Global Explosive Market Growth 2023-2029

Global Explosive Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Explosive Industry Forecast” looks at past sales and reviews total world Explosive sales in 2022, providing a comprehensive analysis by region and market sector of projected Explosive sales for 2023 through 2029. With Explosive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Explosive industry.
This Insight Report provides a comprehensive analysis of the global Explosive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Explosive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Explosive market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Explosive and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Explosive.
The global Explosive market size is projected to grow from US$ 16710 million in 2022 to US$ 21450 million in 2029; it is expected to grow at a CAGR of 21450 from 2023 to 2029.
Global core explosive manufacturers include Orica, Dyno Nobel etc. The top 1 company hold a share about 20%. Asia Pacific is the largest market, with a share about 50%, followed by North America and Europe with the share about 15% and 13%.
This report presents a comprehensive overview, market shares, and growth opportunities of Explosive market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ammoniun Nitrate Explosive
Anfo Explosive
Bulk Emulsions Explosive
Packaged Emulsions Explosive
Initiation Accesories
Segmentation by application
Coal Mine
Metal Mine
Quarrying
Non-metallic Mine
Construction
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Explosive market?
What factors are driving Explosive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Explosive market opportunities vary by end market size?
How does Explosive break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.