The global Explosives market was valued at 2270.32 Million USD in 2021 and will grow with a CAGR of 3.64% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Explosives are made up using a broad range of chemicals some of which include nitrates, amines, and peroxides. These compounds are used in combination with each other, and an explosive reaction occurs depending on its composition, or sensitivity. Explosives are used in numerous applications including metal mining, coal mining, military, and construction.Asia Pacific was the largest regional market accounting for 50% of the volume in 2017. The presence of numerous prominent mining companies in Australia, and China owing to the presence of coal, and gold reserves is expected to play a crucial role in increasing demand for explosives. Also, the prevalence of numerous religious festivals in the region, particularly China and India, will propel demand for consumer pyrotechnics.

By Market Verdors:

Orica Mining Services

Sasol Limited

Austin Powder Company

Chemring Group

ENAEX

Maxam Corp.

Incitec Pivot

AECI Group

Pyro Company Fireworks

ePC Group

Alliant Techsystems

AEL Mining Services

Titanobel SAS

By Types:

Blasting Agents

Propellants

Pyrotechnics

By Applications:

Metal Mining

Coal Mining

Military

Construction

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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