Sec. 52. "Explosives" means a chemical compound or mechanical mixture that:
(1) is commonly used or intended for the purpose of producing an explosion; or
(2) contains any oxidizing and combustive units or other ingredients in such proportions, quantities, or packing that an ignition by fire, friction, concussion, percussion, or detonator of any part of the compound or mixture may cause such a sudden generation of highly heated gases that the resultant gaseous pressures are capable of producing destructible effects on contiguous objects or of destroying life or limb.