The forecast for the sold production of asbestos-cement and cellulose fibre-cement in Italy suggests a significant decline over the next five years. From 2024 to 2028, expectations are that production in million kilograms will decrease each year, starting at 8.3 million kilograms in 2024 and diminishing to 3.25 million kilograms by 2028. This represents a consistent downward trend with a sharp year-on-year decline. Assuming the production in 2023 was similar to or slightly higher than 2024, we can anticipate a major contraction in this sector.
Future trends to watch for:
- Changing regulatory and environmental policies that could further impact production levels.
- Shift towards alternative materials as firms adapt to sustainability trends.
- Market demand dynamics and technological advancements that could influence production processes.
- Potential consolidation in the industry due to reduced production and increased competition.