Market Overview:
An explosive can be anything solid or liquid or mixture of materials which with the help of external stimulus forms or releases number of gasses generating high pressures. The explosives are broadly classified into three categories packaged explosives, bulk explosives and initiating systems. Packaged explosives have vast applications in different industries like mining, at construction sites, road building, infrastructure development, seismic exploration and others. Packaged explosives are in form of cartridges with different sizes as per the requirements.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Orica Limited, (Australia), Dyno Nobel (United States), AEL Mining Services Ltd. (South Africa), Austin Powder Company (United States), EPC Group (France), Hanwha Corporation (South Korea), LSB Industries (United States), NOF Corp (Japan), Sasol Limited (South Africa) and Solar Industries India Ltd. (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Packaged Explosive Market Study:
Orica Limited, (Australia), Dyno Nobel (United States), AEL Mining Services Ltd. (South Africa), Austin Powder Company (United States), EPC Group (France), Hanwha Corporation (South Korea), LSB Industries (United States), NOF Corp (Japan), Sasol Limited (South Africa) and Solar Industries India Ltd. (India)
Packaged Explosive Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Coal, Road construction, Metal mining, Cement, Steel and Others |
Type | Traditional Dynamite, Packaged emulsions & water gel and Packaged ANFO |
Distribution channel | Direct sales,Indirect sales |
Packaged Explosive Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Investments in the Infrastructure Segment
- Downstream Users for the Packaged Explosives are Key Industries Responsible for Economy Developments
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Influencing Trends | - Technological Developments
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Restraints | - Excessive Dependent on the Downstream Industries
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Road Blocks / Challenges | - Stiff Competition Among the Major Players
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Gaps & Opportunities | - Increasing Investments in Défense Sector
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. The Global Packaged Explosive market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
As per the Government of Canada, "Tolerances for charge weights for the various sizes of packaged products may be set by the company, The labeling and markings on packages must conform to the requirements of the Explosives Regulations, Packaging must comply with the requirements of the Explosives Regulations, etc.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Packaged Explosive market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Packaged Explosive market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw material suppliers, Government associations, Research organizations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.