Explosives & Pyrotechnics Market to showcase significant growth via arms & ammunition sector | Key Players are Orica, Sasol, MAXAM, Enaex

Explosives & Pyrotechnics Market size is driven by increasing spending on defense activities by global government bodies are certain. The expansion of the arms & ammunition sector has been massive since the last few years. With the growth of the military & defense sector, the demand for ammunition and weapons is on a rapid incline, which will spur explosives and pyrotechnics industry. The global expenditure on the military sector is anticipated to cross USD 3 trillion by 2025. Countries such as India, U.S., and China have also increased their overall spending on arms and ammunition to strengthen their armed forces. In addition, technological advancements and the necessity of smart weapons will subsequently propel explosives and pyrotechnics market growth.

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It has also been observed that hunting activities across the U.S. and European countries have increased considerably. Furthermore, the political conditions plaguing the regions such as the Middle East and Africa will also demand the usage of arms and ammunition. On these grounds, global explosives & pyrotechnics market size is anticipated to cross USD 23.2 billion by 2025, with a CAGR estimation of 4% over 2016-2025, having held a valuation of USD 4.57 billion in 2015.

The rising public demand for outdoor firework shows for high grade events such as celebrity weddings, sporting events, public holidays, etc., is anticipated to fuel explosives & pyrotechnics market. The mining sector is also forecast to carve out a profitable roadmap for itself across the geographies of Australia, U.S, and Russia. In fact, as per statistics, global mining sector was worth USD 400 billion in 2010 and is expected to cross USD 700 billion by 2025. Explosives are used massively in the blasting technology of both, the underground and open pit mining processes, which will propel explosives and pyrotechnics industry growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Orica
2. Incitec Pivot Limited
3. Sasol
4. Austin Powder Company
5. Enaex
6. MAXAM
7. AECI
8. EPC Group - Ideas Inside
9. Chemring Group PLC
10. TITANOBEL
11. Hanwha Corporation
12. LSB Industries, Inc.

Military explosives have been evolving since the last few years. The usage of the latest smart explosives has played a vital role in enhancing the strength of the global military base. Explosives and pyrotechnics market growth from the military sector is expected to grow at a rate of 3.5% over 2016-2025. With the governments of nations such as India, France, U.S., and China willing to spend excessively on manufacturing arms & ammunition for the defense forces, explosives & pyrotechnics market from the military sector will observe a massive growth over the coming years.

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Companies accumulating a share of global explosives & pyrotechnics market include ENAEX, Skyburst, Austin Powder Company and Chemring Group, Incitec Pivot, Zambelli Fireworks, Howard & Sons, Orica Mining Services, Titanobel SAS, Celebration Fireworks, Sasol Limited, AECI Group, Angelfire Pyrotechnics, Hanwha Corp., Melrose Pyrotechnics, LSB Industries, Supreme Fireworks, Solar Industries India, Entertainment Fire-works, Impact Pyro, and Pyro Company Fireworks. Explosives and pyrotechnics industry participants have been striving to expand their production capacity and increase their global presence.

Table Of Content For This Research Report:

Chapter 4. Explosives Market, By End-user

4.1. Explosives market end-user insights

4.2. Mining

4.2.1. Market estimates and forecast, 2014 – 2025

4.2.2. Market estimates and forecast by region, 2014 – 2025

4.3. Construction

4.3.1. Market estimates and forecast, 2014 – 2025

4.3.2. Market estimates and forecast by region, 2014 – 2025

4.4. Military

4.4.1. Market estimates and forecast, 2014 – 2025

4.4.2. Market estimates and forecast by region, 2014 – 2025

4.5. Others

4.5.1. Market estimates and forecast, 2014 – 2025

4.5.2. Market estimates and forecast by region, 2014 – 2025

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