1. Market Research
  2. > Aerospace and Defence Market Trends
  3. > Manufacture of Explosives and Pyrotechnics in South Africa 2015

Manufacture of Explosives and Pyrotechnics in South Africa 2015

  • October 2015
  • -
  • Who Owns Whom
  • -
  • 58 pages

Summary

Table of Contents

Search Inside

The Manufacture of Explosives and Pyrotechnics: This report focuses on the explosive and pyrotechnic manufacturing sector in South Africa, which has an estimated value of R5bn. Environmental and safety concerns as well as technological advancements are key drivers of innovation in this fiercely competitive industry.


A Challenging Market: Industrial action in the mining industry has had a negative impact on the explosives sector. During 2014 for example, market leader African Explosives Ltd (AEL) Mining Services reported that its explosives manufacturing business lost R170m as a result of strikes in that sector, with volumes of explosives and initiating systems sold to mining companies decreasing by 4% and 19% respectively. Another large consumer of explosives is the construction sector, also under pressure due to muted economic growth and the slow roll-out of government’s infrastructure plan, originally valued at R4-trillion over 15 years.


Looking at New Markets: In response to local market conditions companies have turned their attention to the mining and construction sectors in sub-Saharan Africa. Even though the International Monetary Fund’s Regional Economic Outlook downwardly revised its 2016 forecast for the region to 4.25%, growth in this region is still stronger than that in many other regions, and certainly that of South Africa where growth of 1.3% is forecast for 2016. A shift in company focus is also apparent, with the AECI group diversifying into higher-margin products such as water treatment chemicals and Omnia focusing more on its agricultural and chemical manufacturing divisions.



Report Coverage:

This report describes the current situation in the country, examines the increasingly competitive market and focuses on factors influencing the sector’s success. The report also profiles eleven companies, including Bulk Mining Explosives (BME) which is part of the Omnia Group, and the country’s leading explosives company, African Explosives Ltd (AEL) Mining Services, which held approximately 60% of the domestic market in 2013.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
The Mining Explosives Market in South Africa for Coal, Iron Ore, Gold and PGMs, Forecast to 2020

The Mining Explosives Market in South Africa for Coal, Iron Ore, Gold and PGMs, Forecast to 2020

  • $ 4950
  • Industry report
  • January 2017
  • by Frost & Sullivan

Cost Containment Drives Product Innovation The South African mining explosives market for coal, iron ore, PGMs, and gold was worth $530.7 million in 2015 and its growth will be limited (CAGR of 1.2%) ...

Global Explosives - Industrial Supplies & Accessories

Global Explosives - Industrial Supplies & Accessories

  • $ 4950
  • Industry report
  • February 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Explosives in Metric Tons and in US$ Million by the following Product Segments: Blasting Agents, Propellants, Pyrotechnics, and Other Explosives. The report ...

Explosives & Weapons Detection Markets in Europe – 2017-2022

Explosives & Weapons Detection Markets in Europe – 2017-2022

  • $ 4450
  • Industry report
  • March 2017
  • by Homeland Security Research Corporation (HSRC)

Market Surge Forecast: 2015-2020 CAGR: 20.2%. Granulated Into 51 Submarkets The explosives detection and weapon detection market will grow at a CAGR of 20.2% in 2015-2020, a 5-fold hike from the 3.9% CAGR ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.