Market Overview:
The global industrial detonator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for explosives and detonators in mining and construction applications. In addition, the growing demand for industrial detonators in emerging economies is also contributing to the growth of this market. The global industrial detonator market can be segmented on the basis of type into prompt detonators and delay detonators. The prompt detonator segment is expected to account for a larger share of the global industrial detonated market duringthe forecast period owingto its high reliability and accuracy.
Product Definition:
An industrial detonator is a device used to initiate an explosive event. They are often used in the construction or demolition industry and can be set off remotely or by timer. Industrial detonators are important for safely initiating explosives events and minimizing the risk of injury to those nearby.
Prompt Detonator:
Prompt Detonator is a self-contained unit designed to initiate and control the explosion of an initiating charge. It can be used in various industries such as oil & gas, petrochemical, mining, construction and others. The product has gained wide acceptance across the globe owing to its benefits such as low maintenance cost, easy handling & storage along with high reliability for use in harsh environments.
Delay Detonator:
The delay detonator is a safety device used to prevent the premature explosion of an explosive charge. It works on the principle of time-release and is designed to release its contents over a specific period, thereby allowing safe evacuation of personnel. The device consists of two parts; an initiator and a booster. The initiator contains the main charge while the booster provides delayed activation signal through wireless or wired connection.
Application Insights:
The other application segment includes transportation, construction and others. The demand for the detonators in the building and construction industry is expected to witness growth owing to increasing investments in residential as well as commercial buildings. Moreover, growing urbanization along with industrialization and technological advancements are anticipated to drive the market over the forecast period.
The mining sector accounted for a major share of global demand in 2017 on account of its rising applications such as coal production plants, iron ore mines and oil & gas facilities among others. Furthermore, increasing exploration activities coupled with government initiatives aimed at promoting domestic industries are likely to propel industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing number of mining activities, which is anticipated to drive the demand for detonators. China, India, Australia and Japan are among the largest producers of coal, gold, iron ore and other minerals across the globe. Thus these countries have also witnessed a significant rise in mining-related activities over recent years; thereby driving product demand across numerous applications such as building demolition or blasting operations for opening up new routes or tunnels underground etc.
The North America regional market accounted for more than 20% share of global revenue in 2017 owing to rising construction spending along with increasing investments from foreign players looking at lucrative opportunities present across U.S., Mexico and Canada regions that are home to some of world’s biggest oil & gas reserves as well as mineral rich lands including copper mines (Chile), gold mines (Canada) silver mines (Mexico).
Growth Factors:
- Increasing demand for industrial explosives from the mining and construction sectors
- Growing investment in infrastructure development projects worldwide
- Rising demand for detonators in developing countries due to increasing population and rapid industrialization
- Technological advancements that have led to the development of more advanced detonators
- Proliferation of terrorism and illegal mining activities, which is driving the demand for high-quality detonators
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Detonator Market Research Report
By Type
Prompt Detonator, Delay Detonator
By Application
Mining, Building, Other
By Companies
Orica, Dyno Nobel, Austin, AEL, Davey Bickford, Maxam, Sasol, MNK, Orica, Jiangdan Chemical, Yahua Industrial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Detonator Market Report Segments:
The global Industrial Detonator market is segmented on the basis of:
Types
Prompt Detonator, Delay Detonator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Building, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Orica
- Dyno Nobel
- Austin
- AEL
- Davey Bickford
- Maxam
- Sasol
- MNK
- Orica
- Jiangdan Chemical
- Yahua Industrial
Highlights of The Industrial Detonator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prompt Detonator
- Delay Detonator
- By Application:
- Mining
- Building
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Detonator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An industrial detonator is a type of explosive that is used in industrial settings to create an explosion. These explosives are often used to break up rocks or other materials so that they can be more easily extracted.
Some of the major companies in the industrial detonator market are Orica, Dyno Nobel, Austin, AEL, Davey Bickford, Maxam, Sasol, MNK, Orica, Jiangdan Chemical, Yahua Industrial.
The industrial detonator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Detonator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Detonator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Detonator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Detonator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Detonator Market Size & Forecast, 2018-2028
4.5.1 Industrial Detonator Market Size and Y-o-Y Growth
4.5.2 Industrial Detonator Market Absolute $ Opportunity
Chapter 5 Global Industrial Detonator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Detonator Market Size Forecast by Type
5.2.1 Prompt Detonator
5.2.2 Delay Detonator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Detonator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Detonator Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Building
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Detonator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Detonator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Detonator Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Detonator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Detonator Market Size Forecast by Type
9.6.1 Prompt Detonator
9.6.2 Delay Detonator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Detonator Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Building
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Detonator Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Detonator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Detonator Market Size Forecast by Type
10.6.1 Prompt Detonator
10.6.2 Delay Detonator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Detonator Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Building
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Detonator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Detonator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Detonator Market Size Forecast by Type
11.6.1 Prompt Detonator
11.6.2 Delay Detonator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Detonator Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Building
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Detonator Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Detonator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Detonator Market Size Forecast by Type
12.6.1 Prompt Detonator
12.6.2 Delay Detonator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Detonator Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Building
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Detonator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Detonator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Detonator Market Size Forecast by Type
13.6.1 Prompt Detonator
13.6.2 Delay Detonator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Detonator Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Building
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Detonator Market: Competitive Dashboard
14.2 Global Industrial Detonator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orica
14.3.2 Dyno Nobel
14.3.3 Austin
14.3.4 AEL
14.3.5 Davey Bickford
14.3.6 Maxam
14.3.7 Sasol
14.3.8 MNK
14.3.9 Orica
14.3.10 Jiangdan Chemical
14.3.11 Yahua Industrial
