Global Explosive Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Explosive Market
Due to the COVID-19 pandemic, the global Explosive market size is estimated to be worth US$ 17730 million in 2022 and is forecast to a readjusted size of US$ 21790 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, Ammoniun Nitrate Explosive accounting for % of the Explosive global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Coal Mine segment is altered to an % CAGR throughout this forecast period.
Global core explosive manufacturers include Orica, Dyno Nobel etc. The top 1 company hold a share about 20%. Asia Pacific is the largest market, with a share about 50%, followed by North America and Europe with the share about 15% and 13%.
In terms of production side, this report researches the Explosive capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Explosive by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Explosive Scope and Segment
Explosive market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Explosive market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Ammoniun Nitrate Explosive
Anfo Explosive
Bulk Emulsions Explosive
Packaged Emulsions Explosive
Initiation Accesories
Segment by Application
Coal Mine
Metal Mine
Quarrying
Non-metallic Mine
Construction
By Company
Orica
Dyno Nobel
MAXAM
ENAEX
AEL
Yunnan Civil Explosive
Poly Permanent Union Holding Group
Gezhouba Explosive
AUSTIN
NOF Corporation
Sverdlov
BME Mining
EPC Groupe
Sasol
Anhui Jiangnan
Solar Explosives
Nanling Civil Explosive
Famesa
Sichuan Yahua
IDEAL
Production by Region
North America
Europe
China
Japan
Middle East & Africa
South America
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE