In 2023, the consumption of blasting agents and oxidizers in Louisiana stood at a given level, with the forecasts for 2024 to 2028 showing a gradual increase from 2.66 to 2.70 thousand metric tons. Each subsequent year from 2024 to 2028 is expected to see a slight year-on-year percentage increase in consumption. This consistent, albeit modest, rise suggests a steady growth in demand, with a compound annual growth rate (CAGR) indicating a stable upward trend for this period.

Trends to watch for in the future include:

Technological advancements in blasting techniques potentially impacting consumption patterns.
Regulatory changes concerning environmental impacts and safety standards.
Economic and industrial activities in Louisiana driving demand fluctuations.