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시장보고서
상품코드
2016781
산업용 폭약 시장 규모, 점유율, 동향 및 예측 : 유형별, 최종 이용 산업별, 지역별(2026-2034년)Industrial Explosives Market Size, Share, Trends and Forecast by Type, End Use Industry, and Region, 2026-2034 |
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2025년의 세계 산업용 폭약 시장 규모는 87억 달러로 평가되었습니다. 향후 IMARC Group은 2026년부터 2034년까지 CAGR 3.94%를 기록하며 2034년까지 시장 규모가 124억 달러에 달할 것으로 예측하고 있습니다. 2025년 현재 아시아태평양이 시장을 주도하고 있으며, 43.7% 이상의 큰 점유율을 차지하고 있습니다. 광업 활동 확대, 인프라 프로젝트 증가, 에너지 자원에 대한 수요 증가, 발파 기술 발전, 금속 채굴량 증가, 엄격한 안전 기준, 환경 친화적인 폭발물 채택, 자원 탐사에 대한 정부 투자 등이 시장을 주도하는 요인 중 일부입니다.
세계 시장은 주로 효율적인 광산 및 건설 활동에 대한 세계 수요 증가에 의해 주도되고 있습니다. 또한, 특히 신흥국의 인프라 개발 프로젝트의 증가는 시장의 주요 성장 요인으로 작용하고 있습니다. 또한, 채석 및 터널 굴착 작업에서 폭발물의 급속한 사용 확대도 시장 확대를 촉진하고 있습니다. ICRA에 따르면, 인도의 광업 및 건설기계(MCE) 산업은 향후 5-7년 동안 크게 확대되어 70-80%의 현지화를 목표로 하고 있으며, 이를 통해 연간 약 30억 달러의 외화를 절감할 수 있을 것으로 예상됩니다. 이 산업은 2024년도에 13만 6,000대의 판매량을 기록할 것으로 예상되며, 2030년까지 250억 달러 규모의 시장이 될 것으로 전망됩니다. 이러한 목표를 달성하기 위해서는 탄탄한 공급망 생태계를 구축하고 정부의 인센티브를 활용해야 합니다. 또한, 정밀 발파 기술의 발전과 안전 기준의 상향 조정 등 지속적인 기술 혁신은 세계 수준의 시장을 더욱 확대시키고 있습니다. 또한, 금속 및 광물에 대한 수요가 증가함에 따라 광산 산업에서 산업용 폭약의 채택이 촉진되고 있으며, 이는 시장이 강력한 속도로 계속 성장할 수 있도록 보장합니다.
미국은 주로 석유 및 가스 탐사 분야의 에너지 자원 수요 증가에 힘입어 주요 지역 시장으로 부상하고 있습니다. 특히 2024년 10월 22일, S&P 월드 레이팅스(S&P World Ratings)는 증가하는 에너지 수요를 지원하기 위해 2030년까지 미국 데이터센터가 하루 30억-60억 입방피트의 천연가스 수요를 증가시킬 것이라고 보고했습니다. 이 수요는 주로 텍사스와 남동부 천연가스전에 영향을 미치며, 미드스티림 에너지 부문의 확장을 주도할 것입니다. 또한, 광산 공정의 효율성을 높이기 위해 광산 공정에서 첨단 발파 기술의 사용이 증가하고 있으며, 이는 산업의 성장을 촉진하고 있습니다. 또한, 고속도로와 철도를 포함한 대규모 인프라 프로젝트의 증가도 수요를 더욱 촉진하고 있습니다. 또한, 엄격한 안전 기준과 규제 준수를 통해 환경 친화적이고 배출량이 적은 폭발물에 대한 혁신이 계속되고 있습니다. 여기에 더해, 군사 및 국방 분야에 대한 투자 확대도 시장의 밝은 전망을 더욱 강화시키고 있습니다.
산업용 폭약 시장 동향:
광업 활동에 대한 수요 증가
산업용 폭약 시장은 특히 금, 석탄, 귀금속 등 광물 채굴 활동의 수요 증가로 인해 눈에 띄게 성장하고 있습니다. 미국 지질조사국(USGS)의 '2022 광물 상품 요약'에 따르면, 전 세계 산업용 광물 생산량은 모든 상품에서 고른 증가세를 보이지 않았습니다. 예를 들어, 지르코늄 광물 농축액과 같은 특정 광물의 생산량은 2021년에 2020년에 비해 거의 변동이 없었습니다. 그러나 USGS의 보고서에 따르면 미국의 비연료 광물 생산액은 2022년 36억 달러 증가하여 총 1,052억 달러에 달할 것으로 예상되며, 일부 부문의 성장세가 두드러집니다. 광업에서의 폭발물 수요는 금, 석탄, 리튬 등 광물 채굴과 밀접한 관련이 있습니다. 전 세계 인프라 개발 프로젝트가 본격화되면서 원자재에 대한 수요는 끊임없이 존재하며, 이는 산업용 폭약의 수요를 촉진하고 있습니다. 이러한 폭약은 노천광산이나 지하광산을 포함한 대규모 채굴 작업에서 암석과 광석을 파쇄하는 데에도 필수적입니다. 또한, 세계 인구 증가에 따라 대규모 도시화가 진행되고 있으며, 그 결과 건축자재에 대한 수요가 증가하여 광업 활동이 활성화되고 있습니다. 특히 아시아태평양에서는 광업 활동이 눈에 띄게 활성화되고 있으며, 중국, 인도 등의 국가에서 대규모 채굴이 이루어지고 있습니다. 탐사가 더 복잡하고 외딴 지역으로 이동함에 따라 더 진보되고 효율적인 폭발물 기술이 필요하며, 이에 따라 산업용 폭약 부문의 성장 추세는 지속될 것입니다.
폭발물 재료의 기술적 진보
산업용 폭약 시장에서는 광업 및 건설 작업용 폭약의 효율성, 안전성, 친환경성을 향상시키는 기술 혁신이 두드러지게 나타나고 있습니다. 기존 폭약은 안전성에 대한 우려와 분진, 독성물질 배출 등 환경에 미치는 악영향으로 인해 항상 논란의 대상이 되어왔습니다. 예를 들어, 고급 에멀전, 벌크 폭발물, 수계 용액 등은 위에서 언급한 문제를 크게 줄였습니다. 이 새로운 폭발물 재료는 발화 효율 측면에서 더 높은 에너지를 가지고 있으며, 생산성을 향상시킬 뿐만 아니라 유해한 부작용도 감소시킵니다. 예를 들어, 일부 새로운 배합은 독성 가스의 방출을 최소화하고, 다른 배합은 더욱 안정적이고 취급이 안전합니다. 미국 육군연구소(ARL)는 취급 및 운송 시 위험을 줄이기 위해 보다 안전한 폭발물 개발에 힘쓰고 있습니다. 예를 들어, ARL 연구진은 폭발물의 주요 성분인 2,4-디아미노-6-니트로피리미딘(DAG)을 제조하는 새로운 방법을 확립했습니다. 이 방법은 보다 안전하고 비용 효율적이며, 제조 중 폭발이나 연소 위험을 최소화할 수 있습니다. 환경 친화적인 폭발물 개발은 환경 규제가 매우 엄격하고 기업이 이러한 신기술을 채택할 수밖에 없는 시장에서 특히 중요합니다. 보다 깨끗하고 안전하며 효과적인 폭발물 솔루션에 대한 수요가 증가함에 따라 기술 발전은 시장을 형성하는 핵심 트렌드 중 하나가 될 것입니다.
신흥 경제국 진출 확대
산업용 폭약 시장은 개발도상국의 경제 성장과 산업화, 도시화, 인프라 개발 사업의 가속화에 따라 괄목할 만한 성장세를 보이고 있습니다. 아시아태평양, 아프리카, 라틴아메리카의 개발도상국에서는 활발하고 빠른 경제 개발 활동이 이루어지고 있으며, 그 결과 건설, 광업, 채석업의 동향이 급속히 증가하고 있습니다. 2023년 세계은행은 인도, 중국 등 국가들이 광업 및 인프라 개발 프로젝트를 확대하고 있으며, 이는 산업용 폭약 수요에 직접적인 영향을 미치고 있다고 보고했습니다. 세계 최대 석탄 생산국인 중국은 산업용 폭약의 주요 소비국입니다. 그러나 국제에너지기구(IEA)는 2027년 말까지 중국의 비발전용 석탄 수요가 감소할 것으로 전망하고 있으며, 이는 석탄 채굴의 폭발물 수요에 영향을 미칠 수 있습니다. 또한, 아프리카와 라틴아메리카에서는 각국이 인프라를 정비하고 있어 건설 및 광업 분야에서 폭발물에 대한 수요가 증가하고 있습니다. 이들 시장에서는 선진국만큼 엄격한 환경 규제가 적용되지 않는 경우가 많기 때문에 에너지 효율이 높은 신기술로 전환하는 한편, 기존 폭발물 사용이 허용되는 경우가 많습니다. 이들 경제가 계속 성장함에 따라 산업용 폭약에 대한 수요도 함께 증가하고 있으며, 신흥 시장은 전 세계 시장 확대의 주요 원동력이 되고 있습니다.
목차
제1장 서문
제2장 조사 범위와 조사 방법
제3장 주요 요약
제4장 소개
제5장 세계의 산업용 폭약 시장
제6장 시장 내역 : 유형별
제7장 시장 내역 : 최종 이용 산업별
제8장 시장 내역 : 지역별
제9장 SWOT 분석
제10장 밸류체인 분석
제11장 Porter's Five Forces 분석
제12장 가격 분석
제13장 경쟁 구도
KSM 26.05.06The global industrial explosives market size was valued at USD 8.7 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 12.4 Billion by 2034, exhibiting a CAGR of 3.94% during 2026-2034. Asia Pacific currently dominates the market in 2025, 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 2025. 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
Mining leads the market in 2025 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 2025, 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
- 8.1.1 United States
- 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
- 8.2.1 China
- 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
- 8.3.1 Germany
- 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
- 8.4.1 Brazil
- 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
- 13.3.1 AECI Limited
