Forecast: Blasting Agents and Oxidizers Sold for Consumption in Michigan in the US

In 2023, the consumption of blasting agents and oxidizers in Michigan stood at 35.00 thousand metric tons. The forecasted data indicates a steady annual increase, with values projected to rise to 36.37 thousand metric tons by 2028, showing a Compound Annual Growth Rate (CAGR) of approximately 0.76%. Year-on-year variations reflect a gradual increase: 0.82% from 2024 to 2025, 0.84% from 2025 to 2026, 0.78% from 2026 to 2027, and 0.77% from 2027 to 2028.

Future trends to monitor include:

  • The impact of regulatory changes on consumption patterns.
  • Technological advancements affecting demand dynamics.
  • Shifts in industrial activities within Michigan that might influence these trends.

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