Blown apart: Revenue is set to fall for the second consecutive year thanks to weak confidence

The Explosives Manufacturing industry makes various explosive and pyrotechnic products used for blasting, lighting, signalling and entertainment. It also produces propellant powders. Demand for these products largely comes from coal mines and stone quarries, which use explosives in their extracting processes. Demolition experts use the industry's products to level structures. The defence sector can also be an important source of income for some operators, so downstream demand can be dependent on domestic and international defence budgets. Over the five years through 2018-19, industry revenue is expected to grow at a compound annual rate of 4.4% to reach £121.9 million. However, in the current year, revenue is forecast to contract by 7.2% in the current more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • Growing construction activity in the first half of the period supported demand and revenue
  • The value of the pound has boosted industry exports, causing them to increase as a share of revenue
  • As uncertainty persists, delayed investment may limit demand from the construction sector
  • Industry Report - Industry Investment Chapter

    The Explosives Manufacturing industry has a moderate level of capital intensity. For every £1.00 spent on capital investment in 2018-19, an estimated £4.83 is spent on wages. Considerable set-up and establishment costs and highly specialised technical requirements, combined with a growing reliance on innovative technology, have led to significant capital investment in the industry. However, wage costs remain high as the industry requires specialist employees for high-value and complex product and service offerings. The average industry wage is expected to increase at a compound annual rate of 5.6% over the five years through 2018-19, as a shortage of specialist labour has caused major players to compete on wages. The...purchase to read more.

    Additional Insights for the Explosives Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Explosives Manufacturing Industry are

  • Having contracts which are favourable to purchaser
  • Effective cost controls
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Demand from demolition and Demand from stone quarrying in the Explosives Manufacturing industry impact industry performance..

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    What's in this report

    What is the Explosives Manufacturing Industry?

    Companies in this industry manufacture explosives, pyrotechnic products and propellant powders. Industry participants may also make blasting accessories such as blasting and detonating caps, fuses, cords, signalling flares, detonators and safety fuses.

    Industry Products
  • Primary and secondary explosives
  • Fuses and matches
  • Caps, igniters and electric detonators
  • Pyrotechnic products
  • Propellant powders
  • Industry Activities
  • Propellant powder
  • Explosive and pyrotechnic product
  • Match
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from demolition
  • Demand from stone quarrying
  • Demand from hard coal mining
  • Government spending on defence

  • Current Performance
  • Building up
  • Military budget
  • Marginal gains
  • Chart: Revenue Growth

  • Industry Outlook
  • Constructing growth
  • Environmental awareness
  • Innovative solutions
  • Table: Explosives Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Explosives Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Hard Coal Mining
  • Railway & Underground Railway Construction
  • Bridge & Tunnel Construction
  • Demolition

  • Key Selling Industries
  • Fertiliser & Nitrogen Compound Manufacturing
  • Industrial Gas Manufacturing

  • Products & Services
  • Pyrotechnic products
  • Primary and secondary explosives
  • Caps, igniters and electric detonators
  • Propellant powders
  • Fuses and matches
  • Chart: Explosives Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial
  • Defence
  • Consumer
  • Chart: Major Market Segmentation for the Explosives Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Explosives Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Explosives Manufacturing Industry

  • Industry Globalization
    Chemring Energetics UK Limited,
  • Table: Chemring Energetics UK Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Explosives Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Explosives Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Blasting Cap
  • A small explosive device used to detonate a larger, more powerful explosive such as dynamite. Most blasting caps contain a primary explosive.
  • Detonating Cord
  • A high-speed fuse that explodes and is used to detonate high explosives.
  • Pyrotechnics
  • The art of manufacturing and setting off fireworks.
  • What Our Customers Say

    Why buy this report?

    The Explosives Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Explosives Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Explosives Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Explosives Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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