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    Blasting Stemming Plugs Market Research Report - Forecast till 2030 Infographic

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    Blasting Stemming Plugs Market

    ID: MRFR/CnM/6411-CR
    80 Pages
    Chitranshi Jaiswal
    May 2019

    Blasting Stemming Plugs Market Research Report Information by Material Type (Crushed Stone Chips, Coarse Sand, Fast Hardening Concretes and others), End-Use Industry (Mining and Construction) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast till 2030

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    Blasting Stemming Plugs Market Research Report - Forecast till 2030 Infographic
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    Table of Contents

    Blasting Stemming Plugs Market Summary

    As per Market Research Future Analysis, the global Blasting Stemming Plugs Market is projected to grow at a CAGR of 4.97% until December 2030, driven primarily by the increasing demand in mining operations. The market is expected to be valued at over USD 307.1 million by the end of 2023, with the Asia Pacific region leading in market share due to high economic growth and demand for metals. The crushed stone chip segment is anticipated to dominate the market, particularly in the mining industry, which is expected to reach USD 449.1 million by the end of 2023. Despite challenges posed by environmental concerns and the impact of COVID-19, the outlook remains positive with opportunities in developing economies.

    Key Market Trends & Highlights

    The Blasting Stemming Plugs Market is witnessing significant growth driven by mining and construction industries.

    • CAGR of 4.97% projected until December 2030.
    • Market expected to be valued at over USD 307.1 million by the end of 2023.
    • Mining industry to lead with a market worth of USD 449.1 million by 2023.
    • Asia Pacific region held 44.1% market share in 2017, expected to dominate further.

    Market Size & Forecast

    2023 Market Size USD 307.1 million
    Mining Industry Market Size USD 449.1 million by 2023
    Asia Pacific Region Market Share 44.1% in 2017

    Major Players

    Key players include Advanced Blasting Technology Inc (US), MOCAP (US), Stemlock, Inc (US), AMA Group (India), Paraplug (US), Superplug SA (South Africa), AECE (South Africa), Vala Stemming Systems (South Africa).

    Blasting Stemming Plugs Market Trends

    The increasing emphasis on safety and efficiency in mining operations appears to drive the demand for advanced blasting stemming plugs, which are crucial for optimizing explosive performance and minimizing environmental impact.

    U.S. Department of the Interior, Bureau of Mines

    Blasting Stemming Plugs Market Drivers

    Rising Demand for Mining Activities

    The Global Blasting Stemming Plugs Market Industry experiences a notable increase in demand due to the expansion of mining activities worldwide. As countries seek to enhance their mineral extraction capabilities, the need for effective blasting techniques becomes paramount. For instance, regions rich in natural resources, such as Africa and South America, are witnessing a surge in mining operations. This trend is projected to contribute significantly to the market, with estimates suggesting a market value of 123.2 USD Million in 2024. The focus on optimizing blasting efficiency further drives the adoption of stemming plugs, which are essential for controlling rock fragmentation.

    Market Segment Insights

    Regional Insights

    Key Companies in the Blasting Stemming Plugs Market market include

    Industry Developments

    The major key players in this industry are Advanced Blasting Technology Inc (US), Stemlock, Inc (US), MOCAP (US), Paraplug (US), AMA Group (India), AECE (South Africa), Superplug SA (South Africa), Vala Stemming Systems (South Africa) and others. Recently, the prominent market player AMA Group has focused on the blasting stemming plugs to grow its popularity worldwide with affordable substitutes.

    Future Outlook

    Blasting Stemming Plugs Market Future Outlook

    The Blasting Stemming Plugs Market is projected to grow at a 4.97% CAGR from 2024 to 2035, driven by technological advancements and increasing demand in mining and construction sectors.

    New opportunities lie in:

    • Develop eco-friendly stemming plug materials to meet sustainability demands.
    • Invest in automation technologies for enhanced production efficiency.
    • Expand distribution networks in emerging markets to capture new customer segments.

    By 2035, the Blasting Stemming Plugs Market is expected to achieve robust growth, reflecting evolving industry needs and innovations.

    Market Segmentation

    Report Scope

    Report Attribute/Metric Details
      Market Size   2022: USD 646.9 Million  
      CAGR   4.97%
      Base Year   2020
      Forecast Period   2022-2030
      Historical Data   2019
      Forecast Units   Value (USD Million)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Material Type, End-Use Industry and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Advanced Blasting Technology Inc (US),MOCAP (US),Stemlock, Inc (US),AMA Group (India),Paraplug (US),Superplug SA (South Africa),AECE (South Africa)Vala Stemming Systems (South Africa)
      Key Market Opportunities   Breakneck (oftentimes double-digit) growth in developing economies like Peru and Botswana is presenting amazing opportunities for the blasting stems plug industry.
      Key Market Drivers   The growth in the mining industry is primarily driven by greater investments in mineral exploration by global mining majors.

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

    Get In Touch
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    FAQs

    At what CAGR is the blasting stemming plus market projected to grow during the forecast period?

    blasting stemming plus market is projected to grow at a 4.97% CAGR between 2021-2030.

    Which region is projected lead the blasting stemming plus market?

    The Asia Pacific is projected to lead the blasting stemming plus market.

    Which end use industry will dominate the blasting stemming plus market?

    The mining industry will dominate the blasting stemming plus market.

    Which material type segment will lead the blasting stemming plus market?

    Crushed stone chips material will lead the blasting stemming plus market.

    1. '1 Executive Summary
      1. Market Attractiveness Analysis 15
        1. Global Blasting Stemming Plugs Market, By Material Type 15
    2. Global Blasting Stemming Plugs Market, By End-Use Industry 16
    3. Market Introduction
      1. Definition 17
      2. Scope Of The Study 17
      3. Market Structure 17
    4. Market Insights
    5. Research Methodology
      1. Research Process 21
      2. Primary
    6. Research 22
      1. Secondary Research 23
      2. Market Size Estimation
      3. Forecast Model 24
      4. List Of Assumptions 25
    7. Market Dynamics
      1. Introduction 26
        1. Growing Mining
    8. Industry 26
      1. Increasing Demand In The Construction Industry 26
        1. Drivers Impact Analysis 27
      2. Restraints 28
    9. Environmental Regulations 28
      1. Restraints Impact Analysis 28
      2. Opportunities 28
        1. Increasing Demand For Metals In Major End-Use
    10. Industries 28
    11. Market Factor Analysis
      1. Supply/Value Chain
    12. Analysis 29
      1. Raw Materials 29
        1. Blasting Stemming
    13. Plugs Manufacturers 29
      1. Distribution Channel 30
    14. End-Use Industry 30
      1. Porter’s Five Forces Model 30
        1. Threat Of New Entrants 31
        2. Intensity Of Rivalry 31
        3. Threat Of Substitutes 31
        4. Bargaining Power Of Suppliers
        5. Bargaining Power Of Buyers 31
    15. Global Blasting Stemming
    16. Plugs Market, By Material Type
      1. Introduction 32
      2. Crushed
    17. Stone Chips 33
      1. Coarse Sand 33
      2. Fast Hardening Concretes
      3. Others 34
    18. Global Blasting Stemming Plugs Market,
    19. By End-Use Industry
      1. Introduction 35
      2. Mining 36
      3. Construction 37
    20. Global Blasting Stemming Plugs Market, By Region
      1. Introduction 38
      2. North America 40
        1. US
        2. Canada 41
      3. Europe 42
        1. Russia 43
        2. Germany 44
        3. Spain 45
        4. France 46
        5. UK 46
        6. Italy 47
        7. Rest Of Europe 48
      4. Asia-Pacific 49
        1. China 50
        2. Japan 51
        3. India 51
        4. Australia And New Zealand 52
    21. Indonesia 53
      1. South Korea 54
        1. Rest Of Asia-Pacific
      2. Latin America 55
        1. Brazil 56
        2. Mexico
        3. Argentina 58
        4. Rest Of Latin America 59
      3. Middle East And Africa 60
        1. Turkey 61
        2. GCC
        3. North Africa 62
        4. Israel 63
    22. Rest Of Middle East And Africa 64
    23. Competitive Landscape
    24. Introduction 65
    25. Company Profiles
      1. Advanced Blasting
    26. Technology Inc. 66
      1. Company Overview 66
        1. Financial
    27. Overview 66
      1. Products Offered 66
        1. Key Developments
        2. SWOT Analysis 67
        3. Key Strategies 67
      2. MOCAP 68
        1. Company Overview 68
        2. Financial
    28. Overview 68
      1. Products Offered 68
        1. Key Developments
        2. Swot Analysis 68
        3. Key Strategies 68
      2. Stemlock, Inc 69
        1. Company Overview 69
        2. Financial Overview 69
        3. Products Offered 69
        4. Key Developments 69
        5. SWOT Analysis 69
    29. Key Strategies 69
      1. AMA Group 70
        1. Company Overview
        2. Financial Overview 70
        3. Products Offered 70
        4. Key Developments 70
        5. SWOT Analysis 71
    30. Key Strategies 71
      1. Paraplug 72
        1. Company Overview
        2. Financial Overview 72
        3. Products Offered 72
        4. Key Developments 72
        5. SWOT Analysis 72
    31. Key Strategies 72
      1. Superplug SA 73
        1. Company Overview
        2. Financial Overview 73
        3. PRODUCT OFFERINGS 73
        4. Key Developments 73
        5. SWOT Analysis 74
    32. Key Strategies 74
      1. AECE 75
        1. Company Overview 75
        2. Financial Overview 75
        3. PRODUCT OFFERINGS 75
        4. Key Developments 75
        5. SWOT Analysis 76
    33. Key Strategies 76
      1. Vala Stemming Systems 77
        1. Company
    34. Overview 77
      1. Financial Overview 77
        1. PRODUCT OFFERINGS
        2. Key Developments 77
        3. SWOT Analysis 78
        4. Key Strategies 78
    35. Conclusion
      1. Key Findings
    36. List Of Tables
    37. MILLION) 32
    38. MARKET, BY REGION, 2020‒2027 (USD MILLION) 33
    39. BLASTING STEMMING PLUGS MARKET, BY REGION, 2020‒2027 (USD MILLION) 33
    40. FAST HARDENING CONCRETES: GLOBAL BLASTING STEMMING PLUGS MARKET, BY REGION, 2020‒2027
    41. (USD MILLION) 34
    42. BY REGION, 2020‒2027 (USD MILLION) 34
    43. PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 35
    44. MINING: GLOBAL BLASTING STEMMING PLUGS MARKET, BY REGION, 2020‒2027 (USD MILLION)
    45. ‒2027 (USD MILLION) 37
    46. BY REGION, 2020‒2027 (USD MILLION) 38
    47. PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 39
    48. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 39
    49. (USD MILLION) 40
    50. BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 40
    51. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 40
    52. (USD MILLION) 41
    53. INDUSTRY, 2020‒2027 (USD MILLION) 41
    54. PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 41
    55. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 42
    56. MILLION) 42
    57. TYPE, 2020‒2027 (USD MILLION) 43
    58. MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 43
    59. BLASTING STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 43
    60. (USD MILLION) 44
    61. MATERIAL TYPE, 2020‒2027 (USD MILLION) 44
    62. STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 44
    63. MILLION) 45
    64. INDUSTRY, 2020‒2027 (USD MILLION) 45
    65. PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 46
    66. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 46
    67. (USD MILLION) 46
    68. INDUSTRY, 2020‒2027 (USD MILLION) 47
    69. PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 47
    70. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 47
    71. ‒2027 (USD MILLION) 48
    72. PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 48
    73. ASIA-PACIFIC: BLASTING STEMMING PLUGS MARKET, BY COUNTRY, 2020‒2027 (USD MILLION)
    74. TYPE, 2020‒2027 (USD MILLION) 49
    75. PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 50
    76. CHINA: BLASTING STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION)
    77. ‒2027 (USD MILLION) 50
    78. BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 51
    79. STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 51
    80. MILLION) 51
    81. INDUSTRY, 2020‒2027 (USD MILLION) 52
    82. BLASTING STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 52
    83. INDUSTRY, 2020‒2027 (USD MILLION) 52
    84. PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 53
    85. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 53
    86. ‒2027 (USD MILLION) 54
    87. MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 54
    88. OF ASIA-PACIFIC: BLASTING STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD
    89. MILLION) 54
    90. BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 55
    91. BLASTING STEMMING PLUGS MARKET, BY COUNTRY, 2020‒2027 (USD MILLION) 55
    92. (USD MILLION) 56
    93. BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 56
    94. STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 56
    95. BRAZIL: BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION)
    96. ‒2027 (USD MILLION) 57
    97. BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 57
    98. STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 58
    99. ARGENTINA: BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD
    100. MILLION) 58
    101. BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 59
    102. BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 59
    103. ‒2027 (USD MILLION) 60
    104. STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 60
    105. MIDDLE EAST AND AFRICA: BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY,
    106. ‒2027 (USD MILLION) 61
    107. BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 61
    108. STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 61
    109. MILLION) 62
    110. INDUSTRY, 2020‒2027 (USD MILLION) 62
    111. STEMMING PLUGS MARKET, BY MATERIAL TYPE, 2020‒2027 (USD MILLION) 62
    112. NORTH AFRICA: BLASTING STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027
    113. (USD MILLION) 63
    114. MATERIAL TYPE, 2020‒2027 (USD MILLION) 63
    115. PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 63
    116. REST OF MIDDLE EAST AND AFRICA: BLASTING STEMMING PLUGS MARKET, BY MATERIAL TYPE,
    117. ‒2027 (USD MILLION) 64
    118. STEMMING PLUGS MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 64
    119. PRODUCT OFFERINGS 75
    120. List Of Figures
    121. MARKET ATTRACTIVENESS ANALYSIS: GLOBAL BLASTING STEMMING PLUGS MARKET 15
    122. VS 2027) 19
    123. VS 2027) 19
    124. COUNTRY (2020 VS 2027) 20
    125. & MARKET SHARE BY COUNTRY (2020 VS 2027) 20
    126. OF MRFR 21
    127. DRIVERS IMPACT ANALYSIS: GLOBAL BLASTING STEMMING PLUGS MARKET 27
    128. RESTRAINTS IMPACT ANALYSIS: GLOBAL BLASTING STEMMING PLUGS MARKET 28
    129. MARKET 30
    130. TYPE, 2020‒2027 (USD MILLION) 32
    131. MARKET, BY END-USE INDUSTRY, 2020‒2027 (USD MILLION) 35
    132. BLASTING STEMMING PLUGS MARKET, BY REGION, 2020‒2027 (USD MILLION) 38
    133. SUPERPLUG SA: SWOT ANALYSIS 74

    Blasting Stemming Plugs Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Blasting Stemming Plugs Market Research Report - Forecast till 2030 Infographic
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