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The Mining Explosives Market in South Africa for Coal, Iron Ore, Gold and PGMs, Forecast to 2020

The Mining Explosives Market in South Africa for Coal, Iron Ore, Gold and PGMs, Forecast to 2020

The South African mining explosives market for coal, iron ore, PGMs, and gold was worth $530.7 million in 2015 and its growth will be limited (CAGR of 1.2%) over the next five years. This is due to the global oversupply of metals and minerals and low commodity prices that are hindering the growth of explosives in the local mining sector. Mining of major commodities is expected to gradually regain momentum, as global demand and prices slowly recover, although this falls outside the current forecast period. Worth $223.8 million in 2015, the bulk emulsion explosives segment is expected to reach $238.6 million by 2020 at a CAGR of 1.3%. In comparison, the packaged explosives segment is expected to grow from $149.3 million in 2015 to $158.2 million by 2020 at a CAGR of 1.2%, while initiating systems will expand from $157.5 million in 2015 to $167.6 million by 2020 at a CAGR of 1.2%. The South African mining explosives market is a very competitive and price-sensitive market. Weak global demand for commodities, combined with low commodity prices, has forced mining companies to take a closer look at reducing variable costs to ensure the viability of mining operations. The top three market participants (AEL Mining Services, BME South Africa, and Sasol Explosives) had a combined revenue market share of over 82.0% in 2015. Major contract gains or losses periodically shift the market shares between the top three competitors, but ultimately these competitors dominate the market. With slow, stagnant growth in mining production and in both green and brownfield projects, competitor growth is dependent on the status of these contracts.

Geographic scope: South Africa
Product scope: Bulk emulsion explosives, packaged explosives, initiating systems

Application scope: Coal, iron ore, gold, and platinum group metals

Study period: 2013 to 2020

Key questions answered include:
At what rate is the South African mining explosives market growing or declining and are growth changes expected during the forecast period?

What product and technology trends are evident in the local mining explosives market and how does it affect surface and underground mining activities?

How does underground and surface mining impact the use of explosives?

Which product segments (bulk explosives, cartridges, and initiating systems/devices) and major commodities (coal, iron ore, gold, and PGMs) contribute the most to the mining explosives market? Is this likely to change during the forecast period (2016 to 2020)?

What does the mining explosives market’s competitive landscape look like? Who are the important market competitors and what products or services do they offer?

Considering weak global commodity prices and their impact on the local mining industry, what are the ramifications for the South African mining explosives market in terms of volumes sold and competitive strategies employed? Are there growth opportunities?

Key target audience:
Current market participants
Potential new entrants
Commodity traders
Potential investors
Financial institutions


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • South African Mining Sector
    • South African Mining Sector Trends
    • Introduction to Mining Explosives
    • Dangerous Goods: Classes and Divisions
    • Study Scope
    • Explosives—Product Categories
    • Market Definitions
    • Market Trends
    • Product and Technology Trends
    • Market Segmentation
    • Key Questions This Study Will Answer
  • Drivers and Restraints—Total Mining Explosives Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
      • Table Total Mining Explosives Market: South African Coal and Iron Ore Export Data, South Africa, 2010–2015
      • Table Total Mining Explosives Market: Chinese GDP Growth Prospects, China, 2010–2020
  • Forecasts and Trends—Total Mining Explosives Market
    • Market Engineering Measurements
      • Table Total Mining Explosives Market: Market Engineering Measurements, South Africa, 2015
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total Mining Explosives Market: Revenue Forecast, South Africa, 2013–2020
    • Revenue Forecast Discussion
    • Unit Shipment Forecast
      • Table Total Mining Explosives Market: Unit Shipment Forecast*, South Africa, 2013–2020
    • Unit Shipment Forecast Discussion
    • Per Cent Revenue Forecast by Vertical Market
    • Revenue Forecast by Vertical Market
      • Table Total Mining Explosives Market: Revenue Forecast by Vertical Market, South Africa, 2013–2020
    • Revenue Forecast Discussion by Vertical Market
  • Demand Analysis—Total Mining Explosives Market
    • Coal Mining Sector in South Africa
    • Coal—Revenue Forecast by Product Segment
      • Table Total Mining Explosives Market: Revenue Forecast by Product Segment—Coal, South Africa, 2013–2020
    • Coal—Revenue Forecast Discussion
    • Gold Mining Sector in South Africa
    • Gold—Revenue Forecast by Product Segment
      • Table Total Mining Explosives Market: Revenue Forecast by Product Segment—Gold, South Africa, 2013–2020
    • Gold—Revenue Forecast Discussion
    • Iron Ore Mining Sector in South Africa
    • Iron Ore—Revenue Forecast by Product Segment
      • Table Total Mining Explosives Market: Revenue Forecast by Product Segment—Iron Ore, South Africa, 2013–2020
    • Iron Ore—Revenue Forecast Discussion
    • PGM Mining Sector in South Africa
    • PGM—Revenue Forecast by Product Segment
      • Table Total Mining Explosives Market: Revenue Forecast by Product Segment—PGM, South Africa, 2013–2020
    • PGM—Revenue Forecast Discussion
  • Market Share and Competitive Analysis—Total Mining Explosives Market
    • Market Share
    • Market Share Analysis
      • Table Total Mining Explosives Market: Company Market Share Analysis of Top 5 Participants, South Africa, 2015
    • Competitive Environment
    • Main Competitor Company Profiles—AEL Mining Services
    • Main Competitor Company Profiles—BME South Africa
    • Competitive Factors and Assessment
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1: R&D and Innovation is Key
    • Growth Opportunity 2: Full Product and Service Offering
    • Growth Opportunity 3: Optimise Raw Material Accessibility
    • Growth Opportunity 4: Geographic Expansion into Africa
    • Growth Opportunity 5: Sustainable Mining Solutions
    • Strategic Imperatives for Success and Growth
  • Bulk Emulsions Segment Analysis
    • Key Findings
    • Market Engineering Measurements
      • Table Bulk Emulsions Segment: Market Engineering Measurements, South Africa, 2015
    • Revenue Forecast
      • Table Bulk Emulsions Segment: Revenue Forecast, South Africa, 2013–2020
    • Revenue Forecast Discussion
    • Unit Shipment Forecast
      • Table Bulk Emulsions Segment: Unit Shipment Forecast, South Africa, 2013–2020
    • Unit Shipment Forecast Discussion
    • Per Cent Revenue Forecast by Vertical Market
    • Revenue Forecast by Vertical Market
      • Table Bulk Emulsions Segment: Revenue Forecast by Vertical Market, South Africa, 2013–2020
    • Revenue Forecast Discussion by Vertical Market
  • Packaged Explosives Segment Analysis
    • Key Findings
    • Market Engineering Measurements
      • Table Packaged Explosives Segment: Market Engineering Measurements, South Africa, 2015
    • Revenue Forecast
      • Table Packaged Explosives Segment: Revenue Forecast, South Africa, 2013–2020
    • Revenue Forecast Discussion
    • Unit Shipment Forecast
      • Table Packaged Explosives Segment: Unit Shipment Forecast, South Africa, 2013–2020
    • Unit Shipment Forecast Discussion
    • Per Cent Revenue Forecast by Vertical Market
    • Revenue Forecast by Vertical Market
      • Table Packaged Explosives Segment: Revenue Forecast by Vertical Market, South Africa, 2013–2020
    • Revenue Forecast Discussion by Vertical Market
  • Initiating Systems Segment Analysis
    • Key Findings
    • Market Engineering Measurements
      • Table Initiating Systems Segment: Market Engineering Measurements, South Africa, 2015
    • Revenue Forecast
      • Table Initiating Systems Segment: Revenue Forecast, South Africa, 2013–2020
    • Per Cent Revenue Forecast by Vertical Market
    • Revenue Forecast by Vertical Market
      • Table Initiating Systems Segment: Revenue Forecast by Vertical Market, South Africa, 2013–2020
    • Revenue Forecast and Vertical Market Discussion
  • The Last Word
    • The Last Word—3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Additional Sources of Information on Mining, Chemicals, and South Africa
    • List of Companies in "Others"
    • Abbreviations and Acronyms Used

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