GLOBAL industrialisation and high prices of alternative energy sources have driven demand for thermal coal, which in turn has bolstered the worldwide market for coal mining, according to a new report from BizAcumen detailing the global explosives market.
Explosives such as ammonium nitrate and dynamite are scaling new heights in the mining industry, the report claims. In addition to coal mining, other end-use sectors include metal mining, quarrying operations and industrial minerals.
In the construction industry, growth in infrastructure and non-residential sector is projected to propel consumption of explosives, particularly specialised and high-margin products.
These and other market data and trends are presented in "Explosives: World Market Review" released by BizAcumen Inc.
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