The forecast for the import of asbestos-cement and cellulose fibre-cement to the US indicates a steady growth from $149.12 million in 2024 to $168.9 million in 2028. As of 2023, the value of imports was not specifically stated, but these projections assume a consistent upward trajectory. The year-on-year percentage variation remains consistent, and the compound annual growth rate (CAGR) over the five-year period reflects moderate and sustainable growth in this sector.
Future trends to watch for include:
- Developments in construction demand influencing import volumes.
- Changes in regulatory policies regarding asbestos usage.
- Technological advancements in alternative materials that may impact market dynamics.