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Leading Five Companies in Explosives Manufacturing

Leading Five Companies in Explosives Manufacturing
Originally Published on: SpendEdge | Top 5 Companies Involved in Explosives Manufacturing

A few decades ago, pyrotechnics were primarily employed for military warfare purposes. Today, pressings, castings, polymer-bonded, rubberized, blasting agent, and explosives are indispensable to a number of industries. Typically, they are classified according to their initiation sensitivity, detonation velocity, stability, power, brisance, density, and hygroscopic nature. Depending on their velocity, explosives can be divided into high and low categories. They are currently indispensable in industries such as construction, mining, engineering, and quarrying. Among the most prominent applications of pyrotechnics are the launch of rockets into space, the joining of metals, and the production of industrial diamonds. SpendEdge's report on market intelligence for the procurement industry reveals that mining accounted for 75% to 80% of the global explosives market's revenue due to a rapid increase in mining activities.


The ORICA
Orica is the world's largest provider of commercial pyrotechnics and blasting systems and is an Australian company. Additionally, the company specializes in ground support services for tunneling and mining. The company provides the mining, quarrying, construction, and oil and gas industries. The company's primary products include bulk systems, electronic blasting systems, initiating systems, packaged explosives, and emulsifiers. For the 2016 fiscal year, the company reported revenues of $3.79 billion and employed over 11,500 individuals.

The Sasol
Sasol is an integrated energy and chemical company that develops and commercializes technologies, such as synthetic fuels technologies, and manufactures various liquid fuels, chemicals, and electricity. It is also the first oil-from-coal company in the globe. The company currently operates in 33 countries and is South Africa's largest corporate taxpayer. Their chemical product line consists of polymers, solvents, fertilizers, and explosives. In 2017, Sasol's explosives division generated 245 ktpa in revenue.

Hanwha 
Hanwha is a company that manufactures pyrotechnics and has diversified holdings in retail and financial services. Their commercial explosives product line consists of MegaMITE, MegaMEX, NewMITE Plus, NewVEX, LoVEX, and NewFINEX. Their products are utilized in chemical and power facilities, electrical welding, transition joints on trains, and structural transition joints. In 2016, Hanwha confirmed a five-year contract with Whitehaven Coal to provide bulk and initiating explosives as well as down-the-hole services in Australia.

MAXAM Corporation
MAXAMCorp's history dates back to 1872, when Alfred Nobel established the Sociedad Espaola de la Pólvora Dinámica. The company provides high-tech terra solutions, outdoor, defense, and chemical products and services. Its primary products include blasting solutions, cartridges and gunpowder, and basic materials for the nitro chemical industry. One of their brands, EXPAL, specializes in demilitarization through the reprocessing of explosives recovered from various sectors, such as the infrastructure, mining, and demolition industries.

The Chemring
Chemring is an international company that provides a variety of advanced technology products and services to defense, civil defense, and major commercial clients worldwide. Europe's leading manufacturer of IM explosives, energetic devices, solid propellants, and subsystems. The company's key products include rocket motors, propellant materials, canopy cutting charges, linear explosives, cartridge-actuated devices, propellant-actuated devices (CAD/PADs), fuze and safe/arm units, flight termination systems, pyro-mechanisms and actuators, warheads and charges, primers and initiators.

In SpendEdge's forthcoming report on the global explosives market, you can learn more about the leading manufacturers of explosives, as well as sourcing strategies, procurement best practices, pricing strategies, and supply chain challenges.

Leading Five Companies in Explosives Manufacturing
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Leading Five Companies in Explosives Manufacturing

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