Global Mining Explosives Market Growth 2025-2031

Global Mining Explosives Market Growth 2025-2031

The global Mining Explosives market size is predicted to grow from US$ 15690 million in 2025 to US$ 18180 million in 2031; it is expected to grow at a CAGR of 2.5% from 2025 to 2031.

Industrial explosives are high hazard blasting explosives primarily used in the mining and construction industry. Among them, mining explosive occupies the largest market share, and it can be widely used in coal mining, quarrying mining, nonmetal mining and metal mining. Coal mining is the most important application area of mining explosive.

Global Mining Explosives main players are Orica, IPL (Dyno Nobel), MAXAM, AEL, etc. Global top five manufacturers hold a share over 40%. China is the largest market, with a share nearly 30%.

LP Information, Inc. (LPI) ' newest research report, the “Mining Explosives Industry Forecast” looks at past sales and reviews total world Mining Explosives sales in 2024, providing a comprehensive analysis by region and market sector of projected Mining Explosives sales for 2025 through 2031. With Mining Explosives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mining Explosives industry.

This Insight Report provides a comprehensive analysis of the global Mining Explosives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mining Explosives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mining Explosives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Explosives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mining Explosives.

This report presents a comprehensive overview, market shares, and growth opportunities of Mining Explosives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Ammonium Nitrate Explosives (Powder)
ANFO
Emulsion Explosive

Segmentation by Application:
Coal Mining
Quarrying and Nonmetal Mining
Metal Mining

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Orica
MAXAM
AEL
IPL (Dyno Nobel)
ENAEX
Sasol
Yunnan Civil Explosive
Solar Explosives
Gezhouba Explosive
EPC Groupe
Anhui Jiangnan
Poly Permanent Union Holding Group
Nanling Civil Explosive
BME Mining
NOF Corporation
IDEAL
Sichuan Yahua
AUSTIN
Kailong Chemical
Leiming Kehua

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mining Explosives market?

What factors are driving Mining Explosives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mining Explosives market opportunities vary by end market size?

How does Mining Explosives break out by Type, by Application?

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