In 2023, asbestos consumption in Europe stood at X Thousand Metric Tons. The forecasted data for the subsequent years indicates a decline in consumption:
- 2024: 14.17 Thousand Metric Tons
- 2025: 13.17 Thousand Metric Tons
- 2026: 12.18 Thousand Metric Tons
- 2027: 11.19 Thousand Metric Tons
- 2028: 10.22 Thousand Metric Tons
Year-on-year variations capture a steady decrease in asbestos consumption with a decline of approximately:
- 2024-2025: -7.06%
- 2025-2026: -7.52%
- 2026-2027: -8.12%
- 2027-2028: -8.67%
The Compound Annual Growth Rate (CAGR) over the last five years is around -8.36%, indicating a persistent reduction in use.
Future trends to watch for include stringent regulatory measures, shifts towards alternative materials, and increasing awareness of health risks associated with asbestos exposure, which may accelerate the declining trend in its consumption.
