Pune, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Detonator Market report analysis benefits to shape the competition within the businesses and policies for the competitive environment to improve the possible revenue. The report evaluates key opportunities in the market and plans the factors that are and will drive the progress of the industry. Taking into account earlier growing patterns, growth drivers, and existing and upcoming trends, we also estimate the overall development of the global Detonator market during the forecast period.
In short, the Detonator market report is helpful for industry players, investors, consultants, business strategists, researchers, and all those who is having any kind of interest or are planning to venture into the Detonator market in any way.
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Due to the COVID-19 pandemic, the global Detonator market size is estimated to be worth US$ 775.2 million in 2022 and is forecast to a readjusted size of US$ 712.4 million by 2028 with a CAGR of -1.4% during the forecast period 2022-2028.
Detonator Market Segmentation: -
Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.
Segment by Type
- Industrial Electric Detonators
- Shock Tube Detonators
- Others
Segment by Application
- Coal Mines
- Metal Mines
- Non-metal Mines
- Railway or Road
- Hydraulic & Hydropower
- Others
In terms of product, Shock Tube Detonators is the largest segment, with a share of over 50%. And in terms of application, the largest application is Coal Mines, followed by Metal Mines.
Market segment by Region/Country including: -
- North America (United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
- South America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
EMEA is the largest market, with a share over 40%, followed by USA and China, both have a share over 40% percent.
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Key Players in the Detonator Market: -
- Yunnan Civil Explosive
- Orica
- CNIGC
- Dyno Nobel/IPL
- MAXAM
- Huhua
- Nanling Civil Explosive
- Poly Permanent Union Holding
- Sichuan Yahua
- Leiming Kehua
- IDEAL
- Gezhouba Explosive
- Sasol
- AEL
- ENAEX
- EPC e
- BME Mining
- NOF
- AUSTIN
Global Detonator key players include Yunnan Civil Explosive, Orica, CNIGC, Dyno Nobel/IPL, MAXAM, etc. Global top five manufacturers hold a share over 30%.
Key Benefits of Detonator Market Research Report:
- Types, applications, regions, and key players covered in the study
- Industry drivers, restraints, and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Detonator Market
- Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report
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Main Points from TOC:
1 Detonator Market Overview
2 Market Competition by Manufacturers
3 Production by Region
4 Global Detonator Consumption by Region
5 Segment by Type
6 Segment by Application
7 Key Companies Profiled
8 Detonator Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
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