APO RESEARCH · REPORT
Explosive
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Explosive Industry Research Report 2026
Market perspective
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 core explosive manufacturers include Orica, Dyno Nobel etc. The top 1 company hold a share about 20%. Asia Pacific is the largest market, with a share about 50%, followed by North America and Europe with the share about 15% and 13%.
Report Scope
Read the full market overview
This report quantifies the global Explosive market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Explosive.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Explosive Market by Company
Orica
Dyno Nobel
MAXAM
ENAEX
AEL
Yunnan Civil Explosive
Poly Permanent Union Holding Group
Gezhouba Explosive
AUSTIN
NOF Corporation
Sverdlov
BME Mining
EPC Groupe
Sasol
Anhui Jiangnan
Solar Explosives
Nanling Civil Explosive
Famesa
Sichuan Yahua
IDEAL
Explosive Segment by Type
Ammoniun Nitrate Explosive
Anfo Explosive
Bulk Emulsions Explosive
Packaged Emulsions Explosive
Initiation Accesories
Explosive Segment by Application
Coal Mine
Metal Mine
Quarrying
Non-metallic Mine
Construction
Explosive Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Explosive market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Explosive and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Explosive.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Explosive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Explosive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Explosive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Ammoniun Nitrate Explosive
- Anfo Explosive
- Bulk Emulsions Explosive
- Packaged Emulsions Explosive
- Initiation Accesories
Applications
- Coal Mine
- Metal Mine
- Quarrying
- Non-metallic Mine
- Construction
Companies covered
- Orica
- Dyno Nobel
- MAXAM
- ENAEX
- AEL
- Yunnan Civil Explosive
- Poly Permanent Union Holding Group
- Gezhouba Explosive
- AUSTIN
- NOF Corporation
- Sverdlov
- BME Mining
- EPC Groupe
- Sasol
- Anhui Jiangnan
- Solar Explosives
- Nanling Civil Explosive
- Famesa
- Sichuan Yahua
- IDEAL
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Explosive by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Ammoniun Nitrate Explosive
- 2.2.3 Anfo Explosive
- 2.2.4 Bulk Emulsions Explosive
- 2.2.5 Packaged Emulsions Explosive
- 2.2.6 Initiation Accesories
- 2.3 Explosive by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Coal Mine
- 2.3.3 Metal Mine
- 2.3.4 Quarrying
- 2.3.5 Non-metallic Mine
- 2.3.6 Construction
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Explosive Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Explosive Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Explosive Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Explosive Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Explosive Production by Manufacturers (2021-2026)
- 3.2 Global Explosive Production Value by Manufacturers (2021-2026)
- 3.3 Global Explosive Average Price by Manufacturers (2021-2026)
- 3.4 Global Explosive Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Explosive Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Explosive Manufacturers, Product Type & Application
- 3.7 Global Explosive Manufacturers Established Date
- 3.8 Global Explosive Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Orica
- 4.1.1 Orica Explosive Company Information
- 4.1.2 Orica Explosive Business Overview
- 4.1.3 Orica Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Orica Product Portfolio
- 4.1.5 Orica Recent Developments
- 4.2 Dyno Nobel
- 4.2.1 Dyno Nobel Explosive Company Information
- 4.2.2 Dyno Nobel Explosive Business Overview
- 4.2.3 Dyno Nobel Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Dyno Nobel Product Portfolio
- 4.2.5 Dyno Nobel Recent Developments
- 4.3 MAXAM
- 4.3.1 MAXAM Explosive Company Information
- 4.3.2 MAXAM Explosive Business Overview
- 4.3.3 MAXAM Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 MAXAM Product Portfolio
- 4.3.5 MAXAM Recent Developments
- 4.4 ENAEX
- 4.4.1 ENAEX Explosive Company Information
- 4.4.2 ENAEX Explosive Business Overview
- 4.4.3 ENAEX Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 ENAEX Product Portfolio
- 4.4.5 ENAEX Recent Developments
- 4.5 AEL
- 4.5.1 AEL Explosive Company Information
- 4.5.2 AEL Explosive Business Overview
- 4.5.3 AEL Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 AEL Product Portfolio
- 4.5.5 AEL Recent Developments
- 4.6 Yunnan Civil Explosive
- 4.6.1 Yunnan Civil Explosive Explosive Company Information
- 4.6.2 Yunnan Civil Explosive Explosive Business Overview
- 4.6.3 Yunnan Civil Explosive Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Yunnan Civil Explosive Product Portfolio
- 4.6.5 Yunnan Civil Explosive Recent Developments
- 4.7 Poly Permanent Union Holding Group
- 4.7.1 Poly Permanent Union Holding Group Explosive Company Information
- 4.7.2 Poly Permanent Union Holding Group Explosive Business Overview
- 4.7.3 Poly Permanent Union Holding Group Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Poly Permanent Union Holding Group Product Portfolio
- 4.7.5 Poly Permanent Union Holding Group Recent Developments
- 4.8 Gezhouba Explosive
- 4.8.1 Gezhouba Explosive Explosive Company Information
- 4.8.2 Gezhouba Explosive Explosive Business Overview
- 4.8.3 Gezhouba Explosive Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Gezhouba Explosive Product Portfolio
- 4.8.5 Gezhouba Explosive Recent Developments
- 4.9 AUSTIN
- 4.9.1 AUSTIN Explosive Company Information
- 4.9.2 AUSTIN Explosive Business Overview
- 4.9.3 AUSTIN Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 AUSTIN Product Portfolio
- 4.9.5 AUSTIN Recent Developments
- 4.10 NOF Corporation
- 4.10.1 NOF Corporation Explosive Company Information
- 4.10.2 NOF Corporation Explosive Business Overview
- 4.10.3 NOF Corporation Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 NOF Corporation Product Portfolio
- 4.10.5 NOF Corporation Recent Developments
- 4.11 Sverdlov
- 4.11.1 Sverdlov Explosive Company Information
- 4.11.2 Sverdlov Explosive Business Overview
- 4.11.3 Sverdlov Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Sverdlov Product Portfolio
- 4.11.5 Sverdlov Recent Developments
- 4.12 BME Mining
- 4.12.1 BME Mining Explosive Company Information
- 4.12.2 BME Mining Explosive Business Overview
- 4.12.3 BME Mining Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 BME Mining Product Portfolio
- 4.12.5 BME Mining Recent Developments
- 4.13 EPC Groupe
- 4.13.1 EPC Groupe Explosive Company Information
- 4.13.2 EPC Groupe Explosive Business Overview
- 4.13.3 EPC Groupe Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 EPC Groupe Product Portfolio
- 4.13.5 EPC Groupe Recent Developments
- 4.14 Sasol
- 4.14.1 Sasol Explosive Company Information
- 4.14.2 Sasol Explosive Business Overview
- 4.14.3 Sasol Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Sasol Product Portfolio
- 4.14.5 Sasol Recent Developments
- 4.15 Anhui Jiangnan
- 4.15.1 Anhui Jiangnan Explosive Company Information
- 4.15.2 Anhui Jiangnan Explosive Business Overview
- 4.15.3 Anhui Jiangnan Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Anhui Jiangnan Product Portfolio
- 4.15.5 Anhui Jiangnan Recent Developments
- 4.16 Solar Explosives
- 4.16.1 Solar Explosives Explosive Company Information
- 4.16.2 Solar Explosives Explosive Business Overview
- 4.16.3 Solar Explosives Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Solar Explosives Product Portfolio
- 4.16.5 Solar Explosives Recent Developments
- 4.17 Nanling Civil Explosive
- 4.17.1 Nanling Civil Explosive Explosive Company Information
- 4.17.2 Nanling Civil Explosive Explosive Business Overview
- 4.17.3 Nanling Civil Explosive Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Nanling Civil Explosive Product Portfolio
- 4.17.5 Nanling Civil Explosive Recent Developments
- 4.18 Famesa
- 4.18.1 Famesa Explosive Company Information
- 4.18.2 Famesa Explosive Business Overview
- 4.18.3 Famesa Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.18.4 Famesa Product Portfolio
- 4.18.5 Famesa Recent Developments
- 4.19 Sichuan Yahua
- 4.19.1 Sichuan Yahua Explosive Company Information
- 4.19.2 Sichuan Yahua Explosive Business Overview
- 4.19.3 Sichuan Yahua Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.19.4 Sichuan Yahua Product Portfolio
- 4.19.5 Sichuan Yahua Recent Developments
- 4.20 IDEAL
- 4.20.1 IDEAL Explosive Company Information
- 4.20.2 IDEAL Explosive Business Overview
- 4.20.3 IDEAL Explosive Production Capacity, Value and Gross Margin (2021-2026)
- 4.20.4 IDEAL Product Portfolio
- 4.20.5 IDEAL Recent Developments
5 Global Explosive Production by Region
- 5.1 Global Explosive Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Explosive Production by Region: 2021-2032
- 5.2.1 Global Explosive Production by Region: 2021-2026
- 5.2.2 Global Explosive Production Forecast by Region (2027-2032)
- 5.3 Global Explosive Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Explosive Production Value by Region: 2021-2032
- 5.4.1 Global Explosive Production Value by Region: 2021-2026
- 5.4.2 Global Explosive Production Value Forecast by Region (2027-2032)
- 5.5 Global Explosive Market Price Analysis by Region (2021-2026)
- 5.6 Global Explosive Production and Value, YOY Growth
- 5.6.1 North America Explosive Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Explosive Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Explosive Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Explosive Production Value Estimates and Forecasts (2021-2032)
6 Global Explosive Consumption by Region
- 6.1 Global Explosive Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Explosive Consumption by Region (2021-2032)
- 6.2.1 Global Explosive Consumption by Region: 2021-2026
- 6.2.2 Global Explosive Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Explosive Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Explosive Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Explosive Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Explosive Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Explosive Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Explosive Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Explosive Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Explosive Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Explosive Production by Type (2021-2032)
- 7.1.1 Global Explosive Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Explosive Production Market Share by Type (2021-2032)
- 7.2 Global Explosive Production Value by Type (2021-2032)
- 7.2.1 Global Explosive Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Explosive Production Value Market Share by Type (2021-2032)
- 7.3 Global Explosive Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Explosive Production by Application (2021-2032)
- 8.1.1 Global Explosive Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Explosive Production Market Share by Application (2021-2032)
- 8.2 Global Explosive Production Value by Application (2021-2032)
- 8.2.1 Global Explosive Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Explosive Production Value Market Share by Application (2021-2032)
- 8.3 Global Explosive Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Explosive Value Chain Analysis
- 9.1.1 Explosive Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Explosive Production Mode & Process
- 9.2 Explosive Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Explosive Distributors
- 9.2.3 Explosive Customers
10 Global Explosive Analyzing Market Dynamics
- 10.1 Explosive Industry Trends
- 10.2 Explosive Industry Drivers
- 10.3 Explosive Industry Opportunities and Challenges
- 10.4 Explosive Industry Restraints
11 Report Conclusion
12 Disclaimer
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