Mining Explosive Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2024 January 23
SKU : MM3091
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FAQ’s
What is the Mining Explosive Market growth?
The Mining Explosive Market is growing at a CAGR of 5.9%.
Who are the key players in Mining Explosive Market?
Key players are Enaex S.A., NOF Corp., Solar Explosives, TOD Chemical Industry, Yara International ASA, Orica Limited, MaxamCorp. Holding, S.L., Austin Powder Company, Sasol Limited, and Dyno Nobel Inc. 
What are the major factors driving the mining explosives market?
The key drivers include rising demand for metals and minerals, particularly coal and iron ore, rapid industrialization and urbanization, and expanding construction projects.
Which region holds the largest share in the mining explosives market?
The Asia-Pacific region currently holds the largest share of the market, contributing 32.5% in 2022. This is due to factors like government support for mineral exploration and a booming mining sector in countries like Australia.
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