As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global explosives market is primarily being driven by the mining industry. The major key players of the market are concentrated in North America, especially Orica and Dyno Nobel. These leading players in the market supply significant volumes of explosives to the mining companies in the region. North America and the Asia Pacific are the leading markets in the industry. Australia is a significant explosives market in the Asia Pacific due to the presence of a large coal industry in the region. Australia accounts for 20% of the total coal output globally. The market in the Asia Pacific is also expected to be aided by the growing coal industry in Southeast Asian countries.
Download a Free Sample Report with Table of Contents - Download Now
The downstream industries of explosives are driving their market, including metal, quarrying, non-metal, and coal. The dominant end-use industry is the coal industry, accounting for more than 50% of the global consumption of explosives. The leading coal-producing countries include the United States, China, Russia, India, Australia, and Indonesia, among others. Metal mining is also emerging as a major end-use sector, especially in developing markets like Africa.
In August 2016, Yara International (OTCMKTS: YARIY), a leading player in the global explosives market, introduced its first modular ammonium nitrate plant located in Australia. The company also manufactures TAN, that is, technical ammonium nitrate. Ammonium is the major component used in the production of explosives. Thus, the explosives output is likely to increase in the coming years with this capacity addition.
Market Analysis by End-Uses and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major key players in the global explosives market include Enaex S.A., Yara International, Orica Limited., Dyno Nobel, AEL Intelligent Blasting, Sasol, Maxam Corp., and Austin Powder Company, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.