$3.5bn
$XXX.Xm
8,530
60
$XXX.Xm
Explosive manufacturing is a small yet essential part of the broader chemicals sector. Manufacturers make various types of explosives crucial to the success of the US mining and mineral, oil and gas and construction industries. The industry depends heavily on downstream explosives buyers.
Industry revenue has grown at a CAGR of 0.2 % over the past five years, to reach an estimated $3.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Orica Limited | 431.6 | 48.8 | 11.3 | |
Incitec Pivot Limited | 406.9 | 66.0 | 16.2 | |
Austin Powder Company | 235.4 | 31.5 | 13.4 |
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Industry revenue is measured across several distinct product and services lines, including Blasting agents and oxidizers to mining, Blasting agents and oxidizers to construction and Blasting agents and oxidizers to other. Blasting agents and oxidizers to mining is the largest segment of the Explosives Manufacturing in the US.
Blasting agents and oxidizers for mining is the largest product line
Operators in this industry manufacture explosives, blasting agents and oxidizers. Industry manufacturers may also be involved in the production of blasting accessories such as blasting and detonating caps, fuses and cords as well as computer software to estimate and control blasts for certain safety measures. This industry does not manufacture pyrotechnics, ammunition, ammunition detonators or percussion caps.
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NAICS 32592 - Explosives Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Performance in the mining and construction sectors directly impact explosives sales. Green energy advancements and emissions regulations will threaten coal miners, the indust...
Learn about an industry's products and services, markets and trends in international trade.
The mining sector is the industry's largest market. Coal miners are the largest buyers, but quarrying and metal mining operations also make up significant demand.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Manufacturers concentrate near major markets. The Southeast and Pennsylvania house many coal miners, representing key locations for explosives manufacturers.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Buyers value cost, efficiency and safety. Manufacturers that can effectively minimize risk and liability are more successful.
Learn about the performance of the top companies in the industry.
Major manufacturers operate as global conglomerates. Companies like Orica dominate international markets, including Australia.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Explosives manufacturers face a strict regulatory environment. Various government organizations, like the ATF, Department of Transportation and Homeland Security, oversee asp...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has slumped considerably. High input price volatility has led to increased purchasing costs.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Explosives Manufacturing in the US industry in United States is $3.5bn in 2024.
There are 60 businesses in the Explosives Manufacturing in the US industry in United States, which has grown at a CAGR of 2.5 % between 2019 and 2024.
The market size of the Explosives Manufacturing in the US industry in United States has been growing at a CAGR of 0.2 % between 2019 and 2024.
Over the next five years, the Explosives Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Explosives Manufacturing market in United States are Orica Limited , Incitec Pivot Limited and Austin Powder Company
Manufacturing detonating caps, cords, fuses and primers and Manufacturing blasting accessories (e.g. caps, fuses, igniters and squibs) and powder are part of the Explosives Manufacturing in the US industry.
The company holding the most market share in United States is Orica Limited .
The level of competition is moderate and steady in the Explosives Manufacturing in the US industry in United States.