Industrial Explosives Market, By Type (High Explosives and Blasting Agents), By End-use industry (Metal Mining, on-Metal Mining, Quarrying, Construction, and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI2966

Pages :130

Formats :

Excel and PDF

Industry : Industrial Automation and Machinery

Market News

Global Industrial Explosives Market: Key Developments

In October, 2022, Orica Limited, A leading explosives manufacturing company has made an announcement regarding its acquisition of Axis Mining Technology a global supplier of advanced drill-hole navigation and measurement technologies. This strategic acquisition is expected to unlock new avenues for growth within the mining value chain for the company.

In April 2022, Enaex S.A., a prominent player in the explosives industry, has effectively conducted trials on remote, robotic, and autonomous loading of explosives as a solution to address mining challenges in deep and intricate terrains.

In May 2021, Austin Powder has taken its explosives production to new heights by upgrading its HMX plant in Rafaela. This modernization has enabled Austin Powder to manufacture a cutting-edge "Class 5" granulometry product, specifically micronized, which is crucial for the production of shock tubes. The development of Class 5 HMX took place at the Rafaela Plant in collaboration with a customer and competitor from the explosives industry.

In June 2021,Chemring Group PLC had completed the acquisition of Cubica Technology Limited and Q6 Holdings Limited. This strategic move is anticipated to generate additional prospects for Chemring Group PLC to strengthen and expedite its Roke business.