Top 10 Companies in the Explosive Grade High Density Ammonium Nitrate Industry (2026): Market Leaders Powering Global Mining and Infrastructure

In Business Insights
February 13, 2026


The Global Explosive Grade High Density Ammonium Nitrate Market was valued at USD 2,604 Million in 2025 and is projected to reach USD 2,762 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 0.9% during the forecast period. This steady, foundational growth is primarily driven by sustained demand from the global mining and infrastructure development sectors, which rely on HDAN as a key oxidizer in bulk industrial explosives like ANFO (Ammonium Nitrate Fuel Oil).

As the mining industry evolves toward more efficient and safer extraction methods, the focus shifts to the specialized chemical producers who ensure a reliable, high-performance supply of this critical raw material. In this blog, we profile the Top 10 Companies in the Explosive Grade High Density Ammonium Nitrate Industry—a group of global chemical giants and regional specialists that form the backbone of the industrial explosives supply chain.


🔟 1. CF Industries Holdings, Inc.

Headquarters: Deerfield, Illinois, USA
Key Offering: High-density ammonium nitrate prills for explosives

CF Industries is one of the world’s largest producers of ammonia and nitrogen-based products, making it a fundamental supplier of feedstock for explosive-grade ammonium nitrate. With extensive production facilities in North America, the company provides a significant portion of the HDAN used in mining operations across the Americas and for export.

Strategic Initiatives:

  • Major investments in production capacity and operational efficiency

  • Strategic long-term supply agreements with leading mining corporations

  • Focus on safe and reliable logistics for hazardous materials

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9️⃣ 2. Orica Limited

Headquarters: Melbourne, Australia
Key Offering: Ammonium nitrate, bulk emulsions, and technical blasting services

Orica is the world’s largest provider of commercial explosives and blasting systems. While a major consumer of HDAN, the company also has significant in-house production capabilities. Its deep integration into the mining sector allows it to offer tailored explosive solutions and on-site technical support to clients globally.

Strategic Initiatives:

  • Development of advanced blasting technologies and digital solutions

  • Global network of ammonium nitrate production plants

  • Strong focus on sustainability and reducing environmental impact of blasting


8️⃣ 3. Enaex

Headquarters: Santiago, Chile
Key Offering: ANFO, Emulsions, and HDAN prills

Enaex is a leading Latin American producer of ammonium nitrate and industrial explosives, with a particularly strong presence in the copper-rich Andes region. The company operates one of the largest ammonium nitrate plants in the world and is a critical supplier to the South American mining industry.

Strategic Initiatives:

  • Expansion of production capacity to meet growing regional demand

  • Investment in safety and process innovation

  • Strategic partnerships with global mining companies


7️⃣ 4. Incitec Pivot Limited (IPL) / CSBP

Headquarters: Melbourne, Australia (IPL); Kwinana, Australia (CSBP)
Key Offering: Explosives-grade ammonium nitrate

Through its subsidiary CSBP, Incitec Pivot is a major fertilizer and explosives manufacturer in the Asia-Pacific region. CSBP’s facility in Western Australia is a key supplier of HDAN to the vast mining operations of the Pilbara region, serving the iron ore industry.

Strategic Initiatives:

  • Maintaining a strategic position in the high-demand Australian mining market

  • Focus on supply chain reliability for remote mining operations

  • Commitment to high safety and environmental standards

Download FREE Sample Report: Explosive Grade High Density Ammonium Nitrate Market – View in Detailed Research Report


6️⃣ 5. Sasol

Headquarters: Johannesburg, South Africa
Key Offering: Ammonium nitrate and explosives

Sasol, a global integrated energy and chemical company, is a leading producer of explosives and ammonium nitrate in Africa. Its Secunda plant in South Africa is a significant source of HDAN for the continent’s mining sector, particularly for gold and platinum extraction.

Strategic Initiatives:

  • Serving the extensive mining industry in Southern Africa

  • Leveraging integrated chemical production from coal gasification

  • Investment in local manufacturing to ensure supply security


5️⃣ 6. Deepak Fertilisers And Petrochemicals Corporation Ltd. (DFPCL)

Headquarters: Mumbai, India
Key Offering: Technical Ammonium Nitrate (TAN)

DFPCL is a leading Indian producer of industrial chemicals and fertilizers, with a significant market share in the country’s explosives-grade ammonium nitrate sector. Its “Shahpoorji Pallonji” brand is well-established, catering to India’s growing mining and infrastructure needs.

Strategic Initiatives:

  • Capitalizing on India’s rapid infrastructure and mining growth

  • Expansion of TAN production capacity

  • Strengthening distribution networks across the country


4️⃣ 7. Yunnan Jiehua Science and Technology Co., Ltd.

Headquarters: Kunming, Yunnan, China
Key Offering: Ammonium nitrate, nitrochlorobenzene

Yunnan Jiehua is a significant Chinese chemical company involved in the production of ammonium nitrate among other specialty chemicals. It plays an important role in supplying the domestic mining and construction sectors within China’s vast market.

Strategic Initiatives:

  • Meeting the demands of China’s large-scale domestic mining industry

  • Focus on cost-effective production for competitive pricing

  • Adherence to evolving national safety and environmental regulations


3️⃣ 8. Austin Powder Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Industrial explosives and ammonium nitrate

Austin Powder is one of the oldest explosives manufacturers in the United States, with a long history dating back to 1833. The company produces a range of explosive products and is a key player in the North American HDAN market, serving quarry, construction, and mining customers.

Strategic Initiatives:

  • Emphasis on a long-standing reputation for safety and reliability

  • Strong regional presence and customer relationships in North America

  • Provision of comprehensive blasting services and technical expertise


2️⃣ 9. Sichuan Golden Elephant Sairui Chemical Co., Ltd.

Headquarters: Chengdu, Sichuan, China
Key Offering: Melamine, ammonium nitrate, and other nitrogen products

As part of the China National Chemical Group (ChemChina), Sichuan Golden Elephant is a major producer of chemical products, including ammonium nitrate. It supplies the domestic Chinese market, which is critical for the country’s infrastructure and resource extraction projects.

Strategic Initiatives:

  • Leveraging scale as part of a state-owned chemical enterprise

  • Supporting China’s internal development and mining goals

  • Focus on operational efficiency and cost control


1️⃣ 10. Uralchem

Headquarters: Moscow, Russia
Key Offering: Ammonium nitrate, nitrogen fertilizers

Uralchem is one of Russia’s largest producers of ammonia, ammonium nitrate, and other nitrogen-based fertilizers. It is a significant supplier of HDAN to mining operations within Russia and the CIS countries, though its international market presence has been impacted by geopolitical factors.

Strategic Initiatives:

  • Dominant position in the Russian and CIS agricultural and industrial markets

  • Focus on maintaining production for domestic and friendly market consumption

  • Navigating complex international trade and logistics challenges

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🌍 Outlook: The Future of Explosive Grade HDAN Relies on Safety and Efficiency

The explosive grade high-density ammonium nitrate market, while mature, continues to be the bedrock of the global mining and construction industries. The future will be shaped by an unwavering commitment to safety, technological integration, and adapting to the evolving needs of resource extraction.

📈 Key Trends Shaping the Market:

  • Increased adoption of digital blasting technologies for precision and reduced environmental impact

  • Growing emphasis on supply chain resilience and localization to ensure security of supply for critical mining operations

  • Continued stringent regulatory oversight driving investments in safety and compliance across the production and logistics chain

  • Development of enhanced prill formulations for improved performance in specific geological conditions

Get Full Report Here: Explosive Grade High Density Ammonium Nitrate Market – View in Detailed Research Report

The companies listed above are not just chemical suppliers; they are essential partners in global development, enabling the extraction of the minerals and materials that build modern infrastructure and power the world’s economies.