Industry: Chemical & Material
Published Date: 2025-01-18
Pages: 135 Pages
Report ld: 3434317
Request Sample
Customized Report
Explosive Market Size(US$)

CAGR 2025-2031
-1.9%
Market Size,2031
USD 17,420
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Explosive was estimated to be worth US$ 19830 million in 2024 and is forecast to a readjusted size of US$ 17420 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
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 5 largest manufacturers of Explosive are Orica, Dyno Nobel, MAXAM, ENAEX and AEL, which make up about 40%. Among them, Orica is the leader with about 18% market share.
Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America, with share about 24% and 18%. In terms of product type, Bulk Emulsions Explosive occupy the largest share of the total market, about 42%. And in terms of product application, the largest application is Metal Mine, followed by Coal Mine.
This report aims to provide a comprehensive presentation of the global market for Explosive, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Explosive by region & country, by Type, and by Application.
The Explosive market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Explosive.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Explosive manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Explosive in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Explosive in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Explosive Product Introduction
1.2 Global Explosive Market Size Forecast
1.2.1 Global Explosive Sales Value (2020-2031)
1.2.2 Global Explosive Sales Volume (2020-2031)
1.2.3 Global Explosive Sales Price (2020-2031)
1.3 Explosive Market Trends & Drivers
1.3.1 Explosive Industry Trends
1.3.2 Explosive Market Drivers & Opportunity
1.3.3 Explosive Market Challenges
1.3.4 Explosive Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Explosive Players Revenue Ranking (2024)
2.2 Global Explosive Revenue by Company (2020-2025)
2.3 Global Explosive Players Sales Volume Ranking (2024)
2.4 Global Explosive Sales Volume by Company Players (2020-2025)
2.5 Global Explosive Average Price by Company (2020-2025)
2.6 Key Manufacturers Explosive Manufacturing Base and Headquarters
2.7 Key Manufacturers Explosive Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Explosive
2.9 Explosive Market Competitive Analysis
2.9.1 Explosive Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Explosive Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Explosive as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Ammoniun Nitrate Explosive
3.1.2 Anfo Explosive
3.1.3 Bulk Emulsions Explosive
3.1.4 Packaged Emulsions Explosive
3.1.5 Initiation Accesories
3.2 Global Explosive Sales Value by Type
3.2.1 Global Explosive Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Explosive Sales Value, by Type (2020-2031)
3.2.3 Global Explosive Sales Value, by Type (%) (2020-2031)
3.3 Global Explosive Sales Volume by Type
3.3.1 Global Explosive Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Explosive Sales Volume, by Type (2020-2031)
3.3.3 Global Explosive Sales Volume, by Type (%) (2020-2031)
3.4 Global Explosive Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Coal Mine
4.1.2 Metal Mine
4.1.3 Quarrying
4.1.4 Non-metallic Mine
4.1.5 Construction
4.2 Global Explosive Sales Value by Application
4.2.1 Global Explosive Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Explosive Sales Value, by Application (2020-2031)
4.2.3 Global Explosive Sales Value, by Application (%) (2020-2031)
4.3 Global Explosive Sales Volume by Application
4.3.1 Global Explosive Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Explosive Sales Volume, by Application (2020-2031)
4.3.3 Global Explosive Sales Volume, by Application (%) (2020-2031)
4.4 Global Explosive Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Explosive Sales Value by Region
5.1.1 Global Explosive Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Explosive Sales Value by Region (2020-2025)
5.1.3 Global Explosive Sales Value by Region (2026-2031)
5.1.4 Global Explosive Sales Value by Region (%), (2020-2031)
5.2 Global Explosive Sales Volume by Region
5.2.1 Global Explosive Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Explosive Sales Volume by Region (2020-2025)
5.2.3 Global Explosive Sales Volume by Region (2026-2031)
5.2.4 Global Explosive Sales Volume by Region (%), (2020-2031)
5.3 Global Explosive Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Explosive Sales Value, 2020-2031
5.4.2 North America Explosive Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Explosive Sales Value, 2020-2031
5.5.2 Europe Explosive Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Explosive Sales Value, 2020-2031
5.6.2 Asia Pacific Explosive Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Explosive Sales Value, 2020-2031
5.7.2 South America Explosive Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Explosive Sales Value, 2020-2031
5.8.2 Middle East & Africa Explosive Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Explosive Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Explosive Sales Value
6.2.1 Key Countries/Regions Explosive Sales Value, 2020-2031
6.2.2 Key Countries/Regions Explosive Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Explosive Sales Value, 2020-2031
6.3.2 United States Explosive Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Explosive Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Explosive Sales Value, 2020-2031
6.4.2 Europe Explosive Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Explosive Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Explosive Sales Value, 2020-2031
6.5.2 China Explosive Sales Value by Type (%), 2024 VS 2031
6.5.3 China Explosive Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Explosive Sales Value, 2020-2031
6.6.2 Japan Explosive Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Explosive Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Explosive Sales Value, 2020-2031
6.7.2 South Korea Explosive Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Explosive Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Explosive Sales Value, 2020-2031
6.8.2 Southeast Asia Explosive Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Explosive Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Explosive Sales Value, 2020-2031
6.9.2 India Explosive Sales Value by Type (%), 2024 VS 2031
6.9.3 India Explosive Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Orica
7.1.1 Orica Company Information
7.1.2 Orica Introduction and Business Overview
7.1.3 Orica Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Orica Explosive Product Offerings
7.1.5 Orica Recent Development
7.2 Dyno Nobel
7.2.1 Dyno Nobel Company Information
7.2.2 Dyno Nobel Introduction and Business Overview
7.2.3 Dyno Nobel Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Dyno Nobel Explosive Product Offerings
7.2.5 Dyno Nobel Recent Development
7.3 MAXAM
7.3.1 MAXAM Company Information
7.3.2 MAXAM Introduction and Business Overview
7.3.3 MAXAM Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 MAXAM Explosive Product Offerings
7.3.5 MAXAM Recent Development
7.4 ENAEX
7.4.1 ENAEX Company Information
7.4.2 ENAEX Introduction and Business Overview
7.4.3 ENAEX Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 ENAEX Explosive Product Offerings
7.4.5 ENAEX Recent Development
7.5 AEL
7.5.1 AEL Company Information
7.5.2 AEL Introduction and Business Overview
7.5.3 AEL Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 AEL Explosive Product Offerings
7.5.5 AEL Recent Development
7.6 Yunnan Civil Explosive
7.6.1 Yunnan Civil Explosive Company Information
7.6.2 Yunnan Civil Explosive Introduction and Business Overview
7.6.3 Yunnan Civil Explosive Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Yunnan Civil Explosive Explosive Product Offerings
7.6.5 Yunnan Civil Explosive Recent Development
7.7 Poly Permanent Union Holding Group
7.7.1 Poly Permanent Union Holding Group Company Information
7.7.2 Poly Permanent Union Holding Group Introduction and Business Overview
7.7.3 Poly Permanent Union Holding Group Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Poly Permanent Union Holding Group Explosive Product Offerings
7.7.5 Poly Permanent Union Holding Group Recent Development
7.8 Gezhouba Explosive
7.8.1 Gezhouba Explosive Company Information
7.8.2 Gezhouba Explosive Introduction and Business Overview
7.8.3 Gezhouba Explosive Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Gezhouba Explosive Explosive Product Offerings
7.8.5 Gezhouba Explosive Recent Development
7.9 AUSTIN
7.9.1 AUSTIN Company Information
7.9.2 AUSTIN Introduction and Business Overview
7.9.3 AUSTIN Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 AUSTIN Explosive Product Offerings
7.9.5 AUSTIN Recent Development
7.10 NOF Corporation
7.10.1 NOF Corporation Company Information
7.10.2 NOF Corporation Introduction and Business Overview
7.10.3 NOF Corporation Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 NOF Corporation Explosive Product Offerings
7.10.5 NOF Corporation Recent Development
7.11 Sverdlov
7.11.1 Sverdlov Company Information
7.11.2 Sverdlov Introduction and Business Overview
7.11.3 Sverdlov Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Sverdlov Explosive Product Offerings
7.11.5 Sverdlov Recent Development
7.12 BME Mining
7.12.1 BME Mining Company Information
7.12.2 BME Mining Introduction and Business Overview
7.12.3 BME Mining Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 BME Mining Explosive Product Offerings
7.12.5 BME Mining Recent Development
7.13 EPC Groupe
7.13.1 EPC Groupe Company Information
7.13.2 EPC Groupe Introduction and Business Overview
7.13.3 EPC Groupe Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 EPC Groupe Explosive Product Offerings
7.13.5 EPC Groupe Recent Development
7.14 Sasol
7.14.1 Sasol Company Information
7.14.2 Sasol Introduction and Business Overview
7.14.3 Sasol Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Sasol Explosive Product Offerings
7.14.5 Sasol Recent Development
7.15 Anhui Jiangnan
7.15.1 Anhui Jiangnan Company Information
7.15.2 Anhui Jiangnan Introduction and Business Overview
7.15.3 Anhui Jiangnan Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Anhui Jiangnan Explosive Product Offerings
7.15.5 Anhui Jiangnan Recent Development
7.16 Solar Explosives
7.16.1 Solar Explosives Company Information
7.16.2 Solar Explosives Introduction and Business Overview
7.16.3 Solar Explosives Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Solar Explosives Explosive Product Offerings
7.16.5 Solar Explosives Recent Development
7.17 Nanling Civil Explosive
7.17.1 Nanling Civil Explosive Company Information
7.17.2 Nanling Civil Explosive Introduction and Business Overview
7.17.3 Nanling Civil Explosive Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Nanling Civil Explosive Explosive Product Offerings
7.17.5 Nanling Civil Explosive Recent Development
7.18 Famesa
7.18.1 Famesa Company Information
7.18.2 Famesa Introduction and Business Overview
7.18.3 Famesa Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Famesa Explosive Product Offerings
7.18.5 Famesa Recent Development
7.19 Sichuan Yahua
7.19.1 Sichuan Yahua Company Information
7.19.2 Sichuan Yahua Introduction and Business Overview
7.19.3 Sichuan Yahua Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Sichuan Yahua Explosive Product Offerings
7.19.5 Sichuan Yahua Recent Development
7.20 IDEAL
7.20.1 IDEAL Company Information
7.20.2 IDEAL Introduction and Business Overview
7.20.3 IDEAL Explosive Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 IDEAL Explosive Product Offerings
7.20.5 IDEAL Recent Development
8 Industry Chain Analysis
8.1 Explosive Industrial Chain
8.2 Explosive Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Explosive Sales Model
8.5.2 Sales Channel
8.5.3 Explosive Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Explosive market size was US$ 19490 million in 2025 and is forecast to reach a readjusted size of US$ 17130 million by 2032 with a CAGR of -1.9% during the forecast period 2026-2032.
Published Date: 2026-01-04
Pages: 105
USD 4250.00
(Single User License)
The global Explosive market was valued at US$ 19490 million in 2025 and is anticipated to reach US$ 17130 million by 2032, at a CAGR of -1.9% from 2026 to 2032.
Published Date: 2026-01-04
Pages: 149
USD 2900.00
(Single User License)
The global market for Explosive was estimated to be worth US$ 19490 million in 2025 and is projected to reach US$ 17130 million, growing at a CAGR of -1.9% from 2026 to 2032.
Published Date: 2026-01-04
Pages: 141
USD 3950.00
(Single User License)
The global Explosive market size was US$ 19830 million in 2024 and is forecast to a readjusted size of US$ 17420 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
Published Date: 2025-09-10
Pages: 106
USD 4250.00
(Single User License)
The global Explosive market is projected to grow from US$ 19830 million in 2024 to US$ 17420 million by 2031, at a CAGR of -1.9% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-08-08
Pages: 172
USD 4900.00
(Single User License)
In 2024, the global market size of Explosive was estimated to be worth US$ 19830 million and is forecast to reach approximately US$ 17420 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
Published Date: 2025-03-28
Pages: 176
USD 5900.00
(Single User License)
The global market for Explosive was valued at US$ 19830 million in the year 2024 and is projected to reach a revised size of US$ 17420 million by 2031, growing at a CAGR of -1.9% during the forecast period.
Published Date: 2025-01-18
Pages: 108
USD 2900.00
(Single User License)
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.
Published Date: 2024-01-18
Pages: 163
USD 3950.00
(Single User License)
The global Explosive market size was US$ 19490 million in 2025 and is forecast to reach a readjusted size of US$ 17130 million by 2032 with a CAGR of -1.9% during the forecast period 2026-2032.
Published: 2026-01-04
Pages: 105
The global Explosive market was valued at US$ 19490 million in 2025 and is anticipated to reach US$ 17130 million by 2032, at a CAGR of -1.9% from 2026 to 2032.
Published: 2026-01-04
Pages: 149
The global market for Explosive was estimated to be worth US$ 19490 million in 2025 and is projected to reach US$ 17130 million, growing at a CAGR of -1.9% from 2026 to 2032.
Published: 2026-01-04
Pages: 141
The global Explosive market size was US$ 19830 million in 2024 and is forecast to a readjusted size of US$ 17420 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
Published: 2025-09-10
Pages: 106
The global Explosive market is projected to grow from US$ 19830 million in 2024 to US$ 17420 million by 2031, at a CAGR of -1.9% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-08-08
Pages: 172
In 2024, the global market size of Explosive was estimated to be worth US$ 19830 million and is forecast to reach approximately US$ 17420 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
Published: 2025-03-28
Pages: 176
The global market for Explosive was valued at US$ 19830 million in the year 2024 and is projected to reach a revised size of US$ 17420 million by 2031, growing at a CAGR of -1.9% during the forecast period.
Published: 2025-01-18
Pages: 108
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.
Published: 2024-01-18
Pages: 163
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now