Africa Explosives Market is predicted to reach USD 791 Million at a CAGR of 2.93% during the forecast period 2023-2030

Market Research Future (MRFR) has published on the “Global Africa Explosives Market”.

The Africa Explosives Market is estimated to register a CAGR of 2.93% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Africa Explosives market—Teijin, Toray, Donaldson Company, Inc , Stellenbosch Nanofiber Company , LIME, and Hollingsworth ＆ Vose

Africa Explosives Market Highlights

The Africa Explosives market is accounted for to register a CAGR of 2.93% during the forecast period and is estimated to reach USD  791  Million by 2030.

the healthy growth of the steel and construction industries in the emerging economies of Asia-Pacific is fueling the demand for coal, which consequently is expected to contribute to the growth of the Africa explosives market. The coal mining segment for explosives accounted for the largest share of explosives' demand in mining applications and is expected to showcase a similar trend during the forecast period. Zimbabwe is the other key coal-mining country in Africa. The Lubu project, which is planned to start operations in 2021, is expected to increase Zimbabwe's coking coal production by 0.5 million tons. Furthermore, Mozambique's coal mining activities have registered a sharp increase, with an estimated production exceeding 100 million tons between 2015 and 2020.

South Africa is a world leader in mining. The country is famous for its abundant mineral resources, accounting for a significant proportion of world production and reserves. South African mining companies are key players in the Africa industry. South Africa's total reserves remain some of the world's most valuable, with an estimated worth of USD 3.2 trillion. It has the world's largest reserves of manganese and platinum group metals (PGMs), and among the largest reserves of gold, diamonds, chromite ore, and vanadium. South Africa has the most diverse range of diamond deposits in the world.

Deposits include open pit and underground kimberlite pipe-, dyke-, and fissure mining, alluvial mining, as well as on and offshore marine mining. South Africa is one of the top 10 countries engaged in the mining of diamonds in the world. In 2019, South Africa produced 7.2 million carats of diamonds and generated a sales revenue of USD 889 million. With the rapid growth of the human population and a rise of a Africa middle class, particularly in China, India, and Africa itself, the use of premium jewelry has been on the rise, thus driving demand for diamonds.

Furthermore, with the push towards renewable energy and the advent of the lithium-ion battery, the demand for cobalt and lithium is increasing and will require greater exploration to meet the demands of manufacturers. Considering this, the mining activities in DRC (with large cobalt reserves) and Mali (lithium reserves) are expected to grow at a healthy pace in the near future, thus driving the Africa explosives market.

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Segment Analysis

The Africa Explosives market has been segmented based on Type, Application, and Region.

Based on application, the Explosives Market has been segmented into Mining, Construction, Others, and others, and others. Among these, the mining segment drove the Explosives market by holding a substantial market revenue through the projected period as estimated by MRFR analysts. South Africa is a world leader in mining. The South African mining and minerals industry has played a key role in the country's economic development, which has transformed South Africa into the most industrialized country in Africa. It has also been the principal driver of the current infrastructure network, which now underpins jobs in many other sectors. The South African government's development policies, the National Development Plan (NDP) and the New Growth Path (NGP), both recognize the critical role that mining contributes to growing investments, exports, gross domestic product (GDP), and job creation. In this respect, government, organized labor, and industry have, through the Mining Industry Growth, Development and Employment Task Team (MIGDETT), undertaken several initiatives aimed at resolving the challenges facing the industry.

Based on Type, the Africa market has been divided into bulk explosives, ammonium nitrate/fuel oil, cartridge emulsion explosives, cartridge watergel explosives, others. Bulk explosives dominated the application segment through the projected period. Bulk explosives are the type of explosives manufactured and delivered on-site in vertical holes with formulations tailored to specific geologic conditions and needs. They are essentially used where the scale of blasting operation is large, and large quantities must be charged per day. These explosives are of varying range, viz. cap sensitive or not cap sensitive. The market players in South Africa are largely offering bulk explosives due to their growing demand from miners in the country on account of advantages such as easier transport, handling and storage, effectiveness in a large-scale operation, accurate explosive consumption amount, shorter charge times, improved work environment, excellent water resistance, low gas emissions, the higher velocity of detonation (VOD), variable density, safety, and fewer fumes.

Regional Analysis

By region, the Africa market is segmented into South Africa, Mozambique, Angola, Tanzania, Sierra Leone, Liberia, Ivory Coast, Zimbabwe, Zambia, Namibia, DRC, Malawi, Senegal, Burkina Faso, Mali, Guinea, Lesotho, Ghana, Rest Of Africa. South Africa is one of the top 10 countries engaged in the mining of diamonds in the world. The country produced 6.6% of the total output worldwide in 2017. In 2019, South Africa produced 7.2 million carats of diamonds and generated a sales revenue of USD 889 million. The diamond mining industry employed 15,728 people in 2019. The top three diamond producing mines in the country are De Beer's Venetia Mine, Petra Diamonds' Finsch Mine, and Cullinan Mine (or Premier Mine). De Beer's Venetia Mine is the largest diamond-producing mine in South Africa and had more than 92.4 million carats of diamond reserves as of December 2018. The deposit comprises 12 kimberlite pipes. It produced 4.2 million carats of diamonds in 2018. Today, South Africa ranks 5th in terms of carats and 3rd in terms of value worldwide.

Key Findings of the Study

• The Africa Explosives market is expected to reach USD 791 Million by 2030, at a CAGR of 2.93% during the forecast period.


• The South Africa accounted for the fastest growth in the Africa market.


• Based on material, the silica sand segment was attributed to holding the largest market in 2023.


• Based on Type, the bulk explosives segment was attributed to holding the largest market in 2023.


• Based on application, the mining segment was attributed to holding the largest market in 2023.


• BME South Africa, Sasol, TITANOBEL, AECL, Orica Limited, Yara, Solar Mining Services (PTY) LTD, and Maxam, Others