Explosives and Pyrotechnics Market: Global Industry Analysis and Forecast (2023-2029)

Explosives and Pyrotechnics Market size was valued at US$ 19.84 Bn in 2022 and the total revenue is expected to grow at 5% through 2023 to 2029, reaching nearly US$ 27.92 Bn. The global Explosives and Pyrotechnics market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Explosives and Pyrotechnics report also provides trends by market segments, technology, and investment with a competitive landscape.Explosives and Pyrotechnics MarketTo know about the Research Methodology :- Request Free Sample Report

Explosives and Pyrotechnics Market Overview:

Explosives are used in various applications like metal mining, coal mining, military, and construction. The growing number of projects for infrastructure development is expected to drive global market growth during the forecast period.

Explosives and Pyrotechnics Market Dynamics:

Rising mining operations in the U.S., Australia, Russia, and South Africa with increasing adoption of outdoor cracker shows in sports events as well as in personal events like weddings, is a major driving factor for the explosives & pyrotechnics market size. Rising explosives demand thanks to its application in drilling and blasting at the mining and construction sites is the major factor expected to drive the explosives & pyrotechnics market demand during the forecast period 2023-2029. Blasting and explosives technology is the main part of any mining activity which is utilized in open pit and underground mining operations. Coal mining is another largest segment. The need of coal for power generation is expected to enhance the mining operations which have a positive impact on the global market. For example, energy shortage in many countries with a rising population is driving the coal industry. Stringent government regulations from the regulatory body including the EPA are expected to hamper the global market growth during the forecast period. This is because secondary explosives like TNT, RDX, and HMX are used in major quantities for open-pit & underground mining, construction, and military applications. Significant harms to humans, animals, and the environment because of noise and pressure released during blasts make a negative impact on the global explosives and pyrotechnics market growth

Explosives and Pyrotechnics Market Segment Analysis:

By Product, the explosives and pyrotechnics market is segmented into explosives, pyrotechnics, others. Pyrotechnics are expected to be the fastest-growing segment of the market attributed to the growing demand for fireworks in various festivals including weddings & Christmas. Increasing growth of the tourism industry, where hoteliers are hosting shows that include fireworks is anticipated to propel the market during the forecast period of 2023 to 2029. By End User, the market is segmented into mining, construction, military, entertainment, consumer, and others. The mining end-user segment was valued at USD 7.5 billion in 2021 and is expected to witness significant growth during the forecast period. Rising demand for ores, minerals, and energy are the major factors driving the segment growth in the explosives & pyrotechnics industry. Growing consumer demand for prosperous minerals like diamond, and further contribute to the global market growth during the forecast period. Mineral extraction was specially developed in India, China, and Australia. Moreover, recent projects for rising iron ore output in Brazil, Africa and Russia are estimated to a positive impact on segment demand.

Regional Insights:

Asia Pacific Dominate the Global Explosives and Pyrotechnics Market Asia Pacific region was accounted for the largest market share of more than 53% in terms of volume in 2022. The presence of various primary end-use industries in Australia, and China thanks to the presence of coal and gold reserves are expected to play a vital role in the rising demand for explosives during the forecast period. Mexico is expected to dominate the North American market because of supportive government initiatives for infrastructure development. Additionally, shale gas exploration in the U.S. propels industry growth for mining applications. Mining industries including BHP Billiton, Vale, and Rio Tinto have invested in countries with minerals like copper, silver, steel, and platinum in Chile, Peru, China, and South Africa. This factor is also likely to drive the market during the forecast period 2023-2029. The objective of the report is to present a comprehensive analysis of the Global Explosives and Pyrotechnics market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Explosives and Pyrotechnics market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.

Explosives and Pyrotechnics Market Scope: Inquire before buying

 Explosives and Pyrotechnics Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 5% US$ 19.84 Bn US$ 27.92 Bn
Segments Covered
by Product Explosives Pyrotechnics Others by End User Mining Construction Military Entertainment Consumer Others
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Key Players:

1. Orica Mining Services 2. Sasol Limited 3. Austin Powder Company 4. Chemring Group 5. ENAEX 6. Maxam Corp. 7. Incitec Pivot 8. AECI Group 9. Pyro Company Fireworks 10. ePC Group 11. Alliant Techsystems 12. Hanwha Corp. 13. Solar Industries India 14. LSB Industries 15. AEL Mining Services 16. Titanobel SAS 17. Others Frequently Asked questions 1. What is the market size of the Global Explosives and Pyrotechnics Market in 2022? Ans. The market size Global Explosives and Pyrotechnics Market in 2022 was US$ 19.84 Billion. 2. What are the different segments of the Global Explosives and Pyrotechnics Market ? Ans. The Global Explosives and Pyrotechnics Market is divided into Product  and End User. 3. What is the study period of this market? Ans. The Global Explosives and Pyrotechnics Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Explosives and Pyrotechnics Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Explosives and Pyrotechnics Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Explosives and Pyrotechnics Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Explosives and Pyrotechnics Market 3.4. Geographical Snapshot of the Explosives and Pyrotechnics Market, By Manufacturer share 4. Global Explosives and Pyrotechnics Market Overview,  2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Product 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Explosives and Pyrotechnics Market 5. Supply Side and Demand Side Indicators 6. Global Explosives and Pyrotechnics Market Analysis and Forecast,  2022-2029 6.1. Global Explosives and Pyrotechnics Market Size & Y-o-Y Growth Analysis. 7. Global Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 7.1.1. Explosives 7.1.2. Pyrotechnics 7.1.3. Others 7.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 7.2.1. Mining 7.2.2. Construction 7.2.3. Military 7.2.4. Entertainment 7.2.5. Consumer 7.2.6. Others 8. Global Explosives and Pyrotechnics Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region,  2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 9.1.1. Explosives 9.1.2. Pyrotechnics 9.1.3. Others 9.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 9.2.1. Mining 9.2.2. Construction 9.2.3. Military 9.2.4. Entertainment 9.2.5. Consumer 9.2.6. Others 10. North America Explosives and Pyrotechnics Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country,  2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 11.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 12. Canada Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 12.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 13. Mexico Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 13.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 14. Europe Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 14.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 15. Europe Explosives and Pyrotechnics Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country,  2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 16.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 17. France Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 17.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 18. Germany Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 18.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 19. Italy Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 19.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 20. Spain Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 20.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 21. Sweden Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 21.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 22. CIS Countries Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 22.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 23. Rest of Europe Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 23.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 24. Asia Pacific Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 24.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 25. Asia Pacific Explosives and Pyrotechnics Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country,  2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 26.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 27. India Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 27.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 28. Japan Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 28.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 29. South Korea Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 29.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 30. Australia Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 30.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 31. ASEAN Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 31.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 32. Rest of Asia Pacific Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 32.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 33. Middle East Africa Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 33.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 34. Middle East Africa Explosives and Pyrotechnics Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country,  2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 35.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 36. GCC Countries Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 36.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 37. Egypt Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 37.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 38. Nigeria Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 38.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 39. Rest of ME&A Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 39.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 40. South America Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 40.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 41. South America Explosives and Pyrotechnics Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country,  2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 42.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 43. Argentina Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 43.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 44. Rest of South America Explosives and Pyrotechnics Market Analysis and Forecasts,  2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product,  2022-2029 44.2. Market Size (Value) Estimates & Forecast By End User,  2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Explosives and Pyrotechnics Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Use Industries and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals[ 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Orica Mining Services 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Sasol Limited 45.3.3. Austin Powder Company 45.3.4. Chemring Group 45.3.5. ENAEX 45.3.6. Maxam Corp. 45.3.7. Incitec Pivot 45.3.8. AECI Group 45.3.9. Pyro Company Fireworks 45.3.10. ePC Group 45.3.11. Alliant Techsystems 45.3.12. Hanwha Corp. 45.3.13. Solar Industries India 45.3.14. LSB Industries 45.3.15. AEL Mining Services 45.3.16. Titanobel SAS 45.3.17. Other Key Players 46. Primary Key Insights
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