In 2023, the common clay and shale sold or used in building brick production in the US was stable. However, from 2024 onwards, forecasts show a significant decline from $9.07 million in 2024 to $2.33 million in 2028. The year-on-year variations are notable, with sharp decreases from 2024 to 2028, reflecting an ongoing downward trend. This represents a considerable shift, with a substantial average annual decline (CAGR) over these five years.
Future trends to watch for:
- Potential shifts in brick production towards more sustainable materials could further impact clay and shale demand.
- Advancements in alternative construction technologies may reduce reliance on traditional building materials.
- Economic factors, such as construction industry health, may influence future clay and shale utilization.