National Asbestos Bans Lead to Production Drops at 1.83 Mt by 2016 According to Merchant Research & Consulting, Ltd.

LONDON – As asbestos proves to be the cause for various diseases and even fatal deaths, bans on this hazardous building material are being imposed all around the globe. Therefore the use of asbestos in most countries is declining every year. However, the rates of decline will be less in China, Kazakhstan, Latin America, Russia, and Southeast Asia. These countries have a strong dependence on asbestos products and their current economic and political situations favor the continued use of this building material.

World production remains less than 2.0 Mt because of continued demand in many regions. But with more national bans under consideration, world asbestos consumption may be further accumulated in fewer regions of the world therefore influencing world production. According to the forecast the world production will drop to 1.83 Mt by 2016. The prices will also decline from $615/t to $484/t.

Detailed review and forecast on global, regional and country markets of asbestos can be found in the new market research report “Asbestos Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing asbestos capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).

Report Details:

Asbestos Market Review
Published: May, 2011
Pages: 55

The report also indicates a wealth of information on asbestos producers and suppliers, covers asbestos production in the respective country, major asbestos producers, asbestos consumption in the country market, asbestos trade in the country, asbestos prices. Asbestos market forecast for next five years, including market volumes and prices is also provided.

The study on Asbestos has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Asbestos Market Review” is included into the catalogue “Minerals”, which also highlights Barite, Bentonite, Bromine, Graphite, Gypsum, Lime, Mica, Phosphates, Salt, Sulfur markets.

CONTACTS

Merchant Research & Consulting Ltd.

Julia Hill, Sales Manager

Tel: +44 20 7558 8740

Fax: +44 (20) 7900-3970

Email: j.hill@mcgroup.co.uk