Latin America Study on Industrial Explosives Market, 2016 - 2022
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Latin America Study on Industrial Explosives Market, 2016 - 2022
Persistence Market Research
Latin America Market for Industrial
Explosives is Estimated to be Valued at US$
1,319.7 Mn by 2022: Persistence Market
Research
Persistence Market Research
1
Latin America Study on Industrial Explosives Market, 2016 - 2022
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Latin America Market Study on Industrial
Explosives: Metal Mining Sector to be the Largest Consumer during the Forecast
Period 2016 - 2022”, the Latin America industrial explosives market is estimated to be
valued at US$ 1,319.7 Mn by 2022.
Industrial explosives are an important part of mining and mineral extraction operations
around the world. Due to their high stability, industrial explosives are used in applications
with higher torque by mining and tunnelling companies. Two types of industrial explosives,
high explosives and blasting agents, are used in numerous applications across Latin
America.
Among countries in Latin America, the market in Chile is expected to account for 29.8%
volume share of the overall Latin America industrial explosives market, followed by Peru and
Brazil, by 2022. Due to increased mining activities in Brazil, the industrial explosives market
in the country is projected to expand at a higher than average CAGR of 8.6% between 2016
and 2022 in terms of revenue. The market in Columbia, which is anticipated to account for
16.5% revenue share of the overall Latin America market by 2022 end, is expected to be
driven by the rise of the mining sector in the country. The industrial explosives market in
Argentina is estimated to witness an average increase in revenue due to lower GDP growth
in the country.
Request Sample Report: http://www.persistencemarketresearch.com/samples/9893
The high explosives market in Latin America is expected to expand at a lower than average
CAGR of 4.5% in terms of...
Persistence Market Research
Latin America Market for Industrial
Explosives is Estimated to be Valued at US$
1,319.7 Mn by 2022: Persistence Market
Research
Persistence Market Research
1
Latin America Study on Industrial Explosives Market, 2016 - 2022
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Latin America Market Study on Industrial
Explosives: Metal Mining Sector to be the Largest Consumer during the Forecast
Period 2016 - 2022”, the Latin America industrial explosives market is estimated to be
valued at US$ 1,319.7 Mn by 2022.
Industrial explosives are an important part of mining and mineral extraction operations
around the world. Due to their high stability, industrial explosives are used in applications
with higher torque by mining and tunnelling companies. Two types of industrial explosives,
high explosives and blasting agents, are used in numerous applications across Latin
America.
Among countries in Latin America, the market in Chile is expected to account for 29.8%
volume share of the overall Latin America industrial explosives market, followed by Peru and
Brazil, by 2022. Due to increased mining activities in Brazil, the industrial explosives market
in the country is projected to expand at a higher than average CAGR of 8.6% between 2016
and 2022 in terms of revenue. The market in Columbia, which is anticipated to account for
16.5% revenue share of the overall Latin America market by 2022 end, is expected to be
driven by the rise of the mining sector in the country. The industrial explosives market in
Argentina is estimated to witness an average increase in revenue due to lower GDP growth
in the country.
Request Sample Report: http://www.persistencemarketresearch.com/samples/9893
The high explosives market in Latin America is expected to expand at a lower than average
CAGR of 4.5% in terms of...