Detonator Market 2019-2024
A detonator, frequently a blasting cap, is a device used to trigger an explosive device.
Worldwide, 1892.6 million units detonator have been produced in the year 2016, while China attributes close to 59.24% of the world production, EMEA close to 22.05%, and Americas 9.36%. As for the consumption, countries which have large output of mines, such as China, USA, and Australia and so on, are the key consumers. China consumed 1103 million units detonator in 2016, contributing 58.28% sales share. Coal mines accounts for 24.68% of all detonator consumption, compared to 23.40% for metal mines and 15.70 % for non-metal mines.
Yunnan Civil Explosive is the largest manufacturer of detonator. The company’ production volume was 179.7 million units in 2016 with 9.49% share globally. Other players accounted for 7.66%, 6.28% and 4.84% including Orica, CNIGC and AEL.
According to this study, over the next five years the Detonator market will register a -1.3% CAGR in terms of revenue, the global market size will reach US$ 770 million by 2024, from US$ 830 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Detonator business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Detonator market by product type, application, key manufacturers and key regions and countries.
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This study considers the Detonator value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Electric Detonators
Shock Tube Detonators
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hydraulic & Hydropower
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
Yunnan Civil Explosive
Nanling Civil Explosive
Poly Permanent Union Holding Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Detonator consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of the Detonator market by identifying its various subsegments.
Focuses on the key global Detonator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Detonator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Detonator submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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