The purpose of the report is to illustrate the state of the market of Industrial Explosives, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Increasing mining & construction events especially in developing regions such as Latin America and Asia Pacific are anticipated to bolster the growth of the global industrial explosives market. Developing countries such as China, India and Indonesia are focusing on commercializing the extraction of rare earth minerals as well as increasing the overall spending on construction and infrastructure. Additionally, the quarrying industry is expected to foresee significant growth rate in the Latin America region due to surging demand for stone and sand from the construction industry. Also, increasing number of infrastructure and housing developments as well as rising demand for the improvement of public transportation services such as roadways and railways is further projected to bring impetus in the overall investment towards road development and tunneling projects. This, in turn, is anticipated to accelerate the demand for industrial explosives in the Latin America and Asia Pacific regions. Furthermore, mining and exploration enterprises are channelizing investments for the extraction of minerals from deeper levels and thus are installing innovative technologies which in turn is driving the demand for emulsions and high explosives. However, growing number of mature mines as well as increasing regulations on the use of toxic explosives are some factors anticipated to impede the market growth.
Some of the major players operating in the global industrial explosives market include Orica Ltd., AEL Mining Services, Enaex S.A., EXSA S.A., Austin Powder Company, MAXAM Corp., Solar Industries India Limited, Hubei Kailong Chemical Group Co., Ltd, Davey Bickford and Dyno Nobel among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Industrial Explosives buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Industrial Explosives contains:
Analysis and forecast of Industrial Explosives market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Industrial Explosives market;
Assessment and forecast of Industrial Explosives market development;
Financial and business profiles of the leading companies in the Industrial Explosives industry.
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– Up to date working Industrial Explosives data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Industrial Explosives for the period 2018 to 2026
– Planned Industrial Explosives additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Industrial Explosives projects by region, key countries, and companies
– Details of major planned Industrial Explosives projects in the world up to 2026
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