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 Products Chapter
Explosives are chemical compounds or mixtures that burn or decompose rapidly, generating large amounts of gas, heat and pressure. According to data from the Institute of Makers of Explosives, there are two main product classifications for explosive goods manufactured and sold within the United States: blasting agents and oxidizers and high explosives.
Blasting agents and oxidizers
Blasting agents and oxidizers are materials or mixtures consisting of a fuel and an oxidizer used for blasting, but in which none of the ingredients are classified as an explosive. These products are so insensitive to shock that they cannot be detonated by a blasting cap, but instead require an intermediate booster, typically from a secondary explosive... purchase to read more