市場調査レポート

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1754318

産業用爆薬の市場規模、シェア、動向、予測：タイプ別、最終用途産業別、地域別、2025～2033年

Industrial Explosives Market Size, Share, Trends and Forecast by Type, End Use Industry, and Region, 2025-2033

出版日: 2025年06月02日
発行: IMARC
ページ情報: 英文 146 Pages
納期: 2～3営業日

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概要
図表
目次

概要

サンプル依頼リストに入れる

産業用爆薬の世界市場規模は、2024年に83億3,000万米ドルとなりました。今後、IMARC Groupは、同市場が2033年には121億米ドルに達し、2025～2033年にかけて4.02%のCAGRを示すと予測しています。2024年現在、アジア太平洋が43.7%以上の大きなシェアを占め、市場を独占しています。採掘事業の拡大、インフラプロジェクトの増加、エネルギー資源需要の増加、発破技術の進歩、金属抽出量の増加、厳しい安全基準、エコフレンドリー爆薬の採用、資源探査への政府投資などが市場を牽引する要因となっています。

世界市場は主に、世界の効率的な採掘と建設活動に対する需要の増加が牽引しています。さらに、特に新興経済諸国におけるインフラ開発プロジェクトの増加が、市場の主要な成長誘発要因として作用しています。さらに、採石やトンネル工事における火薬の急速な利用が市場拡大を促進しています。ICRAによると、インドの採掘・建設機械（MCE）産業は今後5～7年間で大幅に拡大し、70～80％の現地化を目指すと予測されており、これにより年間約30億米ドルの外貨を節約できる可能性があります。同産業の販売台数は2024年度に13万6,000台に達し、2030年には250億米ドルの市場になると予想されています。こうした目標を達成するには、強固なサプライチェーンのエコシステムを開発し、政府のインセンティブを活用する必要があります。加えて、精密ブラストのための継続的な技術進歩と安全基準の向上が、世界レベルでの市場をさらに拡大しています。加えて、金属や鉱物に対する需要の増大が鉱業における産業用爆薬の採用を促進しており、市場は力強いペースで成長を続けています。

米国は、主に石油・ガス探査という形でのエネルギー資源需要の増加に牽引され、主要な地域市場として際立っています。特に、2024年10月22日、S& P世界のレーティングは、米国のデータセンターが増大するエネルギー需要を支えるため、2030年までに天然ガス需要を日量30億～60億立方フィート増加させると報告しました。この需要は主にテキサス州と南東部の天然ガス田に影響を与え、中流エネルギー部門の拡大を促進します。加えて、採掘プロセスの有効性を向上させるために、採掘プロセスにおける先進的発破技術の使用が増加し、産業の成長を刺激しています。また、高速道路や鉄道を含む大規模なインフラプロジェクトの増加が、需要をますます促進しています。さらに、厳格な安全規則と規制順守を通じて、環境に優しく低排出の爆薬に関連する技術革新が進行中です。これとは別に、軍事・防衛セグメントへの投資が拡大していることも、市場に明るい展望をもたらしています。

産業用爆薬市場動向

鉱業活動の需要増加

産業用爆薬市場は、特に金、石炭、貴金属などの鉱物の採掘活動の需要増加により大きく成長しています。米国地質調査所（USGS）のMineral Commodity Summaries 2022によると、産業用鉱物の世界生産量は全品目で一様な増加を示していないです。例えば、ジルコニウム精鉱のような特定の鉱物の生産量は、2020年と比較して2021年は約横ばいでした。しかし、USGSの報告によると、米国の非燃料鉱物の生産額は2022年に36億米ドル増加し、総額1,052億米ドルに達し、一部のセグメントでプラス成長傾向が見られました。鉱業における爆薬の需要は、金、石炭、リチウムなどの鉱物の採掘と密接に関連しています。世界のインフラ開発プロジェクトが本格化する中、原料の需要が絶えず、それが産業用爆薬の需要に拍車をかけています。これらの火薬は、露天掘りや地下鉱山を含む大規模な採掘作業において、岩石や鉱石を砕くためにも極めて重要です。さらに、世界中で人口が増加しているため、大規模な都市化が進んでおり、そのため建築資材の需要が増加し、鉱業活動が刺激されています。特筆すべきは、特にアジア太平洋で鉱業活動が著しく活発化していることで、中国やインドなどでは主要な鉱業活動が見られます。探鉱がより複雑で遠い地域まで深まるにつれて、より高度で効率的な火薬技術が必要となり、産業用爆薬セクタの成長傾向を持続させることになります。

火薬材料の技術的進歩

産業用爆薬市場では、採掘や建設工事用の火薬の効率性、安全性、エコフレンドリー特性を高める技術革新へのシフトが顕著です。従来型火薬は、その安全性や、粉塵や有毒物質の排出といった環境への悪影響に関する懸念から、常に議論の対象となってきました。先進的なエマルジョン、バルク爆薬、水性溶液などは、上記の問題を大幅に減少させました。これらの新しい爆薬材料は、収率の点ではるかにエネルギッシュで、生産性を向上させるだけでなく、副作用も低減します。例えば、新しい製剤の中には有毒ガスの放出を最小限に抑えたものもあれば、さらに安定性が高く取り扱いが安全なものもあります。米国陸軍ラボ（ARL）は、取り扱いや輸送中の危険性を減らすため、より安全な爆薬材料の開発に携わってきました。例えば、ARLの研究者は、爆薬の主要成分である2,4-ジアミノ-6-ニトロピリミジン（DAG）を製造する新しい方法を合成しました。この方法はより安全でコスト効率に優れ、製造時の爆発や燃焼の危険性を最小限に抑えることができます。エコフレンドリー爆薬の開発は、環境規制が非常に厳しく、企業がこれらの新技術を採用せざるを得ない市場において特に重要です。よりクリーンで、より安全で、より効果的な爆薬ソリューションへの需要が高まるにつれて、技術の進歩は市場を形成する中核的な動向の1つであり続けると考えられます。

新興経済国での拡大

産業用爆薬市場は、新興経済諸国の成長と産業化、都市化、インフラ整備のペースアップにより大きな伸びを示しています。アジア太平洋、アフリカ、ラテンアメリカ開発途上地域は、活発で高い経済開発活動を示しており、建設用採掘・採石の動向を急速に後押ししています。2023年、世界銀行は、インドや中国などの国々が鉱業やインフラ開発プロジェクトを拡大しており、それが産業用爆薬の需要に直接影響していると報告しています。世界最大の石炭生産国である中国は、産業用爆薬の重要な消費国です。しかし、国際エネルギー機関（IEA）は、中国の火力発電以外の石炭需要が2027年末まで減少すると予測しており、石炭採掘用爆薬の需要に影響を与える可能性があります。さらに、アフリカやラテンアメリカでは、各国がインフラを建設しているため、建設業や鉱業における爆薬の需要が増加しています。これらの市場には先進国のような厳しい環境法がないことが多いため、エネルギー効率の高い新技術に順応しながら、従来型爆薬を使用することができます。これらの経済が成長を続けるにつれて、産業用爆薬のニーズもそれにつれて高まり、新興市場は世界全体の市場拡大の主要な原動力となっています。

北米
- 米国
- カナダ
アジア太平洋
- 中国
- 日本
- インド
- 韓国
- オーストラリア
- インドネシア
- その他
欧州
- ドイツ
- フランス
- 英国
- イタリア
- スペイン
- ロシア
- その他
ラテンアメリカ
- ブラジル
- メキシコ
- その他
中東・アフリカ
- 市場内訳：国別

第9章 SWOT分析

概要
強み
弱み
機会
脅威

第10章バリューチェーン分析

第11章ポーターのファイブフォース分析

概要
買い手の交渉力
供給企業の交渉力
競合の程度
新規参入業者の脅威
代替品の脅威

第12章価格分析

第13章競合情勢

市場構造
主要企業
主要企業のプロファイル
- AECI Limited
- Austin Powder Company
- EPC Groupe
- Incitec Pivot limited
- Irish Industrial Explosives Limited
- Keltech Energies Ltd.
- NOF Corporation
- Orica Limited
- Sigdo Koppers S.A.
- Solar Industries India Limited

図表

List of Figures

Figure 1: Global: Industrial Explosives Market: Major Drivers and Challenges
Figure 2: Global: Industrial Explosives Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Industrial Explosives Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Industrial Explosives Market: Breakup by Type (in %), 2024
Figure 5: Global: Industrial Explosives Market: Breakup by End Use Industry (in %), 2024
Figure 6: Global: Industrial Explosives Market: Breakup by Region (in %), 2024
Figure 7: Global: Industrial Explosives (High Explosives) Market: Sales Value (in Million USD), 2019 & 2024
Figure 8: Global: Industrial Explosives (High Explosives) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 9: Global: Industrial Explosives (Blasting Agents) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Industrial Explosives (Blasting Agents) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Industrial Explosives (Mining) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Industrial Explosives (Mining) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Industrial Explosives (Construction) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Industrial Explosives (Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Industrial Explosives (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Industrial Explosives (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: North America: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: North America: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: United States: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: United States: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Canada: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Canada: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Asia-Pacific: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Asia-Pacific: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: China: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: China: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: Japan: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: Japan: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: India: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: India: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: South Korea: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: South Korea: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Australia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Australia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: Indonesia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: Indonesia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: Europe: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: Europe: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: Germany: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: Germany: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: France: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: France: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: United Kingdom: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: United Kingdom: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: Italy: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: Italy: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: Spain: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: Spain: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: Russia: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: Russia: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: Latin America: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: Latin America: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Brazil: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Brazil: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Mexico: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Mexico: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: Others: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: Others: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: Middle East and Africa: Industrial Explosives Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: Middle East and Africa: Industrial Explosives Market: Breakup by Country (in %), 2024
Figure 65: Middle East and Africa: Industrial Explosives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 66: Global: Industrial Explosives Industry: SWOT Analysis
Figure 67: Global: Industrial Explosives Industry: Value Chain Analysis
Figure 68: Global: Industrial Explosives Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Industrial Explosives Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Industrial Explosives Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 3: Global: Industrial Explosives Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
Table 4: Global: Industrial Explosives Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 5: Global: Industrial Explosives Market: Competitive Structure
Table 6: Global: Industrial Explosives Market: Key Players

Product Code: SR112025A5808

The global industrial explosives market size was valued at USD 8.33 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 12.10 Billion by 2033, exhibiting a CAGR of 4.02% during 2025-2033. Asia Pacific currently dominates the market in 2024, holding a significant share of over 43.7%. The expanding mining operations, growing infrastructure projects, rising demand for energy resources, advancements in blasting technologies, increasing metal extraction, stringent safety standards, adoption of eco-friendly explosives, and government investments in resource exploration are some of the factors driving the market.

The global market is primarily driven by the increasing demand for efficient mining and construction activities worldwide. Moreover, increasing infrastructure development projects, especially in emerging economies, are acting as the primary growth-inducing factors for the market. Moreover, the rapid utilization of explosives in quarrying and tunneling operations is facilitating market expansion. As per ICRA, India's mining and construction equipment (MCE) industry is projected to expand significantly over the next 5-7 years, aiming for 70-80% localization, which could save approximately USD 3 Billion annually in foreign exchange. The industry has reached 136,000-unit sales in FY2024 and is expected to become a USD 25 Billion market by 2030. Achieving these targets will require developing a robust supply chain ecosystem and leveraging government incentives. In addition, ongoing technological advancements for precision blasting and higher safety standards are further augmenting the market on a global level. Besides, the augmenting demand for metals and minerals is driving industrial explosives adoption in mining, ensuring the market continues growing at a strong pace.

The United States stands out as a key regional market, driven by the increasing energy resources demand, mainly in the form of oil and gas exploration. Notably, On October 22, 2024, S&P Global Ratings reported that U.S. data centers will raise natural gas demand by 3 to 6 billion cubic feet per day by 2030 to support growing energy needs. This demand will primarily impact natural gas fields in Texas and the Southeast, driving midstream energy sector expansion. In addition, the rise in the usage of sophisticated blasting technologies in mining processes for improving the effectiveness of mining processes is stimulating growth in the industry. Also, the increasing number of large-scale infrastructure projects that involve highways and railroads are increasingly fostering the demand. Moreover, ongoing innovations related to environmentally friendly and low-emission explosives through strict safety rules and regulatory compliances. Apart from this, growing investments in military and defense sectors, is further creating a positive outlook for the market.

Industrial Explosives Market Trends:

Increasing Demand for Mining Activities

The industrial explosives market is growing significantly due to the increasing demand for mining activities, especially in minerals such as gold, coal, and precious metals. According to the U.S. Geological Survey's (USGS) Mineral Commodity Summaries 2022, the global production of industrial minerals did not exhibit a uniform increase across all commodities. For instance, the production of certain minerals, such as zirconium mineral concentrates, remained essentially unchanged in 2021 compared to 2020. However, the USGS reported that the value of nonfuel mineral production in the United States increased by USD 3.6 Billion in 2022, reaching a total of USD 105.2 Billion, highlighting a positive growth trend in some sectors. The demand for explosives in mining is closely linked to the extraction of minerals such as gold, coal, and lithium. With global infrastructure development projects in full swing, there is a constant requirement for raw materials, which is fueling the demand for industrial explosives. These explosives are also crucial in cracking rocks and ores in massive extraction operations, including open-pit and underground mines. Moreover, the increasing number of people across the globe has led to massive urbanization, therefore, demand for building material has increased in turn, stimulating mining activities. Notably, there is a significant upsurge of mining activities especially in the regions of Asia-Pacific, where major mining activities can be seen in nations such as China and India. As exploration deepens more complex and distant regions, more advanced and efficient explosives technologies would be required and thus continue sustaining the growth trend in the industrial explosives sector.

Technological Advancements in Explosive Materials

There is a remarkable shift in the industrial explosives market towards technological innovations that increase the efficiency, safety, and environmentally friendly character of explosives for mining and construction work. Traditional explosives have always been the subject of discussion due to concerns related to their safety and the negative environmental effects such as dust and toxic emissions. Advanced emulsions, bulk explosives, and water-based solutions, for instance, have greatly diminished the issues mentioned above. These newer explosive materials are not only much more energetic in terms of yield, which increases the productivity, but also reduce adverse side effects. For instance, some of the newer formulations minimize the release of toxic gases while others are even more stable and safer to handle. The U.S. Army Research Laboratory (ARL) has been involved in developing safer explosive materials to reduce hazards during handling and transportation. For example, ARL researchers have synthesized a new method for producing 2,4-diamino-6-nitropyrimidine (DAG), a key component in explosives. This method is safer and more cost-effective, minimizing potential explosion and combustion hazards during production The environmentally friendly explosives development is especially critical in markets where environmental regulations are very strict and force companies to adopt these new technologies. As demand for cleaner, safer, and more effective explosive solutions increases, technological advancements will remain one of the core trends shaping the market.

Expansion in Emerging Economies

The industrial explosives market is showing major growth in developing economies owing to their growth and increasing pace in industrialization, urbanization, and infrastructure development works. Developing geographies of the Asia-Pacific region, Africa, and Latin America show high and brisk economic development activity, hence rapidly boosting the trend of construction mining and quarrying. In 2023, the World Bank reported that countries such as India and China are expanding their mining and infrastructure development projects, which directly impacts the demand for industrial explosives. China, as the world's largest coal producer, is a significant consumer of industrial explosives. However, the International Energy Agency (IEA) has projected a decline in China's thermal non-power coal demand through the end of 2027, which may influence the demand for explosives in coal mining. Furthermore, in Africa and Latin America, countries are building infrastructure, thus increasing the demand for explosives in the construction and mining industries. These markets often do not have the same strict environmental laws as the developed world, thus allowing for traditional explosive materials to be used while acclimating to new, more energy-efficient technologies. As these economies continue to grow, the need for industrial explosives grows with it, making emerging markets a major driver of overall market expansion around the world.

Industrial Explosives Industry Segmentation:

Analysis by Type:

High Explosives
Blasting Agents
- Ammonium Nitrate Fuel Oil (ANFO)
- Water Gel Explosives
- Emulsions
- Nitrogen Explosives
- Others

Blasting agents lead the market in 2024. This dominance can be attributed to its extensive usage in mining, quarrying, as well as in construction. Their high safety margin compared to primary explosives makes them the preferred choice for large-scale operations. Besides, cost-effectiveness and ease of handling further improve their usage across industries. Additionally, the increasing demand for coal and minerals globally is propelling the use of blasting agents in mining applications. The market dominance is also supported by continuous advancement in formulations to improve efficiency and minimize the environmental impact.

Analysis by End Use Industry:

Mining
- Metal Mining
- Non-metal Mining
- Quarrying
Construction
Others

Mining leads the market in 2024 with a significant share of 70.0%. The dominance is due to the rising demand for minerals, metals, and energy resources across various industries, such as manufacturing and energy. There is increased demand for efficient processes of extraction of minerals and metals during surface and underground mining, which leads to a high penetration of these industrial explosives in industries. Moreover, ongoing advancement in blasting techniques that increase accuracy and reduce waste also helps in increased penetration of these products in markets. In addition, the global shift toward sustainable energy has increased demand for essential minerals, making mining the leading application segment within the industrial explosives market.

Regional Analysis:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

In 2024, Asia Pacific accounted for the largest market share, holding a share of over 43.7%. Rapidly growing mining and construction industries due to the fast-paced urbanization and industrialization in countries such as China, India, and Australia is majorly contributing to the market in the region. The rich mineral resources available in the region and increasing metal demand are contributing to increased explosives demand in the mining sector. Also, growing infrastructure development projects such as roadways, railways, and dams are adding substantial growth to the market. Moreover, favorable policies of the government and investments in the growth of industries further support the uptake of industrial explosives, thereby maintaining Asia Pacific as the market leader.

Key Regional Takeaways:

United States Industrial Explosives Market Analysis

The industrial explosives market in the U.S. is booming with demand from mining, construction, and defense sectors. The U.S. Geological Survey (USGS) estimated ammonia production, a critical component in many explosives, to be 14,000 thousand metric tons in 2023. Ammonia is mainly used in fertilizers, but around 12% of its production is used for various industrial purposes, such as explosives. The U.S. mining industry will continue to lead the list as the largest explosives consumer, in addition to coal, metals, and aggregates material demand. Investments in military operations, infrastructure projects, and construction or demolition of other large-scale infrastructure developments also fuel industrial explosives demand. These front-runners such as Dyno Nobel and Orica are continuously on the path to innovation in newer, safer explosives. Stringent safety regulations as well as rapid technological advancement have been creating constant growth in the U.S. market while further cementing its global supremacy.

Europe Industrial Explosives Market Analysis

Europe's ammunition market is rapidly growing as the continent strategically invests in its production capacity. The European Commission has channeled €513 Million (USD 567.3 Million) through the ASAP Regulation for 31 projects aimed at raising ammunition production and readiness. The money will catalyze another €1.4 Billion (USD 1.5 Billion) from industry co-financing. ASAP is targeting the supply chain bottlenecks which is three-quarters of funding is to go to explosives and powder. The program will add more than 10,000 tons of powder annually and more than 4,300 tons of explosives. By the end of 2025, Europe will be able to produce 2 million units of ammunition shells annually. As of January 2024, the annual production capacity for 155 mm shells in Europe had already surpassed 1 Million units, as per reports. The program also supports the construction of new production capacities, ensuring faster and more responsive ammunition and missile supplies for Europe's defense industry.

Asia Pacific Industrial Explosives Market Analysis

Industrial explosives market in the Asia Pacific region is witnessing growth mainly due to the increased mining activities. This is also evident in the development of Mali coming in partnership with China's Norinco to establish its first civil explosives plant for production towards the mining and quarrying industries. Mali imported USD 5.2 Million explosives and pyrotechnics into the country during the second quarter of 2023 to foster the increased demand from the growing mining industry. With this new plant, Mali is planning to assume complete control over explosives production that shall aid its mining industry that employs industrial explosives for the extraction of valuable minerals, such as gold, manganese, and lithium. The project, under the agreement, will be owned 51% by Mali and 49% by Norinco, with the Chinese firm financing it fully and offering expertise. The plant will be completed within 12 months and promote local employment as well as propel the economy of Mali and the region.

Latin America Industrial Explosives Market Analysis

In Latin America, mining serves as the cornerstone of the industrial explosives market, playing a vital role in the region's economy, with Brazil exemplifying this significance According to an industry report, in 2022, Brazil's mining sector paid approximately USD 1.36 Billion in royalties (CFEM) and around USD 16.72 Billion in total taxes, reflecting the importance of mining to the national economy. The Brazilian mining sector is one of the world's largest producers and uses explosives as a primary extraction tool for its iron ore, gold, and bauxite. Furthermore, the Brazilian Federal Government recently stated that Saudi Arabian mining company Ma'aden was investing USD1.55 Billion into the country to be used on geological mapping, research, and mineral exploitation in the country to further develop its mining resources. Growing the capital expenditure to this industry in terms of investment hints at continued upward trends of the demand for industrial explosives both within Brazil and by the whole of Latin America in the foreseeable future.

Middle East and Africa Industrial Explosives Market Analysis

Significant investment in the mining and industrial explosives industries in the Middle East and Africa, with some of the greatest investment seen in South Africa-a major player in the global mining industry, which is positively affecting the market. Platinum Group Metals topped mining revenue for South Africa in 2023 at 370 billion South African rand (USD 19.61 Billion), demonstrating strength in the country's production of critical minerals. In addition, copper and lithium remain significant, commanding more than 70% of the volume in 2023 as per reports, and these resources have huge demand arising, which cannot be extracted without industrial explosives. The Investing in African Mining Indaba conference, which took place in Cape Town in 2023, discussed mining as a means of Africa's future, with South African President Cyril Ramaphosa pointing out that the continent has huge potential for energy transition. This increased attention towards mineral resources coupled with global increases in the consumption of PGMs, copper, and lithium is going to further increase demand for industrial explosives in the region.

Competitive Landscape:

The competitive landscape of the market is characterized by the presence of numerous established players and emerging firms striving to gain market share. The major companies are focusing on developing innovative and sustainable products, such as low-emission and environmentally friendly explosives, to meet stringent safety and environmental regulations. Moreover, strategic partnerships, mergers, and acquisitions are prominent as firms aim to expand their geographical reach and enhance their technological capabilities. Additionally, investments in research and development to improve blasting efficiency and safety standards are intensifying competition, driving the market's dynamic growth.

The report provides a comprehensive analysis of the competitive landscape in the industrial explosives market with detailed profiles of all major companies, including:

AECI Limited
Austin Powder Company
EPC Groupe
Incitec Pivot limited
Irish Industrial Explosives Limited
Keltech Energies Ltd.
NOF Corporation
Orica Limited
Sigdo Koppers S.A.
Solar Industries India Limited

Key Questions Answered in This Report

1.How big is the industrial explosives market?
2.What is the future outlook of the industrial explosives market?
3.What are the key factors driving the industrial explosives market?
4.Which region accounts for the largest industrial explosives market share?
5.Which are the leading companies in the global industrial explosives market?

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Industrial Explosives Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type

6.1 High Explosives
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Blasting Agents
- 6.2.1 Market Trends
- 6.2.2 Key Segments
  - 6.2.2.1 Ammonium Nitrate Fuel Oil (ANFO)
  - 6.2.2.2 Water Gel Explosives
  - 6.2.2.3 Emulsions
  - 6.2.2.4 Nitrogen Explosives
  - 6.2.2.5 Others
- 6.2.3 Market Forecast

7 Market Breakup by End Use Industry

7.1 Mining
- 7.1.1 Market Trends
- 7.1.2 Key Segments
  - 7.1.2.1 Metal Mining
  - 7.1.2.2 Non-metal Mining
  - 7.1.2.3 Quarrying
- 7.1.3 Market Forecast
7.2 Construction
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast

8 Market Breakup by Region

8.1 North America
- 8.1.1 United States
  - 8.1.1.1 Market Trends
  - 8.1.1.2 Market Forecast
- 8.1.2 Canada
  - 8.1.2.1 Market Trends
  - 8.1.2.2 Market Forecast
8.2 Asia-Pacific
- 8.2.1 China
  - 8.2.1.1 Market Trends
  - 8.2.1.2 Market Forecast
- 8.2.2 Japan
  - 8.2.2.1 Market Trends
  - 8.2.2.2 Market Forecast
- 8.2.3 India
  - 8.2.3.1 Market Trends
  - 8.2.3.2 Market Forecast
- 8.2.4 South Korea
  - 8.2.4.1 Market Trends
  - 8.2.4.2 Market Forecast
- 8.2.5 Australia
  - 8.2.5.1 Market Trends
  - 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
  - 8.2.6.1 Market Trends
  - 8.2.6.2 Market Forecast
- 8.2.7 Others
  - 8.2.7.1 Market Trends
  - 8.2.7.2 Market Forecast
8.3 Europe
- 8.3.1 Germany
  - 8.3.1.1 Market Trends
  - 8.3.1.2 Market Forecast
- 8.3.2 France
  - 8.3.2.1 Market Trends
  - 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
  - 8.3.3.1 Market Trends
  - 8.3.3.2 Market Forecast
- 8.3.4 Italy
  - 8.3.4.1 Market Trends
  - 8.3.4.2 Market Forecast
- 8.3.5 Spain
  - 8.3.5.1 Market Trends
  - 8.3.5.2 Market Forecast
- 8.3.6 Russia
  - 8.3.6.1 Market Trends
  - 8.3.6.2 Market Forecast
- 8.3.7 Others
  - 8.3.7.1 Market Trends
  - 8.3.7.2 Market Forecast
8.4 Latin America
- 8.4.1 Brazil
  - 8.4.1.1 Market Trends
  - 8.4.1.2 Market Forecast
- 8.4.2 Mexico
  - 8.4.2.1 Market Trends
  - 8.4.2.2 Market Forecast
- 8.4.3 Others
  - 8.4.3.1 Market Trends
  - 8.4.3.2 Market Forecast
8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast

9 SWOT Analysis

9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
- 13.3.1 AECI Limited
  - 13.3.1.1 Company Overview
  - 13.3.1.2 Product Portfolio
- 13.3.2 Austin Powder Company
  - 13.3.2.1 Company Overview
  - 13.3.2.2 Product Portfolio
- 13.3.3 EPC Groupe
  - 13.3.3.1 Company Overview
  - 13.3.3.2 Product Portfolio
- 13.3.4 Incitec Pivot limited
  - 13.3.4.1 Company Overview
  - 13.3.4.2 Product Portfolio
  - 13.3.4.3 Financials
  - 13.3.4.4 SWOT Analysis
- 13.3.5 Irish Industrial Explosives Limited
  - 13.3.5.1 Company Overview
  - 13.3.5.2 Product Portfolio
- 13.3.6 Keltech Energies Ltd.
  - 13.3.6.1 Company Overview
  - 13.3.6.2 Product Portfolio
  - 13.3.6.3 Financials
- 13.3.7 NOF Corporation
  - 13.3.7.1 Company Overview
  - 13.3.7.2 Product Portfolio
  - 13.3.7.3 Financials
  - 13.3.7.4 SWOT Analysis
- 13.3.8 Orica Limited
  - 13.3.8.1 Company Overview
  - 13.3.8.2 Product Portfolio
  - 13.3.8.3 Financials
  - 13.3.8.4 SWOT Analysis
- 13.3.9 Sigdo Koppers S.A.
  - 13.3.9.1 Company Overview
  - 13.3.9.2 Product Portfolio
  - 13.3.9.3 Financials
- 13.3.10 Solar Industries India Limited
  - 13.3.10.1 Company Overview
  - 13.3.10.2 Product Portfolio
  - 13.3.10.3 Financials

産業用爆薬の市場規模、シェア、動向、予測：タイプ別、最終用途産業別、地域別、2025～2033年

Industrial Explosives Market Size, Share, Trends and Forecast by Type, End Use Industry, and Region, 2025-2033

産業用爆薬市場動向

目次

第1章 序文

第2章 調査範囲と調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

第5章 世界の産業用爆薬市場

第6章 市場内訳：タイプ別

第7章 市場内訳：最終用途産業別

第8章 市場内訳：地域別

第9章 SWOT分析

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

第12章 価格分析

第13章 競合情勢