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Explosives Global Market Report 2022, By Type, Application, Pyrotechnics Application

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    Report

  • 175 Pages
  • February 2022
  • Region: Global
  • The Business Research Company
  • ID: 5550178
Explosives Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global explosives market.



This report focuses on explosives market which is experiencing strong growth. The report gives a guide to the explosives market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the explosives market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Explosives market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider explosives market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The explosives market section of the report gives context. It compares the explosives market with other segments of the explosives market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, explosives market indicators comparison.

Scope


Markets Covered:
1) By Type: C4; HMX; PETN; RDX; Dynamite; ANFO; Others
2) By Application: Military; Mining; Quarrying; Construction; Others
3) By Pyrotechnics Application: Display; Consumer; Procimate; Others

Companies Mentioned: Orica Mining Services; Sasol Limited; Austin Powder Company; Dyno Nobel; NOF Corp.

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Explosives Market

What is the estimated value of the Global Explosives Market?

The Global Explosives Market was estimated to be valued at $42.3 billion in 2022.

What is the growth rate of the Global Explosives Market?

The growth rate of the Global Explosives Market is 4.2%, with an estimated value of $49.87 billion by 2026.

What is the forecasted size of the Global Explosives Market?

The Global Explosives Market is estimated to be worth $49.87 billion by 2026.

Who are the key companies in the Global Explosives Market?

Key companies in the Global Explosives Market include Orica Mining Services, Sasol Limited, Austin Powder Company, Dyno Nobel, NOF Corp., BME Mining, China Poly Group, Chemring Group and ENAEX.

Table of Contents

1. Executive Summary2. Explosives Market Characteristics3. Explosives Market Trends And Strategies4. Impact Of COVID-19 On Explosives
5. Explosives Market Size And Growth
5.1. Global Explosives Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Explosives Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Explosives Market Segmentation
6.1. Global Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • C4
  • HMX
  • PETN
  • RDX
  • Dynamite
  • ANFO
  • Others
6.2. Global Explosives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Military
  • Mining
  • Quarrying
  • Construction
  • Others
6.3. Global Explosives Market, Segmentation By Pyrotechnics Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Display
  • Consumer
  • Procimate
  • Others

7. Explosives Market Regional And Country Analysis
7.1. Global Explosives Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Explosives Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Explosives Market
8.1. Asia-Pacific Explosives Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Explosives Market
9.1. China Explosives Market Overview
9.2. China Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Explosives Market
10.1. India Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Explosives Market
11.1. Japan Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Explosives Market
12.1. Australia Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Explosives Market
13.1. Indonesia Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Explosives Market
14.1. South Korea Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Explosives Market
15.1. Western Europe Explosives Market Overview
15.2. Western Europe Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Explosives Market
16.1. UK Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Explosives Market
17.1. Germany Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Explosives Market
18.3. France Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Explosives Market
19.1. Eastern Europe Explosives Market Overview
19.2. Eastern Europe Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Explosives Market
20.1. Russia Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Explosives Market
21.1. North America Explosives Market Overview
21.2. North America Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Explosives Market
22.1. USA Explosives Market Overview
22.2. USA Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Explosives Market
23.1. South America Explosives Market Overview
23.2. South America Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Explosives Market
24.1. Brazil Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Explosives Market
25.1. Middle East Explosives Market Overview
25.2. Middle East Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Explosives Market
26.1. Africa Explosives Market Overview
26.2. Africa Explosives Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Explosives Market Competitive Landscape And Company Profiles
27.1. Explosives Market Competitive Landscape
27.2. Explosives Market Company Profiles
27.2.1. Orica Mining Services
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Sasol Limited
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Austin Powder Company
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Dyno Nobel
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. NOF Corp.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Explosives Market29. Explosives Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About The Publisher
30.5. Copyright And Disclaimer

Executive Summary

Major players in the explosives market are Orica Mining Services, Sasol Limited, Austin Powder Company, Dyno Nobel, NOF Corp., BME Mining, China Poly Group, Chemring Group, Maxam Corp. and ENAEX.

The global explosives market is expected grow from $40.60 billion in 2021 to $42.30 billion in 2022 at a compound annual growth rate (CAGR) of 4.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $49.87 billion in 2026 at a CAGR of 4.2%.

The explosives market consists of revenues earned by entities (organizations, sole traders, and partnerships) that are engaged in the production and distribution of explosives. Explosives refer to materials, mixtures, and chemical compounds that are capable of exploding. The explosives are majorly divided into two categories i.e., high explosives (used in defense & military applications) and low explosives (used in civilian applications). Trinitrotoluene (TNT), RDX, and acetone peroxide (TATP) are a few of the most powerful explosives that find their applications in military, mining, and industrial applications.

The main types of explosives are C4, HMX, PETN, RDX, Dynamite, ANFO, and others. C-4 is a plastic explosive with a design identical to Semtex which is employed by both military and terrorist groups. It has a reputation for generating both a buzz and a bang. The different pyrotechnics applications include a display, consumer, procimate, others and are used in military, mining, quarrying, construction, others.

Asia Pacific was the largest region in the explosives market in 2021. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the explosives market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The contractors in the explosives market are currently resilient on the defense side as they are not affected by the COVID-19 outbreak in the short-to-mid term. The production has been affected due to disruption in the supply chain. However, the demand for the next couple of years is stable owing to the budgets that have been allotted for the projects in advance, before the outbreak of the pandemic. But the pandemic affects the demand from construction and mining sectors due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.

The surge in government spending on the defense sector in various countries including the USA, China, India, Russia, the UK, and France is projected to be a major driver for the growth of the explosives market during the period. For instance, for the financial year 2020-21, the Indian Ministry of Defense has been allocated $66.9 billion (INR 471,378 crores) which constituted 15.5% of the central government’s total budget. Similarly, according to the Stockholm International Peace Research Institute (SIPRI), the global military expenditure increased by 3.6% to reach $ 1,917 billion in 2019. Therefore, the rising government expenditure on the defense sector is anticipated to boost the demand for explosives from the defense sector over the forecast period.

Stringent regulations imposed by the government on the manufacturing and usage of explosives are expected to limit the growth of the explosives market. Explosives are harmful to the environment as well as for humans, therefore, stringent regulations are imposed on the production, storage, and use of civilian and military explosives. For instance, according to the Connecticut General Assembly (CGA), the state explosives laws are enforced by the Department of Construction Services (DCS) under CGS 29-349 guidelines. DCS mandates license and permit before transporting, using, procuring, manufacturing, selling, and storing explosives. Additionally, the government of Canada, according to the Explosives Regulations 2013, eliminated the purchase and possession permit issued by the vendors on behalf of the Explosives Regulatory division to ensure safety.

Major players operating in the explosives market are adopting various sustainable or green approaches to develop smart blasting to reduce the impact of explosives on the environment. For instance, AEL- Intelligent Blasting company announced plans to develop green solutions for mines in Francophone West Africa. In July 2019, the company announced to introduce the eco-formulation of surface emulsion that utilizes waste oil generated by the mines, which will help companies to reduce their carbon footprint. Therefore, the introduction of green approaches for smart blasting is a key trend shaping the growth of the explosives market.

In February 2020, Orica announced the acquisition of Exsa, industrial explosives manufacturer and distributor based in Peru, South America for $302 million. The acquisition is expected to establish Orica as one of the leading players in South America and to change Orica’s manufacturing footprint, drive competitive advantage, and enhance the company’s position in South America. Exsa is a Peruvian company engaged in providing solutions in rock fragmentation for infrastructure and mining industries.

The countries covered in the explosives market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Orica Mining Services
  • Sasol Limited
  • Austin Powder Company
  • Dyno Nobel
  • NOF Corp.
  • BME Mining
  • China Poly Group
  • Chemring Group
  • Maxam Corp.
  • ENAEX
  • Incitec Pivot
  • AECI Group
  • Pyro Company Fireworks
  • ePC Group
  • Alliant Techsystems
  • AEL Mining Services
  • Titanobel SAS
  • Hanwha Corp.
  • Solar Industries India
  • LSB Industries
  • Zambelli Fireworks
  • Melrose Pyrotechnics
  • Angelfire Pyrotechnics
  • Skyburst
  • Howard & Sons
  • Supreme Fireworks UK
  • Entertainment Fire-works
  • Celebration Fireworks
  • Impact Pyro
  • Societe Nationale Des Poudres Et Explosifs (SNPE)

Methodology

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