Global Explosives Market Growth 2023-2029

Global Explosives 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 “Explosives Industry Forecast” looks at past sales and reviews total world Explosives sales in 2022, providing a comprehensive analysis by region and market sector of projected Explosives sales for 2023 through 2029. With Explosives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Explosives industry.

This Insight Report provides a comprehensive analysis of the global Explosives 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 Explosives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Explosives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Explosives 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 Explosives.

The global Explosives 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 Explosives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Blasting Agents
Propellants
Pyrotechnics

Segmentation by application
Metal Mining
Coal Mining
Military
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 Mining Services
Sasol Limited
Austin Powder Company
Chemring Group
ENAEX
Maxam Corp.
Incitec Pivot
AECI Group
Pyro Company Fireworks
ePC Group
Alliant Techsystems
AEL Mining Services
Titanobel SAS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Explosives market?

What factors are driving Explosives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Explosives market opportunities vary by end market size?

How does Explosives 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.