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Industrial Explosives Market By Type (Blasting Agents, High Explosives), By Application (Construction, Mining) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Published: Dec 2017 | Report Code: 58878-12-17

Industrial explosives refer to high hazard explosive materials majorly used in quarrying, mining and construction activities. Industrial explosives when initiated properly, quickly gets transformed into gases at high temperatures and pressures. The initiation process of industrial explosives is termed as detonation. One liter of industrial explosive material can inflate up to 1,000 liters of high pressure gas within microseconds and have a tendency to reach a temperature of around 1500-4000°C. Industrial explosives are able to explode a relatively larger area when compared to traditional mechanical drills when used for the same job. Ammonium nitrate fuel oil, also abbreviated as ANFO is the most widely used industrial explosive. The composition of ammonium nitrate fuel oil include 94% ammonium nitrate and 6% fuel oil. Other important types of industrial explosives used in several applications include water gels, slurries, dynamite, TNT and emulsions among others. Use of a particular industrial explosive for a specific task totally depends upon the detonation pressure, velocity of detonation, density, effective energy, sensitivity, water resistance and storage time. Large quantities of industrial explosives are charged into the blast pit and are then detonated with the use of high explosives which have a relatively higher sensitivity. The global industrial explosives market is witnessing intense opportunities owing to a surge in demand for mineral extraction which in turn is driving the mining activities across the globe. In 2014, China extracted more than 4,000,000 kilotons of coal is expected to focus more on coal production owing to a rapid increase in demand for coal from thermal power plants. Hence, rise in mineral extraction and mining activities is anticipated to bolster the market growth over the forecast period.

Several factors such as growth in mineral extraction across the globe coupled with rising investments by the governments of several economies to enhance their trade and mineral production capacities to lift their respective GDPs in the ever competitive global market has accelerated the demand for industrial explosives across the globe. Additionally, rising demand for blasting agents especially in open pit mining owing to increasing demand for construction stones and building materials, especially from Asia-Pacific and Latin America is another major aspect driving the growth of the global industrial explosives market.

However, several factors such as volatile prices of raw materials as well as high cost of high explosives limit their usage in several end-use applications as well as limitations in storage and transportation due to their instable behavior are some key aspects impeding the market growth. Although, demand for industrial explosives is anticipated to increase in Asia Pacific owing to increase in mining and construction activities on account of rapid development in the region.

On the basis of application, mining accounts for a major share in the global industrial explosives market owing to increasing demand for precious metals such as silver and gold. Also, increasing demand for iron and copper for several industrial applications is further projected to drive the mining segment over the forecast period.

Asia Pacific is expected to be the dominant region due to increasing demand for coal from thermal power plants coupled with increasing construction activities in the region. Latin America is projected to account for the second largest share due to abundance of mineral reserves in Chile, Peru and Colombia coupled with increasing penetration of mining giants in the region.

Industrial Explosives Market

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
1.3. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Industrial Explosives Market Snapshot
2.1.1. Global Industrial Explosives Market, by Type, 2016
2.1.2. Global Industrial Explosives Market, by Application, 2016
2.1.3. Global Industrial Explosives Market, by Geography, 2016
2.2. Global Industrial Explosives Market: Premium Insight
2.2.1. Attractive Market Opportunities in the Global Industrial Explosives Market
2.2.2. Global Industrial Explosives Market: Developed vs. Developing Economy
2.2.3. Global Industrial Explosives Market: Latin America and Asia-Pacific Market Analysis

Chapter 3. Industrial Explosives Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Opportunities
3.6. Attractive Investment Proposition, by Geography

Chapter 4. Global Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
4.1. Overview
4.1.1. Attractive Investment Proposition: By Type
4.2. Blasting Agents
4.2.1. ANFO
4.2.2. Emulsion
4.2.3. Slurry
4.2.4. Others
4.3. High Explosives
4.3.1. TNT
4.3.2. Dynamite
4.3.3. C4
4.3.4. Others

Chapter 5. Global Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
5.1. Overview
5.1.1. Attractive Investment Proposition: By Application
5.2. Construction
5.3. Mining
5.3.1. Metal Mining
5.3.2. Non-Metal Mining
5.3.3. Quarrying
5.4. Others (seismic wave generation, industrial blasting etc.)

Chapter 6. Global Industrial Explosives Market, by Geography, 2015 – 2025 (Kilotons, US$ Mn)
6.1. Overview
6.2. North America Industrial Explosives Market Analysis, 2015 – 2025
6.2.1. North America Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
6.2.2. North America Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
6.2.3. North America Industrial Explosives Market, by Country, 2015 – 2025 (Kilotons, US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Industrial Explosives Analysis, 2015 – 2025
6.3.1. Europe Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
6.3.2. Europe Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
6.3.3. Europe Industrial Explosives Market, by Country, 2015 – 2025 (Kilotons, US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. France
6.3.3.4. Rest of Europe
6.4. Asia Pacific Industrial Explosives Market Analysis, 2015 – 2025
6.4.1. Asia Pacific Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
6.4.2. Asia Pacific Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
6.4.3. Asia Pacific Industrial Explosives Market, by Country, 2015 – 2025 (Kilotons, US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. India
6.4.3.4. Rest of APAC
6.5. Latin America Industrial Explosives Market Analysis, 2015 – 2025
6.5.1. Latin America Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
6.5.2. Latin America Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
6.5.3. Latin America Industrial Explosives Market, by Country, 2015 – 2025 (Kilotons, US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Rest of Latin America
6.6. Middle East & Africa (MEA) Industrial Explosives Market Analysis, 2015 – 2025
6.6.1. MEA Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
6.6.2. MEA Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
6.6.3. MEA Industrial Explosives Market, by Region, 2015 – 2025 (Kilotons, US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Orica Ltd.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. AEL Mining Services
7.2.1. Business Description
7.2.2. Financial Information (Subject to data availability)
7.2.3. Product Portfolio
7.2.4. Key Developments
7.3. Enaex S.A.
7.3.1. Business Description
7.3.2. Financial Information (Subject to data availability)
7.3.3. Product Portfolio
7.3.4. Key Developments
7.4. EXSA S.A.
7.4.1. Business Description
7.4.2. Financial Information (Subject to data availability)
7.4.3. Product Portfolio
7.4.4. Key Developments
7.5. Austin Powder Company
7.5.1. Business Description
7.5.2. Financial Information (Subject to data availability)
7.5.3. Product Portfolio
7.5.4. Key Developments
7.6. MAXAM Corp.
7.6.1. Business Description
7.6.2. Financial Information (Subject to data availability)
7.6.3. Product Portfolio
7.6.4. Key Developments
7.7. Solar Industries India Limited
7.7.1. Business Description
7.7.2. Financial Information (Subject to data availability)
7.7.3. Product Portfolio
7.7.4. Key Developments
7.8. Hubei Kailong Chemical Group Co., Ltd
7.8.1. Business Description
7.8.2. Financial Information (Subject to data availability)
7.8.3. Product Portfolio
7.8.4. Key Developments
7.9. Davey Bickford
7.9.1. Business Description
7.9.2. Financial Information (Subject to data availability)
7.9.3. Product Portfolio
7.9.4. Key Developments
7.10. Dyno Nobel
7.10.1. Business Description
7.10.2. Financial Information (Subject to data availability)
7.10.3. Product Portfolio
7.10.4. Key Developments

List Of Table :

TABLE 1 Global Industrial Explosives Market, by Type, 2015 – 2025 (Kilotons)
TABLE 2 Global Industrial Explosives Market, by Type, 2015 – 2025 (US$ Mn)
TABLE 3 Global Industrial Explosives Market, by Application, 2015 – 2025 (Kilotons)
TABLE 4 Global Industrial Explosives Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 5 Global Industrial Explosives Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 6 Global Industrial Explosives Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 7 North America Industrial Explosives, by Type, 2015 – 2025 (Kilotons)
TABLE 8 North America Industrial Explosives, by Type, 2015 – 2025 (US$ Mn)
TABLE 9 North America Industrial Explosives, by Application, 2015 – 2025 (Kilotons)
TABLE 10 North America Industrial Explosives, by Application, 2015 – 2025 (US$ Mn)
TABLE 11 North America Industrial Explosives, by Country, 2015 – 2025 (Kilotons)
TABLE 12 North America Industrial Explosives, by Country, 2015 – 2025 (US$ Mn)
TABLE 13 Europe Industrial Explosives, by Type, 2015 – 2025 (Kilotons)
TABLE 14 Europe Industrial Explosives, by Type, 2015 – 2025 (US$ Mn)
TABLE 15 Europe Industrial Explosives, by Application, 2015 – 2025 (Kilotons)
TABLE 16 Europe Industrial Explosives, by Application, 2015 – 2025 (US$ Mn)
TABLE 17 Europe Industrial Explosives, by Country, 2015 – 2025 (Kilotons)
TABLE 18 Europe Industrial Explosives, by Country, 2015 – 2025 (US$ Mn)
TABLE 19 Asia-Pacific Industrial Explosives, by Type, 2015 – 2025 (Kilotons)
TABLE 20 Asia-Pacific Industrial Explosives, by Type, 2015 – 2025 (US$ Mn)
TABLE 21 Asia-Pacific Industrial Explosives, by Application, 2015 – 2025 (Kilotons)
TABLE 22 Asia-Pacific Industrial Explosives, by Application, 2015 – 2025 (US$ Mn)
TABLE 23 Asia-Pacific Industrial Explosives, by Country, 2015 – 2025 (Kilotons)
TABLE 24 Asia-Pacific Industrial Explosives, by Country, 2015 – 2025 (US$ Mn)
TABLE 25 Latin America Industrial Explosives, by Type, 2015 – 2025 (Kilotons)
TABLE 26 Latin America Industrial Explosives, by Type, 2015 – 2025 (US$ Mn)
TABLE 27 Latin America Industrial Explosives, by Application, 2015 – 2025 (Kilotons)
TABLE 28 Latin America Industrial Explosives, by Application, 2015 – 2025 (US$ Mn)
TABLE 29 Latin America Industrial Explosives, by Country, 2015 – 2025 (Kilotons)
TABLE 30 Latin America Industrial Explosives, by Country, 2015 – 2025 (US$ Mn)
TABLE 31 Middle East and Africa Industrial Explosives, by Type, 2015 – 2025 (Kilotons)
TABLE 32 Middle East and Africa Industrial Explosives, by Type, 2015 – 2025 (US$ Mn)
TABLE 33 Middle East and Africa Industrial Explosives, by Application, 2015 – 2025 (Kilotons)
TABLE 34 Middle East and Africa Industrial Explosives, by Application, 2015 – 2025 (US$ Mn)
TABLE 35 Middle East and Africa Industrial Explosives, by Country, 2015 – 2025 (Kilotons)
TABLE 36 Middle East and Africa Industrial Explosives, by Country, 2015 – 2025 (US$ Mn)
TABLE 37 Orica Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 38 AEL Mining Services: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 39 Enaex S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 40 EXSA S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 41 Austin Powder Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 42 MAXAM Corp.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 43 Solar Industries India Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 44 Hubei Kailong Chemical Group Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 45 Davey Bickford: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 46 Dyno Nobel: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List Of Figures :

FIG. 1 Industrial Explosives: Market Segmentation
FIG. 2 Attractive Investment Proposition, by Geography
FIG. 3 Global Industrial Explosives Market Value, by Type, 2016 (Share, %)
FIG. 4 Global Biomass Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 5 Global Forage Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 6 Global Grain Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 7 Global Sweet Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 8 Global Industrial Explosives Market Value, by Application, 2016 vs. 2025 (Share, %)
FIG. 9 Global Industrial Explosives in Biofuel Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 10 Global Industrial Explosives in Human Feed Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 11 Global Industrial Explosives in Livestock Feed Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 12 Global Industrial Explosives in Others Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 13 Global Industrial Explosives Market Value, by Geography, 2016 (Share, %)
FIG. 14 U.S. Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 15 Canada Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 16 U.K. Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 17 Germany Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 18 Spain Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 19 France Industrial Explosives Market, 2015-2025 (Kilotons, US$ Mn)
FIG. 20 Italy Industrial Explosives Market, 2015-2025 (Kilotons, US$ Mn)
FIG. 21 Rest of Europe Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 22 Japan Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 23 China Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 24 India Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 25 Rest of Asia Pacific Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 26 Brazil Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 27 Mexico Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 28 Rest of Latin America Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 29 GCC Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)
FIG. 30 Rest of Middle East and Africa Industrial Explosives Market, 2015 – 2025 (Kilotons, US$ Mn)

 

The global industrial explosives market can be categorized on the basis of type as:

  • High Explosives
    • TNR
    • Dynamite
    • C4
    • Others
  • Blasting Agents
    • ANFO
    • Emulsion
    • Slurry
    • Others

Blasting agents segment was dominant in the global industrial explosives market in 2016 and is anticipated to uphold its dominance over the forecast period from 2017 to 2025. This is due to high demand for cheaper and more effective explosives especially from mining applications. Moreover, low cost is a major factor accelerating the demand for blasting agents since high explosives are costlier and are not feasible to use in bulk quantities. Also, increasing growth of tunneling activities is a major area demanding blasting agents in bulk quantities. ANFO and emulsions are the most widely used blasting agents due to ease of storage, low costs and efficient yields. ANFO is extensively used in underground mining due to increase in demand for metal ores coupled with rising investments by the governments towards the extraction of minerals through underground mining since it is considered more effective and cheaper when compared to open pit mining. Blasting agents are less reactive explosives as compared to high explosives and require high energy for their detonation. Thus, chemical stability, ease of transportation and ease of application are some other major aspects driving the demand for blasting agents across the globe. Moreover, increasing construction activities as well as increasing demand for industrial explosives in seismic wave generation for geoscience research are some other key aspects driving the demand for industrial explosives. However, increasing governmental regulations regarding air pollution and carbon emissions are some aspects anticipated to hinder the market growth.

Industrial Explosives Market

The global industrial explosives market can be categorized on the basis of application as:

  • Construction
  • Mining
    • Metal Mining
    • Non-Metal Mining
    • Quarrying
  • Others

Industrial Explosives Market

By application, mining segment accounted for the largest share in the global industrial explosives market in 2016 and expected to maintain its dominance over the forecast period. This is mainly due to rising mineral extraction activities and increasing demand for rare earth metals such as silver and gold. Also, coal, being the most widely preferred source of fuel for thermal power plants, is another major commodity driving the growth of mining industry across several regions. In addition, expansion in production capacities of several manufacturers due to increasing demand for iron, copper and other metals especially for construction and industrial purposes is another key factor driving the growth of the mining segment. Construction segment accounted for the second largest share in the global industrial explosives market is anticipated to register a significant CAGR over the forecast period. The implementation of industrial explosives for building implosions, tunneling as well as highway construction is majorly driven by growing awareness across construction professionals for the use of industrial explosives as a substitute of mechanical drills to save the overall expenditure, costs and time.

The global industrial explosives market can be categorized on the basis of regions and countries as:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC Countries
    • Rest of MEA

Industrial Explosives Market

Asia Pacific is projected to be the most lucrative region in the global industrial explosives market due to increasing demand for coal especially from thermal power plants. Moreover, increasing industrial applications of coal as a fuel in boilers is further anticipated to bolster the demand for coal, thus driving the Asia Pacific industrial explosives market. Also, increasing investments by the governments of several developing countries such as India, China and Korea towards mineral extraction and mining activities is expected to accelerate the demand for industrial explosives in the region. Also, China and India, being the major coal producers in the region are witnessing huge demands for industrial explosives. Moreover, increasing demand for rare earth minerals and metals  from neighboring countries of India and China as well as for their own consumption is further driving the industrial explosives market. This is further attracting mining companies to set up their facilities in these countries, thus driving the growth of Asia Pacific industrial explosives market. Also, increasing disposable incomes is resulting in high consumer spending across India and China. Consumers are preferring the use of precious metals such as gold & silver due to elevation in lifestyle standards as well as increasing impact of the western culture. Thus, rising demand for jewelry and ornaments further fuels the demand for extraction of gold & silver, thus driving the overall market growth. Latin America is anticipated to account for the second largest share in the global industrial explosives market due to increasing penetration of North American mining giants in the region. This is mainly because of low setup costs, increasing support by the governments as well as abundance of mineral reserves especially in Chile, Peru and Colombia. Moreover, increasing infrastructural development in the aforementioned countries further boosts the demand for industrial explosives especially from construction sector.

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