Press release
Mining Explosive Market Size, Share, Development by 2024
To analyze the Mining Explosive with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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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.
Scope of the Report:
Mining explosives, most based on ammonium nitrate and in the form of bulk or packaged types, are widely used in mines, quarrying and nonmetal mining as well as metal mining. Many coal mines use explosives to loosen the rock and coal. In surface mining, holes are drilled through the overburden, loaded with explosives, and discharged, shattering the rock in the overburden. In one underground mining method, the coal is blasted off the bed without any undercutting to help break it down. Actually, coal mine is the largest consumer of mining explosives, which held 74.72% market share globally in 2016.
Orica is the largest manufacturer of mining explosives. With manufacture facilities located in the important mining regions, the company has become a key player and has footprints in many countries.
The worldwide market for Mining Explosives is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 16000 million US$ in 2024, from 13900 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Mining Explosives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Ammonium Nitrate Explosives (Powder)
ANFO
Emulsion Explosive
Market Segment by Applications, can be divided into
Coal Mining
Quarrying and Nonmetal Mining
Metal Mining
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-mining-explosives-market_p175350.html
Related Information:
North America Mining Explosive Market Growth 2019-2024
United States Mining Explosive Market Growth 2019-2024
Asia-Pacific Mining Explosive Market Growth 2019-2024
Europe Mining Explosive Market Growth 2019-2024
EMEA Mining Explosive Market Growth 2019-2024
Global Mining Explosive Market Growth 2019-2024
China Mining Explosive Market Growth 2019-2024
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