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

Explosives - Mining Emulsion

Overview
Market size
$14.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$18.7B

What changed

Demand by region

Asia Pacific demand35%
North America demand25%
Latin America demand20%
Europe demand10%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Ammonium Nitrate Feedstock55%
Fuel Phase and Emulsifiers (Oils, Waxes, PIBSA)15%
Manufacturing and Chemical Sensitization12%
Logistics and Specialized Distribution18%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked