Coal Packaged Explosives Market Report 2026

The coal packaged explosives market size has grown strongly in recent years. It will grow from $2.82 billion in 2025 to $3 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of coal mining operations, adoption of packaged explosives for underground safety, availability of ammonium nitrate supply, growth of surface mining activities, development of blasting engineering practices.

The coal packaged explosives market size is expected to see strong growth in the next few years. It will grow to $3.76 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing automation of mining operations, rising focus on precision blasting technologies, expansion of underground coal extraction, growing regulatory scrutiny on explosive handling, increasing demand for high-performance blasting agents. Major trends in the forecast period include increasing adoption of packaged emulsion explosives, rising demand for controlled blasting solutions, growing focus on mining safety standards, expansion of bulk and cartridge explosive systems, enhanced monitoring of blasting operations.

The rising coal mining activities are expected to drive the growth of the coal-packaged explosives market in the coming years. Coal mining activities involve the extraction of coal from underground or surface mines for fuel or industrial use. The increase in coal mining is driven by growing energy demand and industrial development supporting infrastructure expansion and manufacturing sectors. Coal-packaged explosives are safe, cartridge-based explosives used in coal mining to break coal seams without igniting methane or dust. They contain ammonium nitrate-based mixtures, are placed into drilled holes, and detonated under controlled conditions to efficiently fragment coal while minimizing explosion risks. For example, in 2023, the National Bureau of Statistics of China, a China-based agency in the world’s largest coal-producing country, reported that coal production reached a record 4.66 billion metric tons, up 2.9% from 2022. Thus, the increasing coal mining activities are propelling 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 September 2023, AECI Mining Explosives PLC, a South Africa-based provider of mining explosives, packaged blasting products, and related mining services, acquired Dinaser Indústria Comércio e Serviços Ltda for ZAR 45 million (approximately $2.4 million). This acquisition allowed AECI to strengthen its strategic presence in Latin America’s mining explosives sector by incorporating Dinaser’s distribution and storage facilities, as well as its operating licenses, enhancing the regional supply chain for bulk and packaged explosives used in coal and other mining applications. Dinaser Indústria Comércio e Serviços Ltda is a Brazil-based manufacturer and distributor of explosives and blasting solutions for mining, construction, and industrial applications.

Major companies operating 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 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coal packaged explosives market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coal packaged explosives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

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