Canada Industrial Explosive Market

Canada Industrial Explosive Market Insights Forecasts to 2035

• The Market Size is Expected to Grow at a CAGR of around 4.20% from 2025 to 2035
• The Canada Industrial Explosive Market Size is expected to reach at a substantial share by 2035

According to a research report published by Decision Advisior and Consulting, the Canada Industrial Explosive Market is expected to grow at a CAGR of 4.20% during the forecast period 2025-2035. Some of the factors driving the market include expanding mining operations, growing infrastructure projects, rising demand for energy resources, advancements in blasting technologies, increased metal extraction, stringent safety standards, the use of eco-friendly explosives, and government investments in resource exploration.

Market Overview

The Canadian industrial explosives market encompasses the production, distribution, and use of explosive materials for non-military purposes such as mining, quarrying, and construction. Their higher torque output, industrial explosives extensively utilised by tunnelling firms. Different industrial explosives comprise gunpowder, cartridges, ammonium nitrate fuel oil (ANFO), pentaerythritol tetranitrate (PETN), along with explosive components like safety fuse, detonating fuse, and detonators. Moreover, the rate of their detonation mainly classifies industrial explosives. Products used to shatter rock, excavate, and assist large-scale industrial projects include high explosives, blasting agents, detonators, and accessories. Industrial explosives are dangerous blasting materials utilised in quarrying, mining, and construction operations. Industrial explosives can be either deflagrated or detonated. Deflagration of industrial explosives pertains to the explosion triggered by a flame, while detonation results from an explosive shock wave moving through the substance. Following an explosion, industrial explosives generate a powerful torque along with heat, light, sound, and pressure.

Nalagx, an Ottawa-based startup, and French firm Eurenco announced plans to establish Canada's largest explosives plant, with an emphasis on energetic materials for defence and mining uses. The plant, which is expected to open in 2029, would manufacture shells, heavy artillery, and civilian explosives, creating 500 direct jobs and generating an economic effect of $1 billion while also strengthening NATO supply resilience. ?

Report Coverage

This research report categorises the market for the Canada industrial explosive market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada industrial explosive market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada industrial explosive market.

Driving Factors

The Canadian market is primarily driven by the increasing demand for efficient mining and construction activities around the world. Furthermore, increasing infrastructure development projects, particularly in emerging economies, are functioning as the key growth drivers for the market. Further, the rising use of explosives in quarrying and tunnelling operations is promoting market growth. Besides, government mining departments engage in new mining projects to reduce mineral and coal imports. Such investments will provide lucrative chances to grow the market across the country as well as on the world stage.

Orica's production of 100 million electronic detonators at its Brownsburg site in Canada highlights the demand for precision blasting equipment like the WebGen system in mining and civil activities. This reflects ongoing investments in advanced digital initiation systems in Canada's mining sector, which is expected to expand to US$161 billion by 2022, with over 200 operational mines generating demand for potash, key metals, and diamond explosives.

Restraining Factors

Several constraints exist in the Canadian industrial explosives industry, the most significant of which are high regulatory compliance costs, environmental concerns, and safety issues. These obstacles hinder expansion despite stable demand from the mining and construction sectors.

Market Segmentation

The Canada industrial explosive market share is classified into explosive type and end use industry.

• The blasting agents segment held a substantial share in 2024 and is anticipated to grow at a notable CAGR over the forecast period.

The Canada industrial explosive market is divided by explosive type into high explosives, and blasting agents. Among these, the blasting agents segment held a substantial share in 2024 and is anticipated to grow at a notable CAGR over the forecast period. Blasting agents are explosives made up of oxidisers like ammonium nitrate, fuels like fuel oil or aluminium, and sensitisers such as microscopic air bubbles or air pockets, which are non-explosives on their own and can only be detonated with a large explosive charge. Furthermore, sensitisers offer the necessary heat source to catalyse the chemical reaction between oxidiser and fuel.

• The mining segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

The Canada industrial explosive market is segmented by end use industry into mining, construction, and others. Among these, the mining segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The mining market is divided into three categories: metal mining, non-metal mining, and quarrying. Various coal mines favour industrial explosives to shorten overall mining time, improve safety, and cut expenses. Thus, the use of industrial explosives is a viable option.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada industrial explosive market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Dyno Nobel Canada Inc.
• Logtech Canada Ltd.
• EPC Canada
• General Dynamics Ordnance and Tactical Systems
• GD?OTS Canada Valleyfield
• MREL Group of Companies Ltd.
• Others

Recent Developments:

• In September 2025, BME Mining Canada launched the first locally built detonator plant in 35 years near Nairn Centre, Ontario, for the country's second such facility. This electronic and non-electric detonator plant marks the initial phase of a fully integrated explosives complex, including ammonium nitrate emulsions, to reduce mining supply-chain risks and support domestic manufacturing.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Canada, regional, and country levels from 2020 to 2035. Decision Advisior has segmented the Canada industrial explosive market based on the below-mentioned segments:

Canada Industrial Explosive Market, By Explosive Type

• High Explosives
• Blasting Agents

Canada Industrial Explosive Market, By End Use Industry

• Mining
• Construction
• Others

FAQ

1. What is the projected market size and growth rate?

The Canadian industrial explosives market is expected to grow at a CAGR of 4.20% from 2025 to 2035.

2. What are the main market segments?

• By explosive type: High explosives and blasting agents, with blasting agents holding the largest share in 2024 due to their use in mining for cost-effective rock fragmentation.
• By end-user industry: Mining (dominant segment), construction, and others, driven by metal and non-metal extraction needs.

        3 . What drives market growth?

Key factors include expanding mining operations, infrastructure projects, demand for energy resources, blasting technology advancements, and government investments in resource exploration, as seen in recent facilities like Nalagx-Eurenco and BME's detonator plant.?

4. What are the major restraining factors?

High regulatory compliance costs, environmental concerns, and safety issues limit expansion, despite steady demand from mining and construction.?

5. Who are the key companies?

Dyno Nobel Canada Inc., Logtech Canada Ltd., EPC Canada, General Dynamics Ordnance and Tactical Systems, GD-OTS Canada Valleyfield, MREL Group of Companies Ltd, and others. 

6. What recent developments occurred?

In September 2025, BME Mining Canada launched a detonator plant near Nairn Centre, Ontario; Nalagx and Eurenco plan a major explosives facility by 2029 for mining and defence.