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Global Explosives Market Size, Share, Growth, Analysis: By End Use: Coal Mining, Metal Mining, Quarrying and Non-Metal, Construction, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Global Explosives Market Size
The global explosives market reached a volume of around 16.58 million metric tons in 2023. It is expected to grow at a CAGR of 5.20% in the forecast period of 2024-2032.
Explosives Market Report Snapshots
Explosives Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Explosives Market Analysis
8.1 Key Industry Highlights
8.2 Global Explosives Historical Market (2018-2023)
8.3 Global Explosives Market Forecast (2024-2032)
8.4 Global Explosives Market by End Use
8.4.1 Coal Mining
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Metal Mining
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Quarrying and Non-Metal
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Construction
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Explosives Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Explosives Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Explosives Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Explosives Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Explosives Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Explosives Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Enaex S.A.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Yara International ASA
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Orica Limited
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 MaxamCorp. Holding, S.L.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Austin Powder Company
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Sasol Limited
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Dyno Nobel Inc
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Explosives Market: Key Industry Highlights, 2017 and 2027
2. Global Explosives Historical Market: Breakup by End Use (Million Metric Tons), 2018-2023
3. Global Explosives Market Forecast: Breakup by End Use (Million Metric Tons), 2024-2032
4. Global Explosives Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
5. Global Explosives Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
6. North America Explosives Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
7. North America Explosives Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
8. Europe Explosives Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
9. Europe Explosives Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
10. Asia Pacific Explosives Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
11. Asia Pacific Explosives Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
12. Latin America Explosives Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
13. Latin America Explosives Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
14. Middle East and Africa Explosives Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
15. Middle East and Africa Explosives Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. Global Explosives Market Structure
Key Questions Answered in the Report
In 2023, the global explosives market attained a volume of around 16.58 million metric tons.
The explosives market is projected to grow at a CAGR of 5.20% between 2023 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about a volume of 22.22 million metric tons by 2032.
The major drivers of the market are growing mining industry, rising commodity demand, and increasing mineral production.
The key trends guiding the growth of the explosives market include the growth opportunities of battery materials, like lithium and cobalt, and increasing demand from the construction industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end uses of explosives in the market are coal mining, metal mining, quarrying and non-metal, and construction, among others.
The major players in the market are Enaex S.A., Yara International ASA, Orica Limited, MaxamCorp. Holding, S.L., Austin Powder Company, Sasol Limited, and Dyno Nobel Inc, among others.
Analyst Review
The global explosives market attained a volume of around 16.58 million metric tons in 2023, driven by the growing mining industry. Aided by the lucrative opportunities in the battery materials, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.20%. The market is projected to reach a volume of 22.22 million metric tons by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its end use, the explosives market can be segmented into coal mining, metal mining, quarrying and non-metal, construction, and others. The major regional markets for explosives are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America as the highest maturity market. The key players in the market include Enaex S.A., Yara International ASA, Orica Limited, MaxamCorp. Holding, S.L., Austin Powder Company, Sasol Limited, and Dyno Nobel Inc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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