The Global Mining Emulsion Explosives Market was valued at USD 8.2 Billion in 2024 and is projected to reach USD 10.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2030). This growth is driven by increasing mineral resource extraction, infrastructure development projects, and the superior safety and performance characteristics of emulsion explosives over traditional alternatives like ANFO (Ammonium Nitrate Fuel Oil).

As the global mining industry evolves toward more efficient and environmentally sensitive operations, the demand for advanced blasting solutions is paramount. In this blog, we profile the Top 10 Companies in the Mining Emulsion Explosives Industry—a mix of global giants, regional leaders, and innovators shaping the future of bulk explosives technology.

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🔟 1. Orica Limited

Headquarters: Melbourne, Australia
Key Offering: Bulk Emulsion Explosives, Electronic Blasting Systems, Technical Services

Orica is the world’s largest provider of commercial explosives and blasting systems. The company dominates the global mining emulsion explosives market with its advanced bulk delivery systems like the ‘TruckMounted Unit’ (TMU) and ‘Extract’ digital platform for optimized blast design and execution.

Innovation & Sustainability Initiatives:

• Development of low-carbon footprint emulsions

• World-leading digital blasting technology for precision and reduced environmental impact

• Commitment to sustainable water management in emulsion manufacturing

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9️⃣ 2. Dyno Nobel (Incitec Pivot Limited)

Headquarters: Brisbane, Australia (Global Operations based in Utah, USA)
Key Offering: Dyno® Emulsion Explosives, Packaged Products, Blasting Services

A subsidiary of Incitec Pivot Limited, Dyno Nobel is a major global player with a strong presence in North America and Australia. The company provides a comprehensive range of emulsion explosives tailored for both surface and underground mining applications.

Innovation & Sustainability Initiatives:

• Focus on manufacturing efficiency and supply chain optimization

• Investment in R&D for more energy-efficient explosive formulations

• Partnerships with mining companies for tailored safety and productivity solutions

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8️⃣ 3. ENAEX

Headquarters: Santiago, Chile
Key Offering: SiteMixed Emulsions (SME), Packaged Emulsions, Integrated Blasting Services

ENAEX is a leading Latin American explosives company with a significant global footprint. The company specializes in bulk emulsion explosives and offers comprehensive blasting services, playing a crucial role in the copper mining industry in Chile and beyond.

Innovation & Sustainability Initiatives:

• Development of ‘Pillaring’ technology for underground mining stability

• Implementation of automation in bulk emulsion manufacturing plants

• Commitment to reducing GHG emissions across its operations

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7️⃣ 4. Sasol

Headquarters: Johannesburg, South Africa
Key Offering: Sasol Mining Explosives, Bulk Emulsions, Nitropril® ANFO Enhancers

Sasol’s explosives division is a key supplier to the African mining sector. Leveraging its integrated chemical value chain, Sasol produces high-quality emulsion explosives and ammonium nitrate, which is a key raw material.

Innovation & Sustainability Initiatives:

• Integration of explosives production with upstream chemical manufacturing

• Focus on local content and empowerment in African markets

• Initiatives to improve energy efficiency in production facilities

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6️⃣ 5. Poly Union Chemical Holding Group

Headquarters: Chengdu, China
Key Offering: Civilian Industrial Explosives, Emulsion Matrices, Explosive Accessories

As a major player in China’s industrial explosives market, Poly Union Chemical supplies a significant volume of emulsion explosives to the domestic mining and construction sectors. The company benefits from the vast scale of China’s internal resource extraction industry.

Innovation & Sustainability Initiatives:

• R&D focused on improving emulsion stability and shelf life

• Expansion of production capacity to meet domestic demand

• Adherence to stringent national safety and environmental regulations

Download FREE Sample Report:
Mining Emulsion Explosives Market – View in Detailed Research Report

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5️⃣ 6. Solar Explosives

Headquarters: Nagpur, India
Key Offering: Bulk Emulsion Explosives, Detonators, Explosive Initiation Systems

Solar Explosives is one of India’s leading manufacturers of industrial explosives, serving the coal, metal, and infrastructure sectors. The company has a strong distribution network and is a key partner for large mining companies in India.

Innovation & Sustainability Initiatives:

• Investment in Mobile Manufacturing Units (MMUs) for on-site emulsion production

• Focus on cost-effective solutions for price-sensitive markets

• Adoption of safer manufacturing processes

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4️⃣ 7. Yahua Industrial Group

Headquarters: Ya’an, Sichuan, China
Key Offering: Industrial Emulsion Explosives, Detonating Cord, Electronic Detonators

Yahua Industrial Group is another major Chinese manufacturer with a comprehensive portfolio of civil explosives. The company supplies emulsion explosives to mining and infrastructure projects across China and in international markets.

Innovation & Sustainability Initiatives:

• Development of eco-friendly explosive formulations

• Strategic expansion into international markets, particularly in Southeast Asia and Africa

• Emphasis on automation and digitization in manufacturing

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3️⃣ 8. Liaoning Hongshan Chemical

Headquarters: Liaoning, China
Key Offering: Emulsion Explosives for Coal Mining, Rock Emulsions, ANFO

Liaoning Hongshan Chemical is a significant regional supplier in Northeast China, catering extensively to the coal mining industry. The company specializes in explosives formulated for the specific geological conditions of its primary market.

Innovation & Sustainability Initiatives:

• Product development focused on safety in gassy coal mines

• Logistics optimization for serving regional customers

• Implementation of Industry 4.0 principles in production facilities

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2️⃣ 9. BME Mining (Omnia Group)

Headquarters: Johannesburg, South Africa
Key Offering: BME’s AXXIS™ Digital Blasting, Bulk Emulsions, Underground Mining Solutions

BME, part of the Omnia Group, is a leading integrated explosives company in Africa. It is renowned for its AXXIS™ electronic initiation system and provides end-to-end blasting solutions, including sophisticated bulk emulsion products.

Innovation & Sustainability Initiatives:

• Pioneering work in emulsion/ANFO blends (Emsan)

• Development of non-explosive delivery systems for enhanced safety

• Strong focus on local manufacturing and skills development in Africa

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1️⃣ 10. NOF Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialized Emulsion Explosives, Demolition Agents, Chemical Products

NOF Corporation is a prominent Japanese chemical company with a specialty explosives division. While smaller in volume than mining giants, NOF is known for its high-quality, technologically advanced emulsion explosives used in precision applications and challenging environments.

Innovation & Sustainability Initiatives:

• Expertise in high-performance, waterproof emulsions

• R&D in shock-and vibration-resistant explosives for urban construction

• Commitment to the highest standards of manufacturing and product quality

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Mining Emulsion Explosives Market – View in Detailed Research Report

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🏔️ Outlook: The Future of Mining Emulsion Explosives Is Safer and Smarter

The mining emulsion explosives market is undergoing a significant transformation. While bulk delivery and cost-effectiveness remain critical, the industry is increasingly focused on digital integration, enhanced safety, and environmental responsibility.

📈 Key Trends Shaping the Market:

• Rapid adoption of integrated digital blasting systems for precision and data analytics.

• Development of ‘greener’ emulsion formulations with reduced environmental impact.

• Expansion of on-site mobile manufacturing units (MMUs) to optimize logistics and freshness.

• Growing demand from emerging economies driving market expansion in Asia-Pacific, Africa, and South America.

Get Full Report Here:
Mining Emulsion Explosives Market – View in Detailed Research Report

The companies listed above are not only supplying essential products for resource extraction—they are driving the technological evolution that makes mining more productive, safer, and more sustainable.