Global Electric Detonators market cagr 8.2%

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Electric Detonators Market

Electric Detonators Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Electric Detonators Market Size and Growth

The global Electric Detonators market research report highlights the current market conditions and trends in the industry. The market size is projected to reach USD 1.5 billion by 2025, with a CAGR of 5.7%. Key factors driving growth include increasing construction activities and stringent safety regulations in mining operations.

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Companies Covered

(Covid 19 Impact Covered)

◍ Kayaku

◍ Orica

◍ Dyno Nobel

◍ Forcit

◍ Sichuan Yahua Industrial Group

◍ Nammo AS

◍ Krusik

◍ Extraco SA

◍ IDEAL Detonators Pvt. Ltd.

◍ Austin Powder GmbH

◍ Saudi Chemical

The electric detonators market is highly competitive with key players such as Kayaku, Orica, Dyno Nobel, Forcit, Sichuan Yahua Industrial Group, Nammo AS, Krusik, Extraco SA, IDEAL Detonators Pvt. Ltd., Austin Powder GmbH, and Saudi Chemical. These companies offer innovative solutions and advanced technologies to drive market growth.

- Orica reported sales revenue of $2.03 billion in 2020 - Dyno Nobel reported sales revenue of $1.5 billion in 2020

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Market Segmentation

By Application

Mining

Building

Military

Others

By Product

◍ lnstantaneous Electric Detonators

Delay Electric Detonators

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Market Growth

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$ X Billion USD

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