APAC and MEA Mining Explosives Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type [Trinitrotoluene (TNT), ANFO, RDX, Pentaerythritol Tetranitrate (PETN), and Others], Application (Quarrying and Non-Metal Mining, Metal Mining, and Coal Mining)
The APAC and MEA mining explosives market size was valued at US$ 14,622.75 million in 2022 and is projected to reach US$ 20,353.54 million by 2030; it is expected to grow at a CAGR of 4.2% from 2023 to 2030.
Market Introduction
Mining explosives are produced with precise technology, high-quality raw materials, and a strong emphasis on safety and are further utilized for the extraction of ore from the earth’s crust. Ammonium nitrate is the main component in the explosive type used in the mining sector. The APAC and MEA mining explosives market is segmented by type, application, and region.
Pentaerythritol Tetranitrate (PETN) is a high-performance explosive widely used in various industries, including mining. Efficient fragmentation of rock formation is essential in mining to maximize ore or mineral recovery and minimize waste. PETN is known for its high explosive power and sensitivity, making it effective for blasting and fragmenting hard rock formation. It generates a rapid release of energy upon detonation, resulting in efficient fragmentation and excavation of mineral deposits during mining operations. PETN can be manufactured in various forms, including granules, prills, and castings, allowing flexibility and customization to meet specific mining requirements.
Further, PETN has favorable safety characteristics compared to some other high explosives. It has a relatively low sensitivity to shock and friction, reducing the risk of accidental detonations during handling, transportation, and storage. The inherent stability of PETN makes it a preferred choice for mining operations where safety is paramount. In addition, PETN is considered to have a lower environmental impact than other explosives. It has a relatively low level of toxic emissions and a reduced carbon footprint during production and use. The mining industry is increasingly focused on sustainable practices and minimizing environmental impact. Due to all these factors, demand for PETN is expected to increase, which would boost the Middle East & Africa and Asia Pacific mining explosives market growth in the coming years.
Key Market Segments
Based on application, the APAC and MEA mining explosives market is segmented into quarrying and non-metal mining, metal mining, and coal mining. In 2022, the coal mining segment held the largest share in APAC and MEA mining explosives market. The coal sector acts as a backbone for many emerging economies. Coal surface mines rely entirely on explosives to uncover mineral deposits. Blasting is considered an essential component for the successful extraction of coal resources from the deposits. A considerable quantity of explosives is deployed in coal mining, propelling the demand for mining explosives.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the APAC and MEA mining explosives market are paid databases (Factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Orica Limited, Al Fajar Al Alamia Co SAOG, Dyno Nobel, China Poly Group Corporation, NOF Corporation, Hanwha Group, Anhui Jiangnan Chemical Co Ltd, Koryo Nobel Explosives, Solar Group, and Omnia Group Company are some of the major players operating in the APAC and MEA mining explosives market.
Reasons to buy report
- Progressive industry trends in the APAC and MEA mining explosives market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the APAC and MEA mining explosives market from 2020 to 2030
- Estimation of the demand for mining explosives in APAC and MEA across various industries
- Recent developments to understand the competitive market scenario and the demand for mining explosives in APAC and MEA.
- Market trends and outlook coupled with factors driving and restraining the growth of the APAC and MEA mining explosives.
- Decision-making process by understanding strategies that underpin commercial interest with regard to APAC and MEA mining explosives market growth
- APAC and MEA mining explosives market size at various nodes of market
- Detailed overview and segmentation of the APAC and MEA mining explosives market as well as its dynamics in the industry
- APAC and MEA mining explosives market size in various regions with promising growth opportunities
APAC and MEA Mining Explosives Market Segmentation
APAC and MEA Mining Explosives Market, by Type
- Trinitrotoluene (TNT)
- ANFO
- RDX
- Pentaerythritol Tetranitrate (PETN)
- Others
APAC and MEA Mining Explosives Market, by Application
- Quarrying and Non-Metal Mining
- Metal Mining
- Coal Mining
APAC and MEA Mining Explosives Market, by Region
Asia Pacific
- Australia
- China
- India
- Indonesia
- Vietnam
- Rest of APAC
Middle East & Africa
- South Africa
- Zimbabwe
- Nigeria
- Saudi Arabia
- UAE
- Rest of MEA
Company Profiles
- Orica Limited
- Al Fajar Al Alamia Co SAOG
- Dyno Nobel
- China Poly Group Corporation
- NOF Corporation
- Hanwha Group
- Anhui Jiangnan Chemical Co Ltd
- Koryo Nobel Explosives
- Solar Group
- Omnia Group Company
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Mining Explosives Market, by Type
1.3.2 Mining Explosives Market, by Application
1.3.3 Mining Explosives Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Mining Explosives Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 End-Use
4.4 Expert Opinion
5. Mining Explosives Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Metals in Manufacturing High-End Products
5.1.2 Increasing Application of ANFO (Ammonium Nitrate Fuel Oil) in Mining Industry
5.2 Market Restraints
5.2.1 Stringent Government Regulations
5.3 Market Opportunities
5.3.1 Rising Exploration Activities of Rare Earth Metals
5.4 Future Trends
5.4.1 Increasing Utilization of Pentaerythritol Tetranitrate (PETN)
5.5 Impact Analysis of Drivers and Restraints
6. Mining Explosives– APAC and MEA Market Analysis
6.1 Mining Explosives Market Overview
6.2 APAC and MEA Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. APAC and MEA Mining Explosives Market Analysis – By Type
7.1 Overview
7.2 Mining Explosives Market, By Type (2022 and 2030)
7.3 Trinitrotoluene (TNT)
7.3.1 Overview
7.3.2 Trinitrotoluene (TNT): Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
7.4 ANFO
7.4.1 Overview
7.4.2 ANFO: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
7.5 RDX
7.5.1 Overview
7.5.2 RDX: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Pentaerythritol Tetranitrate (PETN)
7.6.1 Overview
7.6.2 Pentaerythritol Tetranitrate (PETN): Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
8. APAC and MEA Mining Explosives Market Analysis – By Application
8.1 Overview
8.2 Mining Explosives Market, By Application (2022 and 2030)
8.3 Quarrying and Non-Metal Mining
8.3.1 Overview
8.3.2 Quarrying and Non-Metal Mining: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Metal Mining
8.4.1 Overview
8.4.2 Metal Mining: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Coal Mining
8.5.1 Overview
8.5.2 Coal Mining: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
9. APAC and MEA Mining Explosives Market – Geographic Analysis
9.1 Overview
9.2 Asia Pacific: Mining Explosives Market
9.2.1 Asia Pacific: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.2 Asia Pacific: Mining Explosives Market, by Type
9.2.3 Asia Pacific: Mining Explosives Market, by Application
9.2.4 Asia Pacific: Mining Explosives Market, by Key Country
9.2.4.1 Australia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.1.1 Australia: Mining Explosives Market, by Type
9.2.4.1.2 Australia: Mining Explosives Market, by Application
9.2.4.2 China: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.2.1 China: Mining Explosives Market, by Type
9.2.4.2.2 China: Mining Explosives Market, by Application
9.2.4.3 India: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.3.1 India: Mining Explosives Market, by Type
9.2.4.3.2 India: Mining Explosives Market, by Application
9.2.4.4 Indonesia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.4.1 Indonesia: Mining Explosives Market, by Type
9.2.4.4.2 Indonesia: Mining Explosives Market, by Application
9.2.4.5 Vietnam: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.5.1 Vietnam: Mining Explosives Market, by Type
9.2.4.5.2 Vietnam: Mining Explosives Market, by Application
9.2.4.6 Rest of Asia Pacific: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.2.4.6.1 Rest of Asia Pacific: Mining Explosives Market, by Type
9.2.4.6.2 Rest of Asia Pacific: Mining Explosives Market, by Application
9.3 Middle East and Africa: Mining Explosives Market
9.3.1 Middle East and Africa: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.2 Middle East and Africa: Mining Explosives Market, by Type
9.3.3 Middle East and Africa: Mining Explosives Market, by Application
9.3.4 Middle East and Africa: Mining Explosives Market, by Key Country
9.3.4.1 South Africa: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.1.1 South Africa: Mining Explosives Market, by Type
9.3.4.1.2 South Africa: Mining Explosives Market, by Application
9.3.4.2 Zimbabwe: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.2.1 Zimbabwe: Mining Explosives Market, by Type
9.3.4.2.2 Zimbabwe: Mining Explosives Market, by Application
9.3.4.3 Nigeria: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.3.1 Nigeria: Mining Explosives Market, by Type
9.3.4.3.2 Nigeria: Mining Explosives Market, by Application
9.3.4.4 Saudi Arabia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.4.1 Saudi Arabia: Mining Explosives Market, by Type
9.3.4.4.2 Saudi Arabia: Mining Explosives Market, by Application
9.3.4.5 UAE: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.5.1 UAE: Mining Explosives Market, by Type
9.3.4.5.2 UAE: Mining Explosives Market, by Application
9.3.4.6 Rest of MEA: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
9.3.4.6.1 Rest of MEA: Mining Explosives Market, by Type
9.3.4.6.2 Rest of MEA: Mining Explosives Market, by Application
10. Impact of COVID-19 Pandemic on APAC and MEA Mining Explosives Market
10.1 Overview
10.2 Impact of COVID-19 Pandemic on Middle East & Africa and Asia Pacific Mining Explosives Market
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Product launch
11.1 Expansion
11.2 Joint Venture
12. Company Profiles
12.1 Orica Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Al Fajar Al Alamia Co
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Dyno Nobel Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 China Poly Group Corp Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 NOF Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Hanwha Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Sasol Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Koryo Nobel Explosives Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Solar Industries India Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Omnia Holding Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC and MEA Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. APAC and MEA Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. APAC and MEA Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 4. Asia Pacific Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 5. Asia Pacific Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 6. Australia Mining Explosives Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 7. Australia Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 8. China Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. China Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 10. India Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. India Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 12. Indonesia Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 13. Indonesia Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 14. Vietnam Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. Vietnam Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 16. Rest of Asia Pacific Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 17. Rest of Asia Pacific Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 18. Middle East and Africa Mining Explosives Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 19. Middle East and Africa Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 20. South Africa Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 21. South Africa Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 22. Zimbabwe Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 23. Zimbabwe Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 24. Nigeria Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 25. Nigeria Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 26. Saudi Arabia Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 27. Saudi Arabia Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 28. UAE Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 29. UAE Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 30. Rest of MEA Mining Explosives Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 31. Rest of MEA Mining Explosives Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 32. Glossary of Terms, APAC and MEA Mining Explosives Market
LIST OF FIGURES
Figure 1. Mining Explosives Market Segmentation
Figure 2. Mining Explosives Market Segmentation – By Geography
Figure 3. APAC and MEA Mining Explosives Market Overview
Figure 4. APAC and MEA Mining Explosives Market, By Application
Figure 5. APAC and MEA Mining Explosives Market, by Geography
Figure 6. APAC and MEA Mining Explosives Market, Key Market Players
Figure 7. Porter's Five Forces Analysis
Figure 8. Mining Explosives Market – Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC and MEA Mining Explosives Market: Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Mining Explosives Market
Figure 12. APAC and MEA Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Mining Explosives Market: Key Players
Figure 14. Mining Explosives Market Revenue Share, By Type (2022 and 2030)
Figure 15. Trinitrotoluene (TNT): Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 16. ANFO: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 17. RDX: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 18. Pentaerythritol Tetranitrate (PETN): Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 19. Others: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 20. Mining Explosives Market Revenue Share, By Application (2022 and 2030)
Figure 21. Quarrying and Non-Metal Mining: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 22. Metal Mining: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 23. Coal Mining: Mining Explosives Market – Revenue and Forecast To 2030 (US$ Million)
Figure 24. APAC and MEA Mining Explosives Market Revenue Share, by Region (2022 and 2030)
Figure 25. Asia Pacific: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Asia Pacific: Mining Explosives Market Revenue Share, by Type (2022 and 2030)
Figure 27. Asia Pacific: Mining Explosives Market Revenue Share, by Application (2022 and 2030)
Figure 28. Asia Pacific: Mining Explosives Market Revenue Share, by Key Country (2022 and 2030)
Figure 29. Australia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 30. China: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 31. India: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 32. Indonesia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 33. Vietnam: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 34. Rest of Asia Pacific: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 35. Middle East and Africa: Mining Explosives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 36. Middle East and Africa: Mining Explosives Market Revenue Share, by Type (2022 and 2030)
Figure 37. Middle East and Africa: Mining Explosives Market Revenue Share, by Application (2022 and 2030)
Figure 38. Middle East and Africa: Mining Explosives Market Revenue Share, by Key Country (2022 and 2030)
Figure 39. South Africa: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 40. Zimbabwe: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 41. Nigeria: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 42. Saudi Arabia: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 43. UAE: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 44. Rest of MEA: Mining Explosives Market –Revenue and Forecast to 2030 (US$ Million)
Figure 45. Impact of COVID-19 Pandemic on Mining Explosives Market in Asia Pacific
Figure 46. Impact of COVID-19 Pandemic on Mining Explosives Market in Middle East & Africa
- Orica Limited
- Al Fajar Al Alamia Co SAOG
- Dyno Nobel
- China Poly Group Corporation
- NOF Corporation
- Hanwha Group
- Anhui Jiangnan Chemical Co Ltd
- Koryo Nobel Explosives
- Solar Group
- Omnia Group Company
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC and MEA mining explosives market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC and MEA mining explosives market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC and MEA market trends and outlook coupled with the factors driving the mining explosives market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution