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Report
Mining Explosives Market Forecast to 2028
Market Report I 2023-06-22 I 100 Pages I Market Research Future
Mining Explosives Market Forecast to 2028
Market Overview
Mining Explosives Market Size is anticipated to register a CAGR of 6.78% during the forecast period. The Asia-Pacific mining explosives market represented USD 4,418.98 million in 2021 and is supposed to show a CAGR of 7.06 %. The developing mineral extraction exercises in arising economies have prompted areas of strength for the interest in wares from the mining and metal enterprises.
For example, India's mining explosives market is among the quickest developing business sector as India is quite possibly the biggest developing business sector in the Asia-Pacific locale. As per the Service of Mines, mineral creation in India expanded by 9.7% in November 2019 with a combined development of 4.7% between April 2019-November 2019. Thus, Asia-Pacific is expected to enroll the most noteworthy development rate over the estimated period.
North America's mining explosives market represents the second-biggest piece of the pie because of the rising foundation exercises alongside the popularity for energy in the modern area. Further, the US mining explosives market held the biggest piece of the pie, and the Canadian mining explosives market likewise holds a critical portion of the overall industry in the North American district.
Market Segmentation
Bulk explosives, packaged explosives, and other types are included in the type-based segmentation of the mining explosives market.
Coal mining, metal mining, and quarry & non-metal mining are the three subsectors of the worldwide mining explosives market based on end-use industry.
Metal mining is the second-fastest-growing sector of the mining explosives market. The challenges of meeting the demand for specialty commodities globally, population increase, and continuous industrialisation are anticipated to have a significant impact on how the metal mining industry develops.
Regional Insights
The Asia-Pacific mining explosives market represented USD 4,418.98 million of 2021 and is supposed to show a 7.06 % CAGR during the review time frame. The developing mineral extraction exercises in arising economies have prompted areas of strength for an in interest in wares from the mining and metal enterprises.
For example, India's mining explosives market is among the quickest developing business sector as India is quite possibly of the biggest developing business sector in the Asia-Pacific locale. Thus, Asia-Pacific is expected to enroll the most noteworthy development rate over the estimated period.
North America's mining explosives market represents the second-biggest piece of the pie because of the rising foundation exercises alongside the popularity of energy in the modern area. Further, the US mining explosives market held the biggest piece of the pie, and the Canadian mining explosives market likewise holds a critical portion of the overall industry in the North American district.
The Europe mining explosives market is expected to grow at a CAGR of 6.31% by the end of 2028. This is due to growing industrialization, along with rapid demand for mining explosives for various applications. Moreover, the German mining explosives market held the largest market share, and the France mining explosives market was the fastest-growing market in the European region.
Major Players
Key Companies in the Mining Explosives Market include Orica Limited, BME South Africa, Solar Industries India Ltd, Incitec Pivot Ltd, SASOL, YARA, Titanobel, MAXAM, Austin Detonator, Eurenco SA, Explosia, Inc., EPC Groupe, Nitroerg SA, NOF Corporation, and Hanwa Corporation.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.3 LIST OF ASSUMPTIONS
2.4 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
4 MARKET FACTOR ANALYSIS
4.1 SUPPLY CHAIN ANALYSIS
4.1.1 RAW MATERIAL SUPPLIERS
4.1.2 MANUFACTURERS/SERVICE PROVIDERS OF MINING EXPLOSIVES
4.1.3 DISTRIBUTORS/RETAILERS/WHOLESALERS/E-COMMERCE MERCHANTS
4.1.4 END-USERS
4.2 PORTER'S FIVE FORCES MODEL
4.2.1 THREAT OF NEW ENTRANTS
4.2.2 INTENSITY OF COMPETITIVE RIVALRY
4.2.3 THREAT OF SUBSTITUTES
4.2.4 BARGAINING POWER OF SUPPLIERS
4.2.5 BARGAINING POWER OF BUYERS
4.3 PRICING ANALYSIS
5 MARKET DYNAMICS OF GLOBAL MINING EXPLOSIVES MARKET
5.1 INTRODUCTION
5.2 DRIVERS
5.3 RESTRAINTS
5.4 OPPORTUNITIES
5.5 CHALLENGES
6 GLOBAL MINING EXPLOSIVES MARKET, BY TYPE
6.1 INTRODUCTION
6.2 BULK EXPLOSIVES
6.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
6.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028
6.3 PACKAGED EXPLOSIVES
6.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
6.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028
7 GLOBAL MINING EXPLOSIVES MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 COAL MINING
7.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
7.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028
7.3 METAL MINING
7.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
7.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028
7.4 QUARRY & NON-METAL MINING
7.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
7.4.2 MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028
8 GLOBAL MINING EXPLOSIVES MARKET, BY REGION
8.1 INTRODUCTION
8.2 NORTH AMERICA
8.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.2.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.2.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.2.4 US
8.2.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.2.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.2.4.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.2.5 CANADA
8.2.5.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.2.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.2.5.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3 EUROPE
8.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.4 GERMANY
8.3.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.4.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.5 FRANCE
8.3.5.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.5.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.6 ITALY
8.3.6.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.6.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.7 SPAIN
8.3.7.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.7.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.8 UK
8.3.8.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.8.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.8.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.9 RUSSIA
8.3.9.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.9.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.9.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.10 POLAND
8.3.10.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.10.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.10.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.3.11 REST OF EUROPE
8.3.11.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.3.11.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.3.11.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4 ASIA-PACIFIC
8.4.1.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.1.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.1.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.2 CHINA
8.4.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.2.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.2.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.3 INDIA
8.4.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.3.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.3.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.4 SOUTH KOREA
8.4.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.4.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.5 JAPAN
8.4.5.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.5.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.6 INDONESIA
8.4.6.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.6.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.4.7 REST OF ASIA-PACIFIC
8.4.7.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.4.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.4.7.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.5 LATIN AMERICA
8.5.1.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.5.1.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.5.1.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.5.2 BRAZIL
8.5.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.5.2.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.5.2.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.5.3 MEXICO
8.5.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.5.3.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.5.3.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.5.4 ARGENTINA
8.5.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.5.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.5.4.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.5.5 REST OF LATIN AMERICA
8.5.5.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.5.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.5.5.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6 MIDDLE EAST & AFRICA
8.6.1.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.1.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.1.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.2 SAUDI ARABIA
8.6.2.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.2.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.2.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.3 UAE
8.6.3.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.3.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.3.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.4 TURKEY
8.6.4.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.4.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.5 EGYPT
8.6.5.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.5.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.6 SOUTH AFRICA
8.6.6.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.6.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
8.6.7 REST OF THE MIDDLE EAST & AFRICA
8.6.7.1 MARKET ESTIMATES & FORECAST, 2019-2028
8.6.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2019-2028
8.6.7.3 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2028
9 COMPETITIVE LANDSCAPE
9.1 INTRODUCTION
9.2 MARKET KEY STRATEGIES
9.3 COMPETITIVE BENCHMARKING
9.4 KEY DEVELOPMENT ANALYSIS (EXPANSIONS/MERGERS & ACQUISITIONS/JOINT VENTURES/NEW MINING EXPLOSIVES DEVELOPMENTS/AGREEMENTS/INVESTMENTS)
10 COMPANY PROFILES
10.1 ORICA LIMITED
10.1.1 COMPANY OVERVIEW
10.1.2 FINANCIAL OVERVIEW
10.1.3 PRODUCTS OFFERED
10.1.4 KEY DEVELOPMENTS
10.1.5 SWOT ANALYSIS
10.1.6 KEY STRATEGIES
10.2 BME SOUTH AFRICA
10.3 SOLAR INDUSTRIES INDIA LTD
10.4 INCITEC PIVOT LTD
10.5 SASOL
10.6 YARA
10.7 TITANOBEL
10.8 MAXAM
10.9 AUSTIN DETONATOR
10.10 EURENCO SA
10.11 EXPLOSIA, INC.
10.12 EPC GROUPE
10.13 NITROERG SA
10.14 NOF CORPORATION
10.15 HANWA CORPORATION
11 APPENDIX
LIST OF TABLES
TABLE 1: GLOBAL MINING EXPLOSIVES MARKET, BY REGION, 2019-2028
TABLE 2: NORTH AMERICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 3: EUROPE: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 4: ASIA-PACIFIC: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 5: MIDDLE EAST & AFRICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 6: LATIN AMERICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 13: GLOBAL MINING EXPLOSIVES TYPE MARKET, BY REGION, 2019-2028
TABLE 14: NORTH AMERICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 15: EUROPE: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 16: ASIA-PACIFIC: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 17: MIDDLE EAST & AFRICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 18: LATIN AMERICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 19: GLOBAL MINING EXPLOSIVES TYPE MARKET, BY REGION, 2019-2028
TABLE 20: NORTH AMERICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 21: EUROPE: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 22: ASIA-PACIFIC: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 23: MIDDLE EAST & AFRICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 24: LATIN AMERICA: MINING EXPLOSIVES TYPE MARKET, BY COUNTRY, 2019-2028
TABLE 25: GLOBAL MINING EXPLOSIVES TYPE MARKET, BY REGION, 2019-2028
TABLE 26: GLOBAL MINING EXPLOSIVES TYPE MARKET, BY REGION, 2019-2028
TABLE 27: NORTH AMERICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 29: NORTH AMERICA: MINING EXPLOSIVES MARKET, BY TYPE, 2019-2028
TABLE 30: NORTH AMERICA: MINING EXPLOSIVES MARKET, BY APPLICATION, 2019-2028
TABLE 31: EUROPE: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 32: EUROPE: MINING EXPLOSIVES MARKET, BY TYPE, 2019-2028
TABLE 33: EUROPE: MINING EXPLOSIVES MARKET, BY APPLICATION, 2019-2028
TABLE 34: ASIA-PACIFIC: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 35: ASIA-PACIFIC: MINING EXPLOSIVES MARKET, BY TYPE, 2019-2028
TABLE 36: ASIA-PACIFIC: MINING EXPLOSIVES MARKET, BY APPLICATION, 2019-2028
TABLE 37: MIDDLE EAST & AFRICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 38: MIDDLE EAST & AFRICA: MINING EXPLOSIVES MARKET, BY TYPE, 2019-2028
TABLE 39: MIDDLE EAST & AFRICA: MINING EXPLOSIVES MARKET, BY APPLICATION, 2019-2028
TABLE 40: LATIN AMERICA: MINING EXPLOSIVES MARKET, BY COUNTRY, 2019-2028
TABLE 41: LATIN AMERICA: MINING EXPLOSIVES MARKET, BY TYPE, 2019-2028
TABLE 42: LATIN AMERICA: MINING EXPLOSIVES MARKET, BY APPLICATION, 2019-2028
LIST OF FIGURES
FIGURE 1 GLOBAL MINING EXPLOSIVES MARKET SEGMENTATION
FIGURE 2 FORECAST RESEARCH METHODOLOGY
FIGURE 3 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL MINING EXPLOSIVES MARKET
FIGURE 4 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL MINING EXPLOSIVES MARKET
FIGURE 5 SHARE OF GLOBAL MINING EXPLOSIVES MARKET, BY COUNTRY, 2021 (%)
FIGURE 6 GLOBAL MINING EXPLOSIVES MARKET, 2019-2028
FIGURE 7 GLOBAL MINING EXPLOSIVES MARKET SIZE, BY TYPE, 2019-2028
FIGURE 8 SHARE OF GLOBAL MINING EXPLOSIVES MARKET, BY TYPE, 2020 (%)
FIGURE 9 GLOBAL MINING EXPLOSIVES MARKET SIZE, BY APPLICATION, 2019-2028
FIGURE 10 SHARE OF GLOBAL MINING EXPLOSIVES MARKET, BY APPLICATION, 2021 (%)
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