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Monomethylamine Nitrate Market By Application (Water Gel/Slurry Explosives, Emulsion Explosives, Seismic Explosives) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Monomethylammonium nitrate is an explosive chemical with the molecular formula CH6N2O3. The monomethylamine nitrate is commonly used in military and industrial explosives. Now days, monomethylamine nitrate are used in mining and quarrying industries. The global monomethylamine nitrate market is expected to witness the steady growth globally with increasing mining activities across the world. We have considered following applications of monomethylamine nitrate to estimate the global market:

  • Water Gel/Slurry Explosives
  • Emulsion Explosives
  • Seismic Explosives

Market size and forecast of each application and form is presented for the period 2015 to 2025 along with respective CAGR % for the forecast period 2017-2025.

Geographically, the global monomethylamine nitrate market is studied for the following regional markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • E.U.7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

The market size and forecast for the period 2015-2025 along with the CAGRs for the period 2017-2025 for the mentioned segments are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as market competition analysis and attractive investment proposition are also included in this study for assessment of overall market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global monomethylamine nitrate market.

Alkyl Amines Chemicals Limited. BOC Sciences Ltd., Balaji Amines Ltd., Haihang Industry Co., Ltd., Tamil Nadu Industrial Explosives Ltd., Yick-Vic Chemicals & Pharmaceuticals (HK) Ltd., Tokyo Chemical Industry Co., Ltd., Spectrum Chemical Mfg. Corp., Merck KGaA,  and SPEX CertiPrep. are among the few key manufacturers in monomethylamine nitrate market.

Monomethylamine Nitrate Market

Purpose of the Report

The purpose of this strategic research study titled “Monomethylamine Nitrate Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the monomethylamine nitrate market.

Target Audience

  • Industry Investors
  • Procurement Managers from End-user Companies
  • Monomethylamine Nitrate Manufacturers
  • Distributors

USP and Key Offerings

The report titled “Monomethylamine Nitrate Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” offers strategic insights into the overall monomethylamine nitrate market along with the market size, and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in monomethylamine nitrate market in terms of their product portfolio, financial health and business strategies. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the monomethylamine nitrate industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Historical market size and data (2015 & 2016)

Overall, the research study provides a holistic view of the monomethylamine nitrate market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above mentioned factors.

Based on applications, the monomethylamine nitrate market is categorized into following segments:

  • Water Gel/Slurry Explosives
  • Emulsion Explosives
  • Seismic Explosives

Monomethylammonium Nitrate Market

The monomethylamine nitrate is considered to be a key sensitizer for explosives. Economic benefits coupled with high performance is expected to aid in the growth of monomethylamine nitrate market. The global monomethylamine nitrate market, according to the application is segmented into water gel/slurry explosives, emulsion explosives and seismic explosives.

Among all the applications, the water gel/ slurry explosives segment dominated the global market in 2016 in terms of value. The emulsion explosives segment is followed by seismic explosives with collectively contributing more than 45% of market share by value in 2016. Emulsion explosives is projected to be the fastest growing application segment during the forecast period.

On the basis of geographical distribution, the global monomethylamine nitrate market is segmented into following regional markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • E.U.7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East and Africa

Monomethylammonium Nitrate Market

The mining industry is one of the dominant end user for industrial explosives, with coal mining as one of the largest consuming sector. The metal mining which is present at specific geological areas, and the growing demand for metallic minerals indirectly drives the global monomethylamine nitrate market. In 2016, Asia Pacific and North America together were accounted for majority of market share of more than 60% in the global monomethylamine nitrate market by geography.  Latin America, Asia Pacific and MEA regions possess large untapped opportunities in mining, quarrying and civil work and hence the monomethylamine nitrate market is expected to grow at a significant CAGR during 2017 to 2025. Also, the upsurge in the demand for stone and cement requirement for construction activities across the globe propels the quarrying operations. This has generated the demand for monomethylamine nitrate, since it places a critical role in explosives production.

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Published Date:  Aug 2017
Category:  Chemicals
Report ID:   58638
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
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