Chemicals, Fuels & Wood Products · Direct
Monitoring · monthlyProcurement Category Intelligence
Explosives
Overview
Market size
$36.0B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-2.3
supplier-favoured
Suppliers
4
tracked players
Signals
12
3 high severity
Market outlook
2031$44.9B
What changed
Demand by region
Asia Pacific demand42%
North America demand24%
Europe demand15%
Latin America demand12%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Ammonium nitrate feedstock55%
Organic fuel liquids and hydrocarbons15%
Labor and manufacturing operations12%
Regulatory compliance and safety handling10%
Logistics and specialized transport8%
share of delivered cost (analyst estimate)