Industrial Explosives Market Report 2023-2028 PDF: Upcoming Trends, Demand, Regional Analysis and Forecast

1. Industrial Explosives Market Report 2023 By Type and End Use Industry Key Regions and Competitive Landscape www.imarcgroup.com Sales@imarcgroup.com +1-631-791-1145 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. About IMARC Group Report Description The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Industrial Explosives Market Outlook 2023-2028: The global industrial explosives market size reached US$ 7.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028. Industrial explosives represent highly hazardous blasting agents that are manufactured from the combination of hydrogen, carbon, oxygen, and nitrogen. When ignited efficiently, they transform into gases at high temperatures and pressure for detonation, which causes rock fragmentation. Industrial explosives assist in eliminating toxic gas production and reduce labor costs and the time required for safe and efficient mining, thereby optimizing commercial operations. Consequently, they are extensively used in the quarrying, mining, and construction industry after their assessment based on several parameters, including storage life, the velocity of detonation (VOD), density, water resistance, etc. Presently, industrial explosives are commercially available in slurries, ammonium nitrate fuel oil (ANFO), emulsions, and water gel explosive types.

4. Report Description and Highlights Report Description The rising number of mining activities and the escalating demand for coal and various rare earth metals, including gold, bauxite, iron, ore, silver, surface minerals, etc., across numerous industrial verticals are primarily driving the industrial explosives market. Additionally, the widespread product adoption in open-pit mining, tunnel construction, infrastructure development projects, etc., is further catalyzing the market growth. Besides this, the introduction of semi-automated explosive delivery systems that aid in executing safer and more efficient underground mine blasting procedures in the deeper deposits is acting as another significant growth-inducing factor. Moreover, the growing investments in R&D activities for mass production of the product variants to optimize drilling, blasting, and downstream operations, are anticipated to fuel the industrial explosives market over the forecasted period. Request for a free sample report: https://www.imarcgroup.com/industrial-explosives- market/requestsample Global Industrial Explosives Market Trends:

5. Report Description Report Description and Highlights Market Summary: Breakup by Type: • High Explosives • Blasting Agents • Ammonium Nitrate Fuel Oil (ANFO) • Water Gel Explosives • Emulsions • Nitrogen Explosives • Others Breakup by End-Use Industry: • Mining • Metal Mining • Non-metal Mining • Quarrying • Construction • Others

6. Report Description Report Description and Highlights Breakup by Region: • North America • Europe • Asia Pacific • Middle East and Africa • Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028.

7. Report Description Report Description and Highlights Competitive Landscape With Key player: • 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 View Report TOC, Figures and Tables: https://www.imarcgroup.com/industrial-explosives-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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