The share of non-metallic minerals in total domestic material consumption in the US is forecasted to slightly decrease over the next five years, starting from 39.91% in 2024 down to 39.86% in 2028. The trend indicates a gradual decline. The year-on-year variations remain marginal, indicating stability but no significant growth in consumption share. In 2023, the share likely stood around 39.92%, based on the downward projection. The Compound Annual Growth Rate (CAGR) reflects a negligible change over this period, reinforcing the steady nature of this market segment.
Future trends to watch for include advancements in construction technologies and sustainability practices, potentially impacting material preferences. Environmental policies might also shift priorities away from non-metallic minerals, affecting their consumption levels in the long run.
