封面
市场调查报告书
商品编码
1754318

2025 年至 2033 年工业炸药市场规模、份额、趋势及预测(按类型、最终用途行业和地区)

Industrial Explosives Market Size, Share, Trends and Forecast by Type, End Use Industry, and Region, 2025-2033

出版日期: | 出版商: IMARC | 英文 146 Pages | 商品交期: 2-3个工作天内

价格

2024年,全球工业炸药市场规模达83.3亿美元。展望未来, IMARC Group估计,到2033年,该市场规模将达到121亿美元,2025-2033年期间的复合年增长率为4.02%。亚太地区目前在2024年占据市场主导地位,占超过43.7%的显着份额。采矿业务的扩张、基础设施项目的增加、能源资源需求的不断增长、爆破技术的进步、金属开采量的增加、严格的安全标准、环保炸药的采用以及政府对资源勘探的投资,都是推动市场发展的一些因素。

全球市场主要受全球对高效采矿和建筑活动日益增长的需求所驱动。此外,尤其是在新兴经济体,基础建设项目的增加正成为市场成长的主要诱因。此外,采石和隧道施工中炸药的快速使用也促进了市场扩张。根据印度采矿和建筑设备协会 (ICRA) 的预测,印度的采矿和建筑设备 (MCE) 行业预计将在未来 5-7 年内大幅扩张,目标是实现 70-80% 的本地化,这每年可节省约 30 亿美元的外汇。该产业在 2024 财年的销售量已达到 136,000 台,预计到 2030 年将成为一个价值 250 亿美元的市场。实现这些目标需要开发强大的供应链生态系统并利用政府激励措施。此外,精密爆破技术的不断进步和更高的安全标准正在进一步扩大全球市场。此外,对金属和矿物的需求不断增长,推动了工业炸药在采矿业的应用,确保市场继续强劲成长。

美国是一个突出的关键区域市场,这得益于其不断增长的能源需求,主要是石油和天然气勘探。值得注意的是,标准普尔全球评级在 2024 年 10 月 22 日报告称,到 2030 年,美国资料中心将使天然气需求每天增加 30 亿至 60 亿立方英尺,以满足不断增长的能源需求。这项需求将主要影响德州和东南部的天然气田,推动中游能源产业的扩张。此外,在采矿过程中越来越多地使用先进的爆破技术来提高采矿过程的效率,这刺激了该行业的成长。此外,涉及高速公路和铁路的大型基础设施项目数量不断增加,也日益促进了需求。此外,透过严格的安全规则和法规遵循,环保和低排放炸药方面的创新也不断进行。除此之外,对军事和国防部门的投资不断增加,也为市场创造了积极的前景。

工业炸药市场趋势:

采矿活动需求不断成长

由于采矿活动需求的增加,尤其是对黄金、煤炭和贵金属等矿物的需求,工业炸药市场正在大幅成长。根据美国地质调查局 (USGS) 2022 年矿产商品摘要,全球工业矿物产量并非在所有商品中都呈现均匀成长。例如,某些矿物(例如锆矿精矿)的产量在 2021 年与 2020 年相比基本上保持不变。然而,美国地质调查局报告称,2022 年美国非燃料矿物产值增加了 36 亿美元,总额达到 1,052 亿美元,突显出某些产业的正面成长趋势。采矿业对炸药的需求与黄金、煤炭和锂等矿物的开采密切相关。随着全球基础设施建设项目的全面展开,对原材料的需求不断增加,这刺激了对工业炸药的需求。这些炸药在大规模开采作业(包括露天矿场和地下矿场)中对于破碎岩石和矿石也至关重要。此外,全球人口的成长导致了大规模城市化,因此对建筑材料的需求也随之增加,刺激了采矿活动。值得注意的是,采矿活动显着增加,尤其是在亚太地区,例如中国和印度等国家,采矿活动特别活跃。随着勘探活动深入更复杂、更偏远的地区,需要更先进、更有效率的炸药技术,从而继续维持工业炸药产业的成长趋势。

爆炸材料的技术进步

工业炸药市场正显着转向技术创新,以提高采矿和建筑工程炸药的效率、安全性和环保性。传统炸药一直备受争议,因为人们对其安全性以及粉尘和有毒排放等负面环境影响感到担忧。例如,先进的乳化剂、散装炸药和水基溶液等技术大大减少了上述问题。这些新型炸药不仅在产量方面更具能量,从而提高了生产率,而且还减少了不良副作用。例如,一些新配方可以最大限度地减少有毒气体的释放,而另一些配方则更加稳定,操作也更加安全。美国陆军研究实验室 (ARL) 一直致力于开发更安全的炸药材料,以减少处理和运输过程中的危险。例如,ARL 的研究人员已经合成了一种生产 2,4-二氨基-6-硝基嘧啶 (DAG) 的新方法,DAG 是炸药的关键成分。这种方法更安全、更经济,能够最大限度地降低生产过程中潜在的爆炸和燃烧危险。在环境法规非常严格、迫使企业采用这些新技术的市场中,环保炸药的开发尤其重要。随着对更清洁、更安全、更有效的炸药解决方案的需求不断增长,技术进步仍将是塑造市场的核心趋势之一。

新兴经济体的扩张

由于工业化、城镇化和基础设施建设的快速发展,工业炸药市场在发展中经济体呈现大幅成长。亚太地区、非洲和拉丁美洲等发展中地区经济发展势头强劲,建筑、采矿和采石业发展势头迅速。世界银行报告称,2023年,印度和中国等国家正在扩大其采矿和基础设施建设项目,直接影响了工业炸药的需求。中国作为全球最大的煤炭生产国,是工业炸药的重要消费国。然而,国际能源总署 (IEA) 预测,到2027年底,中国非动力火煤需求将下降,这可能会影响煤炭开采对炸药的需求。此外,非洲和拉丁美洲各国正在建设基础设施,增加了建筑和采矿业对炸药的需求。这些市场通常没有像已开发国家那样严格的环境法,因此允许使用传统的炸药材料,同时适应新的、更节能的技术。随着这些经济体的持续成长,对工业炸药的需求也随之成长,使得新兴市场成为全球整体市场扩张的主要动力。

目录

第一章:前言

第二章:范围与方法

  • 研究目标
  • 利害关係人
  • 资料来源
    • 主要来源
    • 次要来源
  • 市场评估
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第三章:执行摘要

第四章:简介

  • 概述
  • 主要行业趋势

第五章:全球工业炸药市场

  • 市场概览
  • 市场表现
  • COVID-19的影响
  • 市场预测

第六章:市场细分:依类型

  • 高爆炸药
  • 爆破剂
    • 关键部分
      • 硝酸铵燃料油(ANFO)
      • 水凝胶炸药
      • 乳液
      • 氮气炸药
      • 其他的

第七章:市场区隔:依最终用途产业

  • 矿业
    • 关键部分
      • 金属矿业
      • 非金属矿山
      • 采石
  • 建造
  • 其他的

第八章:市场区隔:依地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场区隔:依国家

第九章:SWOT分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 10 章:价值链分析

第 11 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 12 章:价格分析

第 13 章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • AECI Limited
    • Austin Powder Company
    • EPC Groupe
    • Incitec Pivot limited
    • Irish Industrial Explosives Limited
    • Keltech Energies Ltd.
    • NOF Corporation
    • Orica Limited
    • Sigdo Koppers SA
    • Solar Industries India Limited
Product Code: SR112025A5808

The global industrial explosives market size was valued at USD 8.33 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 12.10 Billion by 2033, exhibiting a CAGR of 4.02% during 2025-2033. Asia Pacific currently dominates the market in 2024, holding a significant share of over 43.7%. The expanding mining operations, growing infrastructure projects, rising demand for energy resources, advancements in blasting technologies, increasing metal extraction, stringent safety standards, adoption of eco-friendly explosives, and government investments in resource exploration are some of the factors driving the market.

The global market is primarily driven by the increasing demand for efficient mining and construction activities worldwide. Moreover, increasing infrastructure development projects, especially in emerging economies, are acting as the primary growth-inducing factors for the market. Moreover, the rapid utilization of explosives in quarrying and tunneling operations is facilitating market expansion. As per ICRA, India's mining and construction equipment (MCE) industry is projected to expand significantly over the next 5-7 years, aiming for 70-80% localization, which could save approximately USD 3 Billion annually in foreign exchange. The industry has reached 136,000-unit sales in FY2024 and is expected to become a USD 25 Billion market by 2030. Achieving these targets will require developing a robust supply chain ecosystem and leveraging government incentives. In addition, ongoing technological advancements for precision blasting and higher safety standards are further augmenting the market on a global level. Besides, the augmenting demand for metals and minerals is driving industrial explosives adoption in mining, ensuring the market continues growing at a strong pace.

The United States stands out as a key regional market, driven by the increasing energy resources demand, mainly in the form of oil and gas exploration. Notably, On October 22, 2024, S&P Global Ratings reported that U.S. data centers will raise natural gas demand by 3 to 6 billion cubic feet per day by 2030 to support growing energy needs. This demand will primarily impact natural gas fields in Texas and the Southeast, driving midstream energy sector expansion. In addition, the rise in the usage of sophisticated blasting technologies in mining processes for improving the effectiveness of mining processes is stimulating growth in the industry. Also, the increasing number of large-scale infrastructure projects that involve highways and railroads are increasingly fostering the demand. Moreover, ongoing innovations related to environmentally friendly and low-emission explosives through strict safety rules and regulatory compliances. Apart from this, growing investments in military and defense sectors, is further creating a positive outlook for the market.

Industrial Explosives Market Trends:

Increasing Demand for Mining Activities

The industrial explosives market is growing significantly due to the increasing demand for mining activities, especially in minerals such as gold, coal, and precious metals. According to the U.S. Geological Survey's (USGS) Mineral Commodity Summaries 2022, the global production of industrial minerals did not exhibit a uniform increase across all commodities. For instance, the production of certain minerals, such as zirconium mineral concentrates, remained essentially unchanged in 2021 compared to 2020. However, the USGS reported that the value of nonfuel mineral production in the United States increased by USD 3.6 Billion in 2022, reaching a total of USD 105.2 Billion, highlighting a positive growth trend in some sectors. The demand for explosives in mining is closely linked to the extraction of minerals such as gold, coal, and lithium. With global infrastructure development projects in full swing, there is a constant requirement for raw materials, which is fueling the demand for industrial explosives. These explosives are also crucial in cracking rocks and ores in massive extraction operations, including open-pit and underground mines. Moreover, the increasing number of people across the globe has led to massive urbanization, therefore, demand for building material has increased in turn, stimulating mining activities. Notably, there is a significant upsurge of mining activities especially in the regions of Asia-Pacific, where major mining activities can be seen in nations such as China and India. As exploration deepens more complex and distant regions, more advanced and efficient explosives technologies would be required and thus continue sustaining the growth trend in the industrial explosives sector.

Technological Advancements in Explosive Materials

There is a remarkable shift in the industrial explosives market towards technological innovations that increase the efficiency, safety, and environmentally friendly character of explosives for mining and construction work. Traditional explosives have always been the subject of discussion due to concerns related to their safety and the negative environmental effects such as dust and toxic emissions. Advanced emulsions, bulk explosives, and water-based solutions, for instance, have greatly diminished the issues mentioned above. These newer explosive materials are not only much more energetic in terms of yield, which increases the productivity, but also reduce adverse side effects. For instance, some of the newer formulations minimize the release of toxic gases while others are even more stable and safer to handle. The U.S. Army Research Laboratory (ARL) has been involved in developing safer explosive materials to reduce hazards during handling and transportation. For example, ARL researchers have synthesized a new method for producing 2,4-diamino-6-nitropyrimidine (DAG), a key component in explosives. This method is safer and more cost-effective, minimizing potential explosion and combustion hazards during production The environmentally friendly explosives development is especially critical in markets where environmental regulations are very strict and force companies to adopt these new technologies. As demand for cleaner, safer, and more effective explosive solutions increases, technological advancements will remain one of the core trends shaping the market.

Expansion in Emerging Economies

The industrial explosives market is showing major growth in developing economies owing to their growth and increasing pace in industrialization, urbanization, and infrastructure development works. Developing geographies of the Asia-Pacific region, Africa, and Latin America show high and brisk economic development activity, hence rapidly boosting the trend of construction mining and quarrying. In 2023, the World Bank reported that countries such as India and China are expanding their mining and infrastructure development projects, which directly impacts the demand for industrial explosives. China, as the world's largest coal producer, is a significant consumer of industrial explosives. However, the International Energy Agency (IEA) has projected a decline in China's thermal non-power coal demand through the end of 2027, which may influence the demand for explosives in coal mining. Furthermore, in Africa and Latin America, countries are building infrastructure, thus increasing the demand for explosives in the construction and mining industries. These markets often do not have the same strict environmental laws as the developed world, thus allowing for traditional explosive materials to be used while acclimating to new, more energy-efficient technologies. As these economies continue to grow, the need for industrial explosives grows with it, making emerging markets a major driver of overall market expansion around the world.

Industrial Explosives Industry Segmentation:

Analysis by Type:

  • High Explosives
  • Blasting Agents
    • Ammonium Nitrate Fuel Oil (ANFO)
    • Water Gel Explosives
    • Emulsions
    • Nitrogen Explosives
    • Others

Blasting agents lead the market in 2024. This dominance can be attributed to its extensive usage in mining, quarrying, as well as in construction. Their high safety margin compared to primary explosives makes them the preferred choice for large-scale operations. Besides, cost-effectiveness and ease of handling further improve their usage across industries. Additionally, the increasing demand for coal and minerals globally is propelling the use of blasting agents in mining applications. The market dominance is also supported by continuous advancement in formulations to improve efficiency and minimize the environmental impact.

Analysis by End Use Industry:

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

Mining leads the market in 2024 with a significant share of 70.0%. The dominance is due to the rising demand for minerals, metals, and energy resources across various industries, such as manufacturing and energy. There is increased demand for efficient processes of extraction of minerals and metals during surface and underground mining, which leads to a high penetration of these industrial explosives in industries. Moreover, ongoing advancement in blasting techniques that increase accuracy and reduce waste also helps in increased penetration of these products in markets. In addition, the global shift toward sustainable energy has increased demand for essential minerals, making mining the leading application segment within the industrial explosives market.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2024, Asia Pacific accounted for the largest market share, holding a share of over 43.7%. Rapidly growing mining and construction industries due to the fast-paced urbanization and industrialization in countries such as China, India, and Australia is majorly contributing to the market in the region. The rich mineral resources available in the region and increasing metal demand are contributing to increased explosives demand in the mining sector. Also, growing infrastructure development projects such as roadways, railways, and dams are adding substantial growth to the market. Moreover, favorable policies of the government and investments in the growth of industries further support the uptake of industrial explosives, thereby maintaining Asia Pacific as the market leader.

Key Regional Takeaways:

United States Industrial Explosives Market Analysis

The industrial explosives market in the U.S. is booming with demand from mining, construction, and defense sectors. The U.S. Geological Survey (USGS) estimated ammonia production, a critical component in many explosives, to be 14,000 thousand metric tons in 2023. Ammonia is mainly used in fertilizers, but around 12% of its production is used for various industrial purposes, such as explosives. The U.S. mining industry will continue to lead the list as the largest explosives consumer, in addition to coal, metals, and aggregates material demand. Investments in military operations, infrastructure projects, and construction or demolition of other large-scale infrastructure developments also fuel industrial explosives demand. These front-runners such as Dyno Nobel and Orica are continuously on the path to innovation in newer, safer explosives. Stringent safety regulations as well as rapid technological advancement have been creating constant growth in the U.S. market while further cementing its global supremacy.

Europe Industrial Explosives Market Analysis

Europe's ammunition market is rapidly growing as the continent strategically invests in its production capacity. The European Commission has channeled €513 Million (USD 567.3 Million) through the ASAP Regulation for 31 projects aimed at raising ammunition production and readiness. The money will catalyze another €1.4 Billion (USD 1.5 Billion) from industry co-financing. ASAP is targeting the supply chain bottlenecks which is three-quarters of funding is to go to explosives and powder. The program will add more than 10,000 tons of powder annually and more than 4,300 tons of explosives. By the end of 2025, Europe will be able to produce 2 million units of ammunition shells annually. As of January 2024, the annual production capacity for 155 mm shells in Europe had already surpassed 1 Million units, as per reports. The program also supports the construction of new production capacities, ensuring faster and more responsive ammunition and missile supplies for Europe's defense industry.

Asia Pacific Industrial Explosives Market Analysis

Industrial explosives market in the Asia Pacific region is witnessing growth mainly due to the increased mining activities. This is also evident in the development of Mali coming in partnership with China's Norinco to establish its first civil explosives plant for production towards the mining and quarrying industries. Mali imported USD 5.2 Million explosives and pyrotechnics into the country during the second quarter of 2023 to foster the increased demand from the growing mining industry. With this new plant, Mali is planning to assume complete control over explosives production that shall aid its mining industry that employs industrial explosives for the extraction of valuable minerals, such as gold, manganese, and lithium. The project, under the agreement, will be owned 51% by Mali and 49% by Norinco, with the Chinese firm financing it fully and offering expertise. The plant will be completed within 12 months and promote local employment as well as propel the economy of Mali and the region.

Latin America Industrial Explosives Market Analysis

In Latin America, mining serves as the cornerstone of the industrial explosives market, playing a vital role in the region's economy, with Brazil exemplifying this significance According to an industry report, in 2022, Brazil's mining sector paid approximately USD 1.36 Billion in royalties (CFEM) and around USD 16.72 Billion in total taxes, reflecting the importance of mining to the national economy. The Brazilian mining sector is one of the world's largest producers and uses explosives as a primary extraction tool for its iron ore, gold, and bauxite. Furthermore, the Brazilian Federal Government recently stated that Saudi Arabian mining company Ma'aden was investing USD1.55 Billion into the country to be used on geological mapping, research, and mineral exploitation in the country to further develop its mining resources. Growing the capital expenditure to this industry in terms of investment hints at continued upward trends of the demand for industrial explosives both within Brazil and by the whole of Latin America in the foreseeable future.

Middle East and Africa Industrial Explosives Market Analysis

Significant investment in the mining and industrial explosives industries in the Middle East and Africa, with some of the greatest investment seen in South Africa-a major player in the global mining industry, which is positively affecting the market. Platinum Group Metals topped mining revenue for South Africa in 2023 at 370 billion South African rand (USD 19.61 Billion), demonstrating strength in the country's production of critical minerals. In addition, copper and lithium remain significant, commanding more than 70% of the volume in 2023 as per reports, and these resources have huge demand arising, which cannot be extracted without industrial explosives. The Investing in African Mining Indaba conference, which took place in Cape Town in 2023, discussed mining as a means of Africa's future, with South African President Cyril Ramaphosa pointing out that the continent has huge potential for energy transition. This increased attention towards mineral resources coupled with global increases in the consumption of PGMs, copper, and lithium is going to further increase demand for industrial explosives in the region.

Competitive Landscape:

The competitive landscape of the market is characterized by the presence of numerous established players and emerging firms striving to gain market share. The major companies are focusing on developing innovative and sustainable products, such as low-emission and environmentally friendly explosives, to meet stringent safety and environmental regulations. Moreover, strategic partnerships, mergers, and acquisitions are prominent as firms aim to expand their geographical reach and enhance their technological capabilities. Additionally, investments in research and development to improve blasting efficiency and safety standards are intensifying competition, driving the market's dynamic growth.

The report provides a comprehensive analysis of the competitive landscape in the industrial explosives market with detailed profiles of all major companies, including:

  • AECI Limited
  • Austin Powder Company
  • EPC Groupe
  • Incitec Pivot limited
  • Irish Industrial Explosives Limited
  • Keltech Energies Ltd.
  • NOF Corporation
  • Orica Limited
  • Sigdo Koppers S.A.
  • Solar Industries India Limited

Key Questions Answered in This Report

  • 1.How big is the industrial explosives market?
  • 2.What is the future outlook of the industrial explosives market?
  • 3.What are the key factors driving the industrial explosives market?
  • 4.Which region accounts for the largest industrial explosives market share?
  • 5.Which are the leading companies in the global industrial explosives market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Industrial Explosives Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 High Explosives
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Blasting Agents
    • 6.2.1 Market Trends
    • 6.2.2 Key Segments
      • 6.2.2.1 Ammonium Nitrate Fuel Oil (ANFO)
      • 6.2.2.2 Water Gel Explosives
      • 6.2.2.3 Emulsions
      • 6.2.2.4 Nitrogen Explosives
      • 6.2.2.5 Others
    • 6.2.3 Market Forecast

7 Market Breakup by End Use Industry

  • 7.1 Mining
    • 7.1.1 Market Trends
    • 7.1.2 Key Segments
      • 7.1.2.1 Metal Mining
      • 7.1.2.2 Non-metal Mining
      • 7.1.2.3 Quarrying
    • 7.1.3 Market Forecast
  • 7.2 Construction
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Others
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 AECI Limited
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 Austin Powder Company
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
    • 13.3.3 EPC Groupe
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
    • 13.3.4 Incitec Pivot limited
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 Financials
      • 13.3.4.4 SWOT Analysis
    • 13.3.5 Irish Industrial Explosives Limited
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Keltech Energies Ltd.
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
      • 13.3.6.3 Financials
    • 13.3.7 NOF Corporation
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
      • 13.3.7.3 Financials
      • 13.3.7.4 SWOT Analysis
    • 13.3.8 Orica Limited
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
      • 13.3.8.3 Financials
      • 13.3.8.4 SWOT Analysis
    • 13.3.9 Sigdo Koppers S.A.
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
      • 13.3.9.3 Financials
    • 13.3.10 Solar Industries India Limited
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials

List of Figures

  • Figure 1: Global: Industrial Explosives Market: Major Drivers and Challenges
  • Figure 2: Global: Industrial Explosives Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Industrial Explosives Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Industrial Explosives Market: Breakup by Type (in %), 2024
  • Figure 5: Global: Industrial Explosives Market: Breakup by End Use Industry (in %), 2024
  • Figure 6: Global: Industrial Explosives Market: Breakup by Region (in %), 2024
  • Figure 7: Global: Industrial Explosives (High Explosives) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 8: Global: Industrial Explosives (High Explosives) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 9: Global: Industrial Explosives (Blasting Agents) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 10: Global: Industrial Explosives (Blasting Agents) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 11: Global: Industrial Explosives (Mining) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 12: Global: Industrial Explosives (Mining) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 13: Global: Industrial Explosives (Construction) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 14: Global: Industrial Explosives (Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 15: Global: Industrial Explosives (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 16: Global: Industrial Explosives (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 17: North America: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 18: North America: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 19: United States: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 20: United States: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 21: Canada: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 22: Canada: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 23: Asia-Pacific: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 24: Asia-Pacific: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 25: China: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 26: China: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 27: Japan: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 28: Japan: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 29: India: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 30: India: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 31: South Korea: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 32: South Korea: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 33: Australia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 34: Australia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 35: Indonesia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 36: Indonesia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 37: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 38: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 39: Europe: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 40: Europe: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 41: Germany: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 42: Germany: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 43: France: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 44: France: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 45: United Kingdom: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 46: United Kingdom: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 47: Italy: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 48: Italy: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 49: Spain: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 50: Spain: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 51: Russia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 52: Russia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 53: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 54: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 55: Latin America: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 56: Latin America: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 57: Brazil: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 58: Brazil: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 59: Mexico: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 60: Mexico: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 61: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 62: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 63: Middle East and Africa: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 64: Middle East and Africa: Industrial Explosives Market: Breakup by Country (in %), 2024
  • Figure 65: Middle East and Africa: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Global: Industrial Explosives Industry: SWOT Analysis
  • Figure 67: Global: Industrial Explosives Industry: Value Chain Analysis
  • Figure 68: Global: Industrial Explosives Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Industrial Explosives Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Industrial Explosives Market Forecast: Breakup by Type (in Million USD), 2025-2033
  • Table 3: Global: Industrial Explosives Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
  • Table 4: Global: Industrial Explosives Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 5: Global: Industrial Explosives Market: Competitive Structure
  • Table 6: Global: Industrial Explosives Market: Key Players