Mining Equipment & Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Explosives - Mining ANFO

Overview
Market size
$7,200
global, USD
CAGR
3.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored

Market outlook

2031$8676

What changed

Demand by region

Asia Pacific demand40%
North America demand25%
Latin America demand20%
Europe demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Ammonium Nitrate Feedstock65%
Fuel Oil and Hydrocarbons10%
Manufacturing and Processing Labor10%
Logistics and Specialized Transport10%
Regulatory Compliance and Packaging5%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked