In 2023, the production of articles of cellulose fibre-cement not containing asbestos in the UK was valued at 10.75 million euros. The forecast for 2024 to 2028 indicates a declining trend, starting at 10.435 million euros in 2024 and decreasing each subsequent year to 9.2131 million euros in 2028. Year-on-year analysis reveals a consistent decrease: -3.02% in 2025, -3.05% in 2026, -3.08% in 2027, and -3.11% in 2028. The compound annual growth rate over the five-year period is approximately -3.06%, indicating an average annual reduction in production value.
Future trends to watch for include:
- Technological advancements in fibre-cement that could alter cost structures and production methodologies.
- Regulatory changes impacting the construction materials industry.
- Market demand fluctuations driven by construction trends and sustainability considerations.
- Potential impact from economic policies on material and production costs.
