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

The consumption of blasting agents and oxidizers in Iowa is forecasted to steadily increase from 2024 to 2028, starting at 35.56 thousand metric tons and reaching 38.18 thousand metric tons. This increment represents a year-on-year growth of approximately 1.91% to 1.52%. These figures indicate a consistent upward trend post-2023, which marked the baseline year. The forecasted Compound Annual Growth Rate (CAGR) over these five years is approximately 1.74%.

Looking ahead, it's essential to watch for fluctuations in demand from key sectors like construction and mining, potential regulatory changes, and advancements in alternative technologies or materials that might impact usage rates.