The data indicates a clear downward trend in the volume of common clay and shale used for heavy-clay products, particularly bricks, in the US from 2015 to 2019, with a significant decline each year.
Between 2015 and 2019, the cumulative annual growth rate (CAGR) was negative, reflecting the industry's contraction during this period.
In 2023, the market stood at a significantly lower volume compared to 2015, continuing the declining pattern observed in previous years.
Future trends to watch for:
- Innovations in construction materials and potential shifts towards more sustainable or alternative materials.
- Economic factors influencing construction activities, including housing starts and infrastructure projects.
- Environmental regulations impacting production and usage of clay and shale.