The forecasted data shows a steady year-on-year increase in the use of lead for pipes, traps, and other extruded products in the US from 2024 to 2028. Starting at 10.83 thousand metric tons in 2024 and reaching 12.28 thousand metric tons by 2028, this represents a cumulative increase over the five-year period. The compound annual growth rate (CAGR) reflects consistent growth in this sector.
Future trends to watch include:
- The impact of sustainability efforts on material selection and potential shifts away from lead products.
- Regulatory changes influencing lead use and potential substitutes in the construction industry.
- Technological advancements that might affect the demand and efficiency of production processes for extruded products.