The Explosive Manufacturing industry has been an indirect beneficiary of Australia's resource commodity boom. Robust demand from the thermal coal market, capacity expansions in mining industries and strong ammonium nitrate (AN) prices have been key growth drivers over the past five years. Responsible for the provision of almost three million tonnes of blasting explosives each year to Australia's mining and quarrying industries, the industry's fortunes are inextricably tied to Australia's resource sector. Thus industry revenue growth is expected to slow as weakening commodity prices and excess supply take a toll on the Mining division.
The industry is comprised of companies that manufacture explosives. The main product grouping is commercial explosives, including ammonium nitrate based explosives. Other products covered include initiating systems, propellants, pyrotechnic products (fireworks and flares) and explosives produced for the use by the military. Industry participants may also produce blasting accessories such as blasting and detonating caps, fuses and cords, and detonators and safety fuses.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.