, fuses, cords, signalling flares, detonators and safety fuses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.