Los Angeles, CA -- (SBWIRE) -- 08/09/2019 -- Industrial explosives are high hazard blasting explosives primarily used in the mining and construction industry. Among them, mining explosive occupies the largest market share, and it can be widely used in coal mining, quarrying mining, nonmetal mining and metal mining. Coal mining is the most important application area of mining explosive.
Mining explosives, most based on ammonium nitrate and in the form of bulk or packaged types, are widely used in mines, quarrying and nonmetal mining as well as metal mining. Many coal mines use explosives to loosen the rock and coal. In surface mining, holes are drilled through the overburden, loaded with explosives, and discharged, shattering the rock in the overburden. In one underground mining method, the coal is blasted off the bed without any undercutting to help break it down. Actually, coal mine is the largest consumer of mining explosives, which held 74.72% market share globally in 2016.
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Orica is the largest manufacturer of mining explosives. With manufacture facilities located in the important mining regions, the company has become a key player and has footprints in many countries.
The global Mining Explosives market was 13900 million US$ in 2018 and is expected to 16800 million US$ by the end of 2025, growing at a CAGR of 2.4% between 2019 and 2025.
This report studies the Mining Explosives market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Mining Explosives in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Orica
MAXAM
AEL
IPL (Dyno Nobel)
ENAEX
Sasol
Yunnan Civil Explosive
Solar Explosives
Gezhouba Explosive
EPC Groupe
Anhui Jiangnan
Poly Permanent Union Holding Group
Nanling Civil Explosive
BME Mining
NOF Corporation
IDEAL
Sichuan Yahua
AUSTIN
Kailong Chemical
Leiming Kehua
By the product type, the market is primarily split into
Ammonium Nitrate Explosives (Powder)
ANFO
Emulsion Explosive
By the end users/application, this report covers the following segments
Coal Mining
Quarrying and Nonmetal Mining
Metal Mining
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