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The explosives & pyrotechnics market share was highly competitive in 2018 due to presence of prominent and large scape players in the market. Key industry players are:
Most of the industry participants are engaged in commercial explosives export to meet the increasing product demand globally. For instance, Orica Mining Services exports the product and has presence in over 100 countries. In addition, the industry players are involved in production capacity and geographic presence expansion to achieve competitive advantage in the value chain.