Market Overview:
The global mining explosives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for coal and metal minerals across the globe. In addition, the increasing investment in infrastructure development is also fueling the demand for explosives in the mining industry. The ammonium nitrate explosives (powder) segment is projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This can be attributed to its high efficiency and low cost as compared with other types of explosives available in the market.
Product Definition:
Mining explosives are used to excavate rock and earth to create a space for mining. They are an important part of the mining process, as they allow miners to break up large chunks of material and extract valuable resources.
Ammonium Nitrate Explosives (Powder):
Ammonium nitrate is a salt formed by combining ammonia and nitric acid. It has a triple bond between the nitrogen and carbon which makes it an extremely reactive material. This reactivity property leads to its application in manufacturing explosives for mining, quarrying, civil works, etc.
Ammonium nitrate (AN) powder is used as an oxidizing agent in the processing of ores containing metals such as gold and silver.
ANFO:
ANFO or Ammonium Nitrate Fuel Oil is a type of industrial explosives used in mining and construction industries. It is a solid, colorless, and water-soluble compound with an odor similar to gasoline. ANFO consists of fuel (ammonia) mixed with oxidizer (nitric acid). The mixture can be formed into pellets or cakes depending on the end use. Pellets are usually preferred over cakes owing to their ease in handling by the miners during mining activities.
Application Insights:
Coal mining was the largest application segment in 2017 and accounted for a market share of more than 50% in terms of revenue. The growth can be attributed to increasing demand from countries, such as China, India and Japan. These countries are investing heavily in the development of coal-based power plants to fulfill their energy needs. This is expected to drive the global mining explosives market over the forecast period.
The quarrying and nonmetal mining segment is anticipated to witness significant growth over the forecast period owing to rising demand for construction materials such as granite, marble, limestone & dolomite powder (for use in countertops), crushed stone (for use in landscaping), sand & gravel (for use on roads) among others from developing economies including Brazil and South Africa.
Regional Analysis:
Asia Pacific dominated the global mining explosives market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% in 2016 owing to high demand from China, Australia, India, and Japan. In addition, increasing investments by foreign players such as BHP Billiton are likely to boost industry growth over the coming years. For instance; In April 2017; BHP Billiton announced that it had signed an agreement with Sinofert Holdings Limited for acquiring majority stake of Sino Iron & Steel Group Limited (SISG) which was previously known as Shanghai Zhenhua Heavy Industries Co., Ltd.
Latin America is also anticipated to witness significant growth due to rising metal prices coupled with increasing exploration activities across countries such as Peru and Chile. Moreover, growing demand for ammonium nitrate explosives from gold mines will drive regional market further.
Growth Factors:
- Increasing demand for metals and minerals in developing countries
- Growing population and consequent increase in the demand for metals and minerals
- Rapid industrialization in developing countries
- Rising income levels of consumers in developing countries, which is resulting in an increase in the demand for finished products that contain metals and minerals
- Technological advancements that are making mining operations more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Explosives Market Research Report
By Type
Ammonium Nitrate Explosives (Powder), ANFO, Emulsion Explosive
By Application
Coal Mining, Quarrying and Nonmetal Mining, Metal Mining
By Companies
Orica, MAXAM, AEL, IPL (Dyno Nobel), ENAEX, Sasol, Yunnan Civil Explosive, Solar Explosives, Gezhouba Explosive, EPC Groupe, Anhui Jiangnan, Poly Permanent Union Holding Group, Nanling Civil Explosive, BME Mining, NOF Corporation, IDEAL, Sichuan Yahua, AUSTIN, Kailong Chemical, Leiming Kehua
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Mining Explosives Market Report Segments:
The global Mining Explosives market is segmented on the basis of:
Types
Ammonium Nitrate Explosives (Powder), ANFO, Emulsion Explosive
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
Coal Mining, Quarrying and Nonmetal Mining, Metal Mining
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
- MAXAM
- AEL
- IPL (Dyno Nobel)
- ENAEX
- Sasol
- Yunnan Civil Explosive
- Solar Explosives
- Gezhouba Explosive
- EPC Groupe
- Anhui Jiangnan
- Poly Permanent Union Holding Group
- Nanling Civil Explosive
- BME Mining
- NOF Corporation
- IDEAL
- Sichuan Yahua
- AUSTIN
- Kailong Chemical
- Leiming Kehua
Highlights of The Mining Explosives 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:
- Ammonium Nitrate Explosives (Powder)
- ANFO
- Emulsion Explosive
- By Application:
- Coal Mining
- Quarrying and Nonmetal Mining
- Metal Mining
- 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 Mining Explosives 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Mining explosives are substances used in mining to break up rocks and release their minerals. They can be either high-explosives or low-explosives, depending on their detonation velocity and blast radius.
Some of the major companies in the mining explosives market are Orica, MAXAM, AEL, IPL (Dyno Nobel), ENAEX, Sasol, Yunnan Civil Explosive, Solar Explosives, Gezhouba Explosive, EPC Groupe, Anhui Jiangnan, Poly Permanent Union Holding Group, Nanling Civil Explosive, BME Mining, NOF Corporation, IDEAL, Sichuan Yahua, AUSTIN, Kailong Chemical, Leiming Kehua.
The mining explosives market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mining Explosives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mining Explosives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mining Explosives Market - Supply Chain
4.5. Global Mining Explosives Market Forecast
4.5.1. Mining Explosives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mining Explosives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mining Explosives Market Absolute $ Opportunity
5. Global Mining Explosives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mining Explosives Market Size and Volume Forecast by Type
5.3.1. Ammonium Nitrate Explosives (Powder)
5.3.2. ANFO
5.3.3. Emulsion Explosive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mining Explosives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mining Explosives Market Size and Volume Forecast by Application
6.3.1. Coal Mining
6.3.2. Quarrying and Nonmetal Mining
6.3.3. Metal Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mining Explosives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mining Explosives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mining Explosives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mining Explosives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mining Explosives Demand Share Forecast, 2019-2026
9. North America Mining Explosives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mining Explosives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mining Explosives Market Size and Volume Forecast by Application
9.4.1. Coal Mining
9.4.2. Quarrying and Nonmetal Mining
9.4.3. Metal Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mining Explosives Market Size and Volume Forecast by Type
9.7.1. Ammonium Nitrate Explosives (Powder)
9.7.2. ANFO
9.7.3. Emulsion Explosive
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mining Explosives Demand Share Forecast, 2019-2026
10. Latin America Mining Explosives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mining Explosives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mining Explosives Market Size and Volume Forecast by Application
10.4.1. Coal Mining
10.4.2. Quarrying and Nonmetal Mining
10.4.3. Metal Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mining Explosives Market Size and Volume Forecast by Type
10.7.1. Ammonium Nitrate Explosives (Powder)
10.7.2. ANFO
10.7.3. Emulsion Explosive
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mining Explosives Demand Share Forecast, 2019-2026
11. Europe Mining Explosives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mining Explosives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mining Explosives Market Size and Volume Forecast by Application
11.4.1. Coal Mining
11.4.2. Quarrying and Nonmetal Mining
11.4.3. Metal Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mining Explosives Market Size and Volume Forecast by Type
11.7.1. Ammonium Nitrate Explosives (Powder)
11.7.2. ANFO
11.7.3. Emulsion Explosive
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mining Explosives Demand Share, 2019-2026
12. Asia Pacific Mining Explosives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mining Explosives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mining Explosives Market Size and Volume Forecast by Application
12.4.1. Coal Mining
12.4.2. Quarrying and Nonmetal Mining
12.4.3. Metal Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mining Explosives Market Size and Volume Forecast by Type
12.7.1. Ammonium Nitrate Explosives (Powder)
12.7.2. ANFO
12.7.3. Emulsion Explosive
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mining Explosives Demand Share, 2019-2026
13. Middle East & Africa Mining Explosives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mining Explosives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mining Explosives Market Size and Volume Forecast by Application
13.4.1. Coal Mining
13.4.2. Quarrying and Nonmetal Mining
13.4.3. Metal Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mining Explosives Market Size and Volume Forecast by Type
13.7.1. Ammonium Nitrate Explosives (Powder)
13.7.2. ANFO
13.7.3. Emulsion Explosive
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mining Explosives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mining Explosives Market: Market Share Analysis
14.2. Mining Explosives Distributors and Customers
14.3. Mining Explosives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Orica
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MAXAM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AEL
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IPL (Dyno Nobel)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ENAEX
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sasol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yunnan Civil Explosive
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solar Explosives
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gezhouba Explosive
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EPC Groupe
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Anhui Jiangnan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Poly Permanent Union Holding Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nanling Civil Explosive
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BME Mining
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NOF Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IDEAL
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sichuan Yahua
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. AUSTIN
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kailong Chemical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Leiming Kehua
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
