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.
Mining explosives, most based on ammonium nitrate and in the form of bulk or packaged types, are widely used in mines, quarrying and nonmetal mining as well as metal mining. Many coal mines use explosives to loosen the rock and coal. In surface mining, holes are drilled through the overburden, loaded with explosives, and discharged, shattering the rock in the overburden. In one underground mining method, the coal is blasted off the bed without any undercutting to help break it down. Actually, coal mine is the largest consumer of mining explosives, which held 74.72% market share globally in 2016.
Orica is the largest manufacturer of mining explosives. With manufacture facilities located in the important mining regions, the company has become a key player and has footprints in many countries.
Global Mining Explosives market size will increase to 16800 Million US$ by 2025, from 13900 Million US$ in 2018, at a CAGR of 2.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mining Explosives.
This report researches the worldwide Mining Explosives market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Mining Explosives breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
IPL (Dyno Nobel)
Yunnan Civil Explosive
Poly Permanent Union Holding Group
Nanling Civil Explosive
Mining Explosives Breakdown Data by Type
Ammonium Nitrate Explosives (Powder)
Mining Explosives Breakdown Data by Application
Quarrying and Nonmetal Mining
Mining Explosives Production Breakdown Data by Region
Mining Explosives Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Mining Explosives capacity, production, value, consumption, status and forecast;
To focus on the key Mining Explosives manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Mining Explosives :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.