Explosives & pyrotechnics market to witness strong growth potential by 2025
Category: #business  By Rahul Sankrityayan  Date: 2020-02-12
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Explosives & pyrotechnics market to witness strong growth potential by 2025

DecResearch has recently published a study titled ‘global Explosives & pyrotechnics market research report’. In this report, analysts have provided a detailed evaluation of the global Explosives & pyrotechnics market. The report is inclusive of a completely comprehensive study of the Explosives & pyrotechnics market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.

 

A highly methodical quantitative as well as qualitative analysis of the global Explosives & pyrotechnics market has been covered in the report. The study evaluates the numerous aspect of this industry by studying its historical and forecast data. Also provided in the research report are a porter’s five force model, in tandem with the swot analysis and pestel analysis of the Explosives & pyrotechnics market.

 

The report covers various areas such as Explosives & pyrotechnics market size, segmental analysis, regional growth opportunities, drivers and constraints, major vendors in the market, as well as the competitive landscape.

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The main aim of this report is to present various updates and data pertaining to the Explosives & pyrotechnics market and also to list out the growth opportunities prevalent for the market expansion. A detailed market synopsis as well as an in-depth market definitions and overview of the Explosives & pyrotechnics market have been provided in the report.

 

The abstract section includes the market dynamics – inclusive of the market drivers, restraints, trends, as well as growth opportunities. Details about the pricing analysis as well as value chain analysis are given. The report is also inclusive of the historic figures and estimates pertaining to the growth of this market during the forecast period.

 

Additionally, the report contains information about the anticipated CAGR of the global Explosives & pyrotechnics market over the forecast period. Technological developments and innovations in liquid pouch packaging will boost the global Explosives & pyrotechnics market share during the forecast period.

Orica Mining Services, Incitec Pivot limited, Sasol Limited, Austin Powder Company, ENAEX, MAXAM Corp, AECI Group, EPC Group, Chemring Group, Titanobel SAS, Hanwha Corporation, LSB Industries Inc, Solar Industries India, Zambelli Fireworks, Howard & Sons, Angelfire Pyrotechnics, Pyro Company Fireworks, Melrose Pyrotechnics, Skyburst The Firework Co, Entertainment Fireworks, Inc, Supreme Fireworks UK, Celebration Fireworks, Impact Pyro,

North America and Asia-Pacific are the major regions having maximum growth rate in the explosives and pyrotechnics market. In 2018, Asia Pacific accounted for 35% share in the global explosives and pyrotechnics market.

 

Explosives are majorly used in mining. Growing technological expenditure for enabling effective exploration, sustainable processing of low grade and complex minerals are fueling mining activities. For instance, countries such as Indonesia have stringent government policies to generate up to 50% of power from domestic coal which is resulting in increased mining operations. Such initiatives are expected to positively influence explosives and pyrotechnics market growth over 2019-2025.

 

With major coal producing countries such as China, India, Indonesia and Australia, Asia Pacific is a region that is largely concentered on mining industry. The growth trends recorded by mining industry in Asia Pacific has added impetus to explosives and pyrotechnics market outlook. For instance, National Energy Agency of China has approved 7 major coal mining projects adding up a capacity of 22.5 million tons in 2019. Additional activities in mining sector not only due to the demand for coal but also other valued commodities like iron ore and copper are expected to fuel explosives and pyrotechnics industry trends during the forecast timeline.

The regional segmentation covers:

 

Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

 

North America Region (U.S., Canada, Mexico)

 

South America Region (Argentina, Brazil, Columbia, Rest of South America)

 

Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)

 

The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

 

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Report Highlights

 

– A detailed pricing analysis on the source of the product, application, and regional segments

 

– An in-depth evaluation of the vendor matrix as well as leading companies that would help understand the competition scenario in the global Explosives & pyrotechnics market

 

– Insights about the regulatory as well as investment scenarios of the global Explosives & pyrotechnics market

 

– An analysis of the factors fuelling the market growth as well as their influence on the projection and dynamics of the global Explosives & pyrotechnics market

 

– A detailed roadmap presenting the growth opportunities in the global Explosives & pyrotechnics market alongside the identification of key factors

 

– An exhaustive evaluation of the numerous trends prevailing in the global Explosives & pyrotechnics market that would help identify market developments

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About Author

Rahul Sankrityayan

Rahul Sankrityayan    

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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