India Industrial Explosives Market (2025-2031) Outlook | Revenue, Growth, Value, Size, Analysis, Companies, Share, Industry, Forecast & Trends

Market Forecast By Type (High Explosives, Blasting Agents), By End-use Industry (Metal Mining, Non-Metal Mining, Quarrying, Construction, Others) And Competitive Landscape
Product Code: ETC236184 Publication Date: Aug 2023 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Industrial Explosives Market Competition 2023

India Industrial Explosives market currently, in 2023, has witnessed an HHI of 3074, Which has decreased moderately as compared to the HHI of 4091 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 India Industrial Explosives Market Competition 2023

India Export Potential Assessment For Industrial Explosives Market (Values in USD Thousand)


India Export Potential Assessment For Industrial Explosives Market (Values in USD Thousand)

India Industrial Explosives Market Overview

The industrial explosives market in India serves as a critical component of the country`s infrastructure and mining sectors. Explosives are essential for activities such as mining, construction, and infrastructure development. As India continues its path of urbanization and industrial growth, the demand for industrial explosives remains substantial. These explosives are crucial for various projects, including the construction of roads, bridges, and tunnels, and are vital to the nation`s economic development and modernization.

Drivers of the Market

The industrial explosives market in India is primarily driven by the country`s growing infrastructure and mining sectors. Rapid urbanization, construction projects, and the need for raw materials like coal and minerals stimulate the demand for explosives in excavation and blasting operations. Additionally, a surge in defense and military applications further fuels the market.

Challenges of the Market

The India industrial explosives market faces challenges related to safety, security, and regulatory compliance. Industrial explosives are used in various industries, including mining and construction, where safety and security are paramount. Ensuring proper handling, storage, and transportation of explosives is essential but can be logistically complex and costly. Regulatory compliance and permits for the use of explosives involve strict oversight, which can create administrative challenges for businesses. Safety incidents or security breaches can have severe consequences, making risk management a critical concern for the industry.

COVID-19 Impact on the Market

The industrial explosives market faced challenges as disruptions in construction and mining activities affected demand. Safety concerns and supply chain issues further impacted the market.

Key Players in the Market

In the India Industrial Explosives Market, significant players such as Solar Industries India Limited, Orica Limited, Premier Explosives Limited, and Gulf Oil Corporation Limited are instrumental in manufacturing and supplying explosives for mining, construction, and defense applications. Their products play a vital role in supporting various industries across India.

Key Highlights of the Report:

  • India Industrial Explosives Market Outlook
  • Market Size of India Industrial Explosives Market, 2024
  • Forecast of India Industrial Explosives Market, 2031
  • Historical Data and Forecast of India Industrial Explosives Revenues & Volume for the Period 2021-2031
  • India Industrial Explosives Market Trend Evolution
  • India Industrial Explosives Market Drivers and Challenges
  • India Industrial Explosives Price Trends
  • India Industrial Explosives Porter's Five Forces
  • India Industrial Explosives Industry Life Cycle
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By High Explosives for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Blasting Agents for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By End-use Industry for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Metal Mining for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Non-Metal Mining for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Quarrying for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Industrial Explosives Market Revenues & Volume By Others for the Period 2021-2031
  • India Industrial Explosives Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-use Industry
  • India Industrial Explosives Top Companies Market Share
  • India Industrial Explosives Competitive Benchmarking By Technical and Operational Parameters
  • India Industrial Explosives Company Profiles
  • India Industrial Explosives Key Strategic Recommendations
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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 India Industrial Explosives Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Industrial Explosives Market Revenues & Volume, 2021 & 2031F

3.3 India Industrial Explosives Market - Industry Life Cycle

3.4 India Industrial Explosives Market - Porter's Five Forces

3.5 India Industrial Explosives Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Industrial Explosives Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 India Industrial Explosives Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Industrial Explosives Market Trends

6 India Industrial Explosives Market, By Types

6.1 India Industrial Explosives Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Industrial Explosives Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Industrial Explosives Market Revenues & Volume, By High Explosives, 2021-2031F

6.1.4 India Industrial Explosives Market Revenues & Volume, By Blasting Agents, 2021-2031F

6.2 India Industrial Explosives Market, By End-use Industry

6.2.1 Overview and Analysis

6.2.2 India Industrial Explosives Market Revenues & Volume, By Metal Mining, 2021-2031F

6.2.3 India Industrial Explosives Market Revenues & Volume, By Non-Metal Mining, 2021-2031F

6.2.4 India Industrial Explosives Market Revenues & Volume, By Quarrying, 2021-2031F

6.2.5 India Industrial Explosives Market Revenues & Volume, By Construction, 2021-2031F

6.2.6 India Industrial Explosives Market Revenues & Volume, By Others, 2021-2031F

7 India Industrial Explosives Market Import-Export Trade Statistics

7.1 India Industrial Explosives Market Export to Major Countries

7.2 India Industrial Explosives Market Imports from Major Countries

8 India Industrial Explosives Market Key Performance Indicators

9 India Industrial Explosives Market - Opportunity Assessment

9.1 India Industrial Explosives Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Industrial Explosives Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 India Industrial Explosives Market - Competitive Landscape

10.1 India Industrial Explosives Market Revenue Share, By Companies, 2024

10.2 India Industrial Explosives Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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