Middle East & Africa Mining Explosives Market Forecast to 2030

According to the research team’ research, the Middle East & Africa mining explosives market was valued at US$ 769.06 in 2023 and is expected to reach US$ 1,010.65 million by 2030, registering a CAGR of 4.0% from 2023 to 2030. Growing demand for metals in manufacturing high-end products and increasing utilization of pentaerythritol tetranitrate (PETN) are among the critical factors attributed to the Middle East & Africa mining explosives market expansion.

Manufacturing high-end products require a steady supply of raw materials such as metals and minerals. The higher demand for metals necessitates increased mining activity to extract and produce the required raw materials, ultimately leading to extensive use of mining explosives to access ore deposits, remove overburden, and fragment rocks. In addition, with the growing demand for metals, mining companies increasingly focus on improving safety measures and operational efficiency. This includes advancing mining explosive technologies and formulations that can optimize blasting operations. Mining explosives with better fragmentation capabilities, reduced vibrations, and improved safety features can help increase productivity and minimize environmental impacts.

Automotive, aerospace, medical devices, electronics, defense & military, energy generation, building & construction, luxury goods, and several high-end product manufacturing industries utilize metals. In the automotive industry, luxury, sports, electronic, and other high-end vehicles are manufactured using lightweight yet strong metals such as aluminum, titanium, and high-strength steel. These metals enhance vehicle performance, fuel efficiency, and safety.

Further, the aerospace industry relies heavily on metals for manufacturing aircraft and spacecraft components. Materials such as aluminum, titanium, and nickel alloys are used to construct airframes, engines, landing gear, and other critical parts. These metals possess properties such as high strength-to-weight ratio and heat and corrosion resistance, making them ideal for aerospace applications. The growth of the high-end product manufacturing industries, such as the aerospace and automotive industry, drives the demand for metals and subsequently bolsters the Middle East & Africa mining explosives market.

On the contrary, stringent government regulations hamper the growth Middle East & Africa mining explosives market.

Based on type, the Middle East & Africa mining explosives market is segmented into trinitrotoluene (TNT), ANFO, RDX, pentaerythritol tetranitrate (PETN), and others. The ANFO segment held 84.7% share of the Middle East & Africa mining explosives market in 2023, amassing US$ 651.07 million. It is projected to garner US$ 861.82 million by 2030 to expand at 4.1% CAGR during 2023–2030.

In terms of application, the Middle East & Africa mining explosives market is categorized into quarrying and non-metal mining, metal mining, and coal mining. The metal mining segment held 58.1% share of the Middle East & Africa mining explosives market in 2023, amassing US$ 446.51 million. It is projected to garner US$ 597.59 million by 2030 to expand at 4.3% CAGR during 2023–2030.

Based on country, the Middle East & Africa mining explosives market is categorized into South Africa, Zimbabwe, Nigeria, Saudi Arabia, the UAE, and Rest of Middle East & Africa. The Rest of Middle East & Africa held 48.9% share of Middle East & Africa market in 2023, amassing US$ 376.36 million. It is projected to garner US$ 508.38 million by 2030 to expand at 4.4% CAGR during 2023–2030.

Key players operating in the Middle East & Africa mining explosives market are Orica Limited, Al Fajar Al Alamia Co, Hanwha Group, Solar Industries India Ltd, Omnia Holding Ltd, and Sasol Ltd, among others.

In May 2023, Orica Ltd launched 4D bulk explosives system, an advanced bulk system for underground, surface coal and surface metal mining applications. The product offers a wide energy range to match varying rock properties and mine design requirements.

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Mining Explosives Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 End Use:
5. Middle East & Africa Mining Explosives Market – – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Metals in Manufacturing High-End Products
5.1.2 Increasing Application of ANFO (Ammonium Nitrate Fuel Oil) in Mining Industry
5.2 Market Restraints
5.2.1 Stringent Government Regulations
5.3 Market Opportunities
5.3.1 Rising Exploration Activities of Rare Earth Metals
5.4 Future Trends
5.4.1 Increasing Utilization of Pentaerythritol Tetranitrate (PETN)
5.5 Impact Analysis
6. Mining Explosives Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Mining Explosives Market Revenue (US$ Million)
6.2 Middle East & Africa Mining Explosives Market Forecast and Analysis
7. Middle East & Africa Mining Explosives Market Analysis – Type
7.1 Trinitrotoluene (TNT)
7.1.1 Overview
7.1.2 Trinitrotoluene (TNT) Market, Revenue and Forecast to 2030 (US$ Million)
7.2 ANFO
7.2.1 Overview
7.2.2 ANFO Market Revenue and Forecast to 2030 (US$ Million)
7.3 RDX
7.3.1 Overview
7.3.2 RDX Market Revenue and Forecast to 2030 (US$ Million)
7.4 Pentaerythritol Tetranitrate (PETN)
7.4.1 Overview
7.4.2 Pentaerythritol Tetranitrate (PETN) Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Mining Explosives Market Analysis – Application
8.1 Quarrying and Non-Metal Mining
8.1.1 Overview
8.1.2 Quarrying and Non-Metal Mining Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Metal Mining
8.2.1 Overview
8.2.2 Metal Mining Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Coal Mining
8.3.1 Overview
8.3.2 Coal Mining Market Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Mining Explosives Market – Country Analysis
9.1 Middle East & Africa: Overview
9.1.1 Middle East & Africa Mining Explosives Market, by Key Country – Revenue (2022) (US$ Million)
9.1.2 Middle East & Africa Mining Explosives Market Revenue and Forecasts and Analysis – By Countries
9.1.2.1 Mining Explosives Market Breakdown by Country
9.1.2.2 South Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.2.1 South Africa Mining Explosives Market Breakdown by Type
9.1.2.2.2 South Africa Mining Explosives Market Breakdown by Application
9.1.2.3 Saudi Arabia Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.3.1 Saudi Arabia Mining Explosives Market Breakdown by Type
9.1.2.3.2 Saudi Arabia Mining Explosives Market Breakdown by Application
9.1.2.4 UAE Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.4.1 UAE Mining Explosives Market Breakdown by Type
9.1.2.4.2 UAE Mining Explosives Market Breakdown by Application
9.1.2.5 Zimbabwe Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.5.1 Zimbabwe Mining Explosives Market Breakdown by Type
9.1.2.5.2 Zimbabwe Mining Explosives Market Breakdown by Application
9.1.2.6 Nigeria Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.6.1 Nigeria Mining Explosives Market Breakdown by Type
9.1.2.6.2 Nigeria Mining Explosives Market Breakdown by Application
9.1.2.7 Rest of Middle East & Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.7.1 Rest of Middle East & Africa Mining Explosives Market Breakdown by Type
9.1.2.7.2 Rest of Middle East & Africa Mining Explosives Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
11. Industry Landscape
11.1 Product launch
11.2 Expansion
11.3 Joint Venture
12. Company Profiles
12.1 Orica Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Al Fajar Al Alamia Co
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Hanwha Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sasol Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Solar Industries India Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Omnia Holding Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix

Table 1. Middle East & Africa Mining Explosives Market Segmentation
Table 2. Middle East & Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. South Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 4. South Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 5. Saudi Arabia Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 6. Saudi Arabia Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 7. UAE Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 8. UAE Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 9. Zimbabwe Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 10. Zimbabwe Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 11. Nigeria Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 12. Nigeria Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 13. Rest of Middle East & Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 14. Rest of Middle East & Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 15. Company Positioning & Concentration

Figure 1. Middle East & Africa Mining Explosives Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Middle East & Africa Mining Explosives Market
Figure 4. Middle East & Africa Mining Explosives Market Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Mining Explosives Market Revenue (US$ Million), 2020 – 2030
Figure 6. Middle East & Africa Mining Explosives Market Share (%) – Type, 2022 and 2030
Figure 7. Trinitrotoluene (TNT) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. ANFO Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. RDX Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Pentaerythritol Tetranitrate (PETN) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Middle East & Africa Mining Explosives Market Share (%) – Application, 2022 and 2030
Figure 13. Quarrying and Non-Metal Mining Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Metal Mining Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Coal Mining Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Middle East & Africa Mining Explosives Market, by Key Country – Revenue (2022) (US$ Million)
Figure 17. Mining Explosives Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 18. South Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Saudi Arabia Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. UAE Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Zimbabwe Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Nigeria Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Rest of Middle East & Africa Mining Explosives Market Revenue and Forecasts to 2030 (US$ Million)