The forecast for blasting agents and oxidizers sold for consumption in Illinois shows a slight declining trend from 42.76 thousand metric tons in 2024 to 41.77 thousand metric tons in 2028. This represents a year-on-year decrease of approximately 0.6% on average annually. These forecasts are based on trends that saw a plateau or marginal decline leading up to 2023, which likely stood at a similar or slightly higher volume than the 2024 forecast projection.
Future trends to watch for:
- Any technological advancements in alternative materials could impact demand.
- Regulatory changes affecting environmental and safety standards may influence consumption.
- Economic conditions affecting the construction and mining sectors in Illinois could significantly alter demand.
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