Press release
Explosives Market Whirling Impressive - Players: Orica Mining Services, Sasol Limited, Austin Powder Company, Dyno Nobel
The Business Research Company offers " Explosives Market Global Report 2020-30: COVID-19 Growth and Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global explosives market is expected to grow from $25.2 billion in 2019 to $25.9 billion in 2020 at a compound annual growth rate (CAGR) of 3.08%. The low growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to reach $27.8 billion in 2023 at CAGR of 2.3%.
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The explosives market consists of revenues earned by entities (organizations, sole traders and partnerships) that are engaged in the production and distribution of explosives. Explosives refer to materials, mixtures and chemical compounds that are capable of exploding. The explosives are majorly divided into two categories i.e., high explosives (used in defense & military applications) and low explosives (used in civilian applications). Trinitrotoluene (TNT), RDX, and acetone peroxide (TATP) are few of the most powerful explosives the find its applications in military, mining and industrial applications.
Stringent regulations imposed by the government on manufacturing and usage of explosives are expected to limit the growth of the explosives market. Explosives are harmful to the environment as well as for humans, therefore, stringent regulations are imposed on the production, storage and use of the civilian and military explosives.
Explosives Market Segmentation: -
By Type
1. C4
2. HMX
3. PETN
4. RDX
5. Dynamite
6. ANFO
7. Others
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Few Points From Table Of Content
1. Executive Summary
2. Explosives Market Characteristics
3. Explosives Market Size And Growth
4. Explosives Market Segmentation
5. Explosives Market Regional And Country Analysis
……………
25. Explosives Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Explosives Market
27. Explosives Market Trends And Strategies
28. Explosives Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the explosives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the explosives market are Orica Mining Services, Sasol Limited, Austin Powder Company, Dyno Nobel, NOF Corp., BME Mining, China Poly Group, Chemring Group, Maxam Corp., ENAEX
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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