City of Industry, CA -- (SBWire) -- 06/28/2018 --This report studies the global Mining Explosives industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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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.
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 company' sales volume was 2554.3 K MT in 2016 with 22.83% share globally.
The global Mining Explosives market is valued at 13900 million USD in 2017 and is expected to reach 17000 million USD by the end of 2025, growing at a CAGR of 2.6% between 2018 and 2025.
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This research report categorizes the China and global Mining Explosives market by type, end-use industry, and region.
International Manufacturers Covered
Orica
IPL (Dyno Nobel)
MAXAM
AEL
ENAEX
Sasol
Solar Explosives
EPC Group
BME Mining
NOF Corporation
IDEAL
AUSTIN
China Local Manufacturers Covered
Yunnan Civil Explosive
Gezhouba Explosive
Anhui Jiangnan
Poly Permanent Union Holding Group
Nanling Civil Explosive
Sichuan Yahua
Kailong Chemical
Leiming Kehua
By Type
Ammonium Nitrate Explosives (Powder)
ANFO
Emulsion Explosive
By Application
Coal Mining
Quarrying and Nonmetal Mining
Metal Mining
By Region
United States
Europe
Japan
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Global Mining Explosives Market Growth Opportunity 2018-2025
The global Mining Explosives market is valued at 13900 million USD in 2017 and is expected to reach 17000 million USD by the end of 2025, growing at a CAGR of 2.6% between 2018 and 2025.