The forecast for common clay and shale used in Portland and other cements in the US shows a steady, albeit modest, increase from 2024 to 2028. In 2023, the consumption was recorded at 3.29 million metric tons. From 2024 onwards, the values gradually rise with an annual growth rate, witnessing a consistent upward trend of approximately 0.3% each year. This translates to a compound annual growth rate (CAGR) of about 0.3% over the five-year period under review.
Future trends to watch for include potential shifts in construction demand and environmental regulations impacting cement composition. Innovations in sustainable materials could also influence the clay and shale market dynamics.
