Global mining explosives market is expected to grow at a significant rate during the forecast period. Rising application of mining explosives in coal mining process is fueling the market demand. Increase in investments by leading authorities and key players to surge the process of extraction from rich mineral resources is a major driver considered for mining explosives market growth. Population is growing across the globe leading the infrastructural market demand for development projects to cater the high demand for construction of houses and commercial spaces is influencing the mining explosives market.
Also, the need for construction of tunnels for increasing the convenience of travelling from one place to another through the difficult terrains is paving the way for global mining explosives market growth. Accelerating demand for ammonium nitrate and dynamite across the world is boosting the mining explosives market demand. Technological investments for upgradation of the process of mineral extraction and subsequent reduction in mineral loss during the extraction process facilitates the control over breaking of the rocks and fragmented rock density aids to lower the vibration and promote easier shifting process. Mining and mining extraction process market growth is directly bolstering the mining explosives demand across the globe.
Global mining explosives market is segmented into application, type, region, and company
The major players operating in the global mining explosives market are Orica Limited, Incitec Pivot Limited, ENAEX S.A., Solar Industrial Explosives, Sichuan Yahua Industrial Group Co. Ltd., Irish Industrial Explosives Limited, Lsb Industries Inc., Bulk Mining Explosives, Ideal Industrial Explosives Ltd., EPC Groupe, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study
- To analyze and estimate the market size of global mining explosives
market from 2017 to 2020.
- To estimate and forecast the market size of global mining
explosives from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global mining explosives based on application,
type, region, and company.
- To identify dominant region or segment in the global mining
explosives market.
- To identify drivers and challenges for global mining explosives
market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global mining explosives
market.
- To identify and analyze the profile of leading players operating in
global mining explosives market.
- To identify key sustainable strategies adopted by market players in
global mining explosives market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Mining explosive manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
mining explosives market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base
Year
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2021
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Historical
Years
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2017 –
2020
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Estimated
Year
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2022
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Forecast
Period
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2023 – 2027
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Quantitative
Units
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Revenue in
USD Million and CAGR for 2017-2021 and 2022-2027
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Report
Coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments
Covered | |
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Regional
Scope
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North
America; Asia Pacific; Europe & CIS; South America; Middle East &
Africa
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Country
Scope
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United States; Canada; Mexico; China; India; Japan; South
Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil;
Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iraq
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Key
Companies Profiled
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Orica Limited, Incitec Pivot Limited, ENAEX S.A., Solar
Industrial Explosives, Sichuan Yahua Industrial Group Co. Ltd., Irish
Industrial Explosives Limited, Lsb Industries Inc., Bulk Mining Explosives,
Ideal Industrial Explosives Ltd., EPC Groupe.
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Customization
Scope
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10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing
and Purchase Options
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Avail
customized purchase options to meet your exact research needs. Explore purchase options
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Delivery
Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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