Forecast: Blasting Agents and Oxidizers Sold for Consumption in Utah in the US

In 2023, the consumption of blasting agents and oxidizers in Utah stood at 81.3 thousand metric tons. From 2024 onward, it is projected to grow steadily, reaching 85.6 thousand metric tons by 2028. Year-on-year growth rates indicate a modest increase, with small annual increments. The compound annual growth rate (CAGR) over these five years is about 1.03%, highlighting a consistent upward trend in consumption.

Future trends to watch for include potential impacts from regulatory changes, technological advancements in alternative materials, and shifts in mining or construction activities that could influence demand for blasting agents and oxidizers in the region.