Global Ammonium Nitrate Explosive Market Worth $ 41.52 Billion by 2019

Date: 2016-09-11

Ammonium Nitrate Explosive is Ammonium nitrate as the main additive, and Mixed with combustible agent or adding sensitizer. Ammonium nitrate explosive includes ammonium nitrate/fuel oil and ammonium nitrate/TNT on the base of classification, which represent 75% and 15% of global ammonium nitrate explosive market. 

Mining and building industry are the main application of ammonium nitrate explosive product and North American is the largest ammonium nitrate explosive market on production and consumption.

Global ammonium nitrate explosive market is projected to reach $ 41.52 Billion by 2019, with a GAGR of 7.8% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global ammonium nitrate explosive market are JiuLian, AES, Apache Nitrogen Products, Austin Powder, Dyno Nobel, Akzo Nobel etc.


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Joanna | Executive – International Business and partner Relations
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