Explosives Market 2021 - Industry Size, Share, Growth, Trends and Global Forecast to 2030

The global explosives market is expected grow from $28.94 billion in 2020 to $30.04 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $38.42 billion in 2025 at a CAGR of 6%.

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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 a few of the most powerful explosives the find their applications in military, mining, and industrial applications.

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, Incitec Pivot, AECI Group, Pyro Company Fireworks, ePC Group, Alliant Techsystems, AEL Mining Services, Titanobel SAS, Hanwha Corp., Solar Industries India, LSB Industries, Zambelli Fireworks, Melrose Pyrotechnics, Angelfire Pyrotechnics, Skyburst, Howard & Sons, Supreme Fireworks UK, Entertainment Fire-works, Celebration Fireworks, Impact Pyro, Societe Nationale Des Poudres Et Explosifs (SNPE).

The countries covered in the global Explosives Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global Explosives Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global Explosives Market is segmented -
1) By Type: C4, HMX, PETN, RDX, Dynamite, ANFO, Others
2) By Application: Military, Mining, Quarrying, Construction, Others
3) By Pyrotechnics Application: Display, Consumer, Procimate, Others

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Few Points From Table Of Content
1. Executive Summary
2. Explosives Market Characteristics
3. Explosives Market Trends And Strategies
4. Impact Of COVID-19 On Explosives Market
5. Explosives Market Size And Growth
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26. Africa Explosives Market
27. Explosives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Explosives Market
29. Explosives Market Future Outlook and Potential Analysis
30. 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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