In 2023, non-renewable industrial waste production in the UK stood at 270.0 thousand tonnes of oil equivalent. The forecast for 2024 indicates an increase to 275.58, representing a year-on-year growth of 2.07%. This trend continues with a rise to 279.38 in 2025 (+1.38%), 283.1 in 2026 (+1.33%), 286.75 in 2027 (+1.29%), and 290.33 in 2028 (+1.25%). The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 1.46%.
Future trends to watch include:
- Potential impacts of stricter environmental regulations on industrial waste management.
- Technological advancements promoting waste reduction and recycling.
- Shifts in industrial sectors towards more sustainable practices.