Press release
Global Mining Explosives Market Grows: Poised to Reach US$ 32.69 Billion by 2031, Driven by Demand in Mining and Infrastructure Development
Mining Explosives Market
Get Sample PDF Brochure from here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19079
Market Overview
Mining explosives, including ammonium nitrate fuel oil (ANFO), emulsions, and slurries, are used to break rock in mining operations for coal, metals, and minerals, as well as in quarrying for construction aggregates. The market is expected to grow at a CAGR of 3.1% from 2021 to 2031, reaching US$ 32.69 billion by 2031. While the exact market size for 2021 is not specified, the projected growth reflects steady demand driven by mining activities and infrastructure development, particularly in Asia-Pacific and Africa.
Key Drivers of Growth
Rising Demand for Minerals and Metals
Growing global demand for metals like copper, gold, and lithium, driven by renewable energy, electronics, and electric vehicle (EV) industries, is fueling mining activities and the need for explosives, especially in Asia-Pacific and Latin America.
Infrastructure Development Projects
Large-scale infrastructure projects, such as roads, railways, and dams, require quarried aggregates, boosting demand for mining explosives in regions like the Middle East, Africa, and Asia-Pacific.
Advancements in Explosive Technologies
Innovations in safer, more efficient explosives, such as electronic detonators and water-resistant emulsions, enhance blasting precision and reduce environmental impact, driving adoption in North America and Europe.
Expansion of Coal Mining
Despite the shift to renewables, coal mining remains significant in countries like China, India, and Australia, supporting demand for cost-effective explosives like ANFO in these regions.
Top Companies:
Omnia Holdings Limited
Chemring Group PLC
Dahana
Orica Limited
Yahua Group
EPC-UK
Solar Explosives
ENAEX
Eurenco
Dyno Nobel
SBL Energy Limited
NITRO-CHEM S.A.
Austin Powder
Ensign-Bickford Aerospace & Defense Company
Visit our report to discover essential insights and analysis - https://www.transparencymarketresearch.com/mining-explosives-market.html
Challenges and Barriers
Stringent Environmental and Safety Regulations
Strict regulations on explosive storage, transport, and usage, such as those enforced by the EU and U.S., increase compliance costs and limit market growth, particularly in developed regions.
Volatility in Raw Material Prices
Fluctuations in the prices of ammonium nitrate and fuel oil, key components of mining explosives, driven by global energy markets, impact production costs and profitability.
Environmental Concerns and Alternatives
The environmental impact of blasting, including air and water pollution, is pushing the industry toward greener alternatives like non-explosive demolition agents, which could reduce demand in eco-conscious markets.
Geopolitical and Supply Chain Risks
Regional conflicts and supply chain disruptions, particularly in Africa and the Middle East, can affect the availability of explosives, creating challenges for mining operations.
Regional Insights
Asia-Pacific dominates the mining explosives market, led by China, India, and Australia, due to extensive mining for coal, metals, and minerals. Africa, particularly South Africa and Nigeria, is a fast-growing market driven by gold, diamond, and infrastructure projects. Latin America, led by Brazil and Chile, contributes through copper and lithium mining. North America and Europe show steady demand, supported by advanced technologies and quarrying activities.
Future Opportunities
Green Explosive Technologies: Developing eco-friendly explosives with lower emissions could meet regulatory demands, particularly in Europe and North America.
Critical Minerals Mining: Growing demand for lithium, cobalt, and rare earths for EV batteries offers opportunities in Africa and Latin America.
Automation in Blasting: Integrating electronic detonators and automated blasting systems could enhance efficiency, driving adoption in developed regions.
Emerging Market Expansion: Increasing mining and infrastructure projects in the Middle East and Southeast Asia could unlock new demand for explosives.
Browse More Trending Research Reports:
Copper Market- https://www.prnewswire.com/news-releases/copper-market-value-to-reach-us-278-1-bn-by-2031--tmr-study-301716575.html
Caustic Soda Market: https://www.einnews.com/pr_news/770374745/caustic-soda-industry-trends-market-valuation-to-reach-usd-59-3-billion-by-2031-growing-at-3-7-cagr-tmr
Methanol-to-Olefins Market: https://www.globenewswire.com/news-release/2025/02/28/3034749/32656/en/Methanol-to-Olefins-Market-Size-to-Reach-USD-44-1-Billion-by-2034-at-5-5-CAGR-Driven-by-Sustainability-and-Abundant-Methanol-Supply-Analysis-by-TMR.html
Caproic Acid Market: https://www.globenewswire.com/news-release/2025/01/24/3014877/32656/en/Caproic-Acid-Market-Set-for-Steady-Growth-Projected-to-Reach-106-4-Million-by-2034-TMR-Analysis.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Mining Explosives Market Grows: Poised to Reach US$ 32.69 Billion by 2031, Driven by Demand in Mining and Infrastructure Development here
News-ID: 4065067 • Views: …
More Releases from Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 …
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics as…
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D …
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035.
This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific.
Gain a…
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by …
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability.
Despite being a mature segment within…
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn …
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintain…
More Releases for Mining
Gold Mining Market is Booming Worldwide | Newmont Mining, Coeur Mining, Freeport …
The " Gold Mining - Market Development Outlook " Study has been added to AMA Research repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to built strong players coverage in the study. Some of the major and emerging players identified are Newmont Mining United States), Coeur Mining (United States), Freeport-McMoRan (United States), North Bloomfield Mining and Gravel…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Coal Mining Market by Mining Technology, Underground Mining and Application with …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
The report segments the coal mining market on the basis of mining technology, application, and geography. On the basis of mining technology, the market is bifurcated into surface mining and underground mining.
Surface…
Base Metals Mining Market in China to 2021| Zijin Mining Group Company, China Da …
Albany, NY, 1st November : Recent research and the current scenario as well as future market potential of "Base Metals Mining in China to 2021-Robust Consumption and Imports Expected in the Upcoming Years" globally.
Summary
GlobalDatas "Base Metals Mining in China to 2021", report covers comprehensive information on Chinas base metal (copper, nickel, zinc, and lead) mining industry, base metal (copper, nickel, zinc, and lead) reserves and grade, the historical and forecast…
Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market
The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due…
