Product Code: ETC418588 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh Detonator Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 1.87% in 2025, the growth rate steadily ascends to 2.79% in 2029.
By 2027, the Detonator market in Bangladesh is anticipated to reach a growth rate of 2.15%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
With advancements in mining and construction activities, the Detonator Market in Bangladesh is evolving. Detonators are essential components used in explosives for controlled blasting operations in mining, quarrying, and construction projects.
The detonator market in Bangladesh is driven by the growing demand for explosives and blasting agents in construction, mining, quarrying, and demolition activities for infrastructure development and resource extraction. With factors such as urbanization, industrialization, and infrastructure projects driving the demand for raw materials and minerals, detonators play a crucial role in initiating controlled explosions for excavation, rock fragmentation, and material processing. Factors such as regulatory approvals, safety standards, and project investments contribute to the growth of this market.
Challenges in the detonator market of Bangladesh include regulatory constraints, safety concerns, and supply chain disruptions. Ensuring compliance with explosives regulations and safety standards poses challenges for market players. Additionally, supply shortages and geopolitical factors may impact detonator availability and pricing.
Recognizing the critical role of detonators in various industries, including mining, construction, and defense, the government of Bangladesh is formulating policies to regulate the detonator market. These policies aim to establish standards for detonator manufacturing, storage, transportation, and use to ensure safety, security, and compliance with explosives regulations. By promoting licensing and certification requirements for detonator manufacturers and users, these policies seek to prevent accidents, unauthorized use, and illicit trafficking of explosive materials while supporting legitimate industrial activities that rely on detonation technology in Bangladesh.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Detonator Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Detonator Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Detonator Market - Industry Life Cycle |
3.4 Bangladesh Detonator Market - Porter's Five Forces |
3.5 Bangladesh Detonator Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Detonator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Detonator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in infrastructure development projects in Bangladesh leading to increased demand for detonators |
4.2.2 Rising investments in mining and quarrying activities in the country |
4.2.3 Government regulations mandating the use of detonators for safety and compliance purposes |
4.3 Market Restraints |
4.3.1 Stringent regulatory approvals and compliance requirements for manufacturing and distribution of detonators |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Safety concerns and risks associated with the use of detonators leading to cautious adoption |
5 Bangladesh Detonator Market Trends |
6 Bangladesh Detonator Market, By Types |
6.1 Bangladesh Detonator Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Detonator Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Bangladesh Detonator Market Revenues & Volume, By Industrial electric detonators, 2021-2031F |
6.1.4 Bangladesh Detonator Market Revenues & Volume, By Shock Tube Detonators, 2021-2031F |
6.2 Bangladesh Detonator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Detonator Market Revenues & Volume, By Coal Mines, 2021-2031F |
6.2.3 Bangladesh Detonator Market Revenues & Volume, By Metal Mines, 2021-2031F |
6.2.4 Bangladesh Detonator Market Revenues & Volume, By Non-metal Mines, 2021-2031F |
6.2.5 Bangladesh Detonator Market Revenues & Volume, By Railway/road, 2021-2031F |
6.2.6 Bangladesh Detonator Market Revenues & Volume, By Hydraulic & Hydropower, 2021-2031F |
7 Bangladesh Detonator Market Import-Export Trade Statistics |
7.1 Bangladesh Detonator Market Export to Major Countries |
7.2 Bangladesh Detonator Market Imports from Major Countries |
8 Bangladesh Detonator Market Key Performance Indicators |
8.1 Number of infrastructure projects in Bangladesh using detonators |
8.2 Growth rate of mining and quarrying sector in the country |
8.3 Compliance rate with government regulations for detonator usage |
9 Bangladesh Detonator Market - Opportunity Assessment |
9.1 Bangladesh Detonator Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Detonator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Detonator Market - Competitive Landscape |
10.1 Bangladesh Detonator Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Detonator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |