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 decline at an annualized rate of 1.7% over the 10 years to 2020. Over the same period, US GDP is expected to grow an average of 2.2% per year. A lower IVA growth rate typically indicates a declining industry; however, the industry's IVA slowdown is better attributed to consistently lower demand from the industry's principal market, coal mining and production.
The Explosives Manufacturing industry is in the mature stage of its life cycle, characterized by steady consolidation activity and well-defined products and markets segments. The industry also exhibits moderate technological change and limited entrance... purchase to read more