“Global Non-Explosive Demolition Agents Market by Product Type, distribution channel, Application, and region and countries (North America, Europe, Asia Pacific, South America, and Middle East & Africa) – Forecast from 2020 to 2029” is a recently published report by MarketResearch.biz. Through in-depth research study and analysis has been conducted using primary inputs from industry experts, and secondary sources and databases have been extensively used to arrive at findings. Systematic segmentation of the market and presentation of the data and information has been done in a manner that allows a clear understanding of historical, current, and projected scenarios in the target market. Revenue from the global non-explosive demolition agents market is expected to expand at a CAGR of 5.3% and is projected to reach a value of around US$ 2,482.1 Mn in 2029.
The global non-explosive demolition agents market is segmented on the basis of product type, distribution channel, application, and regions and countries.
On the basis of product type, the global market is segmented into powder, slurry and other types. The powder segment in the global non-explosive demolition agents market is estimated to account for majority revenue share of US$ 630 Mn in 2017, and is expected to continue contributing the highest revenue share over the forecast period (2017 – 2026).
Among the distribution channel segments in the global market are industrial customers, resellers, government acquisitions, and online channel. The industrial customers segment is expected to account for highest revenue share, and is expected to continue its dominance over the forecast period. The utilities segment is projected to register highest compounded annual growth rate between 2017 and 2026.
On the basis of application, the global market is segmented into demolition, mining, quarrying, and other applications. The mining segment accounted for majority revenue share in 2017, and is expected to continue its dominance over the forecast period.
On the basis of region/country, the global non-explosive demolition agents market is segmented into North America, China, Europe, Southeast Asia, Japan, and India. The market in Asia Pacific accounted for major revenue share in the global market in 2017, and is expected to register a lucrative CAGR over the next 10 years.
North America market is expected to account for second-largest revenue share in the global market, followed by markets in China, Southeast Asia, Japan, and India.
Key players operating in the global non-explosive demolition agents market include Expansive Corp., Dexpan, Kubatec Bmt Ag, Guizhou Sino Quarry and Mine Industries Corp., Ltd., Dynacem, Taiheiyo Materials Corporation, Eei- Group, Ecobust USA Inc., Beijing Prodemo Imp. & Exp. Co., Ltd., and Adhesives Technology Corporation.