Global Non-Explosive Demolition Agents Market By Product Type (Powder, Slurry), By Application (Demolition, Mining, Quarrying), By Distribution Channel (Industrial Customers, Resellers, Government Acquisitions) and By Region - Forecast from 2020 to 2030

“Global Non-Explosive Demolition Agents Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global non-explosive demolition agents market has been segmented on the basis of product type, distribution channel, application, as well as regions and countries.

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The Global Non-Explosive Demolition Agents Market was valued at UЅD $1,471.8 Мn in 2020, and is projected to achieve a valuation of UЅD $2,482.1 Мn by 2030, at a САGR of 6.4%.

Overview:

Non-explosive demolition agents are chemicals that are an alternative to explosives and gas pressure blasting products in demolition, mining, and quarrying. To use non-explosive demolition agents in quarrying or demolition, holes are drilled into the base rock as they would be for use with conventional explosives, a non-explosive agent is then mixed in with water, after which a predetermined reaction causes the same outcome as if a conventional explosive substance were used.

Dynamics:

The gradual rise in the usage of non-demolition agents, and its increasing demand over conventional methods of demolition such as jackhammers, wrecking balls, hydraulic rams, explosives, etc., as they can be less noisy, less likely to result in loss of life or property, among other benefits. This is a primary factor that is expected to continue to fuel the revenue growth of the global non-explosive demolition agents market over the next decade. Moreover, the eco-friendly nature of this product when compared to traditional solutions, and the steady increase in the usage of eco-friendly products by various end-user industries is also a factor that is slated to improve opportunities for market growth in the years to come.

Furthermore, the use of non-explosive products requires lesser manpower and aids in lowering processing times, which leads to higher levels of productivity. This is another factor that is slated to have a significant impact on the revenue growth of the global non-explosive demolition agents market in the near future.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global non-explosive demolition agents market is no different, and this factor is anticipated to have an immensely negative impact on the revenue growth of this industry. Moreover, the high costs associated with these products as well as the general lack of awareness of these types of solutions among end-users are also factors that could potentially restrain market growth for the global non-explosive demolition agents sector in the coming years.

Nonetheless, the strict enforcement of guidelines and regulations on the mining and other related industries concerning various environmental and geographical repercussions that may arise as a result of using traditional methods of demolition. This is a major factor that is anticipated to increase the use of these products and in turn, advance new opportunities for market growth for this global industry over the forecast period.

Segmentation of the Global Non-Explosive Demolition Agents Market is as follows:

In terms of product type, the powder segment accounted for the maximum number of revenue shares of the global non-explosive demolition agents market in 2020, and is expected to continue doing so over the forecast period. The slurry segment is also anticipated to index a high CAGR over the next 10 years.

With regards to distribution channel, the resellers segment accounted for the highest number of revenue shares of the global non-explosive demolition agents market in 2020, and is anticipated to index the highest CAGR over the next decade. The industrial customers segment is also indicative of registering a high CAGR over the forecast period.

On the basis of application, the mining segment accounted for the majority number of revenue shares of the global non-explosive demolition agents market in 2020, and is anticipated to continue to do so over the next decade. The quarrying segment is also expected to register a high CAGR in the years to come.

Regional Segmentation and Analysis:

Markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global non-explosive demolition agents market in 2020, and are indicative of remaining this industry’s front-runner over the next decade. North America is also anticipated to index a high CAGR over the course of the forecast period.

Segmentation of the Global Non-Explosive Demolition Agents Market:

Segmentation by Product Type:

• Powder
• Slurry
• Other Types

Segmentation by Distribution Channel:

• Industrial Customers
• Resellers
• Government Acquisitions
• Online

Segmentation by Application:

• Demolition
• Mining
• Quarrying
• Other applications

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA

• 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.
• Adhesives Technology Corporation