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 Locations Chapter
Because the mining sector is the largest market for this industry, explosives manufacturers are mostly concentrated near coal mines and other metal and mineral mining activities. In addition, establishments tend to be located in border regions near Mexico and Canada, the industry's top export and import countries. The following discusses the regional breakdown of industry establishments.
Accounting for about 37.8% of explosives manufacturing establishments in 2014, the Southeast region of the United States houses the largest concentration of industry activity. This is not surprising given that over one-third of all US coal is mined and produced here. Within this region, Florida is the dominant state, accounting for 7.5% of industry establishments... purchase to read more