The forecast for Blasting Agents and Oxidizers consumption in Washington from 2024 to 2028 shows a decreasing trend in volume. Starting at 11.45 thousand metric tons in 2024, it declines steadily to 10.83 thousand metric tons by 2028. The year-on-year change from 2024 to 2025 is a decrease of approximately 1.40%, while from 2025 to 2026 and then to 2027, it consistently falls around 1.42%. The compound annual growth rate (CAGR) indicates a consistent shrink of about 1.39% per year over this five-year period.
Future trends to watch include potential technological advancements in alternative methods or materials that may reduce the dependency on traditional blasting agents. Additionally, regulatory and environmental pressures might also influence consumption patterns. Observing changes in related industries such as construction or mining could provide further insights into demand fluctuations.
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