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Valued to be 28.1 Million Metric Tons by 2026, Explosives Slated for Stable Growth Worldwide

·4 min read

SAN FRANCISCO, Sept. 28, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Explosives - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Explosives
Explosives

FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 528
Companies: 75 - Players covered include AEL Mining Services; Austin Powder Company; Chemring Group PLC; Dyno Nobel; Enaex; EPC Groupe; EPC-UK; Hanwha Corp., ; Incitec Pivot Ltd.; MAXAMCorp Holding, S.L.; NOF Corp.; Orica Ltd.; TITANOBEL SAS and Others.
Coverage: All major geographies and key segments
Segments: Segment (Blasting Agents, Other Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Explosives Market to Reach 28.1 Million Metric Tons by 2026
Amid the COVID-19 crisis, the global market for Explosives estimated at 22.4 Million Metric Tons in the year 2020, is projected to reach a revised size of 28.1 Million Metric Tons by 2026, growing at a CAGR of 3.8% over the analysis period. Blasting Agents, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach 24.6 Million Metric Tons by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Segments segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at 6.2 Million Metric Tons in 2021, While China is Forecast to Reach 5.8 Million Metric Tons by 2026
The Explosives market in the U.S. is estimated at 6.2 Million Metric Tons in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 5.8 Million Metric Tons by the year 2026 trailing a CAGR of 6.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. More

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Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.