Emulsion Explosive Market

2019 Analysis and Review of Emulsion Explosive Market by Product - Bulk Emulsion, Cartridge Emulsion, and Recycled Oil Emulsion for 2019 - 2029

  • 2020-01-09
  • REP-GB-10876
  • 41 Tables
  • 134 Figures
  • 247 pages
  • Format: PDF/PPT/Excel

  • US$5,000
  • US$7,500
  • US$10,000

Market Set to Grow 1.5X Through 2029

Danger and safety hazards stand amongst the most significant concerns in the mining industry, as reflected in its ongoing journey to improve health and safety conditions of underground workers. Use of emulsion explosives has been one step in this journey in parallel with increasing mineral extraction activities and large-scale surface mining and excavation. Over the years, the requirements for explosives have been rapidly changing. Higher performance and improved safety are the overriding objectives demonstrated by greater use of emulsion explosives. Future Market Insights recently published a detailed study, and it estimates the emulsion explosives market to attain a valuation of US$ 2.4 Bn in 2020.


What was the global market value of emulsion explosives in the year 2018?

The total sales in the global emulsion explosive market were US$ 2 Bn in 2018 owing to the rapid rise in the infrastructural activities along with economic growth and increasing preference for industrial explosives in mining and construction activities.

Which are the factors contributing to the increase in sales of emulsion explosive?

Governments of the developing economies are targeting on tapping rich mineral resources through mining and quarrying along with governments’ stringent regulations on using and storing industrial explosives are predominantly affecting the market growth.

Which application is expected to drive the growth of emulsion explosive market?

The mining industry is expected to grow at a healthy rate over the forecast period due to the exploration of new mines and increasing mining activities in various regions. Underground mining accounts for a significant share in the consumption of emulsion explosives.

How is the growing demand for bulk emulsion catapulting the need for emulsion explosives?

In underground mining application, bulk emulsion systems are rapidly opening avenues by replacing the packaged explosives due to additional benefits it offers in underground operations. Owing to this, growing demand for bulk emulsion is augmenting the emulsion explosive market sales.

Which factor is impacting the growth of North American market for emulsion explosives?

North America is projected to dominate the global emulsion explosive market due to the growing adoption of conventional sources of electricity such as hydroelectric power plants. Increasing construction of hydroelectric power plants requires the use of explosives to blast the rocks in the surroundings of water resource which is driving the growth of North America’s emulsion explosive market growth.

Bulk Emulsion Explosives Capture 3/5th of Revenue Share

Bulk emulsion explosives continue to account for major share of manufacturers’ bottom lines, attributing to relatively high performance, large power, bump resistance, and small colloid viscosity gradient coefficient. Moreover, bulk emulsion explosives are rapidly replacing packaged explosives, due to additional benefits over the latter in underground mining and in optimization of drilling blasting, and downstream operations. Recycled oil emulsion explosives, on the other hand, are expected to witness slower adoption, as the use of recycled oil in an emulsion formulation can cause increased viscosity and emulsion destabilization, leading to handling problems.

Latin America Emerges as the Most Promising Market

North America continues to remain at the forefront of the global emulsion explosives market. However, manufacturers are setting their eyes on opportunities in Latin America’s market, which is set to maintain the highest growth rates over the next decade. Strong presence of the world’s largest reserves of copper, lithium, silver, and other precious metals in Latin America is attracting huge investments from international mining firms. The result is expected to lead to increased demand for emulsion explosives. Emergence of Latin America as the important destination for development and manufacturing of mining equipment is further resulting in realignment of manufacturers’ strategies.

Advanced Technologies Set to Align with ‘Sustainable Mining’ Trends

As a consequence of growing stringency of environmental regulations, mining companies are constantly looking for ways to improve their own sustainable working practices. Considering the impact of exponentially increasing number of mines choosing to blast rock with emulsion explosives on the environment, various companies are targeted towards leveraging new technologies to achieve their sustainable goals. This factor played an important role in Normet’s - underground mining and tunneling company - decision to introduce a groundbreaking battery-based charging process for emulsion explosives. Innovations have also been forthcoming for non-toxic, hydrogen peroxide-based emulsion explosives which could present safer and eco-friendlier alternatives.

Bulk emission explosives remain highly preferred

High demand for cartridge emission explosives


Mining remains top application area

Surging application in blasting hard rock


How Growth will Unfold

In 2019, emulsion explosives worth over US$ 1.7 Bn were used in mining. Adoption in underground mining continues to influence the growth strategies, accounting for nearly 50% of total share, while manufacturers are focusing on capitalizing on other areas of application, such as blasting of hard rock, air blasting, and general blasting. Additionally, growing application in quarrying is expected to result in increased market share, owing to unprecedented rise in number of construction sites for rail and road tunnels, dams for hydroelectric and storage power plants across the globe.

Underground Mining Remains Top Application Area of Emulsion Explosive

* This data is only a representation. Actual data may vary and will be available in report.

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Emulsion Explosives Market Analysis 2019-2029

A recent market study published by FMI on the emulsion explosives market includes the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on previous as well as current growth parameters of the emulsion explosives market, the report provides key dynamics, competition analysis, and regional analysis in a comprehensive manner.

Emulsion Explosive Market Taxonomy

The global emulsion explosives market is segmented to cover every aspect of the market and present complete market intelligence to the reader.


  • Bulk Emulsion
  • Cartridge Emulsion
  • Recycled Oil Emulsion


  • Mining
    • Surface Mining
    • Underground Mining
    • Quarrying
  • Others
    • Hard Rock
    • Air Blasting
    • Colliery
    • Maritime Blasting/Seismic
    • General Blasting
    • Tunneling


  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

What's Included

The report initiates with the executive summary of the emulsion explosives market, which includes a summary of the key findings and statistics, along with demand & supply-side trends pertaining to the emulsion explosives market.

In this chapter, readers can find the definition and a detailed taxonomy of the emulsion explosives market, which will help them understand basic information about the market. Along with this, comprehensive information about emulsion explosives is provided in this section.

This chapter explains key drivers and trends that are expected to influence the growth of the emulsion explosives market during the forecast period. In addition, this section also highlights the relative market position on product life cycle and opportunities. Moreover, in-depth information about the regulations set by different governments for the emulsion explosives market have been provided in the section.

This section explains the global market value chain along with macro-economic factors for the emulsion explosives market in the forecast period of 2019-2029. The optimistic, likely and conservative scenario has been highlighted.

This section explains the global market value and volume analysis for the emulsion explosives market in the forecast period 2019-2029. This chapter includes a detailed analysis of the historical emulsion explosives market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).

The market is segmented into bulk emulsion, cartridge emulsion, and recycled oil emulsion.

The market is segmented into mining and others. Moreover, the mining segment is further sub-segmented into surface mining, underground mining and quarrying, whereas others segment is sub-segmented into hard rock, air blasting, colliery, maritime blasting/seismic, general blasting and tunneling.

This chapter explains how the emulsion explosives market will grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa (MEA).

This chapter includes a detailed analysis of the growth of the North America emulsion explosives market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis and market growth for the region here.

This chapter provides the growth scenario of the emulsion explosives market in Latin American countries such as Chile, Peru, Brazil, Columbia, and Rest of Latin America along with targeted segments.

This chapter provides the growth scenario of the emulsion explosives market in countries such Germany, the UK, France, Spain, Russia, and Rest of Europe.

This chapter provides the growth scenario of the emulsion explosives market in countries such as India, Indonesia, Bangladesh, and Rest of South Asia.

This chapter provides information about how the emulsion explosives market will grow in major countries in the East Asia region, such as China, Japan and South Korea during the forecast period of 2019-2029.

This chapter provides information about how the emulsion explosives market will grow in major countries in the Oceania region such as, Australia and New Zealand during the forecast period of 2019-2029.

This chapter provides information about how the emulsion explosives market will grow in major countries in the Oceania region such as, Africa, Egypt, Nigeria, Saudi Arabia and Rest of Middle East and Africa during the forecast period of 2019-2029.

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the emulsion explosives market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments.

This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the emulsion explosives market.

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the emulsion explosives market report.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Material Suppliers
  • Industry Experts
  • Operators
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Secondary Research

  • Industry Publications
  • Industry Associations
    • International Trade Association
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits emulsion explosive market designations

Primary Interview Splits emulsion explosive market stakeholders

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Client Partner - Global Business Development

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