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Download Free sampleThe global Detonator market was valued at 820.22 Million USD in 2021 and will grow with a CAGR of 1.47% from 2021 to 2027, based on Research newly published report.
The prime objective of Detonator Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Detonator Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A detonator, frequently a blasting cap, is a device used to trigger an explosive device.Worldwide, 1892.6 million units detonator have been produced in the year 2016, while China attributes close to 59.24% of the world production, EMEA close to 22.05%, and Americas 9.36%. As for the consumption, countries which have large output of mines, such as China, USA, and Australia and so on, are the key consumers. China consumed 1103 million units detonator in 2016, contributing 58.28% sales share.
Coal mines accounts for 24.68% of all detonator consumption, compared to 23.40% for metal mines and 15.70 % for non-metal mines. Yunnan Civil Explosive is the largest manufacturer of detonator. The` production volume was 179.7 million units in 2016 with 9.49% share globally. Other players accounted for 7.66%, 6.28% and 4.84% including Orica, CNIGC and AEL.
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Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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