The forecast for blasting agents and oxidizers sold for consumption in Vermont indicates steady growth from 2024 to 2028. Starting at 10,070 metric tons in 2024, the volume increases to 11,740 metric tons by 2028. This represents a year-on-year growth ranging between 4% to 4.3% annually in this period. The compound annual growth rate (CAGR) over these five years is approximately 3.78%, highlighting a consistent upward trend in demand.

Future trends to watch for:

Advancements in construction projects and infrastructure development in Vermont driving increased demand.
Environmental and regulatory impacts on the production and usage of blasting agents.
Technological innovations or alternatives affecting market dynamics.