The import of aluminous cement to the US is set for modest growth from 2024 to 2028. In 2023, imports stood at 80.998 million kilograms. The year-on-year growth percentage increases slightly each year, from 0.76% in 2024 to 0.70% in 2028, indicating a steady, slight upward trend. The CAGR over this five-year period is approximately 0.59%, suggesting a gradual but consistent rise in import volumes.
Future trends to watch for:
- Global economic conditions and trade relations impacting import levels.
- Technological advancements in construction, potentially affecting demand for aluminous cement.
- Environmental regulations influencing production and importation processes.
- Potential shifts in construction industry needs and material preferences.