Published by Coherent Market Insights
Posted on September 24, 2021
2 min readLast updated: February 2, 2026
The Latin America industrial explosives market is projected to grow at a CAGR of 7.6% from 2020 to 2027, driven by key players and chemical materials like ammonium nitrate.
United States/WA: The Latin America industrial explosives market was valued at US$ 1,050.70Mn in 2019 and is forecast to reach a value of US$ 1,888.38 Mn by 2027 at a CAGR of 7.6% between 2020 and 2027.
Report Pages:[130 Pages]
The Competitive Area of the Latin America industrial explosives Market is Defined by Key Players Like:–MAXAM, AEL Mining Services Ltd., EXSA SA, Enaex, Austin International, Orica Limited, Keltec Energies, Economic Explosives, IBP Co., Noble Explochem, Accurate Energetic Systems, LLC., and Detotec North America Inc.
Industrial Explosives are high hazard blasting explosives primarily used in the mining, quarrying and construction industry. An explosives licence is required to acquire and store industrial explosives for use unless otherwise exempted by the Explosives Act and regulations. The principal distinction between explosives and blasting agents is their sensitivity to initiation. Explosives are cap-sensitive, whereas blasting agents are not and therefore require a primer. Water gels and slurries may be either explosives or blasting agents.
The many industrial and military uses for explosives and blasting agents—ranging from earth moving to seismic wave generation to materials modification to munitions to propulsion—have generated a host of sophisticated and specialized explosives products and delivery packages. However, in terms of overall revenues, markets, and products, the business is overwhelmingly dominated by chemical materials based on the intermediate production of nitric acid (principally ammonium nitrate [AN]) that are used by the world’s mining and quarrying industries.
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The post [PDF] Latin America Industrial Explosives Market Deep Driving Research with Latest Update 2021 appeared first on Gatorledger.
The article analyzes the Latin America industrial explosives market, focusing on growth trends and key players.
Key players include MAXAM, AEL Mining Services Ltd., EXSA SA, and Orica Limited.
The market is expected to reach US$ 1,888.38 Mn by 2027, growing at a CAGR of 7.6%.
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