Explosives Market Analysis By Product, Application & Pyrotechnics - Expected to Reach $31 Billion by 2024 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Explosives Market Analysis By Product, By Application and Pyrotechnics Market Analysis By Application And Segment Forecasts, 2013 - 2024" report to their offering.

The global explosives market is expected to reach USD 31.95 billion by 2024. The global explosives and pyrotechnics market is expected to grow significantly over the forecast period on account of increasing use of the product in construction and mining activities.

Rising number of projects for infrastructure development in Asia Pacific is expected to drive the demand for explosives as a blasting agent. Increasing government spending for infrastructure development in Asia Pacific and the Middle East on account of increasing domestic output is expected to play a significant role in amplifying construction activities in these regions.

In 2013, Asia Pacific contributed to approximately 44% of the total global construction spending, an increase of 4% from the previous year. Also, the development of new construction and building projects in Asia is likely to boost market growth. The demand for explosives in the region is expected to be 14.93 million tons by 2024.

Positive outlook towards the mining sector in Chile, and Peru, and owing to government policies to open opportunities for investments by foreign players, to improve the economic conditions, is expected to drive the demand for explosives subsequently. The segment is projected to witness volume growth at a CAGR of 4.9% over the forecast period.

Companies Mentioned:

  • Orica Mining Services
  • Incitec Pivot
  • Sasol 
  • Austin Powder Company
  • ENAEX
  • Maxam Corp.
  • AECI Group
  • ePC Group
  • Alliant Techsystems
  • AEL Mining Services
  • Chemring Group 
  • Titanobel SAS
  • Hanwha Corp.
  • LSB Industries
  • Solar Industries 
  • Zambelli Fireworks
  • Melrose Pyrotechnics
  • Pyro Company Fireworks
  • Angelfire Pyrotechnics 
  • Howard & Sons
  • Skyburst 
  • Entertainment Fire-works 
  • Supreme Fireworks UK
  • Celebration Fireworks
  • Impact Pyro

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Explosives & Pyrotechnics Market Variables, Trends & Scope

4. Explosives: Product Estimates & Trend Analysis

5. Explosives: Application Estimates & Trend Analysis

6. Pyrotechnics: Application Estimates & Trend Analysis

7. Explosives: Regional Estimates & Trend Analysis, by Product and Application

8. Competitive Landscape

9. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/4rdcs4/explosives_market

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
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Related Topics: Explosives

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Explosives