Coal Packaged Explosives Global Market Report 2025

The coal packaged explosives market size has grown strongly in recent years. It will grow from $2.65 billion in 2024 to $2.82 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to the modernization of the mining sector, an increased focus on energy security in developing economies, rising investment in mining exploration, growing coal consumption in industrial boilers, and a rise in foreign direct investment in mining sectors.

The coal packaged explosives market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rising global coal production, increasing demand for thermal coal in energy generation, the expansion of surface and underground mining operations, growing infrastructure and construction activities, and increasing demand for coking coal in steel manufacturing. Major trends in the forecast period include innovation in emulsion and water-resistant explosives, improved packaging techniques for extended shelf life, development of safer and more stable explosive compounds, integration of digital blasting technologies, and the automation of explosive loading and detonation systems.

The increasing coal mining activities are expected to propel the growth of the coal-packaged explosives market in the coming years. Coal mining involves extracting coal from underground or surface mines for use as fuel or as an industrial input. This increase in mining activity is driven by the rising demand for energy and industrial development, which supports the expansion of infrastructure and manufacturing sectors. Coal-packaged explosives are cartridge-based, controlled explosives used in coal mining to break coal seams without igniting methane or coal dust. These explosives typically contain ammonium nitrate-based mixtures and are inserted into drilled holes before being detonated under controlled conditions to ensure safe and efficient fragmentation. For example, in June 2023, Eurostat, a government agency based in Luxembourg, reported that coal production in the European Union reached 349 million tons in 2022, representing a 5 percent increase compared to 2021. Therefore, increasing coal mining activities are expected to drive the growth of the coal-packaged explosives market.

Leading companies in the coal-packaged explosives market are developing innovative solutions, such as emulsion explosives, to improve safety, performance, and adaptability in challenging mining environments. Emulsion explosives are water-in-oil blasting agents composed of fine oxidizer droplets dispersed in a fuel matrix. These explosives are known for their high energy output, stability, and resistance to extreme conditions. For instance, in January 2025, AECI Mining Explosives, a manufacturer based in Africa, launched Powergel X², an emulsion explosive designed specifically for surface mining applications, including coal mining. The product addresses operational challenges such as high-temperature blast holes and chemically reactive ground. Tailored for conditions in Southern Africa, Powergel X² offers enhanced thermal and chemical resistance, improving safety and allowing resource extraction from previously inaccessible or hazardous areas.

In May 2025, Apollo Micro Systems Ltd., an aerospace and defense company based in India, acquired IDL Explosives Ltd. for approximately 12.9 million US dollars (INR 107 crore). This strategic acquisition is aimed at strengthening Apollo’s capabilities in the defense manufacturing sector by integrating IDL’s expertise in explosives with Apollo’s existing competencies in electronics and platform development. The acquisition supports India’s Atmanirbhar Bharat (self-reliant India) initiative by boosting domestic manufacturing of explosives for industrial and defense applications. IDL Explosives Ltd. is a manufacturer based in India that specializes in producing coal-packaged explosives.

Major players in the coal packaged explosives market are Sasol Limited, Orica Limited, Dyno Nobel Ltd., ENAEX S.A., EPC Groupe, Nelson Brothers Inc., PT DAHANA, Société Suisse des Explosifs, Premier Explosives Limited, TITANOBEL SAS, Keltech Energies Ltd., AECI Mining Explosives Limited, Bulk Mining Explosives (BME), Solar Explochem India Pvt. Ltd., SBL Energy Limited, GOCL Corporation Ltd., Kayaku Japan Co. Ltd., KAPEKS Kimya Sanayi ve Ticaret A.Ş., Jogniya Explosives Pvt. Ltd., Gauthami Explosives Pvt. Ltd.

North America was the largest region in the coal packaged explosives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in coal packaged explosives report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the coal packaged explosives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Coal-packaged explosives are specialized blasting materials engineered for use in the mining industry, specifically developed to address the unique operational needs of coal extraction. These explosives are securely packaged to ensure safe handling, storage, and transport within mining environments. They are designed to deliver precise and effective rock fragmentation, which helps improve both productivity and safety in underground and surface coal mining operations.

The primary types of coal-packaged explosives include emulsions, water gels, ammonium nitrate fuel oil (ANFO), slurry explosives, and others. Emulsions are created by blending two immiscible liquids, typically an oxidizer and a fuel, resulting in a stable compound that is resistant to shock and friction. These explosives are available in various packaging formats such as bags, cylinders, drums, bulk containers, and more. Distribution channels include direct sales, distributors, and online platforms. They are used across multiple end-user industries, including mining, construction, oil and gas, defense, and others.

The coal packaged explosives market research report is one of a series of new reports that provides coal packaged explosives market statistics, including coal packaged explosives industry global market size, regional shares, competitors with a coal packaged explosives market share, detailed coal packaged explosives market segments, market trends and opportunities, and any further data you may need to thrive in the coal packaged explosives industry. This coal packaged explosives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The coal packaged explosives market consists of sales of cartridge explosives, low fume explosives, perimeter control explosives, and small-diameter explosives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.