Industry Analysis & Industry Trends
In the five years to 2014, the Explosives Manufacturing industry experienced tepid growth. Although domestic coal production has risen over the past five years, demand from the Coal Mining industry (IBISWorld report 21211) has been volatile, which has adversely affected industry revenue. Fortunately for domestic explosives manufacturers, exports to emerging and newly industrialized countries like Mexico and China have provided a cushion against softening domestic demand. In the next five years, stronger demand from metal mining and lower input prices will drive growth and offset volatility in demand from coal mining. Revenue derived from domestic coal mining is forecast to slow, in light of increasing environmental concerns over the use of fossil fuels... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Industry value-added, which represents the industry's contribution to the US economy, is forecast to increase at an annualized rate of 3.0% over the 10 years to 2019. Over the same period, US GDP is expected to grow an average of 2.5% per year. An IVA growth rate that is similar to GDP typically denotes a mature industry. Supporting this claim, the Explosives Manufacturing industry's product and market segments are steady and well-defined. The industry also exhibits moderate technological change and limited entrance, further indicating a mature industry status.
The Explosives Manufacturing industry is characterized by a small and steady number of operators... purchase to read more