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1754318

2025 年至 2033 年工業炸藥市場規模、佔有率、趨勢及預測（按類型、最終用途行業和地區）

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個工作天內

價格

2024年，全球工業炸藥市場規模達83.3億美元。展望未來， IMARC Group估計，到2033年，該市場規模將達到121億美元，2025-2033年期間的複合年成長率為4.02%。亞太地區目前在2024年佔據市場主導地位，佔超過43.7%的顯著佔有率。採礦業務的擴張、基礎設施項目的增加、能源資源需求的不斷成長、爆破技術的進步、金屬開採量的增加、嚴格的安全標準、環保炸藥的採用以及政府對資源探勘的投資，都是推動市場發展的一些因素。

全球市場主要受全球對高效採礦和建築活動日益成長的需求所驅動。此外，尤其是在新興經濟體，基礎建設項目的增加正成為市場成長的主要誘因。此外，採石和隧道施工中炸藥的快速使用也促進了市場擴張。根據印度採礦和建築設備協會 (ICRA) 的預測，印度的採礦和建築設備 (MCE) 行業預計將在未來 5-7 年內大幅擴張，目標是實現 70-80% 的本地化，這每年可節省約 30 億美元的外匯。該產業在 2024 會計年度的銷售量已達到 136,000 台，預計到 2030 年將成為一個價值 250 億美元的市場。實現這些目標需要開發強大的供應鏈生態系統並利用政府激勵措施。此外，精密爆破技術的不斷進步和更高的安全標準正在進一步擴大全球市場。此外，對金屬和礦物的需求不斷成長，推動了工業炸藥在採礦業的應用，確保市場繼續強勁成長。

美國是一個突出的關鍵區域市場，這得益於其不斷成長的能源需求，主要是石油和天然氣探勘。值得注意的是，標準普爾全球評級在 2024 年 10 月 22 日報告稱，到 2030 年，美國資料中心將使天然氣需求每天增加 30 億至 60 億立方英尺，以滿足不斷成長的能源需求。這項需求將主要影響德州和東南部的天然氣田，推動中游能源產業的擴張。此外，在採礦過程中擴大使用先進的爆破技術來提高採礦過程的效率，這刺激了該行業的成長。此外，涉及高速公路和鐵路的大型基礎設施項目數量不斷增加，也日益促進了需求。此外，透過嚴格的安全規則和法規遵循，環保和低排放炸藥方面的創新也不斷進行。除此之外，對軍事和國防部門的投資不斷增加，也為市場創造了積極的前景。

工業炸藥市場趨勢：

採礦活動需求不斷成長

由於採礦活動需求的增加，尤其是對黃金、煤炭和貴金屬等礦物的需求，工業炸藥市場正在大幅成長。根據美國地質調查局 (USGS) 2022 年礦產商品摘要，全球工業礦物產量並非在所有商品中都呈現均勻成長。例如，某些礦物（例如鋯礦精礦）的產量在 2021 年與 2020 年相比基本上保持不變。然而，美國地質調查局報告稱，2022 年美國非燃料礦物產值增加了 36 億美元，總額達到 1,052 億美元，突顯出某些產業的正面成長趨勢。採礦業對炸藥的需求與黃金、煤炭和鋰等礦物的開採密切相關。隨著全球基礎設施建設項目的全面展開，對原料的需求不斷增加，這刺激了對工業炸藥的需求。這些炸藥在大規模開採作業（包括露天礦場和地下礦場）中對於破碎岩石和礦石也至關重要。此外，全球人口的成長導致了大規模城市化，因此對建築材料的需求也隨之增加，刺激了採礦活動。值得注意的是，採礦活動顯著增加，尤其是在亞太地區，例如中國和印度等國家，採礦活動特別活躍。隨著探勘活動深入更複雜、更偏遠的地區，需要更先進、更有效率的炸藥技術，從而繼續維持工業炸藥產業的成長趨勢。

爆炸材料的技術進步

工業炸藥市場正顯著轉向技術創新，以提高採礦和建築工程炸藥的效率、安全性和環保性。傳統炸藥一直備受爭議，因為人們對其安全性以及粉塵和有毒排放等負面環境影響感到擔憂。例如，先進的乳化劑、散裝炸藥和水基溶液等技術大大減少了上述問題。這些新型炸藥不僅在產量方面更具能量，從而提高了生產率，而且還減少了不良副作用。例如，一些新配方可以最大限度地減少有毒氣體的釋放，而另一些配方則更加穩定，操作也更加安全。美國陸軍研究實驗室 (ARL) 一直致力於開發更安全的炸藥材料，以減少處理和運輸過程中的危險。例如，ARL 的研究人員已經合成了一種生產 2,4-二氨基-6-硝基嘧啶 (DAG) 的新方法，DAG 是炸藥的關鍵成分。這種方法更安全、更經濟，能夠最大限度地降低生產過程中潛在的爆炸和燃燒危險。在環境法規非常嚴格、迫使企業採用這些新技術的市場中，環保炸藥的開發尤其重要。隨著對更清潔、更安全、更有效的炸藥解決方案的需求不斷成長，技術進步仍將是塑造市場的核心趨勢之一。

新興經濟體的擴張

由於工業化、城鎮化和基礎設施建設的快速發展，工業炸藥市場在發展中經濟體呈現大幅成長。亞太地區、非洲和拉丁美洲等發展中地區經濟發展勢頭強勁，建築、採礦和採石業發展勢頭迅速。世界銀行報告稱，2023年，印度和中國等國家正在擴大其採礦和基礎設施建設項目，直接影響了工業炸藥的需求。中國作為全球最大的煤炭生產國，是工業炸藥的重要消費國。然而，國際能源總署 (IEA) 預測，到2027年底，中國非動力火煤需求將下降，這可能會影響煤炭開採對炸藥的需求。此外，非洲和拉丁美洲各國正在建設基礎設施，增加了建築和採礦業對炸藥的需求。這些市場通常沒有像已開發國家那樣嚴格的環境法，因此允許使用傳統的炸藥材料，同時適應新的、更節能的技術。隨著這些經濟體的持續成長，對工業炸藥的需求也隨之成長，使得新興市場成為全球整體市場擴張的主要動力。

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 次要來源
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

  • 概述
  • 主要行業趨勢

第5章：全球工業炸藥市場

  • 市場概覽
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場細分：依類型

  • 高爆炸藥
  • 爆破劑
    • 關鍵部分
      • 硝酸銨燃料油（ANFO）
      • 水凝膠炸藥
      • 乳液
      • 氮氣炸藥
      • 其他

第7章：市場區隔：依最終用途產業

  • 礦業
    • 關鍵部分
      • 金屬礦業
      • 非金屬礦山
      • 採石
  • 建造
  • 其他

第8章：市場區隔：依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場區隔：依國家

第9章：SWOT分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 10 章：價值鏈分析

第 11 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 12 章：價格分析

第 13 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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